Category: Industry
Think Digital
Oct 14, 2014 (LBO) – Sri Lankan companies need to adopt and engage more with the customers digitally to drive value creation and to face competitive market, a digital expert said. œAny company is in the market is for nothing but to create, deliver and capture value, Peter D’ Almeida, Managing Director and Chief Executive […]
Enterprise Summit
Oct 14, 2014 (LBO)-A high level conference on œWhy should social, mobile, analytics and cloud be in your transformation agenda kicked off in Colombo Wednesday featuring high level speakers and panelists from Sri Lanka and abroad.The speakers represent a wide range of product categories, industries and some of the best known and highly successful brands […]
Sri Lanka Eastern province is to be promote as global natural and cultural destination
Oct 10, 2014 (LBO) – Sri Lanka’s Eastern province, is to be promoted as a world-class natural and cultural destination by National Geographic Maps, to improve the contribution of tourism to local economic growth by promoting geo tourism. Geo tourism is a form of tourism that sustains or enhances the geographical character of a destination’s […]
New Cable
Oct 10, 2014 (LBO) –Sri Lanka Telecom said it would invest 40 million US dollars to build new submarine cable system which connect Singapore to Europe via Sri Lanka. Silva said as SLT’s major traffic routes are connected to key destinations in Europe, Asia Pacific and Indian regions, the upcoming SEA-ME-WE 5, would boost country’s […]
Strongest Bank
Oct 07,2014 (LBO)- The Commercial Bank of Ceylon being adjudged ˜The Strongest Bank in Sri Lanka in 2014’ by The Asian Banker, a leading provider of strategic intelligence on the financial services industry, the bank said in a media release. The key performance indicators assessed by the panel of international experts are the components of […]
Sri Lanka tourist arrivals up 16.8 -pct in September
Oct 06, 2014 (LBO) – Sri Lanka’s tourist arrivals rose 16.8 percent to 105,535 in September 2014 from a year earlier, driven by India and China, data from the state tourism promotion office showed. Western European visitors are strong in the northern hemisphere winter season and when Sri Lanka’s Western coast is sunny and calm […]
Sri Lanka invited to invest and set up businesses in Malaysia
Oct 02, 2014 (LBO) – Sri Lanka has been invited to invest and set up firms in Malaysia by the Malaysian Investment Development Authority, the investment promotion agency of Malaysia, Ceylon Chamber of Commerce said in a media release. This invitation was made by the official of Malaysian Investment Development Authority (MIDA), when they met […]
Expressing Gratitude and Expecting Gratitude: To What Extent such is Deserving?
Oct 01, 2014 (LBO) – Recognising a help and expressing gratitude for it is a worthy human gesture. This applies to groups, societies, or even countries. Non recognition of a helping hand given is considered unkind and disgraceful. Worse is when parties unrelated are praised when the true helper is elsewhere unrecognised. In Sinhalese tradition, […]
Consolidation
Oct 01, 2014 (LBO) – Sri Lanka’s regulator driven consolidation is on track with eight banks and non-bank lenders given approval for mergers and recapitalization during September 2014, the Central Bank said. Another eight banks and non-bank lenders have completed internal processes to allow them to submit the plans, the regulator said. A total of […]
’s Mihin to expand routes, frequencies
Sep 30, 2014 (LBO) – Sri Lanka’s state-run budget carrier Mihin Lanka plans to add destinations and increase frequencies on existing route as it plans to meet the growing demand for flights due to an increase in tourism and trade.TThe state-owned airline plans to start flights to Lahore in Pakistan where the airline says has […]
’s LOLC Leisure re-branded as Browns Hotels and Resorts
Sep 30, 2014 (LBO) – Sri Lanka’s Lanka Orix Leasing Company Leisure, a hotel company rebranded as Brown Hotels and Resorts, Brown Investment PLC said in a media release. LOLC will continue to be the holding company for the Browns group, the company said in the media release. LOLC Leisure is the controlling shareholder of […]
More paths
Sep 29, 2014 (LBO) – Sri Lanka’s UB finance to open more avenues to improve the small and medium sector and the lifestyle of the people, the company said in a media release. UB finance, a financial service solution provider is a subsidiary of Union Bank of Sri Lanka. In the coming year, UB Finance […]