Category: Other
10 major bridges rehabilitated with concessionary loan from JICA
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Sri Lankan FDI flow into Singapore totaled USD150 Mn in 2014
Sri Lanka’s newest Free Trade partner in the world, itself a major economic hub, hinted its keen ambitions to leverage the Sri Lankan economic partnership as a springboard towards the rising South Asian market. “Many Singapore businesses see Sri Lanka as a gateway to South Asia” announced President of the Singapore Chinese Chamber of Commerce […]
Why Sri Lanka’s unsaturated real estate market works to its advantage
(PRESS RELEASE) Sri Lanka’s now-vibrant real estate market has developed greatly in recent years. Whilst the current growth trajectory has given way for many opportunities to continuously arise, the sector’s growthhas also seen alongside it the rise in property prices. Analysts project that the luxury homes segment could potentially be oversupplying the Sri Lankan market […]
Sri Lanka Fin Min addresses ADB annual sessions in Manila
Statement made by Hon. MangalaSamaraweera, Minister of Finance and Media of Sri Lanka at the Business Session of the Asian Development Bank’s 51st Annual Session in Manila 2018 Hon. Carlos G. Dominguwz, Chairman of the ADB Board of Governors, Hon. TakehikoNakao, Presidentof the ADB, Distinguished Governors, Ladies and Gentlemen, I thank you for giving me […]
President to continue in politics beyond 2020
May 08, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena says that he will not retire in 2020, instead of it he will continuously fulfill his respective duties towards the country through a new process. The President said that he will use the experiences he gained through the past three years in this regard and […]
Sri Lanka Ports Authority posts 15.3-pct growth in 1Q 2018
May 07, 2018 (LBO) – Sri Lanka Ports Authority has recorded a total growth of 15.3 percent in terms of profits for the first quarter of 2018 with Colombo Port alone posting a 16.2 percent growth. In 2017, Sri Lanka Ports Authority (SLPA) posted 45.6 billion rupees as revenue and a net profit after tax […]
Tourism industry welcomes directive to demolish Illegal structures in coastal areas
The tourism industry has welcomed the directive issued by President Maithripala Sirisena to demolish unauthorized structures in Mirissa and other areas. Minister of Tourism Development and Christian Religious Affairs, John Amaratunga said the President’s unwavering stance on the matter has sent a clear signal to those flouting the law to fall in line. “I salute […]
MRP increase only applicable to milk powders manufacture after May 5
Following a decision of the Cost of Living Committee dated May 1, 2018 to allow increasing of the Maximum Retail Prices (MRP) of milk powder by Rs 20.00 (for 400 grams) and Rs 50.00 (for one Kg), it has now been decided to allow for such an increase in the local market effective midnight of […]
Eminent radiation oncology expert in Sri Lanka 8-12 May
(PRESS RELEASE) – An eminent international expert in radiological physics in the treatment of cancer will be in Sri Lanka from 8th to 12th May to conduct training on Stereotactic Body Radiation Therapy (SBRT) for local Consultant Oncologists and healthcare professionals at the invitation of Ceylinco Healthcare Services Limited (CHSL). The visit of Dr Cheng […]
BCS Sri Lanka section appoints new Executive Committee for 2017/18
(PRESS RELEASE) – The BCS, the Chartered Institute for IT Sri Lanka section (BCSSL) announced the appointment of a new Executive Committee for 2017/2018 at the Annual General Meeting held recently. During the Annual General Meeting, Ruwan Amarasekara (CIO – Lankan Hospitals) was re-elected as the Chairman, Vajeendra S Kandegamage (Director/ CEO – iPropylea Pvt […]
Understand how to become globally competitive at ‘Future of Business’ Event
Leading manufacturers from diverse sectors will share their expert insights on how they have improved productivity through process innovation in order to plug into global value chains, at the upcoming ‘Future of Business – Innovation Strategy and Learning Event’ of the Ceylon Chamber.The session titled ‘Propelling Productivity – The Role of Process Innovation’ will focus […]
Anantaya Pasikudah wins Booking.com guest review award
(PRESS RELEASE) – Anantaya Resort & Spa Pasikudah was recently awarded the Booking.com Guest Review Award. Offering unique experiences and exceptional service, Anantaya Pasikudah was rated a high standard property on Booking.com with an outstanding score of over nine. Commenting on the award received, LAUGFS Leisure Director/Chief Executive Officer, Roshan R. Perera said, “Being awarded the […]