Category: Other
International Youth Day 2015 Celebrations in Colombo
State Ministry of Youth Affairs and the United Nations jointly organise event to mark IYD 2015 (UN Press Release) – Colombo, 12th August, 2015 – The International Youth Day, which falls annually on the 12th August 2015, was marked by an event conducted by the United Nations (UN) in Sri Lanka in collaboration with the […]
Cinnamon and John Keells Foundation join hands with University Of Colombo
Cinnamon Hotels & Resorts together with John Keells Foundation announced their partnership with the University Of Colombo (UOC) and the Faculty of Management and Finance for the successful implementation of a Bachelor of Business Administration (BBA) degree in Hospitality and Leisure Management at the university. This is a landmark arrangement as it is the first […]
Nestle to be sued for nearly USD100mn by India for unfair trade practices
Aug 13, 2015 (LBO) – India’s government Wednesday said that it has filed a suit with the country’s top consumer court, National Consumer Disputes Redressal Commission, for 6,400 million rupees (.6m) in damages from the Indian arm of the Swiss food giant Nestle.The complaint was filed under “unfair trade practices,” foreign media reported.The country banned […]
Asian stocks rise, Yuan lower for third consecutive day
Aug 13, 2015 (LBO) – Asian shares extended early gains on Thursday following a recovery on Wall Street and efforts by China’s central bank to slow the sharp descent of the yuan, foreign media reports said. The Shanghai Composite rose by 0.8 percent to 3,916.68 points in early trading, Thursday on hopes the lower yuan […]
Dialog Ideamart Partners with UNDP Sri Lanka to Pioneer Techno-Social Innovation
Sri Lanka’s first social innovation hackathon (UNDP Media Release) – 11th August, UN Compound, Colombo. Country Director of the United Nations Development Programme [UNDP] in Sri Lanka, Mr. Joern Soerensen and Dialog Axiata PLC General Manager – Product Service Innovation, Mr.Venura Mendis signed a partnership agreement today to hold Sri Lanka’s first social innovation hackathon.Titled, […]
Greece and creditors agree on new euro bailout deal
Aug 11, 2015 (LBO) – Greece and its international creditors have agreed on a new multi-billion euro bailout deal, Tuesday following continued talks, foreign media reports said. “Greece and its international lenders were locked in talks overnight to seal a multibillion-euro bailout deal, racing against a countdown to European Central Bank (ECB) debt repayments falling […]
Google to become a subsidiary of Alphabet under major restructuring plan
Aug 11, 2015 (LBO) – Google is to restructure their operations making it cleaner and more accountable for the company, its co-founder and CEO Larry Page said in a blog post. The company is creating a new company, called ‘Alphabet’ which is mostly a collection of companies; the largest of which is Google. Today’s news […]
Sri Lanka Red Cross clarifies loaning a “Defender” to Siriliya foundation
Aug 11, 2015 (LBO) – Sri Lanka Red Cross Society says it is unaware of the activities and maintenance of the Land Rover Defender that was loaned to Siriliya Saviya Foundation following an official request.The vehicle is now in the possession of the Criminal Investigation Department probing the murder of rugby star Wasim Thajudeen, the […]
Australian High Commissioner calls on the Chief of Defence Staff
(Press Release) – Australian High Commissioner HE Robyn Mudie and Defence Adviser Captain Jason Sears recently called on the Chief of Defence Staff, Air Chief Marshal Kolitha Gunatilleke, and the Commander of the Sri Lanka Navy, Vice Admiral Ravindra Wijegunaratne, to congratulate the officers on their recent appointments. The meetings were also useful opportunities to […]
Finance Minister visits Fort Manning Market
Finance Minister Ravi Karunanayake today (10) visited Fort Manning Market…
SLSBC concludes Trade and Investment Promotion Mission to Singapore
(CCC Press Release) – The Sri Lanka- Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce successfully concluded a business mission to Singapore from 29th– 1st August 2015. The mission was organized to coincide with the SBF Seminar on Doing Businessin Sri Lanka followed by One-to-One Business Meetings which was organized by the Singapore […]