Nestlé Professional takes lead as Platinum Sponsor for Culinary Art 2015

(Nestlé News Release) – Nestlé Professional, the leading out-of-home food and beverage solutions provider of Nestlé Lanka, joined hands with the Chefs Guild of Lanka to become Platinum Sponsor for Sri Lanka’s largest food and trade exhibition, Culinary Art 2015. As one of the most sought-after food exhibitions for the F&B fraternity, attracting over 2,000 […]

Aspirations International Education Exhibition launched

Aspirations International Education Exhibition launched for the 9th consecutive year Launches Aspirations World of Medicine an initiative focused on high quality medical education career guidance Aspirations Education (AE) one of the leading international education, career guidance and student placement service centers in the country, launched its global education exhibition for the 9th consecutive year. This […]

Otara launches Foundation for environmental sustainability and animal welfare

July 13, 2015 (LBO) – Sri Lanka’s fashion entrepreneur and animal lover Otara Gunewardene, has launched a non-profit foundation dedicated to improving the lives of all animals, communities and the environment, a statement said. “There is no business that we engage in which is more important than preserving the environment we have been blessed with,” […]

Evaluate candidates using this Score Card before cast your vote: Paffrel

1. Does he/she possess a sufficient knowledge of the law making process that is the primary function of the Parliament?2. Is he/she a law abiding person? 3. Does he/she earn an income from anti social activities? 4. Does he/she accused of taking bribes?5. Does he/she harm the environment? 6. Does he/she misuse or abuse power? […]

Foreign Minister Mangala Samaraweera hosts Ifthar

Foreign Minister Mangala Samaraweera held an ifthar in Matara yesterday (09).Religious leaders, political leaders, diplomats from Muslim countries, businessmen and civil society were present at the gathering.Foreign Minister Samaraweera emphasized the multi-ethnic, multi-cultural and multi-religious nature of Sri Lanka and said that the friendliness between the Muslims and Sinhalese citizens of Matara made the city […]

Sri Lanka calls international partners to jointly operate Hambantota RO-RO hub

July 10, 2015 (LBO) – Sri Lanka calls for international partner to jointly operate a Roll-on-Roll-off (RO-RO) berth of Hambantota port considering the potentiality of developing it as a reshipping center.Cabinet Spokeman said, ships can easily reach East African countries and Western Australia directly from the Hambantota port which is situated between Singapore and Dubai […]

BRICS, emerging economies launch new development bank

July 10, 2015 (LBO) – Emerging economies, Brazil, Russia, India, China and South Africa (BRICS) launched a development bank and a currency pool, Thursday, foreign media reports said.“Countries attending a two-day summit in Russia for the world’s emerging economies, known as BRICS, have launched their biggest initiative to date: a development bank and a currency […]

Greek Banks extend daily limit on ATMs

July 09, 2015 (LBO) – The government of Greece has extended bank closures and a 66 US dollar daily limit on ATM withdrawals until Monday, Foreign Media reports said.The European Central Bank has decided not to increase support for Greek banks until the debt crisis is resolved, the report said. This is ahead of the […]

The NYSE resumes trading after technical failure; rejects reports of cyber attack

July 09, 2015 (LBO) – The New York Stock Exchange resumed its trading activities after the exchange facing a major technical failure that suspended trading on Wednesday afternoon.“The issue we are experiencing is an internal technical issue and is not the result of a cyber breach,” the NYSE said in a statement.“We chose to suspend […]

Chinese shares drop over 8-pct, amid regulators help

July 08, 2015 (LBO) – China’s main stock index, Shanghai Composite fell 8.2 percent at the start of trading Wednesday with the index dropping 4 percent to 3576.79, foreign media reports said. The smaller Shenzhen Composite fell 3.9 percent. The media report said, the slump came despite more moves by China’s regulators to try and […]

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