Category: Other
‘s Anantara Peace Haven Tangalle Resort to Welcome its First Guests
Colombo, 1 December 2015: Hemas Holdings in partnership with Minor Hotel Group is proud to announce the opening of the first Anantara resort in Sri Lanka, Anantara Peace Haven Tangalle Resort. In a uniquely secluded beachfront location along Sri Lanka’s southern coast, Anantara Peace Haven Tangalle Resort is inviting its very first guests to experience […]
‘Sex and Love Tour’ of Enrique Iglesias in Sri Lanka
Dec 02, 2015 (LBO) – Award winning global superstar and Latin music idol Enrique Iglesias will be performing ‘Sex and Love Tour’ LIVE in concert in Colombo on 20 December at CR&FC Grounds. This tour series is the twelfth concert tour by the Spanish recording artist under his tenth studio album, ‘Sex and Love’. Beginning […]
Embark’s new Christmas concept – product range a call to ‘Love the Fashion, Feel the Passion’
This season, Embark, the unique fashion label with a cause, has promised ‘a shopping experience from the heart’ with a refreshingly sincere Christmas campaign involving its people, and a product range that reflects the compassion and commitment that the programme is all about.Faces from Embark’s very own team, along with passionate individuals who are committed to make a […]
Oman Air celebrates six years of successful operations in Sri Lanka
The national airline of the Sultanate of Oman, Oman Air recently celebrated six years of successful operations in Sri Lanka. Over the years, Oman Air has experienced momentous growth in Sri Lanka and has gained a reputation for offering affordable flights, a luxurious travel experience and world-class standards of service. Commenting on the occasion, Gihan […]
IMF includes Yuan in reserve currency basket
Dec 01, 2015 (LBO) – The International Monetary Fund has included the Chinese yuan as a fifth currency in their basket of currencies that make up the Special Drawing Rights (SDR). Effective from October 1, 2016 the Chinese Yuan is determined to be a freely usable currency along with the US dollar, the euro, the […]
Narendra Modi launches international solar alliance at COP 21
Dec 01, 2015 (LBO) – India’s prime minister Narendra Modi has launched an international solar alliance of over 120 countries at the Paris COP21 climate summit. The conference of world leaders with over 25,000 official delegates is seen as historic and aims to clinch a deal on greenhouse gas emissions. “India has emerged as the […]
Huawei G7 Plus debuts in Sri Lanka
Huawei, the fastest growing smartphone in Sri Lanka, unveiled the Huawei G7 Plus the latest 4G device which was globally launched in the beginning of November 2015. The launch ceremony was held at the Singer Lifestyle Exhibition at BMICH and was patronized by Shunli Wang – CEO Huawei Sri Lanka and Henry Liu – Country […]
Janashakthi Pioneers Unique Policy Tailored for People with HIV
In a breakthrough move in the life insurance sector, Janashakthi Insurance has extended life cover to those diagnosed with HIV.This is a unique new policy that will change the lives of many people and give them peace of mind. Over 3300 people were living with HIV by the end of 2014, according to estimated data […]
£6.6 mln, non-resident defence attaché to help Sri Lanka: David Cameron
The UK Prime Minister held bilateral talks with President Sirisena of Sri Lanka at the Commonwealth Summit in Malta Friday, and announced a significant increase in UK support for reconciliation and human rights, recognizing the considerable progress Sri Lanka has made since it hosted the last Commonwealth Meeting in 2013. The Government will provide £6.6 […]
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On 20 November, Sri Lanka Finance Minister Ravi Karunanayake proposed introducing limitations on pawning loans and consumer finance loans for the country’s commercial banks. The proposal is credit positive for Sri Lankan banks because it will limit their exposure to these higher-risk loans.Two of our rated entities, Bank of Ceylon (BOC, B2/B1 stable, b1) and Hatton National Bank […]
‘s yuan as reserve currency
Nov 30, 2015 (LBO) – The International Monetary Fund may soon label China’s yuan as a reserve currency that could pressure China to reform currency management and improve communication with the rest of the world.The IMF is expected to say that next year it will add the yuan to the basket of currencies that comprise […]
President arrives for historic climate change conference
Nov 30, 2015 (LBO) – Sri Lanka’s President Maithripala Sirisena arrived in France on Sunday to attend a world leaders’ conference on climate change, COP 21, a potentially historic meeting that could set limits on greenhouse gas emissions.More than 25,000 official delegates from 190 countries will meet on Monday for the largest conference ever organized […]