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Central Bank considering alternatives to revive Swarnamahal Financial Services
May 02, 2019 (LBO) – Sri Lanka’s Central Bank said they are currently considering alternative measures to revive Swarnamahal Financial Services PLC as the buyer failed to remit the remaining amount for the disposal of ETI Finance Ltd (ETIF).Monetary Board gave its concurrence on 21 February 2018 to dispose identified subsidiary, sub-subsidiary companies and investment properties of ETIF for […]
UN Under-Secretary General meets PM; pledges support
May 02, 2019 (LBO) – The Under-Secretary General of the United Nations Miguel Angel Moratinos visited Sri Lanka and paid a courtesy call on the Prime Minister, expressing his condolences with regard to the Easter Sunday Attack, and pledging their support to the Government of Sri Lanka. He stated that the entire international community is […]
Inter-faith meeting in UK Parliament deplores Sri Lanka Easter Sunday terror attacks
Members of Parliament, faith leaders and Sri Lankan diaspora deplore Sri Lanka terror attacks as ‘not in our name’ and propound universal loving kindness and solidarity at inter-faith meeting in UK Parliament UK Members of Parliament, faith leaders and the British Sri Lankan community leaders deplored the Easter Sunday terror attacks in Sri Lanka, condoled […]
Ceylon Chamber proposes action points for reviving Sri Lanka
May 02, 2019 (LBO) – Ceylon Chamber of Commerce has proposed several action points for reviving the Nation following the acts of terrorism which occurred on Easter Sunday. Consequent to concerns discussed at its April meeting of the Chamber Committee, the Ceylon Chamber of Commerce has sought meetings with President and Prime Minister to discuss matters relating […]
LAUGFS officially inaugurates operations of S Asia’s largest LPG transshipment terminal
May 02, 2019 (LBO) – LAUGFS Terminals Ltd officially inaugurated operations of its LPG transshipment terminal at the Hambantota international Port. It is the largest of its kind in South Asia, with the first of its LPG cargo brought in by the Sri Lankan flagged vessel Gas Success, part of LAUGFS Maritime’s own LPG vessel fleet. […]
HappyMarket.lk Helping Small Entrepreneurs Bust the Sales Barrier
By Jekhan Aruliah If your objective is to make money you’d better be sure you know how to sell. If you need to feed and house and educate your family. Or you need to impress your colleagues with the latest baubles, gadgets and fancy cars. Whether you are coding apps, handmaking ornaments, cultivating mangoes, or […]
Experience Dubai in a different light this summer with My Emirates Pass
(PRESS RELEASE) – Emirates customers can unlock the best Dubai has to offer for less this summer with the return of My Emirates Pass – an offer that turns an Emirates boarding pass into an exclusive membership card providing travelers special benefits and discounts of up to 50 percent off in more than 500 leisure and […]
Finance Minister leads Sri Lankan delegation to 52nd AGM of ADB
Apr 30, 2019 (LBO) – Finance Minister Mangala Samaraweera will lead the Sri Lankan Delegation to the 52nd Annual Meeting of the Board of Governors of the Asian Development Bank to be held in Nadi, Fiji from 2nd to 5th May 2019.The Annual Meeting of the ADB Board of Governors provides opportunities for member governments […]
Social media and messaging apps restored in Sri Lanka
Apr 30, 2019 (LBO) – Access to social media and messaging apps is being restored in Sri Lanka on the ninth day after the services were blocked as a security measure following a series of terror attacks, according to the latest NetBlocks network data. The restoration appears to be in progress and is as yet only […]
‘s housing market is gearing to meet economic, environmental and social challenges
Apr 30, 2019 (LBO) – Sri Lanka’s Landmark Group, a real estate development company bent on challenging traditional approaches to the island’s housing and property market says it is now gearing up to meet the economic, environmental and social challenges facing the industry. The real estate company is run by leading businesswoman Neelangani Hapangama and managed by […]