Author: lbostgadmin
Megapolis plan aims for flexible working hours
Feb 05, 2016 (LBO) – Sri Lanka’s recently unveiled Megapolis plan of development envisages flexible working hours as one aspect of transport demand management to address Colombo traffic congestion. “Flexible working hours can be introduced in public and private institutions to spread peak load of traffic flow,” the Megapolis masterplan states. “Employees can adjust their […]
Proud of progress made towards sovereignty, territorial integrity: President
Feb 04, 2016 (LBO) – As we commemorate independence, we are proud of the progress made towards safeguarding the freedom, sovereignty, territorial integrity of the Nation, stated President Maithripala Sirisena in his Independence Day message. Following is the full text of the message : On this day, as we celebrate the 68th anniversary of our […]
Interview: Sri Lanka needs to be brave and open up, says Harsha
Feb 03, 2016 (LBO) – Sri Lanka’s Deputy Minister of Foreign Affairs said that closing boarders in fear will not help small countries like Sri Lanka to move forward. “Look at Vietnam they are opening up and signing the Trans Pacific Partnership – they brought in close to 15 billion dollars in foreign direct investments […]
‘t deviate from reasserting national independence: MR
Feb 03, 2016 (LBO) – Former President Mahinda Rajapaksa releasing a statement for National Independence Day says he will not deviate from reasserting national independence even if his entire family including him gets imprisoned. “It is not surprising that such agents of foreign powers would see some symbolic value in jailing members of a government […]
U.S. Trade Representative Delaney meets Sri Lanka govt officials
Feb 03, 2016 (LBO) – Assistant U.S. Trade Representative for South Asia Michael J. Delaney met with Sri Lanka government, trade, and business officials this week ahead of the upcoming Trade and Investment Framework Agreement (TIFA) talks in Washington. Delaney met with Minister of Development Strategy & International Trade Malik Samarawickrema and representatives from the […]
PTL Watch: Foreign selling, local demand for 2021 bond
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Textured Jersey Lanka net up 79-pct in Dec quarter
Feb 03, 2016 (LBO) – Profits at Textured Jersey Lanka, a fabric maker, rose to 672 million rupees in the December 2015 quarter up 79 percent from a year earlier, the firm said. Textured Jersey reported earnings of 1.02 rupees per share for the quarter in accounts filed with the Colombo Stock Exchange. In the […]
Minister Hakeem to visit Turkey seeking Sri Lanka tea expansion
Feb 03, 2016 (LBO) – Sri Lanka Muslim Congress Leader and City Planning Minister Rauff Hakeem will undertake a week-long official visit to Turkey as part of the Prime Minister’s initiative to expand the market for Sri Lankan tea. Minister Hakeem is on a mission to explore the possibility of increasing the volume of tea […]
Sri Lanka shows increased interest in green buildings: Lamudi
New research reveals 79 percent of real estate agents surveyed in Sri Lanka believe interest in green buildings increased between 2014 and 2015. This is according to the recently-released Lamudi Real Estate Market Report, which shares insight into sustainability in Sri Lanka. One survey conducted by Lamudi Sri Lanka showed over 64 percent of respondents […]