Interactive workshop with Cultural Triangle Hoteliers’ Association
SKAL club of Sri Lanka conducted a Hotel Management Workshop at Amaara Forest Hotel, Sigiriya on 11 th of May, 2018. It was conducted by Mr. Nirmala …
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ADB, Sri Lanka sign USD210Mn loan for Mahaweli water security investment program
May 18, 2018 (LBO) – The Asian Development Bank (ADB) and the Government of Sri Lanka signed a US 210 million dollar second tranche loan …
IMF to complete its 4th review on June 1 as SL introduced fuel price formula
May 18, 2018 (LBO) – IMF Communications Department on Thursday announced that their board is scheduled to discuss Sri Lanka’s completion of …
Janashakthi life business reports Gross Written Premium of Rs.764Mn , YoY growth 8-pct
Janashakthi Insurance PLC (Janashakthi) reported its financial results for the three month period ended 31st March 2018. Janashakthi had divested …
Samsung launches Galaxy J7 Duo in Sri Lanka
Samsung Sri Lanka expanded its best-selling range of Galaxy smartphones by introducing Galaxy J7 Duo. Galaxy J is Sri Lanka’s most popular …
Nations Trust Bank – Realizing Dreams
The Nations Trust story began more than 18 years ago when a small new bank full of determination,entered a field dominated by titans with a dream to …
Laugfs Gas urges Govt to introduce transparent mechanism for LPG pricing
May 18, 2018 (LBO) – Sri Lanka’s liquid petroleum gas (LPG) prices should be adjusted using a pricing mechanism that is transparent, …
SriLankan requests passengers to arrive 3 hrs prior to departure time
Urgent Notice Colombo May 17, 2018: SriLankan Airlines wish to inform all passengers, to arrive at the airport three hours prior to the departure …
Virtusa Corp reported a Q4 2018 revenue of 281.3 million, Up 6.6-pct
(PRESS RELEASE) Fourth quarter fiscal 2018 revenue of $281.3 million, increased 6.6% sequentially and 24.5% year-over-year, inclusive of $5.7 …
Distributors smuggle Rs10mn worth fuel on the day prices hiked
May 17, 2018 (LBO) – Ceylon Petroleum Storage Terminal (CPSTL) has incurred a loss of around 10 million rupees on the day fuel prices hiked. …
Sri Lanka’s Telecommunication Ministry signs MoU with Microsoft
May 17, 2018 (LBO) – The Telecommunication, Digital Infrastructure and Foreign Employment Ministry signed a Memorandum of Understanding …
LKR depreciation unwarranted; Reserves to reach US$ 11Bn by June 2018 :CB
May 17, 2018 (LBO) – The Central Bank of Sri Lanka says the underlying fundamentals do not warrant the current pressure on the Sri Lanka rupee. …
Simplicity in Business Management is here with the lightest Business App
(PRESS RELEASE) – thinkCube Systems (Pvt) Ltd, the pioneering cloud application builder, has yet again introduced an innovative product to …
Simplicity in Business Management is here with the lightest Business App
(PRESS RELEASE) – thinkCube Systems (Pvt) Ltd, the pioneering cloud application builder, has yet again introduced an innovative product to …
World crude oil prices are lower than they were when I was in power: MR
Increase in fuel prices and economic mismanagement Following the recent increase in fuel prices, transport costs and the prices of goods and services …
Sri Lanka among 23 countries vulnerable to Chinese debt distress: Study
May 16, 2018 (LBO) – Sri Lanka has been classified as a highly vulnerable country to debt distress of China’s Belt and Road Initiative (BRI) in a …
Instagram hosts first ever cultural exhibition in Sri Lanka
Instagram today hosted its first ever cultural exhibition in Sri Lanka which was inaugurated by Harin Fernando, MP (Minister of Telecommunications …
Cabinet nod for new committee to prevent money laundering and terrorism financing
May 16, 2018 (LBO) – Sri Lanka’s cabinet of Ministers has approved to widen the composition of National Coordinating Committee for …
Sri Lanka Pvt bus Associations to strike, says can’t accept 6.5-pct fare hike
May 16, 2018 (LBO) – The Lanka Private Bus Owners’ Association (LPBOA) and Inter-Provincial Private Bus Association (IPPBA) said it …
Sri Lanka’s Comm Bank reports PBT of Rs.6.3Bn, up 21-pct
May 15, 2018 (LBO) – Commercial Bank of Ceylon PLC has reported profit before VAT and NBT of 7.677 billion rupees and profit before tax of …
Facebook to empower youth & entrepreneurs in Sri Lanka
May 15, 2018 (LBO) – Facebook’s global ‘Boost Your Business’ program is now available for the youth and entrepreneurs of Sri Lanka. Facebook …
HNB Group records Rs7.2Bn PBT in Q1
May 15, 2018 (LBO) – Sri Lanka’s Hatton National Bank reported a first quarter profit after tax growth of 22.5 percent to 4.5 billion …
China approves USD1bn for 1st phase of Central Expressway construction
May 15, 2018 (LBO) – Chinese Government has approved 1 billion US dollars for the phase I of the Central Expressway construction and instructions …
SL welcomes Panmunjom Declaration & looks forward to US-DPRK summit
Statement on the Inter-Korea Summit on 27 April 2018 Sri Lanka welcomes the Inter-Korea Summit between the leaders of the Republic of Korea and the …