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Sri Lankan rupee steady; exporter dlr sales offset importer demand
Sept 8, 2016 (Reuters) – The Sri Lankan rupee traded steady on Thursday as mild dollar demand from importers was offset by exporters’ greenback sales, dealers said. The spot rupee was at 145.40/46 per dollar at 0649 GMT, compared with Wednesday’s close of 145.40/45. One-week rupee forwards were at 145.60/65, compared with the previous day’s close […]
High Court awards death sentence to Duminda Silva in Bharatha Lakshman case
Sept 08, 2016 (LBO) – Colombo High Court today handed the death sentence to five defendants including former MP Duminda Silva in the Bharatha Lakshman murder trial, media reports said. Five defendants included former Parliamentarian Duminda Silva, Anura Thushara de Mel, Chaminda Jayanath, Sarath Bandara and Priyantha Janaka Bandara. Other suspects who were produced before […]
SriLankan Airlines commissions new Global Contact Centre
Sept 08, 2016 (LBO) – SriLankan Airlines said it has launched a 24-hour Global Contact Centre which will further enhance levels of service for all its worldwide customers and members of its frequent flyer programme. Ajith Dias, Chairman of SriLankan Airlines, said: “We have sharply enhanced our focus on the needs of our customers as […]
Walkers Piling commences Sri Lanka’s first sea piling project
Sept 08, 2016 (LBO) – Sri Lanka’s Walkers Piling, a subsidiary of MTD Walkers, announced that they have commenced work on Sri Lanka’s first sea piling project at the Mutuwal Harbour. The piling work is being carried out to enable the installation of a state of the art Shiplift and Transfer System at the Mutuwal […]
Maiden call of 19,224 TEU MSC Maya scheduled for 16th September
(PRESS RELEASE) – One of the largest ships afloat is expected to call on Sri Lanka for the first time, setting a new benchmark and record for the Port of Colombo, terminal operator CICT announced this week. The company said it had secured a commitment for a scheduled service by the Panama registered MSC Maya, […]
Emirates extends Facebook competition in Sri Lanka
(PRESS RELEASE) – Emirates has announced an extension of its competition currently on Facebook exclusively for fans in Sri Lanka, to enable more people to participate and stand a chance to win an exciting visit to Dubai. The competition invites participants to tell Emirates in 35 words or less, why they want to visit Dubai. […]
Sri Lanka approves building expressway from Kurunegala to Dambulla
Sept 08, 2016 (LBO) – Sri Lanka’s cabinet has approved the construction of the central expressway from Kurunegala to Dambulla with funds from Exim Bank of China. This 60 kilometer long section of the central expressway has been identified as a project to be carried out under the ‘Awakening Rajarata’ Development Programme. A cabinet decision […]
SLABA & Royal Turf Club to promote Sri Lanka’s apparel brands
The Sri Lanka Apparel Brands Association [ SLABA ] together with The Royal Turf Club will stage the Royal Turf Club SLABA Runway 2016, featuring the cream of Sri Lanka’s apparel brands who will showcase their products at what will be the first of an Annual Ramp Extravaganza! Royal Turf Club SLABA Runway 2016’ will […]
”s senior debt AA (lka)(EXP)
Fitch Ratings has assigned People’s Leasing & Finance PLC’s (PLC, AA(lka)/Stable) proposed senior debenture issue of up to LKR8bn an expected National LongTerm Rating of ‘AA(lka)(EXP)’. The debentures, which will have tenors of three, four and five years and carry fixed coupons, will be listed on the Colombo Stock Exchange. PLC expects to use the proceeds for working capital […]