Sri Lanka’s MICE tourism capacity could do better: Minister
Jun 10, 2016 (LBO) – Sri Lanka should look at increasing its potential as a venue for holding Meetings, Incentive travel, Conferences and Events (MICE) …
Businesses consider co-working long-term solution, says Regus
June 09, 2016 (LBO) - Latest research by flexible workspace provider Regus shows that co-working is now considered a long-term option for businesses, instead …
India plans expanded missile export drive, with China on its mind
June 9 (Reuters) - India has stepped up efforts to sell an advanced cruise missile system to Vietnam and has at least 15 more markets in its sights, a push …
Sri Lanka approves funds for reservoirs and Southern roads
Jun 08, 2016 (LBO) - Sri Lanka’s cabinet has approved several reservoir and road development projects including the lower MalwathuOya reservoir and roads …
Sunrise Engineering to power Sri Lanka with “Veefil”
Re-charging electric vehicle in 20 minutes is now possible Sunrise Engineering signed an exclusive distributor agreement with Tritium, the Australian designer …
Sri Lanka to issue certificates of absence for missing persons
Jun 08, 2016 (LBO) - The Cabinet of Ministers approved draft legislation enabling the issuance of Certificates of Absence enabling family of missing to …
World Bank downgrades 2016 global growth to 2.4-pct
June 08, 2016 (LBO) - The World Bank is downgrading its 2016 global growth forecast to 2.4 percent from the 2.9 percent pace projected in January, a statement …
Asian shares at near six week high on oil, Fed expectations
June 8 (Reuters) - Asian shares held near six-week highs on Wednesday, on a brightening outlook in the energy sector and hopes that the U.S. Federal Reserve …
Commercial Bank begins new series of entrepreneurship programmes for women
The Commercial Bank of Ceylon recently conducted the first of a series of entrepreneur development programmes exclusively for women, in recognition of their …
ODEL launches LUV Sigiriya campaign to protect historic site
ODEL clean up team hauls down 40 sacks of rubbish from Lion Rockon World Environment Day Callous visitors defile the historic Sigiriya rock with 40 sack loads …
World Export Development Forum creates opportunity for PPP’s
With the recent launch of the WEDF 2016 to be held in Sri Lanka in October, the EDB has taken a bold step towards creating a true sense of the word of Public, …
Brandix honours Supply Chain partners at Vendor Summit
Inspired performances by supply chain partners in FY 2015-16 contributed to the best year to date for apparel powerhouse Brandix, which honoured its top …
Sri Lanka’s needs to replace traditional workplace with new strategies: JLL
techJun 06, 2016 (LBO) - Sri Lanka should be developing new workplace strategies and new workplace methods soon to cater to changing trends, Jones Lang LaSalle …
Sri Lankan rupee up as IMF approves USD1.5 bln loan
June 6 (Reuters) - Sri Lankan currency gained on Monday as investor sentiment got a boost after the International Monetary Fund approved a three-year, $1.5 …
Global economies stuck in low growth trap, Policy makers need to keep promises: OECD
Jun 06, 2016 (LBO) - The global economy is stuck in a low-growth trap that will require more coordinated and comprehensive use of fiscal, monetary and …
Sri Lankan Researchers honoured for Process Innovation treating Asthma
In what can be hailed as a national achievement, two Sri Lankan scientists, Manoj Hettiarachchi and Nalin Kannangara of Sri Lankan pharmaceutical company …
Sri Lankan rupee forwards slightly firmer on bank dollar sales
June 2 (Reuters) - Sri Lankan rupee forwards edged up on Thursday as banks, led by state-owned lenders, sold dollars amid light demand for the U.S. currency …
World Bank provides USD55mn to develop Jaffna
Jun 02, 2016 (LBO) –The World Bank has approved a 55 million US dollar loan to Sri Lanka to improve urban services, preserve cultural and environmental …
“HA-YA-TO” a Japanese traditional Taiko drumming trio to perform “Cool Japan, Warm Sri Lanka”
“Cool Japan, Warm Sri Lanka”, a joint drumming performance by “HA-YA-TO” a popular Japanese traditional Taiko drumming trio, together with …
Sri Lankan rupee forwards edge down on importer dollar demand
June 1 (Reuters) - Sri Lankan rupee forwards fell on Wednesday due to dollar demand from importers amid fears the currency could weaken further if the …