Category: Other
ESET appoints Kumar Sangakkara as Brand Ambassador in Sri Lanka
ESET, a global leader in IT security, recognized as a pioneer of proactive protection against cyber threats and secure content management, recently appointed Sri Lanka’s favourite cricketer and former captain of the Sri Lankan national team, Kumar Sangakkara, as their Brand Ambassador in Sri Lanka. Considered a gentleman cricketer for his unique style of cricket, […]
Uni of Kelaniya organizes Inter University Best Speaker Contest
BEST SPEAKER 2015: TRANSCENDING BOUNDARIES OF COMMUNICATION For most people, public speaking is a daunting task. But for undergraduates, it is very important to be able to speak in front of people, deliver oral presentations, and be confident at interviews & business meetings. The University of Kelaniya Gavel Club, is a pioneer in training undergraduates […]
China launches international payment system
Oct 08, 2015 (LBO) – China’s central bank on Thursday launched the first phase of the China International Payment System in a bid to open their currency to the rest of the world.With the new system businesses will facilitate cross boarder yuan transactions while increasing the efficiency and its global usage, China Central Bank said.New […]
LBR LBO infrastructure summit announced to media
Oct 08, 2015 (LBO) – There is an urgent need to move forward with intelligent urban design and development if Sri Lanka aspires to make Colombo a regional hub.This was the call of the organizers of LBR LBO’s infrastructure summit “Making Colombo a Globally Competitive City,” which will be held on November 3rd and 4th […]
Sri Lanka tea prices hit lowest levels since March 2012
Oct 08, 2015 (LBO) – Sri Lankan tea prices have come down to it’s lowest levels since March 2012 with low grown varieties the worst affected, latest data shows.The Colombo tea auction monthly average price for September 2015 was down 71.33 rupees to 368.18 rupees a kilo from 439.51 rupees in 2014, Forbes and Walker […]
MTD Walkers unveils their new identity ‘Walkers CML’
Integrated infrastructure and engineering solutions provider, MTD Walkers PLC unveiled their new brand identity ‘Walkers CML’ in line with its 162nd anniversary celebration.Since 1854, the brand Walkers has been synonymous with innovation and excellence in Sri Lanka, extending its expertise in sectors such as civil, marine, mechanical, electrical engineering work, pile construction, power generation, manufacture […]
Prime Minister Ranil Wickremesinghe meets Emperor of Japan
Prime Minister Ranil Wickremesinghe and his wife called upon the Emperor of Japan Akihito and Empress Michiko at the Imperial palace in Tokyo today morning.
China Forex reserves posts record quarterly drop
Oct 07, 2015 (LBO) – China’s foreign exchange reserves has posted a record drop in September quarter after its central bank intervened into the market to stabilize the yuan. Its foreign exchange reserves have fallen to 3.51 trillion US dollars at the end of September, People’s Bank of China said. The reserves decreased by 43.26 billion […]
Microsoft unveils its first ever laptop, Surface Book
Oct 07, 2015 (LBO) – Microsoft today unveiled its first ever laptop, the Surface Book as part of its new product package designed especially for windows 10. Surface Book is a powerful laptop combining a 6th Gen Intel Core i5 or i7 processor with up to 16GB of memory and an optional discrete graphics chip. […]
Tell us about your industry!
Tell us about your industry! You can email us at lbonews@gmail.com. We would like to hear about your experiences whether it is in tea planting, rules of taxation, or papaya exports. What regulations affect ease of doing business? We can channel your complaints to the relevant authority.Tell us if you do not wish to disclose […]
Embark opens mini concept store at BIA
Visitors to Sri Lanka as well as Sri Lankans travelling overseas can now support the country’s brand with a cause and live the passion prior to departure, following the opening of an independent Embark store at the Bandaranaike International Airport (BIA) Katunayake. Hot on the heels of the opening of the first independent Embark store […]
‘s ratings after merger
Oct 07, 2015 (LBO) – Fitch Ratings has withdrawn DFCC Vardhana Bank (DVB) National Long-Term Rating of ‘AA-(lka)’ with Stable Outlook, a statement said. “At the same time, Fitch has also withdrawn the ‘AA-(lka)’ rating on DVB’s Basel II-compliant senior debentures and the ‘A+(lka)’ rating on its Basel II-compliant subordinated debentures,” it said. Full statement is attached: […]