Category: Other
Finance Minister makes final touches to Budget 2019
The Minister of Finance Mangala Samaraweera is in deep conversation with the Treasury Secretary Dr. R.H.S. Samaratunga to make the final touches to the Budget 2019 at the Minister’s “Rainbow End” private residence at Gorakana, Panadura. Minister Mangala Samaraweera will commence the Budget Speech at 1.30 pm on Tuesday in the Parliament.
Sri Lanka’s 2019 budget allocates Rs.2.5bn for 1990 ambulance service
Mar 01, 2019 (LBO) – Sri Lanka’s government has decided to allocate over 2,500 million rupees from the next budget for the 1990 ambulance service, launching the service in Kandy, its founder Minister Harsha de Silva said. The service is currently in operation in eight provinces and it is expected to launch the service in […]
LearnWare inspiring and empowering children through computer coding and robotics studies
(PRESS RELEASE) LearnWare, the professional kids’ Academy, is pleased to announce its much sought inauguration in January this year in the heart of Colombo city (No.204, 1/1, Galle Road, Colombo 04) for the benefits of the next generation young minds and in the interest of the parents, teachers and professional academics. LearnWare is a team […]
LOLC Group crosses Rupees Trillion mark with total assets reaching Rs1Tn
Sustaining its unblemished track record in performance, the LOLC Group crossed the Rupees Trillion mark, with total assets reaching Rs 1.008Tn, as at December 2018. This significant achievement is on account of the Group’s consistently resilient financial sector – both local and international, coupled with its strategic investments in non-financials sectors – Leisure, Plantations, Construction, […]
Ceylon Chamber of Commerce calls export SMEs to apply for on-the-job coaching
Feb 26, 2019 (LBO) – Ceylon Chamber of Commerce (CCC) requests export SMEs that has a high potential for growth to apply for an on-the-job coaching programme to improve their export competitiveness. Export SMEs facing various difficulties and challenges pertaining to the successful handling of their exports are eligible to receive this coaching assistance free […]
‘s HNB Group profit after tax up 14-pct to Rs.19Bn for 2018
HNB Group recorded a Profit Before Tax of Rs 26.5 Bn and a Profit After Tax of Rs 19.1 Bn, posting a YoY growth of 14.6% and 14.4% respectively for the year ended 2018 in a clear demonstration of the resilience of the Group’s robust business model despite an array of challenges faced by the […]
Green Book wins Oscars for best picture, Rami Malek & Olivia Colman tops in acting
Feb 25, 2019 (LBO) – Green Book, a film about a black musician and his white chauffeur driving in the segregated South, won the best picture at the 91st Academy Awards on Sunday.Green Book wins Oscars for best picture, best original screenplay, and best supporting actor while other nominees for best picture included Black Panther, […]
Jaffna’s Emerging Women Entrepreneurs
By Jekhan Aruliah Jaruza Jayachandran states with no embarrassment that she didn’t do well at school. When she used to go for parent-teacher meetings at one of Jaffna’s leading schools, Vembadi Girls High School, Jaruza’s mother would ask to be warned which teachers would be complaining. Now that young girl who says she failed to […]
Slower but more stable growth path appropriate strategy for North: report
Feb 22, 2019 (LBO) – An economic growth path that is slower but more stable which invests in communities to strengthen the social foundations for development has been proposed as an appropriate strategy for the North by a newly launched report.The report titled “Economic Development Framework for a Northern Province Master Plan” suggests a two-pronged strategy on […]
SLPA wins second consecutive GPF Ports Authority of the Year award
Sri Lanka Ports Authority (SLPA) won the Ports Authority of the Year 2019 Award by the Global Ports Forum (GPF) for the second consecutive year at the GPF awards ceremony 2019 followed by the conference forum held at the Hyatt Regency Dubai Deira, in the United Arab Emirates on 20th February 2019. Mr.Upul Jayatissa – […]
Sinhalese Sports Club to revolutionize Sri Lankan sports with Power Plate
The Sinhalese Sports Club, one of the most prestigious sports clubs in Sri Lanka together with the pioneer in fitness equipment in Sri Lanka, Quantum Fitness is set to revolutionize sports and fitness training with the latest technology taking the fitness world by storm. The inaugural step toward this initiative is to introduce the revolutionizing […]
Next RIU international investor forum to kick-off in the Maldives
(PRESS RELEASE) – As part of an ongoing and sustained effort to connect Sri Lankan businesses with the global diaspora and with foreign investors looking at investing in Sri Lanka, Research Intelligence Unit (Pvt) Ltd. (RIU) will be hosting its next prestigious RIU Investor Forum 2019 along with the event’s platinum partner-Marina Square by Access Engineering, in the Maldives […]