Category: Other
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 […]
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 […]