Author: lbostgadmin
Sri Lanka Tourism says tourists can resume their travel plans
Mar 08, 2018 (LBO) – Sri Lanka Tourism Development Authority in a situation update said tourists can resume their travel plans to Kandy as the curfew has been lifted by the Police.The update issued by the Sri Lanka Tourism Development Authority today afternoon (1400 hours) said the situation in Kandy is improving and the area […]
Sri Lanka President appoints new cabinet minister for law and order
Mar 08, 2018 (LBO) – Minister Ranjith Madduma Bandara was sworn in as the new Minister of Law and Order, a short while ago. He is the current cabinet minister of Minister of Public Administration and Management. He was sworn in before President Maithripala Sirisena at the Presidential Secretariat, the President’s Media Division said. Prime Minister […]
President visits Kandy, Stresses on communicating precise information
Mar 08, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena held a special meeting in Kandy to discuss the current situation in the district and stressed the importance of communicating precise information to the public. The President discussed with religious leaders about the situation that has occurred suddenly and the leadership they can provide to […]
Mobitel & Commercial Bank launch Data + Credit Card in Sri Lanka
Sri Lanka’s National Mobile Service Provider, Mobitel has partnered with one of the leading banks in Sri Lanka, Commercial Bank to offer a first of its kind credit card . It is the first time in Sri Lanka that a telecom service provider has partnered with a financial institution to offer its customers an exclusive […]
Recurrence of a conflict will impact adversely on development: CCC
Statement from the Ceylon Chamber of Commerce The Ceylon Chamber of Commerce condemns religious and ethnic intolerance which has led to the current situation of unrest. We call upon those vested with authority to take stringent measures to control all efforts to perpetrate violence.We urge all persons to unite and provide leadership to prevent further […]
UN urges authorities and citizens to ensure rule of law is upheld
Mar 08, 2018 (LBO) – The United Nations in Sri Lanka is concerned about the recent incidents of communal violence and condemns these acts in the strongest possible terms and called on all to uphold rule of law in the island.The United Nations urges authorities to take immediate action against perpetrators and to ensure that […]
How can a business achieve continuous growth and stability?
(PRESS RELEASE) – ezBiz App is an all-in-one solution offered to help small and medium scale businesses achieve growth and stability. thinkCube, which is a SaaS vendor offers ezBiz App as a service for small and medium scale businesses and is proud to announce the fact that ezBiz is currently one of the first SaaS […]
Laugfs Gas restructures to create opportunities for investors and foster growth
Mar 07, 2018 (LBO) – Sri Lanka’s a Laugfs Gas PLC announced a strategic restructuring to consolidate dominance in energy operations and create opportunities for investors to invest in individual businesses and foster concentrated growth opportunities, a senior official said Tuesday. “Once the segregation is completed by 31st March as expected, all different entities will […]
Sri Lanka must make inciting racial violence a non bailable offence: Minister
Mar 06, 2018 (LBO) – Sri Lanka’s Finance and Media Minister Mangala Samaraweera said that inciting racial violence must be made a non bailable offence. “Enough is enough, the minister tweeted, yesterday “Inciting racial violence must be made a non bailable offence and politicians who give leadership to such violence should be deprived of their civic […]
”s senior debt AA-(lka)(EXP)
Fitch Ratings Lanka has assigned People’s Leasing & Finance PLC’s (PLC, B/AA-(lka)/Stable) proposed senior debenture issue of up to LKR6 billion an expected National Long-Term Rating of ‘AA-(lka)(EXP)’. The debentures, which will have tenors of four and five years and carry fixed coupons, will be listed on the Colombo Stock Exchange. PLC expects to use […]
First Capital fostering bonds with regional clients
First Capital Holdings PLC, further expanded its branch network in an effort to forester stronger bonds with regionally based clients.During the last year First Capital added a new branch in Negombo to its existing network, while also re-locating offices in Kandy, Kurunegala and Matara to state-of-the-art, stand-alone branches providing value-added products and solutions to both […]
Ravi Dadlani to lead CEAT Kelani JV as new Managing Director
CEAT Kelani Holdings has announced the appointment of Mr Ravi Dadlani as Managing Director of the company with effect from 1st March 2018. PreviouslyVice President Sales, Marketing & Exports at CEAT Kelani, a company he has already served for 11 years, Mr Dadlani succeeds Mr Vijay Gambhire, who returns to CEAT Limited India on completion […]