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Sri Lanka announces biggest youtube meetup of the year with “YouTube Open Mic”
YouTube Open Mic Night is the first of its kind in Sri Lanka, and an event to bring together the country’s leading YouTube Celebrities, Brand Ambassadors, Content Creators, Influencers and YouTube Enthusiasts and will be happening on 10th of August from 6pm onwards at the Spice Room at Shangri-La Hotel, Colombo. This event is powered […]
Moragahakanda Kalu Ganga Reservoir water filling commences
July 23, 2018 (LBO) – Sri Lanka marked the completion of the Mahaweli Multipurpose Project after the water filling of the Moragahakanda Kalu Ganga Reservoir commenced today under the patronage of President Maithripala Sirisena. Mahaweli Multipurpose Project initially inaugurated at Polgolla in the Central Province by the then Prime Minister Sirimavo Bandaranaike on 08 January […]
Sri Lanka – UNWFP join hands to improve nutrition and food security
Jul 23, 2018 (LBO) – The UN World Food Programme (WFP) and the government of Sri Lanka have signed a Letter of Understanding (LOU) on its next phase of partnership to enhance food security and nutrition, in support of the government’s Vision 2025 and sustainable development goals. The LOU was signed by Dr. R. H. […]
Wulian appoints Techneed as authorized distributor for IoT products in Sri Lanka
Wulian, a professional manufacturer and global leading supplier for IOT, Smart Home products and solutions has announced the appointment of Techneed (Pvt) Ltd. one of Sri Lanka’s growing high-tech IoT start-ups as an authorized distributor in Sri Lanka. This will enable the company to expand its market share, for its complete IOT, Smart Home product […]
Opinion: Suren Ratwatte was underpaid as CEO of Sri Lankan Airlines
July 23, 2018 (LBO) – A recent uproar has been created by the Right to Information Commission’s disclosure of the executive compensation package of former Sri Lankan Airlines CEO Suren Ratwatte.The disclosure indicated that Ratwatte made approximately US$20,000 monthly basic salary as CEO, plus perks which can be estimated at US$5000 per month. The indicates […]
Colombo Port transshipments up by 19.8-pct in 1H; targets 7mn TEUs for 2018
July 22, 2018 (LBO) – Establishing a record in transshipment operations, the Colombo Port has witnessed the highest growth of 19.8 percent in transshipment container throughput for the first half of 2018 as against the corresponding period in 2017.During the first half of 2018, the Port of Colombo handled 2,733,906 TEUs of transshipment containers as […]
Guardian Acuity Asset Management Unit Trust Funds bags Gold and Silver
MEDIA RELEASE July 22, 2018 (LBO) – Guardian Acuity Asset Management underlined its position as one of Sri Lanka’s leading unit trust management companies, winning the Gold and Silver awards for the Best Unit Trust Fund at the CFA Sri Lanka Capital Market Awards 2018, held in Colombo Tuesday 26th June 2018. The Guardian Acuity […]
OPINION: The Sri Lankan tourist industry’s ignorance of the North starts at the top
By Jekhan Aruliah I must first congratulate the Sri Lanka Tourist Development Authority (SLTDA) before I criticise it. Just a few days after the publication of my article in June 2018 complaining their “Sri Lanka Tourist Attractions” map showed nothing in the Northern Province other than Jaffna’s airport, the SLTDA replaced that barren old map. […]
Colombo stocks finish higher for second straight week, JKH up 4%
July 20, 2018 (LBO) – The Colombo Stock Exchange closed higher for the second straight week. After several consecutive weeks of decline, the major indices have managed to string together back to back weeks of gains. The All Share Price Index (ASPI) was up close to 1% and the S&P SL 20 was up close […]
LAUGFS IT triumphs at BestWeb.lk 2018
LAUGFS IT successfully clinched multiple awards for the fourth year at the recently concluded “BestWeb.lk 2018” competition. The LAUGFS Holdings corporate website bagged the Gold Award in the ‘Corporate Category’, Bronze Awards in the ‘Overall Category’ as well as the ‘Special Category for the Best Tamil Website’, and the Merit Award for the ‘Best Web […]