Category: Industry
Sri Lanka to supply free domestic power connections to resettled families in the North and East
Aug 03, 2015 (LBO) – Sri Lanka’s government plans to restore provision of electricity connections free of charge to 20,000 resettled families in the North, Cabinet Spokeman Rajitha Senaratne said.At present, 232,828 families (796,342 members) are resettled in the Northern and Eastern Provinces, with the end of Tamil tiger war in 2009.The government will also […]
Sri Lanka to help Nepal renovate places of worship
July 30, 2015 (LBO) – Sri Lanka plans to send a group which is comprised of respective officers and technical craftsmen to Nepal to renovate places of worship which were damaged by the earthquake, the cabinet spokesman said. The Buddhist Temple in Swayambhunath and the Rato machindranath Hindu Kovil in Lalitpur, which were damaged by […]
Sri Lanka exporters urged to be focused and add value: Harsha de Silva
July 30, 2015 (LBO) – Sri Lanka’s exporters should focus and export more value added goods and services with a target of surpassing Gross domestic product (GDP), Deputy Economic Policy Minister Harsha de Silva said.“I would like to see exports to GDP surpassing, that means more than 100 percent of GDP,” Silva said.“So that is […]
‘s cricket world cup winners
July 30, 2015 (LBO) – India’s Shreepati Edifice (Pvt) Ltd, a real estate developer will build a 96-floor tower, the tallest building in Sri Lanka, with an investment of 330 million rupees which will be a tribute to the Sri Lankan Cricket Team who won the World Cup in 1996. The Tubular structured state-of-the-art iconic […]
Happy with new faces selected for Sri Lanka’s T20 team: Malinga (VIDEO)
July 29, 2015 (LBO) – Sri Lanka’s T20 captain Lasith Malinga on Wednesday said he is quite happy with the current selections as it comprises of young players. “I’m happy with the team selection even though a lot of new players included in the team. This is the best time to try new players for […]
Microsoft launches Windows 10; free upgrade available now in Sri Lanka
July 29, 2015 (LBO) – Windows 10 will become available in 190 countries including Sri Lanka from Wednesday as a free upgrade or with new PCs and tablets, Microsoft Corporation announced. Windows 10 includes innovations such as Cortana, an Xbox app and Microsoft Edge for a familiar, yet more personal and productive, experience. The most […]
Google Loon project to cover Sri Lanka with 3G internet
July 28, 2015 (LBO) – Sri Lanka’s government and Google on Tuesday signed an agreement to cover the Island with 3G internet under ‘Google Loon project’.Sri Lanka is the first country in the world to have Internet access covering the whole country with the government support, Google Vice President and Project Leader on GoogleX Project […]
Kantale sugar gets foreign investment of USD 100MN for restructuring
July 28, 2015 (LBO) – Sri Lanka’s Board of Investment (BOI) signed 100 million US dollars agreement with M G Sugars Lanka, a subsidiary of UK based Mendel Gluck to restructure the island’s state owned Kantale Sugar Factory.“Sri Lanka’s government will own 51 percent of the factory while 49 percent will be held by the […]
Sri Lanka’s Carson says palm oil market seems promising despite crude oil price drop
July 28, 2015 (LBO) – The palm oil industry looks promising and demand should grow in future despite the price drop of crude oil and maturing trees, according to Sri Lanka’s Carson Cumberbatch group with plantations in Malaysia and Indonesia. However in spite of positive expectations, Carson’s palm oil prices experienced much volatility during the […]
Pakistan rises to eighth position in ODI rankings after series win in Sri Lanka
July 27, 2015 (LBO) – Pakistan has moved into the eighth position in the ICC ODI Team Rankings after its 3-2 series victory against Sri Lanka in the five-match series which concluded in Hambantota yesterday. Sri Lanka remains in fifth place though the country has dropped three ranking points creating an opportunity for sixth-placed England, […]
Sri Lanka’s tourism industry driven by informal arrivals, online bookings
July 27, 2015 (LBO) – Sri Lanka’s tourism industry is seeing a new trend where the informal arrivals are overtaking the formal arrivals, the tourism chief said. Rohantha Athukorala, the chairman of the Sri Lanka Tourism Promotions Bureau, giving the example of German arrivals to Sri Lanka, said 5,650 arrivals had been registered but data […]
Sri Lankan exporter secures Rs53mn order for Ceylon Sapphire
July 27, 2015 (LBO) – A Sri Lankan exporter from Matale has secured a 53 million rupee order for Sapphire gems at the recently held Milano exposition, Sri Lanka Tourism Promotion Bureau (SLTPB) said in a statement.“The buyer hails from Zhejiang Province in China and has signed the agreement for delivery within a year,” the […]