Category: Industry
SriLankan Airlines launches new website with new features
SriLankan Airlines unveiled its newly revamped website www.srilankan.com with vastly improved features that are aimed at providing an enhanced customer service experience from the very first moment a person visits the site. SriLankan Airlines’ Chairman, Ajith Dias said, “Our new website with its advanced features is one of several initiatives which we have launched in […]
Prime Minister and delegation in China to enhance bilateral relations
April 07, 2016 (LBO) – Sri Lankan Prime Minister Ranil Wickremesinghe left for an official visit to China on Wednesday, the Foreign Ministry said. This is Wickremesinghe’s first visit as the prime minister to China since the government of President Maithripala Sirisena was formed in January last year. On the April 6-9 visit, he will […]
Shareholders approve Eden Hotel Lanka rights issue
Apr 06, 2016 (LBO) – Shareholders of Eden Hotel Lanka today approved a resolution on a rights issue of the company which aimed at repaying part of its outstanding debts. The leisure sector player Eden Hotel Lanka said the company is to issue 52.8 million new ordinary shares at 20 rupees each in the ratio of […]
Location, access to markets key for investors in Sri Lanka: CCC Survey
Apr 06, 2016 (LBO) – Sri Lanka is a unique business destination for foreign investors because of its strategic location and access to both east and west sea routes, a recent survey conducted by the Ceylon Chamber of Commerce found. The survey, conducted among the prospective investors who attended the Ceylon Chamber’s ‘Sri Lanka Investment and Business Conclave 2016’ held […]
WhatsApp activates encryption, support for old mobiles to end
Apr 06, 2016 (LBO) – Cross-platform messaging client WhatsApp who turned seven years old this week has enabled end-to-end encryption for users of its latest app. End-to-end encrypted messages can only be read by the intended recipients and from now on the encryption is automatically on by default. The idea is simple: when you send […]
Sri Lanka govt approves compensation for Rathupaswala victims
Apr 06, 2016 (LBO) – President Maithripala Sirisena has given his approval to provide 4.68 million rupees as compensation for 33 victims of Rathupaswala incident, a statement said. The President will present the compensation money to 24 persons, who are fully disabled or partially disabled or who are admitted to hospitals for treatment in the […]
Sri Lanka launch Green Energy Champion Campaign
The German Ministry of Foreign Affairs together with The Ministry of Power and Renewable Energy of Sri Lanka, and the project implementing partner Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and supporting partners Sri Lanka Sustainable Energy Authority and The Sri Lanka Energy Managers Association (SLEMA) launched The Green Energy Champion Sri Lanka initiative, a […]
MTD Walkers says no partnership with Kolkata flyover builder
Apr 05, 2016 (LBO) – MTD Walkers PLC says says it is neither a JV partner nor the local partner of IVRCL of India, to clear up confusion in a recent media report, after Indian authorities began a probe into the flyover builder IVRCL. IVRCL Infrastructure Company in India is being investigated after a flyover […]
Sri Lankan biz delegation to visit Pakistan
Apr 05, 2016 (LBO) – A nine member Sri Lankan business delegation will visit Pakistan from 06th to 09th of this month to explore trade and investment opportunities, the Ceylon Chamber of Commerce said in a statement. The delegation, led by the Sri Lanka – Pakistan Business Council of the Ceylon Chamber of Commerce, will also […]
Sri Lanka tourist arrivals up 23-pct in March
Apr 05, 2016 (LBO) – Sri Lanka’s tourist arrivals rose 22.8 percent to 192,841 in March from a year earlier driven by arrivals from India and China, the data from tourist promotion office showed. In the first quarter of 2016, arrivals were up 22.1 percent to 584,818. Arrivals from South Asia were up 28.6 percent to 44,175 in […]
Colombo’s CICT port extends services for new shipping lines
Apr 04, 2016 (LBO) – Sri Lanka’s International Container Terminals (CICT) has expanded its services for new shipping lines, the Ports Authority said. As the first step, the terminal has allowed Taiwan-based Interasia lines to start cargo operations in the port of Colombo. The Ports Authority said ‘Interasia lines’ expects to use Colombo Port as […]
Indonesia grants visa-free facility to Sri Lanka, other countries
Apr 04, 2016 (LBO) – Indonesia has granted visa-free facility to 169 countries including Sri Lanka under a new visa regulation. Indonesian President Joko Widodo has signed Presidential Regulation concerning Visit Visa Exemption early last month adding 79 countries to the list. Indonesian immigration office said passport holders of these countries are exempt for having […]