Tag: lbo.lk
Prime Lands Residencies Limited debuts IPO
Prime Lands Residencies Limited the condominium property arm of the of real estate artistry in Sri Lanka, Prime Group, recently debuted its Initial Public Offering (IPO) Proposition. Through the past 25 years of the Prime Group journey, this feat is certainly a remarkable milestone for both the company and the real estate industry of Sri […]
Sri Lanka calls for stronger regional cooperation for building back better from pandemic
Speaking on the theme ‘Building back better from crises through regional cooperation in Asia and the Pacific’ Prime Minister Mahinda Rajapaksa at the inauguration of the 77th Session of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) outlined Sri Lanka’s successful approach in controlling the COVID-19 and called for renewed “South-South” […]
Citizen or Not: Process and concerns of buying property in Sri Lanka as an expat
By Lanka Property Web With the recent changes in the law welcoming expat Sri Lankans to purchase property in the country, LankaPropertyWeb interviewed Attorney at Law Saminda Jayasekara regarding the feasibility of this option and the barriers to overcome in the process. As a local, there are no restrictions on purchasing property in the country. […]
EU ‘Farm to Fork’ Strategy: Guidance towards more sustainable and resilient farming and food systems
Ensuring sustainable food security is a vital element of Sri Lanka’s agriculture sector and the country’s economy at large. The COVID-19 pandemic has highlighted the importance of a robust and resilient food system that can function in all circumstances and can ensure access to a sufficient supply of affordable food for all. The current pandemic […]
New hotline to inform about COVID patients as cases rise
A new hotline has been introduced to provide information on COVID-19 patients who continue to remain at home, Army Commander General Shavendra Silva said. The General public can contact 1906 to inform regarding this matter. Over 3,000 COVID-19 patients were detected over the weekend and the country’s total COVID-19 patient count has risen to 111,753. […]
New State Minister for Community Police Services sworn in today
Dilum Amunugama has been appointed as the State Minister for Community Police Services, in addition to his current portfolios, stated the President’s Media Division. He was sworn in before President Gotabaya Rajapaksa at the Presidential Secretariat this morning
Opinion: Rejuvenating waste plastic bottles, a universal treasure
By Michael F. Perera Valuable resources are extracted every day to develop convenient products such as bottles, containers and more. As the extraction of virgin resources rapidly depletes the availability of such, it is high time a sustainable alternative is fetched, to ensure longevity and liveability for future generations. With the prices for virgin material […]
State Minister Cabraal visits Qatar to explore means to expand economic cooperation
A Sri Lankan delegation headed by the State Minister of Finance, Capital Market and State Enterprise Reforms Ajith Nivard Cabraal visited the State of Qatar recently. The Embassy of Sri Lanka in Doha organized a series of meetings for the State Minister Cabraal and the accompanying Sri Lankan delegation from the Central Bank of Sri […]
Seylan Bank records Rs.1Bn PAT in 2021 Q1 despite Covid challenges
Seylan Bank made a steady start in 2021 by posting a Profit After Tax (PAT) of LKR 1Bn in Q1 2021 amidst macro-economic challenges brought in by the COVID-19 pandemic. Statement of Financial Performances Interest income recorded a decline due to the lower interest rates and moderate book growth but net interest margin showed a […]
NCPI based inflation increased to 5.1-pct in March 2021
Headline inflation as measured by the year-onyear (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100)1 increased to 5.1 percent in March 2021 from 4.2 percent in February 2021. This was due to the statistical effect of the low base prevailed in March 2020. Meanwhile, Food inflation (Y-o-Y) increased to 8.8 percent in March […]
Eran in Parliament: Govt. usurps judicial power to decide the merits and demerits of the court cases
The Commission of Inquiry on political victimization was appointed in January 2020 and the report to President was given in December 2020. Thereafter Cabinet approval was obtained and another special Presidential Commission of Inquiry was appointed. Furthermore, we saw on the 09th of April a resolution brought to Parliament stating that things that should be […]
SL participates in region-wide activity to consolidate joint COVID-19 cooperation
Foreign Minister Dinesh Gunawardena participated in a joint video conference on COVID-19 response involving his counterparts from China, Afghanistan, Bangladesh, Nepal and Pakistan recently. The discussions focused on consolidating COVID-19 response cooperation and promoting post-pandemic economic recovery as well as poverty alleviation amidst the recent spike in COVID-19 infections. During his remarks, Minister Gunawardena underlined […]