Category: Other
Central Bank of Sri Lanka – 8th International Research Conference
The 8th International Research Conference of the Central Bank of Sri Lanka was held on 7 December 2015 at the John Exter International Conference Hall of the Central Bank. The conference, organised by the Economic Research Department of the Central Bank, aims to stimulate research on current themes while providing a forum for researchers […]
Global climate agreement reached by 195 nations
Dec 14, 2015 (LBO) – A climate agreement reached at Paris climate talks has been hailed as the best chance of reaching global emission targets. All the world’s nations have agreed to a single document to cut greenhouse gas emissions which is regarded by many observers “historic”.The Kyoto Protocol of 1997 set emission targets but […]
Aitken Spence Travels hosts Top Travel agents from Egypt
Top travel agents from Egypt were hosted in Sri Lanka by Aitken Spence Travels for a five-day educational tour in collaboration with the Sri Lankan Embassy in Cairo and airline partner Emirates Airlines recently. The objective of the familiarization visit was to give them a first-hand experience of the product on offer and ensure that […]
” rating
Fitch Ratings Lanka has assigned Sri Lanka-based Sunshine Holdings PLC (Sunshine Holdings) a National Long-Term Rating of ‘A(lka)’ with a Stable Outlook.Sunshine Holdings’ rating reflects the defensive nature of its key operating subsidiaries, their leading market positions and strong free cash flow (FCF) generation.The rating also takes into account Sunshine Holdings’ low group leverage, which […]
Should you invest in a rental property?
The rental market in Colombo and its suburbs, including Malabe, Battaramulla and Wattala, is growing, as property prices increase. With property prices on the rise, owners in Colombo are in a fortunate position. They can either sell their home with a very high profit margin or simply rent it out to earn short or long-term […]
Uber officially launches in Sri Lanka
Dec 09, 2015 (LBO) – Uber, a global ride sharing company with an on-demand technology platform and app that connects commuters who need a ride and licensed drivers, announced the official launch of its uberX product in Colombo, Sri Lanka, Wednesday. “Demand for Uber is rapidly growing as more and more residents and tourists in […]
CA Sri Lanka launches Mobile App
In its continuing efforts to remain current and progressive, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently launched it’s corporate mobile app.The mobile app which was launched by the President of CA Sri Lanka Mr.Arjuna Herath, is available for users using mobile phones with Android, IOS and Microsoft operating systems. The CA Sri […]
Emission cut pledges at COP 21, Beijing issues smog red alert
Nov 08, 2015 (LBO) – Just 10 nations are sitting on the sidelines of the Paris climate talks with talks entering their second week after 185 countries made pledges to reduce emission of greenhouse gases.So far the pledges, termed Intended Nationally Determined Contributions, are estimated to limit the temperature increase to 2.7 degrees Celsius. Although […]
SriLankan Airlines resumes operations to Chennai
Dec 07, 2015 (LBO) – Subsequent to the scheduled opening of the Chennai International Airport, SriLankan is to resume operations with the flights UL 127 and UL 128 tomorrow, the airline said. SriLankan has deployed an Airbus A330 aircraft for the flight UL 127 which will leave Colombo at 1345 hours to reach Chennai at […]
Litro Gas shows 30 pct growth, completes terminal at Hambantota
Press Release: The national LPG (liquid petroleum gas) company has exhibited a significant sales growth of above 30pct in the domestic market during the first 10 months of this year. This complements with the imposed price reductions by the government. The recent decision taken by the government to reduce the price of 12.5Kg domestic LP […]
Chamber wins GOLD at ICASL Annual Report Awards
The Ceylon Chamber of Commerce won the ‘GOLD’ award for Overall Excellence in Annual Financial Reporting under the Not-For-Profit organizations category at the grand finale of the 51st Annual Report Awards Competition, organized by the Institute of Chartered Accountants of Sri Lanka. This is the 5th time, the Ceylon Chamber has won a Gold for […]
Beware of fake LinkedIn profiles: Symantec
Dec 07, 2015 (LBO) – Global security software giant Symantec calls the users of LinkedIn to be skeptical when using the service as incidents involving fake LinkedIn accounts are on the rise.Boasting over 400 million users, the Business-oriented social networking service, is a prime target for scammers looking to connect with professionals in a variety […]