Category: Industry
Sri Lanka BoI sign USD1.6Mn Yala hotel deal with Spanish firm
Jun 14, 2019 (LBO) – The Board of Investment of Sri Lanka signed an Agreement with Putus Brother’s Sustainable Developments (Private) Limited to build, construct and operate a 15 cabana hotel project in Palatupana, Yala. The total value of the project is US 1.6 million dollars. The project will consist of 43 luxury cabanas in […]
eChannelling introduces Artificial Intelligence based Chabot
Jun 13, 2019 (LBO) – eChannelling, the largest Doctor Channeling Network in Sri Lanka, has launched a Chatbot for the first time in Sri Lanka’s healthcare industry. To provide this convenient method to its customers, eChannelling has joined hands with Autochatic, creators of the world’s only no-coding, context-aware multilingual Chatbot building platform. Autochatic is headquartered […]
CA Sri Lanka members can now obtain AICPA international associate membership
Jun 12, 2019 (LBO) – The Institute of Chartered Accountants of Sri Lanka continued to make inroads across the global accounting arena, as it signed yet another Memorandum of Understanding (MoU) with the Association of International Certified Professional Accountants (AICPA), which aims to strengthen the standing of CA Sri Lanka members internationally. The MoU signed […]
Thai Tourism Chief to sign MoU promoting bilateral tourism during Sri Lanka visit
Jun 12, 2019 (LBO) – Governor of the Tourism Authority of Thailand accompanied by a group of outbound travel agents and journalists is to visit Sri Lanka shortly. The Tourism Ministry said the visit is to express solidarity with Sri Lanka and help revive the country’s tourism industry. Thailand’s Tourism Chief, Yuthasak Supasorn and delegation […]
Sri Lanka launches National Digital Roadmap
Jun 12, 2019 (LBO) – Sri Lanka Telecom yesterday marked a special milestone in the country’s digital journey towards SMART Sri Lanka with the launch of the National Digital Roadmap at the Nelum Pokuna Theatre, under the patronage of President Maithripala Sirisena. Also in attendance at the event was Telecommunication, Foreign Employment and Sports Minister […]
Ceylon Chamber organizes awareness session on exporting to US under GSP
The Ceylon Chamber will be organizing an awareness session on “Exporting to the United States under the Generalized System of Preferences: New Trends and Opportunities”. The U.S. is Sri Lanka’s largest single export destination, accounting for 26% of total exports in 2018. At present approximately 3500 products from Sri Lanka are eligible to access the […]
Japanese investor reiterates confidence in Sri Lanka
Jun 12, 2019 (LBO) – President of Tosslec Co. Ltd, Kyoto, Japan Jitsuo Mikasa, a Japanese investor has reaffirmed that his company would continue to invest in Sri Lanka without any break or disruption. Tosslec Co. Ltd’s subsidiary Tos Lanka Co.(Pvt) Ltd has been in operation in the Biyagama Export Processing Zone since 1995 and […]
Employee group opposes alleged privatisation of profitable Litro Gas
Jun 12, 2019 (LBO) – The Litro Surakime Jathika Ekamuthuwa (LSJE) or Litro Surakeeme National Unity, a newly formed employee union, has intensified its agitation against the Finance Minister and other connected parties’ move to privatise Litro Gas Lanka Ltd. by filing a case in the Court of Appeal. The case was filed following a […]
Disregarded Failures of African Exploration
The exploration of Africa by the British is a level that has been told clip and again, ofttimes in irksome point. We suffer shelves wide-cut of biographies of noted explorers ilk David Livingstone and H Morton Stanley, on with myriad over-the-counter books on the matter. These tales of escapade constantly end in the hero’s victorious […]
Sri Lanka petrol price raised to Rs138 per ltr
Jun 11, 2019 (LBO) – Sri Lanka’s government will increased the price of 92 Octane petrol by three rupees to 138 rupees for a litre from midnight yesterday. The price revision was done under a pricing formula introduced by the Finance Ministry in 2018. Prices of three other fuels remained unchanged, according to a statement. […]
Ookla recognizes Mobitel as first Mobile 5G Network in South Asia with 1.55Gbps speed
Mobitel (Pvt) Ltd, the National Mobile Service Provider in Sri Lanka successfully reached the highest mobile 5G speeds for the first time in South Asia exceeding speeds of 1.55Gbps using a commercial 5G mobile smartphone on 7th June 2019. Following the demonstration of 5G Speed tests using a commercial 5G smartphone for the first time […]
‘s democracy
June 7, 2019 (LBO) – The truth is coming out. Dominating the news cycle in the last few days have been updates from hearings by the Parliamentary Select Committee (PSC) that is investigating Sri Lanka’s Easter Sunday terror attacks. So far four high profile figures have given riveting testimony under oath, and with access (however […]