Sri Lanka’s DFCC Bank receives ISO 27001:2013 certification
DFCC Bank was recently awarded the ISO 27001:2013 certification in recognition of implementing the best practices in legal, physical and technical control for …
Industry
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Sri Lanka in top 10 wedding and honeymoon destinations for 2017
Mar 06, 2017 (LBO) - Kuoni, a luxury tour operator, has named Sri Lanka as one it's top ten honeymoon and weddings abroad destinations, a recently released …
Sri Lanka tourist arrivals down in Feb 2017 amid airport closure
Mar 06, 2017 (LBO) - Tourist arrivals in Sri Lanka fell 0.1 percent in February 2017 to 197,517, compared with the same month in 2016, the first fall since May …
YouTube launches streaming TV to compete with cable channels
Mar 03, 2017 (LBO) – Internet giant Google recently launched YouTube TV in the largest US markets in an attempt to compete with existing cable TV networks. …
JICA kicks off study for Colombo-Malabe elevated LRT
Mar 03, 2017 (LBO) – Sri Lanka office of the Japan International Cooperation Agency (JICA) has commenced the preparatory study for the first elevated Light …
Sri Lanka wins most “Popular Destination” Award at Chinese Travel Fair
Mar 03, 2017 (LBO) - Sri Lanka has won the most “Popular Destination" Award for the second consecutive year at the GITF Travel Fair in Guangzhou, China, the …
CPC to improve refinery efficiency & financial viability by 2019
Mar 03, 2017 (LBO) – Sri Lanka’s state-owned Ceylon Petroleum Corporation has set out several targets to be achieved by 2019 with a view to minimize …
Sri Lanka needs to remarket public transport: official
Mar 03, 2017 (LBO) – Sri Lanka’s public transport needs to be developed and marketed as an attractive technologically savvy mode and an alternative to …
Australia supports tourism business development in Sri Lanka
On 1 March 2017, Australian High Commissioner Bryce Hutchesson, together with Minister for Tourism Development and Christian Religious Affairs the Hon John …
Sri Lanka Telecom December quarter loss turns to profit
Mar 02, 2017 (LBO) – Sri Lanka Telecom group, the island's largest fixed line operator, said profits rose to 124 million rupees in the December quarter from …
Govt nod for dedicated Jet A-1 fuel line for BIA
Mar 02, 2017 (LBO) - Sri Lanka will construct a jet A-1 fuel pipeline and tank farm to supply aviation fuel to international and domestic aircraft at the …
Sri Lanka water board sets targets to achieve by 2019
Mar 01, 2017 (LBO) – Sri Lanka’s water board has agreed to undertake several targets in line with IMF and Finance Ministry requirements over implementing …
Sri Lanka govt to call bids for 100MW floating solar power plant
Mar 01, 2017 (LBO) - Sri Lanka's government will call international competitive bids to build a 100 megawatt floating solar power plant in the Maduru Oya …
Energy regulator seeks public views on Sri Lanka’s long term power plan
Feb 28, 2017 (LBO) – Sri Lanka’s electricity regulator the Public Utilities Commission is seeking public comments on the input data and assumptions of the …
Ceylon Tobacco unit profits up 8-pct in Dec despite volume drop
Feb 28, 2017 (LBO) – Profit after tax at Ceylon Tobacco, a unit of British American Tobacco, rose 8 percent to 2.0 billion rupees in the December quarter, …
JICA kicks-off study to formulate plans for developing Kandy city
Feb 28, 2017 (LBO) – Sri Lanka’s Urban Development Authority together with Japan International Cooperation Agency today commenced a study to formulate …
Shopper sentiment improves on retail growth in Sri Lanka: OBG
Feb 28, 2017 (LBO) - Greater consumer confidence could bring about higher returns from Sri Lanka’s retail sector, though the possibility of a further …
Lee Hedges to withdraw Rs2.8bn project amid shareholder concerns
Feb 27, 2017 (LBO) – Sri Lanka’s Lee Hedges is to reverse a resolution for a proposed multi-storied apartment after several shareholders requested that the …
HNB emerges as most profitable private banking group with Rs22.5bn PBT
An outstanding performance throughout 2016 on every front culminated in the HNB Group posting the best financial results in its history. Group Profit Before …
SriLankan Airlines welcomes Airbus A320neo to its fleet
SriLankan Airlines has commenced the induction of the first of its latest Airbus aircraft. The A320neo arriving today, February 27th will be the first of the …