Ceylinco Life’s 6-month income up 14-pct to Rs 11 billion
(PRESS RELEASE) - Ceylinco Life has reported that total income grew 14 per cent to Rs 11.028 billion in the six months ending 30th June 2016, with robust …
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Asia Pacific shows progress in water security, challenges remain – ADB
STOCKHOLM, SWEDEN (30 August 2016) – Water security in Asia and Pacific has progressed overall in the past 5 years, but major challenges remain, including …
Fitch Affirms Lion Brewery at ‘AA(lka)’; Outlook Stable
(PRESS RELEASE) - Colombo30 August 2016: Fitch Ratings has affirmed Sri Lankabased Lion Brewery (Ceylon) PLC's (Lion) National LongTerm Rating of …
Sri Lankan firms asked to implement ‘sourcing strategies’ during a Ceylon Chamber seminar
An expert asks Sri Lankan firms to have a sound ‘sourcing strategy’ in order to help improve the overall business performance by sourcing the rights …
UK, Australia and Taiwan issue travel advisories for Singapore on Zika cases
Aug 30, 2016 (LBO) - Countries including the U.K., Australia and Taiwan have issued travel advisories for tourists to Singapore after the nation announced a …
Fitch affirms Sri Lanka Insurance Corporation at IFS B+/Negative
Fitch Ratings has affirmed Sri Lanka Insurance Corporation Limited's (SLIC) Insurer Financial Strength (IFS) rating at 'B+' with a Negative Outlook. The agency …
Sri Lanka’s tea industry opposes state interference to use levy
Aug 29, 2016 (LBO) – Sri Lanka’s tea industry players have opposed the Finance Ministry’s move to appropriate the funds accumulated by Tea Board, …
Virtusa, highest forex earner of computer related services at Export Awards
VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd. and a leading worldwide provider of information …
Sri Lankan horse owners make their mark in Mysore
(PRESS RELEASE) - La Donna, the fashionably bred 3 year old bay, daughter of multidimensional, out of Forest Treasure, bred at the Usha Stud, set the Mysore …
Emergency ambulance service for Western Province in two weeks
Indian State Minister of External Affairs VK Singh and Deputy Minister Harsha de Silva today observed the functions of the Galle District Emergency Ambulance …
SriLankan flight schedule changes due to BIA runway work
SriLankan Airlines wishes to advise its valued customers of changes to its schedule over a three-month period commencing from 06th January 2017 to 06th April …
Huawei introduces “King of Fingerprint” series launching GR5 Mini in Sri Lanka
(PRESS RELEASE) - Huawei, the fastest growing smartphone in Sri Lanka announced the launch of its latest addition to the G Series family GR5 Mini to the …
CA Sri Lanka launches CPD online tool for members
In it’s efforts to stay ahead with technological advancements and provide its stakeholders with a range of updated services for their convenience and further …
Weather to impact Sri Lanka’s tea output in 2016: report
Aug 26, 2016 (LBO) – The impact of extreme weather conditions continues to take its toll on Sri Lanka’s tea crop which is now clearly poised to show a …
Sri Lanka seeks Indian subcontinent partner for Port’s ECT
Aug 26, 2016 (LBO) - Sri Lanka is seeking a partner from the Indian subcontinent to develop a port designed to be its deepest and accommodate the world’s …
Fitch rates Hatton National Bank’s subordinated debt A+(lka) (EXP)
Fitch Ratings has assigned Hatton National Bank PLC's (HNB; AA(lka)/Stable) proposed subordinated debenture issue of up to LKR6bn an expected National …
Sri Lanka opener T M Dilshan to retire from ODI Cricket
Aug 25, 2016 (LBO) – Sri Lanka’s opening batsman T M Dilshan has decided to retire from one-day cricket after the 3rd ODI in Dambulla, Sri Lanka Cricket …
Australia probes bribery scandals in Sri Lanka, Congo
Aug 25, 2016 (LBO) - Two Australian companies are caught up in bribery scandals that involve the offices of the presidents of Sri Lanka and the Republic of …
Sri Lanka level series despite Faulkner hat-trick
Aug 24, 2016 (Reuters) – Australia's James Faulkner claimed his maiden hat-trick but could not deny Sri Lanka a series-levelling 82-run victory in the second …