Category: Other
South Asia Not Taking Full Economic Advantage of Urbanization: World Bank
Sep 25, 2015 (LBO) – South Asian countries have struggled to make the most urbanization and transform their economies to join the ranks of richer nations, a World Bank report released Thursday said. Difficulty in dealing with the pressures that increased urban populations put on infrastructure, basic services, land, housing and the environment have fostered what […]
‘ Chefs top medals list at Culinary Expo 2015
The culinary artists of SriLankan Catering showcased their creative prowess by claiming the highest number of medals at the recently held Culinary Expo 2015 exhibition.SriLankan Catering team bagged a staggering tally of 53 medals which was inclusive of 13 gold medals, 22 silver medals and 18 bronze medals.The team claimed the highest number of medals […]
700 pilgrims killed in worst Haj tragedy in 25 years
Sept 25, 2015 (LBO) – More than 700 pilgrims have died in a crush outside the Muslim holy city of Mecca, with a further 800 people injured, media reports said. This is the worst disaster in 25 years to occur during the holy pilgrimage. The Saudi King Salman has said he has ordered a review […]
Lamudi speaks to Head of Sales, Shangri-La Lanka
COLOMBO, 23 September 2015: Aside from noticeable evidence, the growth of the economy, specifically the real estate and tourism sectors in Sri Lanka, have been repeatedly publicised over the post-war period.Yet, how do international investors perceive it? Neluka De Alwis, Head of sales and marketing of Shangri-La Hotels Lanka (Private) Limited, said: “Since the end […]
Developing Asia needs to strengthen women’s place in the labor market: ADB
Sep 23, 2015 (LBO) – Taking strong proactive measures to get more women into productive, well-paid jobs, entrepreneurship, and leadership positions will bring multiple and long-lasting economic and social benefits to developing Asia, the ADB said. According to the ADB’s annual economic publication, Asian Development Outlook 2015 women’s participation in Asia’s workforce has actually fallen […]
CSE employee in Top Ten Best Speakers of World
The Colombo Stock Exchange (CSE) proudly recognises the achievement of a member of its staff, Arfath Saleem of the Human Resources Division who competed at the World Championships of public speaking in Las Vegas, USA from August 12-15, 2015.Saleem was placed amongst the top 10 speaker of the world.Following several competitions at club, area, division […]
Serendib Awards to honor Sri Lankans in Australia
In true Kandy Perahera-style with Red carpet & black tie, Grammy style the small but active multicultural Awards is happening in heart of Melbourne for Sri Lankan community who celebrates its annual awards for excellence – The Serendib Awards – with a grand festival, on Friday 2 October 2015 from 05.30pm onwards at The Grand, […]
Developing Asia’s Growth Outlook Pressured by China, India Moderation – ADB
Sep 22, 2015 (LBO) – Developing Asia’s growth projection for 2015 is to be pressurized due to softer growth prospects of China and India and a slow recovery in the major industrial economies, Asian Development Bank says in a report. In an update of its flagship annual economic publication, Asian Development Outlook 2015 (ADO 2015), ADB now […]
Volkswagen shares plunge 20 pct on admission of rigged emission tests
Sept 22, 2015 (LBO) – Shares of Volkswagen fell nearly 20 percent on Monday after the German carmaker admitted it had manipulated emissions tests of diesel vehicles in the United States, media reports said. The U.S. Environmental Protection Agency on Friday accused the carmaker of using software that tricked regulators who measured emissions from these […]
US Embassy empowers youth to improve local communities
The United States awarded nearly 0,000 (approximately LKR 21,000,000) to 16 civil society organizations as part of the U.S. Embassy’s annual Youth Empowerment Grants, an innovative way to provide seed funding for up-and-coming groups working on solutions to problems affecting youth across Sri Lanka.“This year’s International Day of Democracy emphasizes the critical role of civil […]
Sri Lanka Association of Inbound Tour Operators gets a new president
Devindre Senaratne, the Managing Director of JourneyScapes Private Limited as elected as the President of the Sri Lanka Association of Inbound Tour Operators (SLAITO) at the 35th Annual General Meeting of the Association, which was held recently at the Coco Royal Beach Resort, Waskaduwa. In the meantime, Mr. Harith Perera, Managing Director of Diethelm Travel […]
A Nostalgic Moment for LAUGFS
LAUGFS recently celebrated its 20th anniversary by taking a journey back to its cultural roots, in the historic city of Anuradhapura. Over 500 employees from across all LAUGFS companies joined together with the Group Chairman, Mr. W. K. H. Wegapitiya and Group Managing Director, Mr. Thilak De Silva in gratitude for LAUGFS’s remarkable achievements on […]