Category:
Sri Lanka to develop railway with USD 318mn credit line from India
June 06, 2017 (LBO) – Sri Lanka’s Finance Ministry has signed an agreement with the Indian government to receive a US 318 million dollar line of credit (LOC) for the development of the railway sector in the island. The agreement comes following Indian Prime Minister Narendra Modi’s first visit to Sri Lanka in March 2015 where […]
SriLankan Airlines says flights not affected to Doha, Qatar
June 06, 2017 (LBO) – SriLankan Airlines on Tuesday stated that their flights to Qatar are not affected by diplomatic tensions in the region, though the airline is closely monitoring the situation. Media Development Manager of SriLankan Airlines, Deepal Perera, told LBO that the airline will operate all scheduled flights to Doha, Qatar. “SriLankan Airlines […]
Central Bank denies banks stopped from accepting Qatari Riyals
June 06, 2017 (LBO) – Sri Lanka’s Central Bank on Tuesday categorically denied that the Central Bank has informed banks not to accept Qatari Riyals. Releasing a press release, the Central Bank stated that various media institutions had published reports stating that the Central Bank has informed banks not to accept Qatari Riyals. There were […]
LAUGFS Launches Sri Lanka’s first fully automated vehicle care centre
LAUGFS Solutions recently unveiled the ARC Centre, an ultra-modern, state-of-the-art advanced automotive testing and repair centre, in the highly populated Dehiwala area in Aththidiya Road. The Centre was ceremonially declared open by LAUGFS Chairman Mr. W. K. H. Wegapitya and Group Managing Director Mr. Thilak De Silva. The ARC Centre is geared to provide vehicle […]
Korean Actress Lee Young-ae “Changumi” supports flood relief efforts
June 06, 2017 (LBO) – Korean Actress Lee Young-ae has made a contribution of 56,000,000 Korean Won (50,000 US Dollars) to support flood relief efforts in Sri Lanka, following the extensive devastation caused to life and property after floods and landslides. The Chairman of the Korea Foundation for Persons with Disabilities Lee Seong-gyu formally handed […]
Session 04 Q&| LBR LBO Brand Summit 2017
Session 04 Q&A | LBR LBO Brand Summit 2017
Harsha assumed duties as Deputy Min National Policies and Economic Affairs
Jun 06, 2017 (LBO) – Sri Lanka’s former deputy Minister of Foreign Affairs Harsha de Silva assumed duties as Deputy Minister of National Policies and Economic Affairs on June 05. State Minister for National Policies and Economic Affairs Niroshan Perera was also present.
Hilton to open 140-room resort in Weerawila, Sri Lanka
June 06, 2017 – Hilton signed a management agreement with KDU Adventures (Pvt) Ltd, a subsidiary of KDU Group, to manage the 140-room DoubleTree by Hilton Weerawila, scheduled to open in the first quarter of 2018. The latest signing brings the current Hilton pipeline hotels in Sri Lanka to seven properties. “With a fast-growing, global […]
Korean Government approves USD200mn for Kandy tunnel
June 06, 2017 (LBO) – The Ministry of Strategy and Finance of Korea has approved 200 million US dollars for the Kandy tunnel construction project, Korean Embassy in Sri Lanka announced. The project comprises of four tunnels with a total length of 5.5km from Suduhumpola to Tennekumbura via Bogambara and Ampitiya which will be the […]
Session 04 Q&A | LBR LBO Brand Summit 2017
Session 04 Q&A | LBR LBO Brand Summit 2017https://youtu.be/qJab7bgm8JY
Etihad Airways suspends all flights to Doha, Qatar
Press Release: From the evening of 5 June 2017, Etihad Airways will suspend all flights to and from Doha until further notice. The last flight from Abu Dhabi to Doha will depart as EY391 at 21:35 (local time) on 5 June. The last flight from Doha to Abu Dhabi will depart as EY398 at 22:50 […]
SLT first to successfully field test Pre-5G LTE Advanced Pro in South Asia
June 06, 2017 (LBO) – Sri Lanka Telecom, together with Huawei Technologies, has successfully carried out South Asia’s first comprehensive field trial of Pre-5G LTE Advanced Pro technology, laying the groundwork for the next generation of broadband technologies, the company said. “We anticipate momentous changes in our business with results that promise to be far-reaching […]