Category: Other
Oxford Business Group launches new publication on Sri Lanka economy
Sri Lanka’s plans to capitalise on high levels of investor confidence and a $1.5bn deal with the IMF to implement a much‐needed modernisation drive and structural reforms are mapped out in a new report just produced by the global research and consultancy firm Oxford Business Group (OBG). The Report: Sri Lanka 2017 charts the island […]
Waters Edge to create largest banquet facility in Sri Lanka
Waters Edge yesterday commenced an extensive expansion project of the 4-floor banquet facility. Lead by the ideas and efforts of Minister of Megapolis and Western Development Patali Champika Ranawaka, Chairman of Waters Edge Chamath De Silva and General Manager Rohan Fernandopulle, the groundbreaking ceremony was also attended by officials from the Urban Development Authority and […]
Sri Lanka Foreign Minister Ravi Karunanayake visits India
Foreign Minister Ravi Karunanayake on his first visit overseas as Minister of Foreign Affairs, called on Prime Minister Narendra Modi and held discussions with External Affairs Minister Sushma Swaraj yesterday, 6 June 2017. He will have discussions today with Foreign Secretary S. Jaishankar and others before returning to Colombo tonight. Ministry of Foreign Affairs Colombo
Prime Minister of Sri Lanka addresses UN ocean conference
The UN Ocean Conference took place at UN headquarters in New York from 5 to 9 June 2017, coinciding with World Oceans Day (8 June). Co-chaired by Fiji and Sweden, the Conference aims to support the implementation of Sustainable Development Goal 14: Conserve and sustainably use the oceans, seas and marine resources for sustainable development. […]
LAUGFS Launches Sri Lanka’s first fully automated vehicle care centre
LAUGFS Solutions recently unveiled the ARC Centre, an ultra-modern, state-of-the-art advanced automotive testing and repair centre, in the highly populated Dehiwala area in Aththidiya Road. The Centre was ceremonially declared open by LAUGFS Chairman Mr. W. K. H. Wegapitya and Group Managing Director Mr. Thilak De Silva. The ARC Centre is geared to provide vehicle […]
Korean Actress Lee Young-ae “Changumi” supports flood relief efforts
June 06, 2017 (LBO) – Korean Actress Lee Young-ae has made a contribution of 56,000,000 Korean Won (50,000 US Dollars) to support flood relief efforts in Sri Lanka, following the extensive devastation caused to life and property after floods and landslides. The Chairman of the Korea Foundation for Persons with Disabilities Lee Seong-gyu formally handed […]
Harsha assumed duties as Deputy Min National Policies and Economic Affairs
Jun 06, 2017 (LBO) – Sri Lanka’s former deputy Minister of Foreign Affairs Harsha de Silva assumed duties as Deputy Minister of National Policies and Economic Affairs on June 05. State Minister for National Policies and Economic Affairs Niroshan Perera was also present.
Korean Government approves USD200mn for Kandy tunnel
June 06, 2017 (LBO) – The Ministry of Strategy and Finance of Korea has approved 200 million US dollars for the Kandy tunnel construction project, Korean Embassy in Sri Lanka announced. The project comprises of four tunnels with a total length of 5.5km from Suduhumpola to Tennekumbura via Bogambara and Ampitiya which will be the […]
Sri Lanka Railways to collect land lease arrears of Rs1.4bn
June 05, 2017 (LBO) – Sri Lanka’s state-owned Railways Department said 1.46 billion rupees is yet to be collected as lease arrears for land owned by the department. The Railways Department manages nearly 13,000 acres of land, of which 1,934 acres have been leased out to 6,400 users, as this land is not necessary for […]
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 […]