Category: Industry
LinkedIn to ban users engage in hate speech
Mar 12, 2018 (LBO) – Business and employment oriented social networking service LinkedIn has decided to refresh their community policies to make sure it stays a platform where people act professionally. As per the new professional community policies, harassment and hate speech are not welcome on LinkedIn and could result in permanent restriction of service. […]
HSBC’s flagship Premier Centre in Colombo re-opens after extensive renovation
HSBC’s flagship Premier Centre strategically located at No 31, Flower Road, Colombo 7 was re-opened after a full renovation by Betty Miao, Head of Retail Banking & Wealth Management International, Asia Pacific together with Mark Prothero, CEO HSBC Sri Lanka and Maldives, Joanna Kalenska, Head of Marketing for International Markets, Rudra Basu, Head of Regional […]
Solar Alliance will create a greener, cleaner, healthy world: President
Mar 12, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena expressed confidence that the International Solar Alliance (ISA) would showcase the power of the countries involved to bring about solutions to create a greener, cleaner and a healthy environment for people of this world.Addressing the Founding Conference of the ISA Summit in New Delhi today […]
Colombo Fashion Week Brings Together Other Creative Industries
Celebrates Expression through Collaborations Celebrating other creative industries and their expression through fashion has been one of the focus’ of HSBC Colombo Fashion Week in recent years. These collaborations have given birth to various sub events that take place during the week of CFW such as Art Connect, Fashion + Food events, Knowledge Workshops, Music […]
Sri Lanka tourist arrivals up 19.3-pct in February 2018
Mar 09, 2018 (LBO) – Sri Lanka tourist arrivals increased 19.3 percent in February against last year with the largest source market for tourists becoming China, followed by India and the United Kingdom. The total number of international tourist arrivals to Sri Lanka during February was 235,618. Almost 98 percent of tourists travelled by air to Sri Lanka. […]
Sri Lanka Tourism says tourists can resume their travel plans
Mar 08, 2018 (LBO) – Sri Lanka Tourism Development Authority in a situation update said tourists can resume their travel plans to Kandy as the curfew has been lifted by the Police.The update issued by the Sri Lanka Tourism Development Authority today afternoon (1400 hours) said the situation in Kandy is improving and the area […]
Sri Lanka blocks Facebook, Instagram to prevent spread of hate speech
Mar 07, 2018 (LBO) – Sri Lanka has temporarily blocked social media web sites like Facebook, Instagram and WhatsApp to avoid the spread of hate speech in the country.The Cabinet Spokesman Minister Rajitha Senaratne on Wednesday said the government has decided to block access to certain social media. Telecom Regulatory Commission (TRC) has started to […]
How can a business achieve continuous growth and stability?
(PRESS RELEASE) – ezBiz App is an all-in-one solution offered to help small and medium scale businesses achieve growth and stability. thinkCube, which is a SaaS vendor offers ezBiz App as a service for small and medium scale businesses and is proud to announce the fact that ezBiz is currently one of the first SaaS […]
Laugfs Gas restructures to create opportunities for investors and foster growth
Mar 07, 2018 (LBO) – Sri Lanka’s a Laugfs Gas PLC announced a strategic restructuring to consolidate dominance in energy operations and create opportunities for investors to invest in individual businesses and foster concentrated growth opportunities, a senior official said Tuesday. “Once the segregation is completed by 31st March as expected, all different entities will […]
Central Bank cancels CIFL license; legal action against responsible parties
Mar 05, 2018 (LBO) – Monetary Board of the Central Bank has decided to cancel the licence issued to CIFL under the Finance Business Act with effect from today. Director of the Department of Supervision of Non- Bank Financial Institutions of the Central Bank has also decided to cancel the Certificate of Registration as a […]
Not expecting rise in domestic interest rates: CB
Mar 05, 2018 (LBO) – Sri Lanka’s Central Bank responding to misleading news reports said it is not expecting a rise in domestic interest rates in the period ahead. “Based on its current projections, an increase in market interest rate is not expected in the near term,” the bank said issuing a statement regarding false […]
Techneed makes foray in to Sri Lankan IoT industry
Techneed (Pvt) Ltd., One of Sri Lanka’s growing high-tech IoT start-ups, today announced the deployment of its “Nurve IOT Gateway” in one of the largest Telecommunications Service Provider in Sri Lanka. Essentially the gateway enables the Service Provider to centrally monitor the environment variables in the Machine room, such as Temperature, Humidity, Movements, Water level, […]