Author: lbostgadmin
luxury passenger vessel Europa calls Port of Hambantota
The 400 passenger capacity luxury passenger vessel M/S/Europa called at the Port of Hambantota today 15th December 2015. The vessel is expected to leave the port to Ko Phi Phi Islands in Thailand this evening.The current voyages of the vessel include a 154 days world cruise from Dubai to Hamburg and a 19 day Asia […]
‘t cause environmental disruption, says EIA
Dec 15, 2015 (LBO) – The proposed Colombo Port City has a minimal environmental impact on the reclamation site and the coastal zone around the area, a supplementary environmental impact assessment, now available for public consultation, states. Because of the impact of sand dredging north of the port city site, an income support program will […]
Nawaloka Hospitals opens modern Skin Care and Cosmetic Center
Nawaloka Hospitals has opened a state of the art Skin Care and Cosmetic Center which is equipped with the Gold Standard Acu Pulse, a safe, simple CO2 laser, manufactured in USA, which is the Industry standard that delivers outstanding results. Elaborating on the features of the Acu Pulse, Dr.Ashwini Rajan, Head of Skincare and Cosmetic […]
PTL Watch: Bond yields climb after auction
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US, Sri Lanka Partnership Dialogue to meet Feb 2016 in Washington
Dec 15, 2015 (LBO) – The first meeting of the United States, Sri Lanka Partnership Dialogue will take place in February 2016 in Washington, US Under Secretary of State for Political Affairs Thomas Shannon revealed. “This annual meeting will provide an opportunity to discuss all aspects of the relationship and ways in which the United […]
USD 1.6 bn worth FDI expected from 66 projects, 45 expansions: BOI
Dec 15, 2015 (LBO) – Sri Lanka’s Board of Investment says they are expecting 1.6 billion US dollars worth foreign direct investments through 66 new projects and 45 expansions of existing projects. “As a result of the introduction of new procedures aimed at improving facilitation, the BOI succeeded in attracting a number of important projects […]
Sharp China slowdown would hit global growth hard: Fitch
Dec 15, 2015 (LBO) – A sharp slowdown in China’s GDP growth rate to 2.3% during 2016-2018 would disrupt global trade and hinder growth, with significant knock-on effects for emerging markets and global corporates, according to a hypothetical study by Fitch Ratings. In turn, this would keep short-term interest rates and commodity prices lower for […]
Fed liftoff largely priced in by emerging markets: ABN AMRO
Dec 15, 2015 (LBO) – A first rate hike by the U.S. Fed in nearly a decade expected this week is largely priced-in and emerging markets may have already seen most of the adjustment to Fed hikes, ABN AMRO said in a research report. "Fed message is likely to be relatively soothing, as we expect […]
‘s peace building and reconciliation efforts
Dec 15, 2015 (LBO) – The Pope commended the initiatives taken by the President towards peace building and reconciliation in the country, a statement said. “The best way to combat terrorism activities and conflicts in the world is to halt the production of military equipment,” a statement from the Presidents media office quoted the Pope […]
Prime Minister announces several budget changes
Dec 14, 2015 (LBO) – Prime Minister Ranil Wickremasinghe told Parliament Monday that the government is ready to add 2,000 rupees monthly allowance to the basic salary of public servants from next year. Wickremasinghe said the government expects to complete adding 10,000 rupees allowance to the basic salary in three stages.“This morning several unions requested […]
Prime Minister meets foreign mayors
Prime Minister Ranil Wickremesinghe met foreign mayors today at Temple Trees. They are here to attend a ceremony to mark 150 years to the Colombo Municipal Council.
CDB crowned Best Corporate Citizen 2015
Placed among the country’s largest conglomerates and business stewards, Citizen’s Development Business Finance proudly donned the crown of being among the Top Ten Corporate Citizens of Sri Lanka for 2015, in addition to being adjudged Best Corporate Citizen 2015 in the Less than Rs 15 Bn Category. For a company that is just twenty years […]