Author: lbostgadmin
Virtusa Showcases Innovation and Tech Prowess at Tech Month
(PRESS RELEASE) – Virtusa announced the launch of “Virtusa Tech Month”, a celebration of the company’s innovative spirit and technology leadership, at its Colombo Advanced Technology Center recently. Bringing together Virtusans from across various practices and domains including Healthcare, Communications, Media and Information Industries (CMI), Banking and Financial Services (BFS) and FinTech, the event seeks […]
PDO seeks feedback of beauty culture entrepreneurs to develop sector
Feb 08, 2018 (LBO) – Policy Development Office of the Prime Minister’s Office is currently seeking feedback from beauty culture entrepreneurs to identify the issues in the sector.Policy Development Office (PDO) said there is a high response rate for the ongoing island wide survey regarding the field of beauty-culture. Data analyzing process is yet to […]
Lanka Property Web to hold second successive show
Feb 08, 2018 (LBO) – Lanka Property Web.com will be hosting for the second successive year Sri Lanka’s largest property show, scheduled to be held on February 16th and 17th at the Kingsbury Hotel. Over 20 exhibitors are expected to participate at this year’s event, the web site said issuing a statement.Visitors will be able to view […]
Sri Lanka tea prices up in January 2018
Feb 08, 2018 (LBO) – Sri Lanka’s tea prices at auctions in January averaged 640.05 rupees and shown a growth of 43.79 rupees from an year ago, Forbes and Walker Tea Brokers said. Prices of teas from all three elevations rose during January with the biggest gains in the high grown varieties. “Total Auction average […]
AmCham hosts Stephen Renna from U.S. Department of Commerce
(PRESS RELEASE) – Stephen Renna, Director, Advocacy Center, U.S. Department of Commerce, International Trade Administration will meet with members of the American Chamber of Commerce in Sri Lanka this Friday. The meeting will focus on initiatives being carried out by the Advocacy Center to boost business for U.S. companies as well as an open discussion […]
‘s Biz climate
Feb 08, 2018 (LBO) – A Japanese business delegation, including chief executive officers and leading officials of some of the largest companies is visiting Sri Lanka to look at future investment opportunities, the Board of Investment said. A delegation of 59 are visiting the island on invitation of the Prime Minister and participated at the Sri […]
Sri Lanka Tourist arrivals up 12.6-pct in Jan 2018
Feb 07, 2018 (LBO) – Tourist arrivals to Sri Lanka rose 12.6 percent from a year earlier to 246,972 in January 2018 with Indian visitors taking the lead, official data shows. Arrivals from India were up 40 percent from 31,173 to 43,643 in January from an year ago. However Chinese arrivals were down 22 percent to […]
” rating
Feb 07, 2018 (LBO) – Fitch Ratings has confirmed Sri Lanka’s ‘B+’ rating with a stable outlook, saying revised policy framework supports the islands macroeconomic stability. The full statement follows: Fitch Ratings has affirmed Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B+’ with a Stable Outlook. A full list of rating actions is at the […]
British Prime Minister appoints Ranil Jayawardena as Trade Envoy for Sri Lanka
Feb 07, 2018 (LBO) – British Prime Minister Theresa May has appointed Ranil Jayawardena, MP, as her trade envoy for Sri Lanka, British High Commission said.Jayawardena’s role as trade envoy will be to support and enhance the development of Britain’s trade and investment with Sri Lanka.“Given the shared history and close bonds of friendship between Britain […]
CCC Seminar to examine opportunities of Sri Lanka – Singapore FTA
Gain Insights on How to Expand Your Business Opportunities through the Sri Lanka – Singapore FTA Seminar organized by the Ceylon Chamber In light of the new Free Trade Agreement (FTA) signed last month, which is the first FTA Sri Lanka has signed in over a decade, the Ceylon Chamber of Commerce will hold a […]
Sri Lanka Malabe – Fort LRT project to commence by Dec 2018
Feb 06, 2018 (LBO) – Sri Lanka’s Ministry of Megapolis and Western Province Development says that preliminary work on the Light Rail Transport (LRT) project between Malabe and Fort will commence by end of the year once the feasibility study completed in June.“We are currently in the process of doing the feasibility study for six LRT […]
Maldives declares state of emergency, arrests top judges
Feb 06, 2018 (LBO) – President of Maldive Islands, Abdulla Yameen declared a 15-day state of emergency, Monday night and later arrested Chief Justice Abdulla Saeed and another Supreme Court judge, foreign media reports said. The moves comes following a Supreme Court ruling that overturned “terrorism” convictions against nine of the Presidents political opponents. The emergency decree gives […]