Category: Other
Rishad kick-starts third Lankan Industry & Commerce sprint
Sri Lanka is mulling a bigger role for private sector in the planned industry and commerce reforms-and Lankans of all hues are rallying round the leaders of the new consensual government, as declared on 09 September.“I look forward to an increased role and support of the Lankan business, exports and investment communities in our next […]
Is the smart city significant for Sri Lanka?
Lamudi Sri Lanka explains the potential of the first smart city of the nation The Government of Sri Lanka has announced their plan to convert Kandy as the first smart city in the country. The definition of the words “smart city” lies within. Bringing it down to the scale of mobile phones identifies the city […]
Commercial Bank receives FinanceAsia Best Bank Country Award 2015
The Commercial Bank of Ceylon recently received the 2015 FinanceAsia award for the ‘Best Bank in Sri Lanka’ at a glitzy awards ceremony at the Ritz – Carlton in Hong Kong. This fifth ‘FinanceAsia Country Award for Achievement’ presented to Commercial Bank by the magazine was accepted on behalf of the Bank by its Chief […]
Wijedasa Rajapakshe assuming duties at Ministry of Justice
Minister of Justice President’s Council Dr.Wijedasa Rajapakshe assuming duties at the Aluthkade Justice ministry office today (08). Mrs. Kamalani de Silva Secretary of justice ministry and senior officials of the ministry were present at this occasion.
‘s JICA, big infrastructure lender with a small case of understatement
Sept 08, 2010 (LBO) – Out of the multilateral and bilateral lenders to the island of Sri Lanka, JICA may be the most important, and the least well known. “Lot of people don’t really seem to know what JICA is. They know the ADB and the World Bank. Maybe its because we don’t have word […]
ODEL launches ‘Into the Woods’ fall collection with glitzy fashion show
Fall inspires new fashion trends around the world, and Sri Lanka is no exception with ODELgiving local fashionistas an opportunity to experience the ‘forest couture’ that is dominating runways in the fashion capitalsof the world, with the launch of two new collections featuring dark and gloomy designs rich with earthy tones that take style lovers […]
Commercial Bank to reward online bill payments
The Commercial Bank of Ceylon has announced it will reward customers for usage of the Bank’s Online Banking facility with Rs 1.5 million in cash prizes over the next three months.A total of 300 customers are to be drawn for these cash prizes from those who pay bills to the cumulative value of Rs 2,500 […]
50th Defense Day of Pakistan celebrated in Colombo
The High Commission of Pakistan in Sri Lanka celebrated the 50th Defense Day of Pakistan last evening in Colombo, to commemorate the 1965 war events and sacrifices rendered by valiant Pakistan’s armed forces. The event attracted large gathering including Sri Lankan Government Ministers, Chief of Defense Staff, Commanders of Armed Forces of Sri Lanka, High […]
G-20 nations promise to avoid competitive devaluations
Sept 06, 2010 (LBO) – Finance ministers and central bankers from the Group of 20 nations have promised to avoid competitive devaluations after a two-day meeting in Turkey.“We will refrain from competitive devaluations, and resist all forms of protectionism,” G20 finance minsters and central bank governors said.During the meeting an official of the People’s Bank […]
EU Observation Mission distributes equipment to Sri Lankan civil society
On its way to concluding the EU EOM to Sri Lanka which witnessed a well administered 2015 Parliamentary elections, the EU EOM on 3 September distributed a wide variety of equipment to Sri Lankan civil society members.Accepting that civil society must be able to relay and receive information in an effective manner, not only during emergency operations but […]
Asian stocks up as China takes long week-end break
Sep 03, 2015 (LBO) – Asian markets opened higher on Thursday, following a Wall Street rally on Wednesday and stronger commodity prices, foreign media reports said. Japan’s benchmark Nikkei index was up 1.8 percent to 18,412.2 in early trade. While, In South Korea, the benchmark Kospi index was higher by 0.8 percent at 1,929.6 after […]
‘s SMEs need more growth capital to be competitive: ADB
Sep 03, 2015 (LBO) – Sri Lanka’s and the rest of Asia’s small and medium sized enterprises (SMEs) need finance to help them grow into dynamic, internationally competitive companies, an Asian Development Bank (ADB) report said.This is key to strong, sustainable growth in Asia as the world recovers from the recent global economic slowdown, says […]