Etihad Airways suspends all flights to Doha, Qatar
Press Release: From the evening of 5 June 2017, Etihad Airways will suspend all flights to and from Doha until further notice. The last flight from Abu Dhabi …
Industry
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SLT first to successfully field test Pre-5G LTE Advanced Pro in South Asia
June 06, 2017 (LBO) - Sri Lanka Telecom, together with Huawei Technologies, has successfully carried out South Asia’s first comprehensive field trial of …
Sri Lanka Railways to collect land lease arrears of Rs1.4bn
June 05, 2017 (LBO) – Sri Lanka’s state-owned Railways Department said 1.46 billion rupees is yet to be collected as lease arrears for land owned by the …
Janashakthi Offers Free Breakdown Assistance to All Vehicle Owners Affected by Floods
Expressing its solidarity with all fellow Sri Lankans affected by the recent adverse weather conditions, Janashakthi General Insurance Limited announced that …
Mitra Innovation client wins UK data industry award
June 05, 2017 (LBO) - A client of Sri Lanka and UK-based Mitra Innovation, Beyond Analysis, has recently won a data industry award, the company said. Mitra …
New Chairman assumes duties at SLPA
(PRESS RELEASE) - Dr.ParakramaDissanayake assumed duties as the Chairman of Sri Lanka Ports Authority (SLPA) on the 01st of June 2017. The appointment was …
India’s Petronet LNG proposes supply of ‘green’ LNG to Sri Lanka
June 01, 2017 (LBO) - India's Petronet LNG has proposed to supply 'green' LNG to Sri Lanka and is awaiting an evaluation of their proposal, Deputy Manager of …
Opinion : Building the future, infrastructure in ASEAN and South Asia
By Anna Marrs ASEAN and South Asia are building infrastructure at an unprecedented rate. Anyone who travels the capital cities of this region knows it for a …
Sri Lanka Navy to complete pedestrian walkway near Supreme Court
June 01, 2017 (LBO) – The Urban Development Authority has proposed that Sri Lanka Navy should complete stage III of the pedestrian walkway along the St. buy …
LOLC records historic profit before tax of Rs24bn
Sustaining its unblemished track record, LOLC Group concluded an excellent year sealed by its strongest financial performance to date. For the year ended 31st …
Sri Lanka reinsures natural disasters with Renaissance Singapore
May 31, 2017 (LBO) – Sri Lanka has selected Renaissance Reinsurance Singapore as the lead reinsurer of the national natural disaster and emergency relief …
SriLankan expands network to Myanmar from June
SriLankan Airlines will expand its network to Yangon, capital of Myanmar, from 1st June 2017, with the commencement of a codeshare partnership with Myanmar …
Foreign relief aid pledged to Sri Lanka after floods
May 30, 2017 (LBO) - Sri Lanka's official flood death toll rose to 177 on Monday as the island sought international assistance. High Commissioners and …
New entrants to apartment development industry will face difficulties: Developer
May 29, 2017 (LBO) - Sri Lanka's newer entrants into the apartment development industry will find it difficult to compete with established players as a result …
Indian ships arrive in Sri Lanka with flood relief, China pledges USD2.2Mn
May 29, 2017 (LBO) - Sri Lanka's monsoon death toll rose to 164 with another 88 listed as missing as Indian ships arrived with relief supplies and China …
SriLankan Airlines adds Melbourne to network from October
May 29, 2017 (LBO) - SriLankan Airlines will be establishing its presence in Australia with daily non-stop services to Melbourne commencing October 29th this …
Lankem Ceylon acquires injection moulding firm for Rs150mn
May 26, 2017 (LBO) – JF Packaging Private Limited, a fully owned subsidiary of Lankem Ceylon, has acquired a firm engaged in the business of injection …
Developer reacts to CB Governor’s comments on apartment industry
(PRESS RELEASE) Responding swiftly and strongly to the statement made by the Governor of the Central Bank with regard to the apartment development industry, …
Dialog starts operations of 4.5G LTE home broadband in Colombo
Sri Lanka achieved yet another milestone on the region’s broadband technology landscape this week, as Dialog Axiata announced the launch of its commercial …
DFCC sells stake in Commercial Bank to subscribe for rights issue
May 25, 2017 (LBO) – Sri Lanka’s DFCC Bank Wednesday sold 1.18 percent of the issued voting shares in Commercial Bank, the bank said in a stock exchange …