Author: lbostgadmin
Sri Lanka stocks close lower 0.03-pct
July 21, 2015 (LBO) – Sri Lanka’s stocks closed lower 0.03 percent on Tuesday with low investor activity, brokers said. The Colombo benchmark All Share Price Index closed 2.27 points lower at 7,145.59 down 0.03 percent. The S&P SL20 closed 2.38 points lower at 4,005.14 down 0.06 percent. Turnover was 334.8 million rupees, down from […]
Ravi Karunanayake’s Bus Ride
Finance Minister Ravi Karunanayake recently kick started the bus service along Town Hall – Dematagoda (167) bus route which interrupted for a long time.
Commercial Bank completes landscaping of National Hospital gardens
(News Release) – A project by the Corporate Social Responsibility Trust of Commercial Bank to landscape one and a half acres of the gardens of the National Hospital of Sri Lanka (NHSL) Colombo has been completed.Officials of the two institutions jointly inspected the completed work recently, and the NHSL presented a token of appreciation to […]
ODEL Luv SL store opens at Crescat Boulevard
(ODEL News Release) – Luv SL by ODEL opened its newest and most extraordinary store at Crescat Boulevard recently. Located at Shop No. 19 A, Lobby Level, the Luv SL store is representative of ODEL’s most innovative stores featuring Sri Lankan inspired fashion, accessories, souvenir, home-grown products and items that are retailed in a new format […]
Disruptive Innovation, A challenging wave for organizations and leaders
July 21, 2015 (LBO) – Innovation can disrupt an organization, creating a new set of challenges to the leadership which some traditional companies are not aware of even, an official said. “This might completely dislodge you from your present industry,” Deepal Sooriyarachchi, Commissioner and Chairman of Sri Lanka Inventors Commission said. “And some of the […]
Sri Lanka lacks effective grading system for tourist accomodation
July 21, 2015 (LBO) – Sri Lanka’s tourism industry needs a standardized grading system for tourist accomodation, which indicates the minimum requirements of service standards, a recent industry reportays. “The industry needs a standardized grading system that spells out the minimum requirement of service standards to ensure safety and comfort of the establishments and guests,” […]
Greece clears arrears at IMF and repays ECB
July 21, 2015 (LBO) – Greece has cleared overdue debt repayments of 2.05 billion euros to the International Monetary Fund (IMF), foreign media reports said.“The IMF confirmed that Greece is no longer in arrears,” the report said. This comes following missing two IMF payments worth 1.556 billion and 0.456 billion euros respectively in June last […]
Otara’s “Embark” spreads more love and compassion in Q1- 2015/16
July 20, 2015 (LBO) – Sri Lanka’s fashion brand supported animal welfare programme, Embark has performed 2592 street dogs vaccinations, 1458 sterilizations and 51 adoptions, in first quarter of 2015-16, a statement said.Embark and partner organisations have vaccinated 2,592 stray dogs, performed 1,458 sterilisations and given a total of 51 puppies in adoption between April […]
Sri Lanka stocks close down 0.2-pct
July 20, 2015 (LBO) – Sri Lanka’s stocks closed down 0.20 percent on Monday with investors taking profit from the market, brokers said. The Colombo benchmark All Share Price Index closed 14.10 points higher at 7,147.86 down 0.20 percent. The S&P SL20 closed 6.23 points higher at 4,007.52 down 0.16 percent. Turnover was 646.7 million […]
Sri Lanka to develop IT soft infrastructure and connect rural to digital world
July 20, 2015 (LBO) – Sri Lanka will connect all government departments though a digital platform and set 7500 Wi-Fi spots throughout the Island to educate and develop rural community, ICTA head said.“In the new era of digitized Sri Lanka, we are not anymore talking to urban audience but to rural audience, and that is […]
Gold, platinum prices drop to 5 year low with speculation over US interest rate rise
July 20, 2015 (LBO) – World gold prices have fallen to its lowest in more than five years in anticipation of a US interest rate rise this year, foreign media reported.The price has fallen four percent to as low as $1,088.05 an ounce in Asian trade, the lowest since March 2010.“Talks of US interest rate […]
YouTube sensations now on Emirates in-flight entertainment
Step out of selected Emirates flights with a new hairdo with YouTube sensations ‘Cute Girls Hairstyles’ and ‘Brooklyn & Bailey’ This summer, Emirates’ award-winning ice entertainment system debuts two famous YouTube channels ‘Cute Girls Hairstyles’ and ‘Brooklyn & Bailey’. Known for their hairstyle tutorials, fashion and beauty vlogs, the two channels have over 5 million […]