Author: lbostgadmin
Polls show tight Clinton, Trump race in US elections
Nov 04, 2016 (LBO) – With Americans set to vote on 8 November to choose their next president, the polls have narrowed to place Hillary Clinton and Republican rival Donald Trump on par, a poll of polls shows. The BBC poll of polls shows both with a 45 percent rating. The poll looks at the […]
SLT Akaza Cloud powers Aberdeen Holdings with Oracle ERP Solution
Press Release: Sri Lanka Telecom (SLT), the premier ICT solutions provider was proud to announce that its National Cloud Platform, “AKAZA” has powered Aberdeen Holdings Group of Companies with Cloud based Oracle ERP solution to streamline its enterprise business processes across the group’s business activities. The SLT Akaza Cloud based Oracle ERP solution facilitates the […]
Sri Lanka October tea prices reach record levels
Nov 04, 2016 (LBO) – Sri Lankan tea prices at the Colombo auctions were at an new monthly high in October 2016 as volumes fell but demand picked up. “Auction averages reached record levels in the backdrop of a sharp decline in availability,” Forbes & Walker Tea brokers said in their October report. “Auction average […]
President assures CB bond issue investigation free from political interference
Nov 04, 2016 (LBO) – Sri Lanka’s president assured that the investigation into Central Bank bond issue will be free from political interference and that there will an independent, impartial judicial process. The investigation into the Central Bank bond issue should be free from political interference, President Maithripala Sirisena said, adding that the investigation regarding […]
UBER launches new rider app
(PRESS RELEASE) – Colombo, November 2, 2016: Uber, the ridesharing app, today announced the launch of its new rider app, rebuilt completely from the ground up for the first time, since the last redesign in 2012. Re-engineered keeping in mind the changing needs of riders around the world, the new rider app aims to recapture […]
Asian shares slip, dollar nurses losses as US election looms
TOKYO, Nov 4 (Reuters) – Asian shares slipped on Friday and the dollar nursed losses in a week marked by growing uncertainty about the outcome of the U.S. presidential election. Investors have been unnerved in recent days by signs that the U.S. presidential race between Democrat Hillary Clinton and Republican Donald Trump was tightening just […]
Japan confers prestigious decoration on Speaker Karu Jayasuriya
On 3rd November 2016, the Government of Japan announced the conferment of “The Grand Cordon of the Order of the Rising Sun” upon Hon. Karu Jayasuriya, Speaker of the Parliament of Sri Lanka, as recognition for his significant contribution in promoting bilateral relations between Japan and Sri Lanka. A congratulatory message was sent by Mr. […]
Sri Lanka’s veteran musician Pandit Amaradewa no more
Veteran singer and musician Pandith W. D. Amaradewa, who was admitted to the Sri Jayawardanapura Hospital this morning following a heart attack has passed away at the age of 88. He was being treated at the Intensive Care Unit of the Sri Jayawardenapura Hospital. Wannakuwatta Waduge Don Albert Perera better known by his adopted name […]
Sri Lankan rupee falls on importer dollar demand; stocks firm
Nov 03, 2016 (Reuters) – The Sri Lankan rupee traded lower on Thursday on dollar demand from importers and as foreign investors sold government securities, dealers said, with the market shrugging off comments by the central bank chief on the stability of the currency. Central Bank of Sri Lanka Governor Indrajit Coomaraswamy said late on […]
Sri Lanka awards USD58mn railway tender to only bidder
Nov 03, 2016 (LBO) – Sri Lanka’s cabinet nod has been given to award a tender to the only bidder who submitted a bid to supply six Diesel Multiple Units for the island’s railway system under an Indian credit line. A diesel multiple unit is a multiple-unit train powered by on-board diesel engines and it […]