Author: lbostgadmin
SriLankan adds 18 more destinations through codeshare with Qatar Airways
Dec 16, 2019 (LBO) – SriLankan Airlines is adding 18 more new cities in Europe, North America, South America, and the Middle East through the expansion of its codeshare agreement with its oneworld partner Qatar Airways, bringing its global route network to 127 destinations in 56 countries. SriLankan passengers would have new options via Qatar’s […]
Tax reduction allows Sri Lankan traders to import wheat flour instead of wheat grain
Dec 16, 2019 (LBO) – Sri Lanka’s government has removed the consolidated Tax of 36 rupees per kilogram of imported wheat flour and replaced it with the Special Commodity Levy (SCL) of 8 rupees per kilogram. This Special Commodity Levy will come into effect from December 14th through a special Gazette notification issued by Prime […]
Google Trends 2019: Easter bombings trigger Americans to search where is Sri Lanka
Dec 16, 2019 (LBO) – Sri Lanka topped the ‘Year in Search 2019’ list of the Google search in the ‘Where is’ category beating the Superbowl venue this year and Area 51. According to Google Trends 2019 published recently, the interest over time for the keyword ‘Where is Sri Lanka’ spiked in the week of […]
Mobitel to play critical role as connectivity partner for Hatton National Bank
(PRESS RELEASE) – HNB as the communication and solutions partner. MEB offers industry-best ICT services and provide tailor made business solutions using big data, data science and advance data analytics which has consistently attracted the nation’s blue chip corporates to opt for Mobitel as their Communications Partner. We will put this expertise to strategic use […]
‘s Lanka Tile in JV with Chinese firm to export porcelain mosaic tiles
Dec 16, 2019 (LBO) – Lanka Tiles Plc has entered into a tripartite agreement with Foshan Shiwan Yulong Ceramic Ltd. of China and Benjamin Malloy of Dallas, Texas in the US with the aim of exporting porcelain mosaic tiles. The venture involves an investment of 200 million rupees where Lanka Tiles will convert its present […]
Sri Lanka to be represented in World Business Angels Investment Forum
Dec 16, 2019 (LBO) – Talal Rafi, a Sri Lankan entrepreneur and consultant will be Sri Lanka’s representative to the World Business Angels Investment Forum (WBAF) and will be representing Sri Lanka at the WBAF World Congress in Istanbul, Turkey in February 2020 as well as in the Global Startup Committee. “The participation of Talal […]
National policy framework of Government released via Treasury web site
Dec 16, 2019 (LBO) – The Government’s new National policy framework Vistas of Prosperity and Splendour has been released to the internet via Treasury website www.treasury.gov.lk. This is aimed at achieving the fourfold outcome of being a productive citizen, a contented family, a virtuous, disciplined and just society and a prosperous nation. Accordingly, it is […]
Japanese Foreign Minister reaffirms support to broaden cooperation with Sri Lanka
Dec 14, 2019 (LBO) – Japanese Foreign Minister Toshimitsu Motegi called on Foreign Minister Dinesh Gunawardena yesterday at the Foreign Ministry in Colombo. Recalling vivid milestones of mutually rewarding relations, the two countries share, the Japanese Minister assured the support of the Government of Japan to strengthen and diversify cooperation between the two countries towards […]
Tourism veteran Upali Ratnayake steps down as DG of SLTDA
Dec 12, 2019 Tourism industry veteran Upali Ratnayake has stepped down as the Director-General of the Sri Lanka Tourism Development Authority (SLTDA), the apex body of the Tourism Sector in Sri Lanka. Having joined as a Management Trainee in 1995, Ratnayake rose to the organization’s top tier of decision making over the years as the […]
Sri Lanka to review process adopted to revise original scope of Colombo Financial City
Dec 12, 2019 (LBO) – Sri Lanka’s cabinet nod has been received to appoint an expert committee to look into the process adopted by the previous government to revise the original scope of the Colombo Financial City. With the help of external consultants and the Legal Draftsman, a Bill has already been drafted to establish […]
Treasury approves bonus payments for employees of statutory bodies
Dec 12, 2019 (LBO) – Sri Lanka’s Treasury has approved the payment of bonuses for 2019 for the employees of state-owned statutory bodies and fully state-owned companies. The Treasury has issued a circular in this regard to all Secretaries to Ministries, Heads of fully state-owned companies and state-owned statutory bodies. The circular No: 03/2018 of […]
New pathway – Dual Membership for CA Sri Lanka students
Dec 12, 2019 (LBO) – A landmark agreement is scheduled to be signed to provide a new pathway to students of CA Sri Lanka on 16 December together with the Institute of Chartered Accountants in England and Wales (ICAEW). The agreement allows CA Students to obtain the membership of the most prestigious professional accountants organisation […]