Category: Other
Online property portal LankaPropertyWeb acquires Lamudi.lk
Sri Lanka’s leading property portal LankaPropertyWeb has announced the acquisition of the country’s no.2 property portal lamudi.lk, firmly establishing the company as the dominant portal in the country. The acquisition includes the lamudi.lk domain and all its listings, plus the local operations of Lamudi Sri Lanka. With this acquisition, LankaPropertyWeb aims to expand its reach […]
Hemas Pharmaceuticals launches pharmacists skill development program
Leading local pharmaceutical importer and distributor Hemas Pharmaceuticals (Private) Limited in conjunction with the Pharmaceutical Society of Sri Lanka recently launched its inaugural Pharmacists Skill Development Programme with the objective of gearing pharmacists with the necessary skills, qualifications and training to serve patients better. “Currently, there are more than 3,700 pharmacists serving patients across the […]
Tribute: Senior UN Economist Lakdasa Hulugalle (1932-2018)
January 2, 2018 (LBO) – Christmas Day 2018 saw the passing of Lakdasa Hulugalle at the age of 86. Hulugalle served as a Senior Economist at United Nations agency UNCTAD, and was my father’s elder brother. We spent a fair amount of time together and had many a discussion on our shared interests of politics, […]
Jaffna to New York’s Wall Street and back to Jaffna
By Jekhan Aruliah Back in the day Raj Janan’s father was a successful industrialist in Jaffna, owning at various times an aluminium factory, a knitwear factory, a private hospital and a newspaper. Janan’s childhood was disrupted by the JVP insurrection in 1971 when he was 11 years old.One consequence of which was the family was […]
BOI signs agreement for Hospitality Industry Academy
The BOI signed an Agreement with the Australian Academy of Hospitality (AAH) recently. Hemasiri Fernando, chairman, signed on behalf of the Board while Kalum de Silva, Managing Director of AAH signed the agreement on behalf of the Company. Also present at the signing ceremony was Mrs. Champika Malalgoda, Director General of the BOI and Mrs. […]
Happy New Year 2019: New Year celebrations around the World
Jan 01, 2019 (LBO) – Major cities around the world kick-started the New Year 2019 with fireworks displays and dazzling performances and shows. Dubai, UAE rang in 2019 with a blinding light and fireworks show that illuminated the world’s tallest building, the Burj Khalifa, and also set a Guinness World Record for largest LED illuminated […]
ComBank issues UnionPay cards for first time in Sri Lanka
The Commercial Bank of Ceylon has become the first Bank in Sri Lanka to issue UnionPay Credit and Debit Cards, the card brand with the largest customer base in the world, making Sri Lanka the 51st market in the world to issue UnionPay cards. Sri Lanka’s fastest-growing credit card issuer, the Bank said it will […]
Colombo Port handles record breaking 7-millionth container for 2018
Dec 31, 2018 (LBO) – Colombo Port on Monday handled its seven millionth container (TEU) at the Jaya Container Terminal of Sri Lanka Ports Authority with joint marketing strategies carried out by three terminals, JCT, SAGT, and CICT. The function was graced by new Ports Minister Sagala Rathnayake with the participation of the Secretary of […]
R H S Samaratunga assumes duties as Secretary to Treasury, Finance & Media
Dr. R.H.S. Samaratunga who has been reappointed as the Secretary to the Treasury, Ministry of Finance and Mass Media assumed duties at the Finance Ministry today morning.Deputy Secretary to Treasury A.R. Desapriya, Additional Secretary R Semasinghe and senior officials of the Treasury and the Ministry of Finance were present on the occasion.
CICT ends 2018 with 2.65mn TEUs, 38-pct of Colombo Port’s volume
Dec 31, 2018 (LBO) – Colombo International Container Terminals (CICT) has reported handling 2.65 million teus for the 12 months ending 31st December 2018, recording a 13 percent increase in its annual throughput and contributing 38 percent of the Port of Colombo’s volumes in the year just concluded. A significant factor in the achievement of 7 […]
Laugfs Gas to infuse Rs1.1bn for expansion of its LPG Transshipment Terminal
Dec 27, 2018 (LBO) – Laugfs Gas will infuse 1,150 million rupees for the expansion of its LPG Transshipment Terminal facility located at Hambantota International Port, the company said in a stock exchange filing. Under the expansion plan, the storage capacity of the terminal to be extended up to 45,000 MT from 30,000 MT supporting […]
Sri Lanka Army leads flood relief work in the North
Dec 27, 2018 (LBO) – Sri Lanka Army have rescued a number of people stranded due to the prevailing adverse weather condition in the Kilinochchi and Mullaitivu districts that experienced a heavy rainfall resulting in flooding. Army troops have commenced providing immediate rescue and relief assistance, evacuation and relocation, medical assistance, cooked meals and other […]