Author: lbostgadmin
‘s decision to air-gap public sector closely watched
Aug 29, 2016 (LBO) – Singapore is working on how to “air gap” web access for public servants as a defense against cyber attacks, a media report said. But some security experts say the policy, due to be in place by May, risks damaging productivity among civil servants and cutting them off from the people […]
USS Frank Cable Arrives in Sri Lanka today
Aug 29, 2016 (LBO) – The USS Frank Cable (AS-40) will arrive in Sri Lanka for a routine refueling and port visit on August 29. During the visit, sailors from the ship will enjoy shore leave and volunteer at an animal shelter, a statement said. USS Frank Cable (http://www.csp.navy.mil/frankcable/) is a submarine tender vessel stationed […]
Sri Lankan horse owners make their mark in Mysore
(PRESS RELEASE) – La Donna, the fashionably bred 3 year old bay, daughter of multidimensional, out of Forest Treasure, bred at the Usha Stud, set the Mysore Racetrack alight when she won the Srikantadatta Narasimharaaja Wadiyar Memorial Million on Friday 26th August. Owned by the Sri Lanka based Mr. and Mrs. Rienzie Edwards, the filly […]
‘ rate comments, dollar firms
SINGAPORE, Aug 29 (Reuters) – Most Asian share markets slipped on Monday while the U.S. dollar held firm on Monday after U.S. Federal Reserve Chair Janet Yellen indicated an interest rate increase remains on the cards for this year. MSCI’s broadest index of Asia-Pacific shares outside Japan slid 0.7 percent. Japan’s Nikkei, bucked the trend […]
PTL Watch: Yields down 25-35 bps for week, foreign inflow
[pdf-embedder url=”http://www.lankabusinessonline.com/wp-content/uploads/2016/08/PTL-Daily-Market-Report-26th-August-2016.pdf” title=”PTL Daily Market Report 26th August 2016″]
Emergency ambulance service for Western Province in two weeks
Indian State Minister of External Affairs VK Singh and Deputy Minister Harsha de Silva today observed the functions of the Galle District Emergency Ambulance Service. De Silva said this ambulance service will be extended to Western Province in another two weeks.
Excise duty on diesel increased to Rs13 a litre; LIOC down 9.7 pct
Aug 26, 2016 (LBO) – Sri Lanka’s government has raised excise duty on diesel by 10 rupees a litre to 13 rupees, the Finance Ministry said in a statement. Although the excise duty on diesel was raised three days ago, no public announcement was made until Friday. The share price of LIOC fell to 37.80 […]
‘s National Development Bank CEO to resign, Chairman retires
Aug 26, 2016 (LBO) – Chief Executive Officer of National Development Bank, Rajendra Theagarajah will resign with effect from November 30 and Chairman of the bank, N G Wickremeratne will retire on August 31 , a statement said. Ananda W Atukorala, had been appointed as a non-executive director and chairman of the bank subject to […]
SriLankan flight schedule changes due to BIA runway work
SriLankan Airlines wishes to advise its valued customers of changes to its schedule over a three-month period commencing from 06th January 2017 to 06th April 2017,due to the closure of Colombo’s Bandaranaike International Airport from 0830 hours to 1630 hours each day for maintenance work on the runway. The following flights have been cancelled. However, […]
Huawei introduces “King of Fingerprint” series launching GR5 Mini in Sri Lanka
(PRESS RELEASE) – Huawei, the fastest growing smartphone in Sri Lanka announced the launch of its latest addition to the G Series family GR5 Mini to the country. Huawei together with its national distributor Singer Sri Lanka PLC will market the product through the island for an introductory price of LKR 29,999 enabling all Sri […]
CA Sri Lanka launches CPD online tool for members
In it’s efforts to stay ahead with technological advancements and provide its stakeholders with a range of updated services for their convenience and further development, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently launched the Continuing Professional Development (CPD) Online Tool for the benefit of it’s members. The CPD Online Tool […]
Sri Lankan rupee stronger on foreign bank dollar sales
Aug 26, 2016 (Reuters) – The Sri Lankan rupee traded stronger on Friday as a foreign bank sold dollars while importers buying greenback slowed down as they awaited further appreciation, dealers said. The rise also comes as the government is increasing its three-year loan to 0 million from an initial target size of up to […]