Category: Other
US Embassy launches new website for Sri Lanka
The Embassy of the United States in Sri Lanka launched its new website (lk.usembassy.gov) yesterday, featuring a more mobile-friendly layout, with easy-to-access and more locally-relevant news and information. The new homepage will allow users to quickly find answers to visa questions, U.S. citizen services, job opportunities, and business opportunities, as well as latest Embassy-related news […]
Sri Lanka Tourism celebrates World Tourism Day
Sri Lanka Tourism celebrated World Tourism Day on September 27th, 2016 focusing on the UNWTO’s theme for this year, “Tourism for all – Promoting Universal Accessibility.” The official celebration was held at the auditorium of the Sri Lanka Institute of Tourism and Hotel Management with the participation of all tourism industry stake holders. The day’s […]
Real estate sector, preferred investment avenue for Sri Lankans: Survey
A recent survey conducted by LankaPropertyWeb and the Real-estate Intelligence Unit (RIU) indicates that the majority of Sri Lankans prefer to invest in Real Estate, as opposed to the stock market or bank savings. In one of the most detailed ground surveys carried out about the Sri Lankan Real Estate Sector, 44.1% of respondents said […]
New HC Chitranganee Wagiswara presents credentials to Indian President
High Commissioner of Sri Lanka to India Chitranganee Wagiswara presented credentials to the President of India Pranab Mukherjee at Rashtrapathi Bhawan in New Delhi on Monday 26 September 2016. Meeting the President of India after presenting the Credentials, Mrs. Wagiswara conveyed the greetings of the President and the Prime Minister of Sri Lanka to the […]
Sri Lanka apparel exports caters more to niche markets: Report
Sri Lanka’s exports are designated to more niche and fashion-oriented markets rather than concentrating on volume products, a latest report showed. The Business Information Division of the Ceylon Chamber of Commerce has released its latest review conducted on the apparel industry. The release titled ‘Apparel Sector 2015,’ can now be obtained in CD Version. According […]
Cinnamon Life launch second residential tower ‘The Suites at Cinnamon Life’
(PRESS RELEASE) – Sri Lanka’s most iconic mixed development project, Cinnamon Life, announced the launch of ‘The Suites at Cinnamon Life’, the second residential tower to be constructed as part of a 4.5 million square foot integrated resort by Waterfront Properties (Private) Limited, a member of the John Keells Group. At the time of launch, […]
Emergency ambulance service to launch in Colombo district tomorrow
1990 “SuwaSariya” emergency ambulance service is scheduled to be launched tomorrow in Colombo district, the government said. The service is now available in the districts of Hambantota, Matara, Galle, Kalutara and Gampaha. 1990 ambulances were introduced by the government with an Indian grant to fill a vacuum in pre hospital care.
ICRA Lanka reaffirms Access Engineering [SL] A+ long-term ratings
ICRA Lanka Limited, subsidiary of ICRA Ltd, a group company of Moody’s Investors Service, has reaffirmed the Issuer rating of [SL]A+ (pronounced S L A plus1) with stable outlook for Access Engineering PLC (“AEL”/ “the Company”). ICRA Lanka has also reaffirmed the Issue Rating of [SL]A+ for the company’s LKR 5,000 Mn Senior Unsecured Redeemable […]
‘s subordinate debentures A+(lka)(EXP)
Fitch Ratings has assigned DFCC Bank PLC’s (DFCC; AA-(lka)/Negative) proposed subordinated debentures of up to LKR7bn an expected National Long-Term Rating of ‘A+(lka)(EXP)’. The proposed debentures, which will have tenors of five and seven years and carry fixed coupons, will be listed on the Colombo Stock Exchange. DFCC expects to use the proceeds to strengthen […]
JAT Holdings, sponsors 4th Sri Lanka Wood International Expo 2016
(PRESS RELEASE) – JAT Holdings sponsored the recent 4th edition of the Sri Lanka Wood International Expo 2016 exhibition which culminated with great success at the BMICH in Colombo. Managing Director of JAT Holdings, Mr. Aelian Gunawardene said, “It gave us great pleasure to present this well-attended exhibition which afforded the excellent opportunity for players […]
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Distinguished guests, ladies and gentlemen, Good morning to you all. I consider it a great pleasure and honor to speak to such a distinguished audience, at this national conference on Public-Private Partnerships (PPPs). It has become evident that an important trend in economic and social development is taking place in countries around the world. The […]
Clinton, Trump clash over race and economy in first debate
HEMPSTEAD, N.Y., Sept 26 (Reuters) – Democrat Hillary Clinton accused Republican Donald Trump on Monday of having a long history of racist behavior during a heated presidential debate that could reshape the 2016 campaign for the White House. Clinton and Trump interrupted each other throughout the debate on topics ranging from foreign policy to the […]