CICT voted best container terminal in Asia
Jun 21, 2019 (LBO) - The CMPort managed Colombo International Container Terminal (CICT), the only deep water terminal in the Port of Colombo, has been voted …
Industry
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Samsung brings world’s first QLED 8K TV to Sri Lanka in partnership with Jaguar Land Rover
Samsung Sri Lanka today launched the world’s first QLED 8K TV in Sri Lanka in partnership with SML Frontier Automotive, sole agents for Jaguar Land Rover in …
Sri Lanka wins “Best Folklore Performance Award” at Seoul tourism fair
The Embassy of Sri Lanka in Republic of Korea in association with the Sri Lanka Tourism Promotion Bureau (SLTPB) organized Sri Lanka’s pavilion at the Seoul …
Sri Lanka CB launch roadmap for sustainable finance
Jun 20, 2019 (LBO) - The Central Bank launched the roadmap for sustainable finance in Sri Lanka and hosted a high-level seminar for senior officers of …
Fitch rates SriLankan Airlines proposed guaranteed USD bonds ‘B(EXP)’
Jun 19, 2019 (LBO) – Fitch Ratings has assigned SriLankan Airlines Limited's (SLA) proposed issue of US dollar government-guaranteed bonds an expected rating …
Sri Lanka’s real estate and construction industries continue stoically, post Easter Attack
(PRESS RELEASE) - Sri Lanka’s construction sector which ranks as the 5th highest in the nations GDP earnings, after Services, Manufacturing, Agriculture and …
Advocata commends Government’s decision to shut down SaluSala
Jun 19, 2019 (LBO) - Advocata Institute commends President Maithripala Sirisena’s directive to shut down the loss-making, state-owned handloom enterprise …
Sri Lanka vehicle registrations down in May 2019
Jun 19, 2019 (LBO) - Vehicle registrations across the board slowed except for 2 wheelers, mini and light trucks during the period May 2019, a new report shows …
Samsung Electronics remains top brand in Asia for eighth consecutive year
Samsung Electronics has been named the best brand in Asia in 2019 for the eighth year in a row, according to results from ‘Asia’s Top 1000 Brands’ annual …
Ritz-Carlton Residence and Hotel Tower reaches 30th floor
Jun 17, 2019 (LBO) - Keeping its promise to its client’s and stakeholders, developers of The Ritz-Carlton Hotel and Residence, Colombo, The One Transworks …
Govt provides sovereign guarantee to RDB Bank to obtain USD 50mn loan from ADB
Jun 15, 2019 (LBO) – Government has facilitated the Pradeshiya Sanwardana Bank, by providing a sovereign guarantee, to obtain a loan amounting to 50 million …
Sri Lanka BoI sign USD1.6Mn Yala hotel deal with Spanish firm
Jun 14, 2019 (LBO) - The Board of Investment of Sri Lanka signed an Agreement with Putus Brother’s Sustainable Developments (Private) Limited to build, …
eChannelling introduces Artificial Intelligence based Chabot
Jun 13, 2019 (LBO) – eChannelling, the largest Doctor Channeling Network in Sri Lanka, has launched a Chatbot for the first time in Sri Lanka’s healthcare …
CA Sri Lanka members can now obtain AICPA international associate membership
Jun 12, 2019 (LBO) – The Institute of Chartered Accountants of Sri Lanka continued to make inroads across the global accounting arena, as it signed yet …
Thai Tourism Chief to sign MoU promoting bilateral tourism during Sri Lanka visit
Jun 12, 2019 (LBO) – Governor of the Tourism Authority of Thailand accompanied by a group of outbound travel agents and journalists is to visit Sri Lanka …
Sri Lanka launches National Digital Roadmap
Jun 12, 2019 (LBO) - Sri Lanka Telecom yesterday marked a special milestone in the country’s digital journey towards SMART Sri Lanka with the launch of the …
Ceylon Chamber organizes awareness session on exporting to US under GSP
The Ceylon Chamber will be organizing an awareness session on “Exporting to the United States under the Generalized System of Preferences: New Trends and …
Japanese investor reiterates confidence in Sri Lanka
Jun 12, 2019 (LBO) - President of Tosslec Co. Ltd, Kyoto, Japan Jitsuo Mikasa, a Japanese investor has reaffirmed that his company would continue to invest in …
Employee group opposes alleged privatisation of profitable Litro Gas
Jun 12, 2019 (LBO) - The Litro Surakime Jathika Ekamuthuwa (LSJE) or Litro Surakeeme National Unity, a newly formed employee union, has intensified its …
Disregarded Failures of African Exploration
The exploration of Africa by the British is a level that has been told clip and again, ofttimes in irksome point. We suffer shelves wide-cut of biographies of …