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Opinion: Real estate trends 2020, What you need to know to make it big
Lanka Property Web As you are packing up those store-bought Christmas decorations that have been adorning your home throughout the holidays and restoring the symbolic tree that might need a lot of ‘dusting’, for next Christmas; the first chapter of 2020 has just begun with real estate trends! It’s the start of a new decade […]
ICRA Lanka reaffirms long-term & short-term ratings of First Capital Holdings
Jan 09, 2020 (LBO) – ICRA Lanka Limited, subsidiary of ICRA Limited, a group company of Moody’s Investors Service, has reaffirmed the issuer rating of [SL]A- with stable outlook for First Capital Holdings (FCH). ICRA Lanka has also reaffirmed the [SL]A2+ rating for the LKR 1,500Mn commercial paper programme of FCH. ICRA Lanka has also […]
Singapore Law & Home Affairs Minister called on President
Singapore Law and Home Affairs Minister Kasiviswanathan Shanmugam who was on a three-day official visit to Sri Lanka called on President Gotabaya Rajapaksa today (8). President and Minister Shanmugam broadly discussed on a range of issues of importance to the two countries. The discussions that took place at the Presidential Secretariat mainly centered on improving […]
SriLankan Airlines changes Colombo-London route to avoid airspace of Iran, Iraq
Jan 08, 2020 (LBO) – Due to the prevailing unsettled situation in the Persian Gulf region, SriLankan Airlines has altered the route of its Colombo-London-Colombo flights to avoid the airspace of Iran and Iraq with immediate effect, as a precautionary measure. SriLankan Airlines said in a statement that it is closely monitoring the situation and […]
Sri Lanka unemployment up to 5.1-pct in Q3 2019
Jan 08, 2020 (LBO) – T h e n u m b e r o f unemployed persons is estimated as 437,797 or 5.1 percent during the third quarter 2019, latest data show. Overall unemployment rate reported for female is 8.5 percent and 3.3 percent for male, the Sri Lanka Labour Force Survey (LFS) says. […]
LankaPropertyWeb sets up new Property Centre
Jan 08, 2020 (LBO) – Following over a decade of successful operation of helping people find, sell and rent property in Sri Lanka, LankaPropertyWeb.com which has become the most popular place for properties along with House.lk started a new chapter in its journey by establishing a ‘Property Centre (PC)’ in Colombo. In a prime location […]
Cinnamon FOT keynote speaker features Sri Lanka on CNN Business Traveller
Jan 08, 2020 (LBO) – CNN’s foremost international business correspondent and presenter Richard Quest will feature Sri Lanka in the newest edition of CNN Business Traveller. The programme will be aired on January 8th at 14:00 IST (Premiere) (followed by repeat telecasts on Thursday, 8th January at 2300 IST, Saturday, 11th January at 1200 IST, Sunday, 12th January at 0100 IST / 1700 IST, Saturday, 18th January […]
‘s SpaceX launches 60 more satellites
SpaceX launched 60 more mini internet satellites late on Monday, this time testing a dark coating to appease stargazers. It’s a “first step” compromise between SpaceX and astronomers who are fearful of having dark skies spoiled by hundreds and, eventually, thousands of bright satellites circling overhead.
Opinion: Tobacco smoking in Sri Lanka, going the last mile
Chathurga Karunanayake and Chamini Thilanka Despite multiple measures by successive governments to bring down tobacco prevalence in Sri Lanka, still more than one in four males use tobacco. Reducing smoking prevalence is also identified as one of the concerns in the manifesto of the newly elected president of Sri Lanka.This blog argues that bringing down […]
Sri Lanka achieves 1.9Mn revised tourists arrival target for 2019: SLTDA
Jan 07, 2020 (LBO) – Despite 2019 being a tough year for the tourism industry, Sri Lanka has achieved the revised tourists’ arrival target for 2019 which stands at 1,913,702 as of 31st December. It is a decline of 18 percent from 2018 when 2,333,796 of tourists had visited the country during the same period, […]