Category: Other
Asiri Hospitals signs MoU with NITF for state sector employee healthcare packages
(PRESS RELEASE) – Beneficiaries of the National Insurance Trust Fund (NITF)’s healthcare services will now be eligible to seek treatment at any hospital under the Asiri Group of Hospitals following the recent signing of a memorandum of understanding (MoU) between the two organisations. As a result of the MoU, Asiri Group of Hospitals will now serve […]
Bank of Ceylon becomes first bank in Sri Lanka to surpass Rs1 trillion advances
The Bank of Ceylon scored its third “Trillion” at the end of the year 2016. That is surpassing the Rs. One trillion mark in advances- another unique milestone in its 77-yearjourney as “the Bankers to the Nation” and becoming the first ,and up to now the only bank to pass this milestone in Sri Lanka. […]
Over one million Sri Lankans affected by drought
Jan 23, 2017 (LBO) – Sri Lankans have been warned to conserve water and electricity with over a million persons affected so far by drought as crop output decreases and shortages of drinking water are being reported, officials said. Officials at the disaster information center say over a million person have so far been affected […]
University teachers calls authorities to fill vacancies in student admissions
Jan 23, 2017 (LBO) – Sri Lanka’s university teachers say there is a large number of unfilled vacancies in certain faculties of state universities and called relevant authorities to address the issue. University Teachers for Social Equity (UTSE), releasing a statement, emphasized there had been a large number of vacancies in the science and agriculture […]
Donald Trump is sworn in as the 45th US president: VIDEO
Jan 20, 2017 (Reuters) – Donald Trump was sworn in as the 45th president of the United States on Friday, succeeding Barack Obama and taking control of a divided country in a transition of power that he has declared will lead to “America First” policies at home and abroad. As scattered protests erupted elsewhere in […]
Wilpattu cleared by State Timber Corp, not Muslims: Environmentalist
A Sri Lankan environmentalist claimed that the Wilpattu forests were cleared by the State Timber Corporation and not by Muslims as alleged. “As environmentalists, we should not talk only about displacement of a certain ethnic group but everyone” said the Sri Lankan environmentalist Thilak Kariyawasam on 19 January. Kariyawasam was addressing a discussion forum on […]
New 10MW solar power plant construction to kick-off tomorrow
The foundation stone laying ceremony of a new 10MW solar power plant in Raṇamayurapura, Hambantota will be held tomorrow with the participation of Power Minister and offcials. New plant will be built under the Soorya Bala Sangramaya (Battle for Solar Energy) project of Sri Lanka Sustainable Energy Authority with the private sector investment. Power Ministry […]
Walkers CML properties sells out Richmond Hill Residencies
Walkers CML Properties (Private) Limited, a subsidiary of MTD Walkers PLC announced today that their affordable housing project Richmond Hill Residencies is sold out. Richmond Hill Residencies is Walkers CML Properties’ first affordable housing project, in Galle, and is done in partnership with the Ministry of Public Administration & Management and the Board of Investment […]
First Capital Holdings signs MOU with Oxford Business Group
(PRESS RELEASE) – Sri Lanka’s efforts to boost capital inflows through the gradual liberalisation of its trade and investment laws will be explored in a forthcoming report by the global publishing firm Oxford Business Group (OBG). The Report: Sri Lanka 2017 will look in detail at what the country’s capital markets sector is doing to […]
Sri Lanka president advises officials to brace for impending drought
Jan 19, 2017 (LBO) – Sri Lanka’s President Maithripala Sirisena has held a discussion to look into the preparations at ministerial level to provide essential relief to the public during the impending drought. A special committee comprising secretaries of the ministries of power and energy, mahaweli and water supply has been appointed to make quick […]
Iconic Galaxy breaks ground, ready for occupation by end 2020
(PRESS RELEASE) – Colombo: January 18 2017: Leading infrastructure and property developer, Iconic Developments Ltd, the developer of Iconic 110 Parliament Road, celebrated the beginning of construction of their latest housing property project, Iconic Galaxy. A ground-breaking ceremony at the site was officiated by the Chief Guest, Minister of Megapolis and Western Development, Hon Patali […]
Sri Lanka signs USD125Mn credit to modernize agriculture
Jan 18, 2017 (LBO) – Sri Lanka has signed a 125 million dollar credit with the World Bank to support and promote commercial and export-oriented agriculture, with focus on higher value agriculture products, such as fruits and vegetables. Under the project, investments to improve productivity and diversify production patterns through modern agriculture technology demonstrations in […]