Category: Industry
Sri Lanka Tourist Hotels Association elects Cooray as president
Oct 23, 2014 (LBO) – The Tourist Hotels Association of Sri Lanka (THASL) has elected as its president Hiran Cooray, Chairman of Jetwing Hotels, a tour operator with a chain of hotels that’s also promoting eco-tourism in a big way. Now we are playing and batting on a smooth wicket and it is wonderful to […]
Money Transfer
Oct 23, 2014 (LBO) – Sri Lanka DFCC Vardhana Bank (DVB), a commercial bank launched Lanka Money Transfer (LMT) service, a remittance service which allows customers, both the sender and receiver to transfer money with ease, using the banks that they trust. The newly introduced service will allow customers to transfer money with ease and […]
New Phone
Oct 22, 2014 (LBO) – Micromax, a mobile handset company in India introduced a wide range of android smartphones to the local market targeting at lower spenders.œThe new smartphone range recently introduced to the local market is a valuable offering from Micromax in the budget Android segment, said Amit Mathur, Vice President,International Business of Micromax. […]
New iPad
Oct 19, 2014 (LBO) – Apple introduced iPad Air 2 recently, which the company says the thinnest and most powerful iPad®. Media Statement by Apple CUPERTINO, California- Apple® introduced iPad Airâ„¢ 2, the thinnest and most powerful iPad® ever. Now just 6.1 mm thin and weighing less than a pound, iPad Air 2 features an […]
Policy Rate
Oct 17, 2014 (LBO) – Sri Lanka’s central bank held policy interest rates at 6.5 and 8.0 percent but said there is further room for banks to reduce lending rates, as inflation continued to be slow the Central Bank in its October monetary policy review. In nominal terms, most market interest rates are at historic […]
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 […]