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‘s healthcare expansion to diversify cash flow: Fitch Ratings
Feb 28, 2020 (LBO) – Melstacorp PLC’s foray into the Sri Lankan healthcare industry will help diversify its cash flows away from its focus on spirits over the longer term, Fitch Ratings says. Full statement Melstacorp agreed on 20 February 2020 to buy Browns Health Care (Pvt) Ltd, which operates a 70-bed multi-speciality hospital in […]
‘s oil spill combat expertise
An expert team of five Japan Coast Guard (JCG) officials including two National Strike Team members specialized for combatting oil spill incidents and two Mobile Cooperation Team members specialized for the capacity development in Japan was dispatched to Sri Lanka for the period from 18 February to 27 February to conduct technical transfers to Sri […]
Future engagement with Sri Lanka to be decided after next review in mid-April: IMF
Feb 28, 2020 (LBO) – Sri Lankan authorities have expressed interest in a range of options for future engagement with the fund, the International Monetary Fund said. Gerry Rice of the IMF Communications Department speaking at a briefing, however, said that the specifics of that engagement will be discussed after the next review in mid-April. […]
Sri Lanka decides not to go ahead with current MCC agreement
Feb 28, 2020 (LBO) – Sri Lanka’s Cabinet of Ministers has decided not to go ahead with the current Millennium Challenge Corporation Compact (MCC) agreement. Prime Minister Mahinda Rajapaksa today handed over the interim report of the 4-member committee appointed to review the MCC agreement to the Cabinet of Ministers. At the cabinet press briefing […]
Uber announces new safety features for Sri Lanka
Feb 28, 2020 (LBO) – Uber announced the introduction of several new safety features such as an Uber Safety Helpline, RideCheck – a feature that detects trip irregularities – and Pin Verification to keep its community of riders and drivers safer. The new features, which will be available in a few weeks, underscore Uber’s continued […]
UN rights chief regrets Sri Lanka withdrawal from resolution
Feb 28, 2020 (LBO) – The United Nations’ human rights chief expressed regret on Sri Lankan government’s decision to withdraw its co-sponsorship of a 2015 resolution backing an investigation into alleged human rights violations during the island’s civil war, Thursday. Michelle Bachelet addresssing the U.N. Human Rights Council sessions in Geneva said that the decision […]
Chinese Ambassador to Sri Lanka bids farewell
Feb 27, 2020 (LBO) – Chinese Ambassador Cheng Xueyuan will be leaving Sri Lanka to take up his new promotion. PMD Statement It was an honor to work as the Ambassador to Sri Lanka, said Chinese Ambassador Cheng Xueyuan when he came to the Presidential Secretariat today (27) to bid farewell to President Gotabaya Rajapaksa. […]
MillenniumIT ESP forms strategic partnership with MINT HRM
MillenniumIT ESP – one of Sri Lanka’s leading Systems Integrator and Information Systems provider recently formed a strategic partnership with MintHRM, a cloud based Human Resource Information System provider, to serve its key markets with a diverse portfolio of solutions focusing on human capital transformation and management. Human capital transformation and management is a prime […]
Power cut carried out on 03 February by CEB could have been avoided: PUCSL
Feb 27, 2020 (LBO) – Public Utilities Commission of Sri Lanka (PUCSL) says that the load shedding programme carried out on 03 February 2020 could have been avoided. “Apparently the system had enough capacity to supply the full demand during the period of load shedding,” the PUCSL said in an analysis report. “However, if the […]