Dialog becomes Sri Lanka’s first cloud service provider to offer VMware

July 17, 2018 (LBO) – Sri Lanka’s leading telecommunications service provider, Dialog Axiata on Tuesday partnered with VMware to strengthen the country’s enterprise cloud market. With this partnership, Dialog Axiata becomes Sri Lanka’s first cloud service provider to offer VMware based cloud services to organizations using a fully automated and flexible platform.This platform will support […]

Asia Property Awards debuts in Sri Lanka: Honors industry’s growing potential

Jul 17, 2018 (LBO) – Sri Lanka’s real estate industry was honored at the first PropertyGuru Asia Property Awards which was held at the Shangri-La, Colombo, recently. The awards recognised the real estate sector’s tremendous potential, with the island’s most innovative developers and current developments of the year chosen by an independent panel of experts following […]

CSE to host briefing for potential Empower Board sponsors

Jul 17, 2018 (LBO) – The Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) recently launched “Empower”, a listing platform fostering capital raising and growth opportunities for Sri Lankan Small and Medium Enterprises (SMEs). SMEs around the country now have at their disposal a range of new capital raising […]

Opinion: Lessons from Lakshman Kadirgamar, a master networker in a pre-Linkedin world

By Ajita Kadirgamar July 16, 2018 (LBO) – Long before the advent of the internet, social media and professional networking sites such as LinkedIn, Sri Lankans were masters of the networking game. Networking, whether social or professional is basically, ‘the exchange of information and ideas among individuals or groups that share a common interest’.It has […]

Sri Lanka remains Human Rights Priority Country of UK with limited progress

July 16, 2018 (LBO) – Sri Lanka remains a priority country in the United Kingdom’s Annual Human Rights Report 2017. Sri Lanka is one of 30 ‘Human Rights Priority Countries’ (HRPCs); countries where the UK has serious human rights concerns and hopes to engage positively to develop human rights performance. The report acknowledges that there […]

Capital Trust Residencies wins multiple awards at Asia Property Awards 2018

Capital TRUST Residencies (Pvt) Ltd clinched four prestigious awards at the PropertyGuru Asia Property Awards 2018 held at Shangri-La Hotel Colombo on 12th July 2018.Among them was one of the major awards at the ceremony, the “Best Boutique Developer”. The company’s Thimbirigasyaya Road, Colombo 05 project won “Best Mid End Condo Development (Colombo)” and also […]

EU, Canada, Norway diplomatic missions oppose death penalty in Sri Lanka

July 16, 2018 (LBO) – Delegation of the European Union (EU) to Sri Lanka and diplomatic missions of Canada and Norway have strongly and unequivocally opposed capital punishment in all circumstances and in all cases. Sending a letter to the President, they said the death penalty is incompatible with human dignity, does not have any proven […]

France beat Croatia 4-2 to secure second FIFA World Cup title

July 16, 2018 (LBO) – France have won the 2018 FIFA World Cup Russia after defeating Croatia 4-2 in a thoroughly entertaining Final at the Luzhniki Stadium in Moscow in what was a fitting end to an outstanding tournament.Despite Croatia having the majority of possession in the opening stages, France took the lead in somewhat […]

National Export Strategy to be launched this week

Jul 16, 2018 (LBO) – Sri Lanka is to launch a long-awaited National Export Strategy (NES) later this week on the 19th. “The National Export Strategy (NES) is a fantastic opportunity for the private sector and the government to work together but the success of it will depend entirely on the political will of the incumbent […]

Tire maker Michelin acquires Camso

Jul 16, 2018 (LBO) – Michelin, a tire company  has acquired Camso, an off-the-road (OTR) track and tire company, for US 1.45 billion dollars. The two companies’ off-the-road operations will be combined and create a new division managed in Magog, Quebec (Canada).A press statement claims, “The strategic partnership makes the newly created entity the world leader […]

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