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Japanese ambassadors in five SAARC countries meet Foreign Minister Ravi
June 28, 2017 (LBO) – Japanese ambassadors in five SAARC countries India, Nepal, Maldives, Pakistan and Bangladesh met Foreign Minister Ravi Karunanayake Tuesday at the Ministry. “The ambassadors hailed the ongoing development activities in Sri Lanka and pointed out the growth in the country is a matter of pride for other nations in the region,” […]
CA Sri Lanka confers CPFA qualification to senior public servants
Over 130 senior public servants were recently conferred with the Chartered Public Finance Accountancy (CPFA) qualification at the inaugural CPFA Convocation organised by the CA Sri Lanka Public Sector Wing, the Association of Public Finance Accountants of Sri Lanka (APFASL), in an effort to strengthen the country’s public financial management. The qualification was granted to […]
PTL Watch: Bond yields edge higher, more OMO
[pdf-embedder url=”http://www.lankabusinessonline.com/wp-content/uploads/2017/06/PTL-Daily-Market-Report-27th-June-2017-1.pdf” title=”PTL Daily Market Report 27th June 2017 (1)”]
Hirdaramani Garments & Isebella Socks starts production line in Ethiopia
The grand production inauguration ceremony of the Hawassa Industrial Park in Ethiopia that has attracted 18 leading global apparel and textile companies was held on 20th June 2017 at the Industrial Park with the participation of the Ethiopian Prime Minister Hailemariam Desalegn, senior Ministers of the government, Ambassadors, senior government officials and the company owners […]
Malinga to face inquiry for breach of contract terms, emergency ExCo called
Sri Lanka Cricket today announced that it had called an Emergency meeting of its Executive Committee at 7 pm at SLC Headquarters in order to table & regularize the following agenda items. * Resignation of Mr. Graham Ford * Interim appointment of National Team Head Coach * Disciplinary inquiry against Mr. Lasith Malinga * Under […]
Opinion: Despite Trump-Modi bonhomie, Indo-US economic relations in doldrums
By P.K.Balachandran Despite words signifying undying friendship and bear hugs, which marked President Donald Trump’s interaction with Indian Prime Minister Narendra Modi in Washington on Monday, economic relations between the United States and India seem destined to remain in the doldrums indefinitely. While there was a strong understanding on cooperation to tackle terrorism and on […]
Laugfs enters residential apartment development
June 27, 2017 (LBO) – Sri Lanka’s Laugfs Property Developers, a subsidiary of Laugfs Gas PLC, has formed a fully owned subsidiary to undertake residential apartment complex projects. The new entity, Laugfs on Reid (Private) Limited, incorporated under the Companies Act last week, is located at their head office premises. Laugfs Property Developers (Private) Limited […]
GMOA says “NO”‘s statement on SAITM
June 27, 2017 (LBO) – Sri Lanka’s Government Medical Officers Association (GMOA) said Monday that they were not accepting President Maithripala Sirisena’s statement on SAITM and will continue their strike action. After discussions with the GMOA the president’s office issued a statement that the South Asian Institute of Technology and Medicine (SAITM) was instructed to […]
Sri Lanka Economic Summit to discuss need for Smarter Trade Strategy
June 27, 2017 (LBO) – ‘Sri Lanka Economic Summit 2017’ will dig deeper into the island’s trade reform agenda anchored towards new preferential trade pacts, tariff liberalization and export promotion, with the participation of experts representing both local and international trade bodies. A thematic session titled ‘Executing a Smarter Trade Strategy Amidst Turbulence’ will have a […]
Facebook, Microsoft, Twitter, YouTube in forum to counter terrorism
June 27, 2017 (LBO) – Facebook, Microsoft, Twitter and YouTube announced Monday the formation of a ‘Global Internet Forum to Counter Terrorism.’ The companies in a joint statement said the forum “will help us continue to make our hosted consumer services hostile to terrorists and violent extremists.” The forum builds on the EU Internet Forum […]
LAUGFS International launches Fujitsu dry cell batteries in Sri Lanka
LAUGFS International (Pvt) Limited, the authorized agent for Yamaha and Airman power products and Denso automotive parts, has now further expanded its portfolio as the authorized sole distributor for Fujitsu dry cell batteries in Sri Lanka. LAUGFS entered into an agreement with Fujitsu, a world renowned brand for IT innovations, providing Sri Lankan customers with […]
JAT sponsors second Building Specifiers’ Conference 2017
JAT Holdings, Sri Lanka’s award-winning conglomerate was a title sponsor of the highly successful Building Specifiers’ Conference 2nd Edition, which was held recently in Colombo on the 13th June 2017. This second successive endeavor was held within a short span of five months after the pioneering Builder Specifiers’ Conference in January this year, saw a […]