Category: Other
Fitch affirms HNB Assurance and HNB General Insurance ratings
Fitch Ratings Lanka has affirmed Sri Lanka-based HNB Assurance PLC’s (HNBA) National Insurer Financial Strength (IFS) Rating and National Long-Term Rating of ‘A(lka)’. Fitch has also affirmed its 100% owned subsidiary HNB General Insurance Limited’s (HNBGI) National IFS Rating and National Long-Term Rating at ‘A(lka)’. The Outlook on the ratings is Stable. KEY RATING DRIVERS […]
Singapore remains world’s most expensive city in 2018
Mar 15, 2018 (LBO) – The results of this year’s Worldwide Cost of Living survey reveal that Singapore is the most expensive city in the world for the fifth consecutive year.The survey sees Asian hubs like Hong Kong and Sydney compete with European cities such as Paris, Zurich and Oslo at the top of the […]
Sri Lanka up four notches in World happiness ranking
Mar 15, 2018 (LBO) – Sri Lanka has moved up to 116 position with a score of 4.471 from 120 in the World Happiness Report 2018. The report ranks 156 countries by their happiness levels, and 117 countries by the happiness of their immigrants. The island was also ranked 43rd in the sub-category of best […]
South Asian University established by SAARC nations, announces admission
New Delhi: The South Asian University, established by the 8 SAARC nations including Sri Lanka, has announced its admission schedule to its Masters and PhD programmes for the ninth batch. The University has simplified the process of application, which can be done entirely online, for applicants from the SAARC region. Applicants will be required to […]
Sri Lanka looks to Japan for assistance in waste management
Mar 15, 2018 (LBO) – President Maithripala Sirisena, making an observation tour of modern waste management centre in Japan said he would inquire about such projects in order to solve the garbage disposal problem in Sri Lanka. President Sirisena said that he would also inquire into the possibility of obtaining assistance from Japan for such projects. […]
HSBC’s flagship Premier Centre in Colombo re-opens after extensive renovation
HSBC’s flagship Premier Centre strategically located at No 31, Flower Road, Colombo 7 was re-opened after a full renovation by Betty Miao, Head of Retail Banking & Wealth Management International, Asia Pacific together with Mark Prothero, CEO HSBC Sri Lanka and Maldives, Joanna Kalenska, Head of Marketing for International Markets, Rudra Basu, Head of Regional […]
Solar Alliance will create a greener, cleaner, healthy world: President
Mar 12, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena expressed confidence that the International Solar Alliance (ISA) would showcase the power of the countries involved to bring about solutions to create a greener, cleaner and a healthy environment for people of this world.Addressing the Founding Conference of the ISA Summit in New Delhi today […]
PM meets with UN Under Secretary General for Political Affairs in Colombo
Prime Minister Ranil Wickremesinghe has met United Nations Under Secretary General for Political Affairs, Jeffrey Feltman at the Temple Trees, Colombo this morning. Discussions were carried out between the two about various topics including the current political situation in the country.
Colombo Fashion Week Brings Together Other Creative Industries
Celebrates Expression through Collaborations Celebrating other creative industries and their expression through fashion has been one of the focus’ of HSBC Colombo Fashion Week in recent years. These collaborations have given birth to various sub events that take place during the week of CFW such as Art Connect, Fashion + Food events, Knowledge Workshops, Music […]
Government to implement two water projects at a cost of Rs11.3bn
Having recognized the importance and urgency of implementation of Kirama Katuwana Water Supply Project and project for Augmentation of Water Pipelines along with the Orugodawatta Ambatale Road Development Project, the Government has now been able to finalize the funding arrangements with foreign and local banks. Accordingly, UniCredit Bank of Austria has agreed to provide Euro […]
President visits Kandy, Stresses on communicating precise information
Mar 08, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena held a special meeting in Kandy to discuss the current situation in the district and stressed the importance of communicating precise information to the public. The President discussed with religious leaders about the situation that has occurred suddenly and the leadership they can provide to […]
Mobitel & Commercial Bank launch Data + Credit Card in Sri Lanka
Sri Lanka’s National Mobile Service Provider, Mobitel has partnered with one of the leading banks in Sri Lanka, Commercial Bank to offer a first of its kind credit card . It is the first time in Sri Lanka that a telecom service provider has partnered with a financial institution to offer its customers an exclusive […]