Tag: lbo.lk
ComBank launches LankaPay cards in Sri Lanka
Sri Lanka’s payment cards domain took a giant leap today when the Commercial Bank of Ceylon in collaboration with LankaPay launched a national credit and debit card with international acceptance. This National Card Scheme is an initiative implemented by LankaPay in partnership JCB International Co. Ltd, the Japan-based international card, with over 150 million cardholders […]
Opinion: IMF Programme #17, Takes two to tango
By Daniel Alphonsus Countries never learn from others’ mistakes, they only learn from their own. Sri Lanka is an exception: we don’t even learn from our folly. Apparently neither does the IMF. Sri Lanka’s 17th IMF programme is set to be approved on March 20th. Is it welcome? Yes. Will it break Sri Lanka’s reform-regress-run […]
Ceylinco Life retains market leadership for 19th consecutive year in 2022
Ceylinco Life policyholders received a mammoth Rs 18.9 billion in net claims and benefits in 2022, as the Company achieved its 19th consecutive year of market leadership in Sri Lanka’s life insurance sector with gross written premium income of Rs 29.16 billion for the 12 months ending 31 st December. Premium income grew by a […]
Ekva to energise Sri Lanka’s startups
Ekva LLC, a US company with strong Sri Lankan roots spearheaded by Amith Boteju, CEO will be in Sri Lanka to find promising startups in any industry for the company’s accelerator. “We aim to invest and guide promising startups to build sustainable businesses and raise funds. Selected startups will be offered an investment from Ekva […]
Indian Min Jaishankar inaugurates “Geoffrey Bawa: It is essential to be there” marks 75 yrs of Indo-Lanka relations
Indian Minister of External Affairs Dr. S. Jaishankar inaugurated the Sri Lankan exhibition “Geoffrey Bawa:It is Essential To be There” at the National Gallery of Modern Art in New Delhi recently. Indian Minister of State for External Affairs and Culture Meenakshi Lekhi was also present on this occasion. The historic exhibition which features the works […]
Eran urges Govt to disclose contents in IMF agreement
Even though the present government said no, the Samagi Jana Balawega emphasized from the beginning that this country needs some sort of agreement and financial assistance from the International Monetary Fund because it gives a signal to the international market that there is a financial discipline in the country paving the way for bilateral and […]
Opinion: HNB reiterates importance of developing a national savings culture
HNB Deputy General Manager – Retail and SME Banking, Sanjay Wijemanne As more Sri Lankans face concerns over their personal financial security, and that of the country, HNB is working to help raise awareness on the opportunities that every Sri Lankan can access, in order to develop their savings habits, and help drive an effective […]
SL raises Commonwealth of Nations Flag for Peace as collective commitment
On the occasion of Commonwealth Day, the Commonwealth of Nations Flag for Peace was raised on 13 March 2023 by State Minister of Foreign Affairs Tharaka Balasuriya with the participation of Secretary of the Ministry of Foreign Affairs Aruni Wijewardane and officials of the Ministry symbolizing Sri Lanka’s commitment to the shared values and principles of […]
SL welcomes UN agreement to protect high seas
Sri Lanka welcomes the conclusion of negotiations on a landmark agreement to enhance the international legal regime concerning the conservation of marine biological diversity in the High Seas which concluded on 4th March at the United Nations Headquarters, New York, Ministry of Foreign Affairs said in a statement released today. The agreement covers almost two-thirds […]
Ekva to power Sri Lanka’s start-ups
A high-profile team from Ekva LLC,a US company with strong Sri Lankan roots will launch their accelerator in mid-March in a bid to strengthen, support and grow local start-ups. Ekva/ එක්ව/ ஒன்றாக/ Together is a company with equal opportunity irrespective of language, colour, gender identity or persons differently-abled entrenched in their ethos. Their accelerator, uniquely […]
Women’s Day, Strength and Knowledge through Togetherness
By Jekhan Aruliah “Every day is women’s day” snorted my female friend in Colombo irritably responding to my question over the phone from Jaffna whether she knew 8th March is “Women’s Day”. She is right. Mothers, sisters and daughters will tell you a woman’s day never ends. A woman deals with whatever comes as it […]
Pace of reform toward equal rights for women falls to 20-year low: World Bank report
The global pace of reforms toward equal treatment of women under the law has slumped to a 20-year low, constituting a potential impediment to economic growth at a critical time for the global economy, a new World Bank report shows. In 2022, the global average score on the World Bank’s Women, Business and the Law index rose […]