Category: Other
Pan Asia Bank posts Rs 498 mn PBT in 1Q
(PRESS RELEASE) – Pan Asia Banking Corporation PLC reported Rs 498 million in profit before tax for the quarter ended in March 31, 2018 (1Q’18) powered by a steady growth in new loans and improvement in overall margins which was resulted by prudent asset – liability pricing amidst rising market interest rates. This enabled the bank […]
Softlogic introduces the next generation data centre
Educates on upcoming new technologies of world’s largest data center infrastructure supplier Softlogic Information Technologies Pvt Ltd, one of the country’s leading software and hardware solutions providers and a subsidiary of Softlogic Holdings PLC, conducted the latest in a series of events titled “The Future Enterprise” for its corporate customers at The Galadari Hotel […]
Lord Buddha’s Sacred Relics from Pakistan arrived in Sri Lanka
In order to present the richest Buddhist historical legacy to the Sri Lankan people, Pakistan has sent the most sacred relics of the Lord Buddha to Sri Lanka on April 28, 2018 for exposition in connection with the Annual Buddha Rashmi National Vesak Festival.Sri Lankan Minister for Buddha Sasana, Hon.Gamini Jayawickrema Perera along with Parliamentarians, […]
Inaugural talks under SL-AUS Trade & Investment Framework Agreement
Inaugural talks under the Trade and Investment Framework Agreement (TIFA) between Sri Lanka and Australia were held on 19 April in Canberra at the Department of Foreign Affairs and Trade. This was the first bilateral discussion taking place after the TIFA was signed in Colombo on 2 November 2017, during the visit of Australian Prime […]
World Bank approves USD100Mn to help Sri Lanka modernize education system
Apr 27, 2018 (LBO) – World Bank Board of Executive Directors on Thursday approved a 100 million US dollars credit to support Sri Lanka’s efforts to strengthen and modernize its education system. The General Education Modernization Project (GEM) will modernize and diversify the curriculum of general education in keeping with the transformation taking place in […]
Korea Eximbank provides consultation for automated tax system for CMC
The Export-Import Bank of Korea (Korea Eximbank) has agreed to provide KSP (Knowledge Sharing Program) policy consultation to establish an automated taxation system in the Colombo Municipality.The Korean consultant team conducted the inception workshop at the Colombo Municipal Council under the chairmanship of her worship the Mayor Rosy Senanayake. The KSP is expected to be […]
OPPO unleashes F7, the selfie expert phone
(PRESS RELEASE) OPPO, the Selfie Expert and Leader, today launched the F7. The latest Selfie Expert, powered by Artificial Intelligence (AI), takes smartphone technology to new heights. The F7 utilizes improved AI technology for selfie photography in addition to many more AI-powered operational features. Together with the Super Full Screen and upgraded multi-tasking software, the […]
Union Bank records 37-pct growth in PAT in 1Q18
Union Bank recorded an impressive Profit Before Tax and VAT of Rs.246 million, reporting a 47 percent growth YoY, thus setting the pace for its next growth phase powered by a new three-year growth strategy which includes its subsidiaries. Core Banking Growth and Profitability A significant growth in core banking operations contributed to the robust […]
Essential fuel saving tips you should know
The price of petrol and diesel are at a constant rise and it’s more important than ever to start saving fuel. Here are some essential ways you can save fuel and the burden it carries on your wallet. Drive Efficiently Save money on fuel by altering the way you drive. By braking or accelerating too […]
Sri Lanka Foreign Minister attends Berlin Energy Transition Dialogue
Minister of Foreign Affairs Tilak Marapana, attended the Berlin Energy Transition Dialogue (BETD), which commenced under the patronage of Federal Foreign Office and Federal Ministry for Economic Affairs and Energy of Germany on Tuesday 16 April 2018. In recent years, the Berlin Energy Transition Dialogue has become a leading international forum for high-level policymakers, industry […]
Johann encounters high altitude on 1st leg of his mission to scale Mt. Everest
Eager to make his country proud, the brave son of Sri Lanka, Johann Peries has commenced his second attempt to scale Mount Everest. In the latest update on his exciting journey as he is cheered on by fellow Sri Lankans, he is making steady progress, surmounting challenges of high altitude and extreme cold. There has […]
LAUGFS excel at CMI management excellence awards
Reinforcing the leadership force that drives LAUGFS, Lfinity – Chief Operating Officer (COO), Muditha Thebuwana and LAUGFS Gas – Deputy General Manager, Kaushala Amarasekara emerged winners at the Chartered Management Institute Management Excellence Awards (CMI-MEA) 2017 held recently. While Muditha was bestowed the “Most Innovative Manager” award in the Service Sector – Small and Medium, […]