Category: Other
UNDP launches year-long campaign to mark its 50 Year journey in Sri Lanka
2016 marks an important year for the United Nations Development Programme as it marks fifty years of UNDP working on the global frontlines of development, advocating for change and connecting countries to the knowledge, experience, and resources needed to help people build better lives. The world has changed immeasurably over the years, and UNDP has […]
Lanka Sugar posts Rs.1 bn profit
(PRESS RELEASE) – The state owned entity Lanka Sugar, which previously reported heavy losses, has reported a profit of one billion rupees by third quarter of 2016 in comparison to the loss one billion rupees in 2015. Upto third quarter (3Q) of 2016, Lanka Sugar’s Pelwatte and Sevanagala facilities cultivated 13164 hectares of sugar canes (an […]
Harmful recommendations include in constitutional reform reports: MR
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Virtusapolaris Colombo hosts second session of Sri Lanka robotics meetup
VirtusaPolaris Colombo hosted the second session of the Sri Lanka Robotics Meetup recently, where Dr. Lilantha Samaranayake, Senior Lecturer, Department of Electrical and Electronic Engineering, University of Peradeniya and Dr. Ruwan Gopura, Senior Lecturer, Department of Mechanical Engineering, University of Moratuwa delivered presentations on cutting edge robotics technologies. Dr. Lilantha presented on the topic “Affordable […]
Prime Ministers of New Zealand and Italy to resign
Dec 05, 2016 (LBO) – New Zealand Prime Minister John Key announced his resignation today backing his finance minister to take control saying it was the “right time” to leave politics. Key said he had no immediate future plans, but told media he would stay in Parliament long enough to avoid a by-election for his […]
Vista Rooms simplifies corporate travel bookings, Cuts travel costs by 20-pct
(PRESS RELEASE) – Corporates in Sri Lanka can now sit back and relax when it comes to business travel while Vista Rooms minimizes hassle and streamlines the entire company’s travel itineraries via its one stop shop for corporate travel. Vista Rooms simplifies complex and troublesome booking procedures with a saving of 10-20% on the cost incurred […]
Huawei initiates ‘Red Revolution’ with launch of GR5 2017
(PRESS RELEASE) – Huawei, the fastest growing smartphone brand in Sri Lanka, recently unveiled their latest device into their smartphone portfolio through an interesting and attention-grabbing launch segment which took place during the Singer Lifestyle Festival 2016 which was held at the BMICH. With Huawei’s goal on painting the town red with the brand’s launching […]
Fitch affirms Sunshine Holdings at A(lka); outlook stable
Fitch Ratings has affirmed Sri Lanka-based diversified conglomerate Sunshine Holdings PLC’s National Long-Term Rating at ‘A(lka)’. The Outlook is Stable. The rating on the company reflects its exposure to defensive end-markets, strong positions in the markets for its key products and strong free cash flow generation despite short-term pressures faced by some its key operating […]
SriLankan airlines to fly to Gan Island
(PRESS RELEASE) – SriLankan Airlines will consolidate its traditional positioning as the largest airline operation in the Maldives, by commencingservices to Gan Island on 1st December 2016, in the Indian Ocean island nation.Thus SriLankanAirlines will become the only airline to operate international flights toGan International Airport, with four flights per week. Accordingly, Gan Island operations will […]
Emirates offers up to 50-pct off on travel from Colombo
(PRESS RELEASE) –As festive cheer and the attendant frenzy of shopping begin to manifest, Emirates has unveiled an incredible pre-season sale in Sri Lanka, offering whopping fare discounts of up to 50 per cent to destinations around the world. Travellers who book and pay for their tickets before Saturday, 10th December 2016 will be benefitted […]
Brandix, IUCN collaborate to monitor Kelani River water
Dec 01, 2016 (LBO) – Sri Lankan apparel exporter Brandix will fund a project by the International Union for Conservation of Nature (IUCN) to monitor the water quality in the Kelani River Basin as a prelude to a larger initiative for the Basin’s management and conservation. “The first year of the project will encompass an assessment […]
Comm Bank, Dunamis Capital and Aitken Spence win at CSE Masterminds 2016
(PRESS RELEASE) – Commercial Bank of Ceylon PLC won the inaugural capital market quiz organized by the Colombo Stock Exchange (CSE) recently. Dunamis Capital PLC and Aitken Spence PLC emerged as the First and Second Runners-Up of the competition, which was held at the CSE Trading Floor. The competition, for which entrance was exclusive and […]