Category: Other
Lanka exports chief Egodage steps down, new CEO this week
As officials, staff and even trade union reps rallied around to heap praise on his initiatives, the outgoing EDB Chairman and CEO Bandula Egodage –the eleventh Chairman to hold the office-was quick to stress that he is not entirely quitting the country’s exports regime on 28 October. “Though I am stepping down from EDB today, […]
Three Sri Lankans honoured by Japanese Foreign Minister
Kenichi Suganuma, Ambassador of Japan, formally awarded the Foreign Minister’s Commendations to Upali Stanley Jayasekera, Chitral Jayawardane and G.Kulatilake of Sri Lanka, at a special ceremony held on 26rd October, 2015 at the Ambassador’s residence in Colombo.The Foreign Minister’s Commendations are awarded to individuals and groups for their outstanding achievements in international fields, to acknowledge […]
Over 60 pct of World Economies Improved Business Rules: WB
Oct 28, 2015 (LBO) – Developing economies quickened the pace of their business reforms during the last 12 months to make it easier for local businesses to start and operate, says the World Bank Group’s annual ease of doing business measurement. “A modern economy cannot function without regulation and, at the same time, it can […]
Blog: Capitalism does not self correct towards equality, says Bill Gates
Oct 27, 2015 – (LBO) – Bill Gates, in a recent blog, reviewing Thomas Piketty’s book Capital in the Twenty-First Century, says capitalism does not self correct towards equality — a review that sounds remarkably socialist in orientation. He agrees with Piketty that: 1) High levels of inequality are a problem—messing up economic incentives, tilting […]
SPIKE – Meetup for Sri Lanka’s Tech Startup Ecosystem
Sri Lanka’s tech startup ecosystem is small but slowly gathering momentum.Over the past year, a monthly meetup called SPIKE Night has been the regular meeting point for startup entrepreneurs and others from the tech ecosystem. Unlike more formal events, SPIKE is intentionally casual.It’s a meetup where where tech startups and entrepreneurs get an opportunity to […]
Google Product Marketing Head Takes on Advisory Role at Auxenta
Former Google Product Marketing Global Head Takes on Advisory Role at Auxenta Colombo, Sri Lanka –Auxenta is pleased to announce that technology entrepreneur Sanjeev Agrawal, perhaps best known as Google’s first global head of product marketing, has taken on the role of product strategy advisor at Auxenta. While at Google as Head of Product Marketing (May […]
Sima Giselle calls Colombo Port
SIMATECH Shipping LLC, the world’s 27th largest carrier (Alphaliner – October 2015 ranking) celebrated its brand new Mv. Sima Giselle maiden port call on the 19th October 2015 at the Jaya Container Terminal (JCT) of Sri Lanka Ports Authority (SLPA).Mv. Sima Giselle the Singapore flagged vessel operated in the AGI (Asean – Gulf – Isc) […]
US seeks potential infrastructure assistance in South and East
Members of the U.S. Embassy and the U.S. Army Corps of Engineers recently traveled to the South and East to survey schools and medical facilities in disaster-prone areas to identify potential infrastructure assistance.The team visited schools from the Tamil, Muslim and Sinhalese communities across the Eastern Province, as well as schools and medical care facilities […]
BOI conducts an investment forum in Japan
Since Japan has now emerged as potentially major source for Foreign Direct Investment to Sri Lanka, the Board of Investment of Sri Lanka organized an investment promotion mission in that country recently. This mission was a collaborative effort between the BOI and Japanese government two Institutes Japan External Trade Organization (JETRO), Japan International Corporation Agency […]
FM meets UN Assistant Secretary General for Political Affairs
The United Nations Assistant Secretary General for Political Affairs Mr. Miroslav Jenča called on the Hon.Minister of Foreign Affairs Mangala Samaraweera at the Ministry of Foreign Affairs yesterday (21/10/2015).
Sri Lanka to tighten mandatory imprisonment for rapes and child abuses
Oct 21, 2015 (LBO) – Sri Lanka is to amend the penal code to tighten the mandatory imprisonment for the offenders of rapes and child abuses, Prison Reforms Minister Thilak Marapana said. According to government statistics 311 rape and 5,762 child abuse cases have been reported in the year 2014.Even though under the existing penal […]
DHL Express celebrates 35 years in Sri Lanka
DHL Express, the world’s leading international express services provider, marks 35 years of operations in Sri Lanka this year.DHL Express entered the Sri Lanka market in 1980 as the pioneering logistics company in the country. Today, the company records a dominant market share, meeting the shipping and business needs across an array of industries in […]