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Fitch affirms Abans Finance at 'BBB+(lka)'; Outlook remains negative

Sri Lanka, March 7 -- lbo.lk,lbo Fitch Ratings has affirmed Abans Finance PLC's National Long-Term Rating at 'BBB+(lka)'. The Outlook remains Negative. KEY RATING DRIVERS Shareholder Support Underp... Read More


New data show massive, wider-than-expected global gender gap: World Bank

Sri Lanka, March 6 -- The global gender gap for women in the workplace is far wider than previously thought, a groundbreaking new World Bank Group report shows. When legal differences involving violen... Read More


Sri Lankan experts call for increased focus on global trade to drive economic growth

Sri Lanka, March 6 -- The country can achieve significantly higher economic growth supported by international trade. Sri Lanka to deepen trade ties with South Asian countries (Bangladesh, Pakistan, Ch... Read More


Declaration of Assets and Liabilities Law to be Amended

Sri Lanka, March 5 -- In addition to the officials and categories of individuals required to disclose their assets and liabilities as outlined in the amended Declaration of Assets and Liabilities Law ... Read More


Minister Jeevan Thondaman inaugurates Ramayana Art Exhibition in New Delhi

Sri Lanka, March 4 -- At the invitation of the Director General of the National Gallery of Modern Arts (NGMA) New Delhi, Minister of Water and Estate Infrastructure Development Jeevan Thondaman inaugu... Read More


JICA and BASL collaborate in drive against bribery and corruption in Sri Lanka

Sri Lanka, March 4 -- As a key step of JICA's initiative in supporting the Sri Lankan authorities to combat bribery and corruption, a series of introductory workshops were conducted between the 19th a... Read More


Ambitious scale-ups from South Asia encouraged to apply for UK's new global tech awards

Sri Lanka, March 4 -- The UK Government is on the hunt to unearth the most promising tech scale-up companies across the world through the Unicorn Kingdom: Pathfinder Awards (UKPA). Building on the su... Read More


Sri Lanka trade balance deteriorated by 3.6-pct in January 2024

Sri Lanka, March 1 -- The deficit in the merchandise trade account widened to US dollars 541 million in January 2024 from US dollars 445 million recorded in January 2023, mainly with higher increase i... Read More


Sri Lanka headline inflation decelerates in February 2024 to 5.9-pct

Sri Lanka, March 1 -- Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100)1 decelerated to 5.9% in February 2024 from 6.4% in January... Read More


Platned expands operations in Sri Lanka

Sri Lanka, Feb. 29 -- Platned, a leading technology solutions provider headquartered in the United Kingdom, recently expanded its operations in Sri Lanka with a new state-of-the-art office. The compa... Read More