Category: Other
CM Port pays final tranche of USD584Mn for Hambantota Port
Jun 20, 2018 (LBO) – Sri Lanka’s government has received the final tranche of investment value for Hambantota Port concession from China Merchant Port Holdings Limited (CM Port), Wednesday. “This third and final tranche of US 584,194,800 dollars follows the 1st, a 2nd tranches released in December last year and January 2018,” the Sri Lanka […]
Hotel show Colombo 2018: Celebrating its 20th edition
The 20th edition of the Hotel Show Colombo 2018 – organized by the Ceylon Hotel School Graduates Association (CHSGA) together with event partner CDC Events, returns from 20th – 22nd July 2018 to the BMICH. It will be supported by both the Government and private sector related establishments. For the first time in Sri Lanka, […]
United States steps out from United Nations Human Rights Council
June 20, 2018 (LBO) – The United States on Tuesday stepped out from the United Nations body that protects human rights around the world, saying the council, in fact, damages the cause of human rights. Nikki Haley, U.S. Permanent Representative to the UN, delivering remarks on the issue, blamed other countries for not having the […]
Milinda Ratnayake appointed Vice Chairman of Airport Authority
Veteran aviator, Capt. Milinda Ratnayake has been appointed as the Vice Chairman of the Airport Authority. Clocking over 15,000 hours of flying passenger aircraft he has witnessed the operations of Air Ceylon, Air Lanka and Sri Lankan Airlines for over 40 years. Besides his flying career, he also possesses a wealth of managerial experience overlooking […]
Avian Technologies receives Dell EMC Gold Partner status
One of the leading IT solutions providers in Sri Lanka, Avian Technologies announced that the Company has received the Dell EMC Gold Partner’ status, awarded to companies that record commendable achievements in terms of revenue generation and attaining certification. The EMC Gold Partner status enables Avian Technologies to reinforce the confidence that customers have already […]
‘s interview with embattled State Minister Sujeewa Senasinghe lights up social media
June14, 2018 (LBO) – On June 12, 2018, 7:39pm Azzam Ameen went live on BBC Sinhala’s Facebook site with his interview of State Minister Sujeewa Senasinghe. The State Minister has been caught up in the controversial bond issue which continues to dominate the headlines in Sri Lanka. The interview showed the power of BBC Sinhala’s […]
Ocean Network Express (ONE) commenced calling JCT of SLPA
Ocean Network Express (ONE) commenced calling the Jaya Container Terminal (JCT) of Sri Lanka Ports Authority (SLPA) with the handling of the inaugural vessel MV “Honolulu Bridge” v.100E recently this month. ONE is the ocean carrier formed with the merger of the 3 large Japanese shipping lines of their container operations. The three lines NYK, […]
Meet New Zealand Trade Commissioner for Sri Lanka – Ralph Hays
The Sri Lanka-Australia-New Zealand Business Council of the Ceylon Chamber of Commerce has convened a Networking session on Tuesday 19th June at Mövenpick Hotel Colombo, with the New Zealand Trade Commissioner and his team to coincide with the Sri Lanka Investment and Business Conclave 2018. Ralph has been with NZTE for 7 years and during […]
Children in Sri Lanka at risk of entering adulthood at a disadvantage: UNICEF
Jun 14, 2018 (LBO) – Children in Sri Lanka are at risk of entering adulthood at a disadvantage to their peers, because they have not benefited from the good nutrition, stimulation and protection – known as ‘eat, play and love’ – that enable a brain to grow to its full capacity by the age of 5 […]
Get ready to leave at the end of the term says Godahewa to President Sirisena
June13, 2018 (LBO) – With the Presidential election in Sri Lanka close to 18 months away, potential candidates are positioning themselves ahead of the poll.Former Defence Secretary Gotabaya Rajapaksa, the candidate recently attracting much attention, is trying to stake his claim though experiencing many complications.Foremost among these issues is his American citizenship which he will […]
Sixways Sri Lanka can attract more foreign investment
A Blog by Tatiana Nenova To facilitate Foreign Direct Investment (FDI), Sri Lanka launched last week an innovative online one-stop shop to help investors obtain all official approvals. To mark the occasion, this blog series explores different aspects of FDI in Sri Lanka. Part 1 put forth 5 Reasons Why Sri Lanka Needs FDI. Part […]
Chevron Lubricants Lanka (LLUB) in Decline as CEO Kishu Gomes Exits
June 12, 2018 (LBO) – On May 22, 2018 Kishu Gomes resigned as Managing Director/CEO and as a Director of Chevron Lubricants Lanka with ‘immediate effect’ as per stock exchange disclosure. He was immediately replaced by the company’s Chairman Rochna Kaul, who has served as General Manager Chevron Lubricants in Pakistan. The abrupt resignation came […]