Hayleys Advantis to expand Maldives operations with two landing craft

Press Release: Hayleys Advantis has further solidified its position in the Maldives with the addition of two new landing craft that will further expand the range of services offered by their subsidiary, Total Transport Solutions Maldives (Pvt) Limited (TTS). These landing craft will allow TTS to actively participate in discharging cargo midstream and make deliveries […]

“Midnight Badaginnata” Night Kade by Waters Edge

“Night Kade” by Waters Edge is the latest addition to the waterfront hotel’s truly international food offering. This one is purely for the satisfaction of those who crave Sri Lankan street food at the wee hours of the morning. Open from 12midnight to 5am Friday and Saturday and till 4am on all other days, the […]

Neville Fernando hospital handed over to government

July 17, 2017 (LBO) – Dr Neville Fernando on Monday signed an agreement to hand over the Neville Fernando hospital to the government. As per the agreement, the Dr Neville Fernando Sri Lanka – Russia Friendship Hospital in Malabe will be administered independently by a board of directors from August. The decision was taken following […]

LAUGFS to set up cylinder manufacturing plant in Bangladesh

July 17, 2017 (LBO) – LAUGFS Gas Bangladesh, part of the diversified Sri Lankan multinational LAUGFS Holdings, said it is planning to set up a cylinder manufacturing plant in Bangladesh. LAUGFS Gas Bangladesh currently operates a world-class LPG import, bottling and distribution facility in Mongla Port, the company said. It serves domestic and industrial segments […]

Sri Lanka prepares for 7th session of FTA talks with China

July 17, 2017 (LBO) – Sri Lanka is preparing for a seventh session of talks with China on a Free Trade Agreement, the Ministry of Industry and Commerce said. Minister Rishad Bathiudeen, speaking at the product exhibition by China’s Guangxi Zuang Autonomous Region at SLECC in Colombo, said FTA talks with China were progressing smoothly. […]

Bangladesh’s first ever FTA will be with Sri Lanka later this year

By P.K. Balachandran Bangladesh’s first-ever FTA will be with Sri Lanka and that is expected to signed by year end, Bangladesh’s Foreign Secretary Mohmmad Shahidul Haque told the media in Dhaka on Friday. “Prime Minister Sheikh Hasina and President Maithripala Sirisena decided to sign the deal in 2017 and asked that negotiations and studies be […]

Torture in Sri Lanka among “worst in the world,” says UN Special Rapporteur

By P.K. Balachandran Torture of persons in custody under the Prevention of Terrorism Act (PTA) in Sri Lanka is on an “industrial scale” and is “among the worst in the world”, the UN Special Rapporteur on torture and counter-terrorism, Ben Emmerson said here on Friday. Briefing the media here after a four-day tour of Sri […]

Sri Lanka secures immediate rice stock from Pakistan, Myanmar

The four man Lankan team of officials that flew to Pakistan and Myanmar to select rice tranche, has returned to Colombo today July 14 morning-and reports tale of a government to government level success. No less than 55000 MT rice has been made available to Sri Lanka immediately by both Pakistan and Myanmar. Minister of […]

Achieving UNHRC resolution goals ground to a virtual halt: Special Rapporteur

Human rights and counter-terrorism: UN Special Rapporteur Ben Emmerson on the promotion and protection of human rights and fundamental freedoms while countering terrorism concludes visit to Sri Lanka Preliminary findings of the visit to Sri Lanka The United Nations Special Rapporteur on the promotion and protection of human rights and fundamental freedoms while countering terrorism, […]

ACCA Global President visits CA Sri Lanka

Global President of the Association of Chartered Certified Accountants (ACCA) Mr. Brian McEnery paid a courtesy call at the Institute of Chartered Accountants of Sri Lanka recently, where matters in relation to the development of the accounting profession was discussed at length. He was received by CA Sri Lanka’s Council Members Mr. Sanjaya Bandara, Mr. […]

SriLankan adds direct-dial support for Chinese travelers

July 14, 2017 (LBO) – SriLankan Airlines has launched a local direct-dial number for the airline’s Chinese customers which will connect them directly with Mandarin-speaking customer service staff at its Global Contact Centre. The airline said customers within China can dial 0400 120 1979 and Mandarin-speaking agents will be available from 3.30 p.m. to 10.30p.m. […]

‘s

July 14, 2017 (LBO) – Evidence of effective implementation of reforms that leads to significant and lasting improvements in tax collection, and more stable external financing conditions, would support a return of Sri Lanka’s rating outlook to stable, Moody’s said. Moody’s Investors Service said signs that planned fiscal consolidation measures are less effective than Moody’s […]

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