Category: Other
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 […]
Seylan Bank reports 21-pct growth in 1Q 2018; records PAT of Rs.1,053 Mn
Seylan Bank made a steady start in 2018 by posting a Profit after Tax of Rs. 1,053 Million in Q1 despite less than ideal market conditions. Net interest income increased by 17.21% as the volume growth outperformed the impact arising from the narrowing of NIMs. Net fee and commission income witnessed a growth of 14.61% […]
Sri Lanka Aggressor Safari Lodge begins operations
(PRESS RELEASE) – The Sri Lanka Aggressor Safari Lodge situated close to Wilpattu National Park in the North of Sri Lanka, officially opened for business this week with their first group of American Tourists. This is the first Safari Lodge to be opened in Sri Lanka for the USA Aggressor Luxury Franchise Group. The lodge has […]
‘s first electric vehicle plant
May 03, 2018 (LBO) – Tokyo based high-tech research and development startup is planning Sri Lanka’s first ever large, industry scale electric vehicle (EV) manufacturing facility. The proposed EV manufacturing operation is to take off by producing Sri Lanka’s first ever smart, “EV tuk-tuks.” The startup from Tokyo is also setting up international standard EV […]
Planters’ Association hails decision to lift ban on glyphosate
May 02, 2018 (LBO) – The Planters’ Association of Ceylon (PA) issued a statement commending yesterday’s Government decision to lift the arbitrary ban on the importation of glyphosate-based weedicides in view of the overwhelming scientific consensus that the substance is not harmful to human health. At the outset we wish to express our sincere and […]
CAL to host inaugural South Asia Investor Conference in Colombo
Sri Lanka’s No. 1 investment banking firm and preferred partner in financial markets, Capital Alliance (CAL), is proud to announce the inaugural South Asia Investor Conference (SAIC 2018), which will be held on 7th and 8th May 2018 at the Taj Samudra Hotel. A joint collaboration between Capital Alliance Securities, Sri Lanka; AKD Securities, Pakistan […]
Advantis projects provides logistics expertise to CEB for improved reliability of national grid
(PRESS RELEASE) – Continuing its leadership in logistics in Sri Lanka, Advantis Projects, the project logistics arm of Hayleys Advantis Limited,recently secured and completed the transportation of 12 transformers and their respective accessories as part of the Ceylon Electricity Board’s project – ‘Construction Of Grid Substations, Greater Colombo Transmission And Distribution Loss Reduction’. Amongst the […]
Lester James Peries: Pioneer of a Sri Lankan cinema tradition
Lester James Peries (April 1919 – 29 April 2018) was a Sri Lankan film director, screenwriter, and film producer.A filmmaker since 1949, Peries was involved in over 28 films, including shorts and documentaries.In 1956, Peries made his entry into national cinema with the globally acclaimed “Rekava”, which was a story based on village life. It […]
”; outlook stable
Fitch Ratings has affirmed Sri Lanka-based consumerdurables retailer Singer (Sri Lanka) PLC’s National Long-Term Rating at ‘A-(lka)’ with a Stable Outlook. Fitch has also affirmed the National rating on Singer’s outstanding senior unsecured debentures at ‘A-(lka)’. A full list of rating actions is at the end of this commentary. The affirmation of Singer’s rating reflects […]
Japan confers a prestigious decoration upon Professor Carlo Fonseka
On 29 April 2018, the Government of Japan announced the conferment of “The Order of the Rising Sun, Gold Rays with Neck Ribbon” upon Professor Carlo Fonseka, in recognition of his significant contribution to the promotion of Japanese culture in Sri Lanka. His Excellency Mr. Taro KONO, Minister for Foreign Affairs of Japan, sent a […]
Sri Lanka preliminary round for 2018 K-Pop World Festival
The Preliminary Round for Sri Lanka for the 2018 Changwon K-Pop World Festival will be held on 14 July 2018, at the Bishop’s College Auditorium, organized by the Embassy of the Republic of Korea. The Changwon K-Pop World Festival, which celebrates its eighth anniversary this year, will be held on 5 October 2018, in Changwon, […]
Netherlands Embassy hosts floriculture event at National Day celebrations
the Embassy of the Kingdom of Netherlands perfumed Trace Expert City with the scent of flowers, as it held a series of events to celebrate the floriculture industries of Sri Lanka and the Netherlands. The programme consisted of a floral arrangement competition, exhibition and a training workshop with floriculture experts from the Dutch agricultural vocational […]