Category: Other
Janashakthi Offers Free Breakdown Assistance to All Vehicle Owners Affected by Floods
Expressing its solidarity with all fellow Sri Lankans affected by the recent adverse weather conditions, Janashakthi General Insurance Limited announced that Janashakthi Full Option will be carrying out a free breakdown assistance service across areas affected by the floods. As a result, all vehicle owners can now access this service, irrespective of their Insurance provider, […]
US contributes Rs350 mln for Sri Lanka flood relief
Jun 05, 2017 (LBO) – The U.S. Ambassador to Sri Lanka Atul Keshap joined President Maithripala Sirisena to announce approximately 350 million rupees (. 3 million) in humanitarian assistance from the United States government and people to help victims of flooding and landslides in Sri Lanka. The aid will be used to provide safe drinking water, […]
New Chairman assumes duties at SLPA
(PRESS RELEASE) – Dr.ParakramaDissanayake assumed duties as the Chairman of Sri Lanka Ports Authority (SLPA) on the 01st of June 2017. The appointment was made by the Minister of Ports and Shipping – MahindaSamarasinghe, fulfilling a long awaited requirement of SLPA to have a professionally qualified personality as the institution’s Chairman. Vice Chairman of […]
A joint appeal by Muslim Council of Sri Lanka and the National Shoora Council to the President and PM
(PRESS RELEASE) – A joint appeal was made by the Muslim Council of Sri Lanka and the National Shoora Council to the President and Prime Minister regarding the recent violence and intimidation of Muslims by Buddhist extremists. The full text of the letter follows: Open letter to His Excellency the President Maithripala Sirisena and Honourable […]
Saudi Arabia, Bahrain, UAE, Egypt cut diplomatic ties with Qatar
June 05, 2017 (LBO) – Saudi Arabia broke diplomatic relations and all land sea and air contacts with fellow Gulf Arab state Qatar on Monday, saying the move was necessary to protect the kingdom from what it described as terrorism and extremism. The United Arab Emirates (UAE), Bahrain and Egypt also cut ties with Qatar […]
Korean community donates relief goods for flood victims in Sri Lanka
The Korean Businessmen’s Association (KBA) of Sri Lanka donated relief goods worth of about LKR 15 Million to Sri Lanka Police on 02 June 2017, including 5,000 pairs of long boots, 10,000 pairs of rubber gloves, 1,000 pairs of gloves for industrial use and 2,500 soaps. The goods will be distributed to the people affected […]
Maldives hands over financial assistance to Sri Lanka
Minister of Foreign Affairs, Ravi Karunanayake, met with Special Envoy of the President of Maldives Dr. Mohamed Asim, Minister of Foreign Affairs of Maldives on Wednesday, at the Ministry of Foreign Affairs. The two Ministers discussed several issues of importance relevant to bilateral relations of the two countries. The Special Envoy condoled with the Minister […]
Sri Lanka tea production to be impacted by bad weather
Jun 02, 2017 (LBO) – Sri Lanka’s tea production is likely to be further impacted as the country experienced its worst disaster from torrential rain since 2003 last week, a report said. “The worst affected is the Southern and Sabaragamuwa provinces,” Forbes and Walker Tea Brokers said. “Needless to say, the current scenario would adversely […]
LOLC records historic profit before tax of Rs24bn
Sustaining its unblemished track record, LOLC Group concluded an excellent year sealed by its strongest financial performance to date. For the year ended 31st March 2017, the Group recorded PBT of 24.4Bn and PAT of Rs. 20.9Bn, an increase of 106% and 124% respectively, compared to the previous year. The consolidated gross income grew by […]
State Finance Minister Eran Wickramaratne assumes duty
The newly appointed State Minister of Finance Eran Wickramaratne assumed his duties at the Ministry of Finance Thursday Morning. Secretary to the Ministry of Finance Dr. R.H.S. Samarathunga, Deputy Secretary to Treasury, G.D.C. Ekanayaka and the Additional Secretary to the Ministry R. Semasinghe were Present.
Sunshine Holdings records strong growth despite challenging market condition, Revenue up 10.3-pct
(PRESS RELEASE) • PAT improves sharply by 33.1% YoY to Rs. 1.6 billion • Healthcare revenue up 9.8% YoY to Rs 7.9 billion revenue • Agri revenue grew 3.2% YoY to Rs. 6.5 billion • FMCG revenue grew 22.5% YoY to Rs. 4.2 billion May 31, 2017: Sunshine Holdings PLC posted consolidated revenues of Rs. […]
Sri Lanka flood levels begin to reduce, more rain expected
Jun 01, 2017 (LBO) – Sri Lanka’s national disaster management officials have reported that water levels are beginning to recede along the major river basins, the Office of the UN Resident Coordinator said in a flood situation update. However, access to remote villages remains a significant challenge. With forecast of more rains in the coming […]