Category: Other
Workshop held on Organic Agro Crops for Export
The full day workshop organized by TJ Associates on “Cultivation and Processing of Organic Agro Crops for Export “ concluded successfully on October 14, 2015 at Hilton Colombo Residencies attended by over 70 participants Mrs. Chandani Dias Abeygunawardene, Vice President – Projects was instrumental in organizing the workshop and conducting it with expertise gathered while […]
Alibaba founder Jack Ma appointed business adviser to David Cameron
Oct 20, 2015 (LBO) – China’s business tycoon Alibaba founder Jack Ma, has been appointed as the adviser to British Prime Minister David Cameron, Cameron’s spokeswoman said. “Ma will provide particular help and advice on how to get small- and medium-sized British businesses boosting their exports and in particular accessing Chinese markets through platforms like […]
China slowdown, foreign funding risks intensify for APAC economies: Fitch
Oct 19, 2015 (LBO) – Macroeconomic risks to the Asia-Pacific (APAC) region have intensified with Fed tightening cycle and a protracted China slowdown, Fitch ratings said in a statement. “A sharper-than-expected slowdown in China’s economy is likely to have broad-based negative implications for global and regional issuers,” the latest edition of Fitch Ratings APAC Risk Radar […]
GAAM crosses Rs5 bn mark in assets under management
Guardian Acuity Asset Management Ltd, which manages three unit trusts, passed an important milestone in its short history when it crossed the Rs 5 billion mark in assets under management (AUM) in early October this year. The firm which was recognised as the “Best new asset management company in Sri Lanka 2014” by the prestigious […]
Spanish tourists celebrate National Day with Aitken Spence Travels
Aitken Spence Travels celebrated the Spanish National day on the 12th October with Spanish tourists traveling during the same period. A group on an adventure tour and another group on a round-trip culture tour were hosted by Aitken Spence Travels for cocktails, anniversary cakes and specially organized calypso bands for entertainment on the national day […]
‘s drone assassination program
Oct 16, 2015 (LBO) – Amnesty International has called the US Congress to hold an immediate independent inquiry into the Obama administration’s drone strikes overseas following a series of leaks disclosing long-standing secrets of the global killing programme.“The Drone Papers,” leaked by an anonymous whistle-blower to the online media outlet The Intercept, reveal the startling […]
US budget deficit drops to 2.5-pct in 2015; lowest since 2007
Oct 16, 2015 (LBO) – The United States Treasury Department on Thursday said country’s budget deficit has dropped to 2.5 percent of GDP in 2015, the lowest since 2007 and less than the average of the last 40 years.Year-end data from the September 2015 Monthly Treasury Statement of Receipts and Outlays of the United States […]
‘Sri Lanka – One Island, Thousand Treasures’ at 2015 Paris Travel Fair
Sri Lanka Tourism gathered momentum at the recently concluded IFTM Travel and Tourism Fair in Porte De Versailles –Paris, France, by making strong marketing statement for the country by showcasing the destination under the theme “Sri Lanka – One Island, Thousand Treasures”. The 37th edition of the world’s third largest travel show IFTM Top Resa […]
” in global Batik map
Sri Lanka’s apex export facilitator EDB stepped up its efforts to stamp ‘Brand Sri Lanka’ in the global Batik map–and linking with top institutional stakeholders, EDB is directly accessing the SMEs of the country in this new initiative, as announced on 8 October. “24 leading Lankan SME Batik manufactures are displaying their samples today to […]
SriLankan new CEO Captain Suren Ratwatte assumes duties
Captain Suren Ratwatte assumes duties as the Chief Executive Officer of the national carrier, SriLankan Airlines, today (October 15, 2015).Capt. Ratwatte is an Airline Pilot with over 30 years of experience in the field whose first appointment was with SriLankan’s predecessor, Air Lanka in 1984. Thereafter, he joined Emirates in 1989, where he held several […]
‘s cricket team gets stylish with off-duty kurtas
Al Karam Studio has designed an outfit for the women’s cricket team which will serve as their official non-playing kit, and we are big fans of the simple, feminine look.Images talked to the design team at Al Karam Studio about the outfit they’ve designed.“Keeping in mind that [the women’s cricket team] are seen as role […]
US economic expansion modest in past two months: Federal Reserve
Oct 15, 2015 (LBO) – The United States experienced a continued modest expansion in the past two months, releasing its district report yesterday, the US Federal Reserve said.Commonly known as the Beige Book, the report is published eight times per year and each Federal Reserve Bank gathers information on current economic conditions in its District […]