Category: Other
Volkswagen to start emission scandal recalls in Jan
Oct 07, 2015 (LBO) – German auto manufacturer Volkswagen says they will start to recall cars affected by its emissions scandal in January, foreign media reports said. New chief executive of Volkswagen Matthias Mueller told German media that all affected cars will be fixed by the end of 2016. According to the media report, Volkswagen has […]
CSE Star Performers 2015 awards
The Colombo Stock Exchange held its staff award ceremony on the 12th of September titled “CSE Star Performers”.“We compete with ourselves to be better at what we do; therefore it’s of utmost importance for us to encourage our high performers and innovators this way” said the Chairman Mr. Vajira Kulathilaka who was the Chief Guest […]
‘s Leasing senior debt gets “AA-(lka)” rating: Fitch
Oct 07, 2015 (LBO) – Sri Lanka’s People’s Leasing and Finance Company has been assigned a B+/AA-(lka) rating for it’s proposed senior unsecured debentures of up to 6 billion rupees with a stable out look, Fitch Ratings said in a statement. The final National Long-Term Rating is ‘AA-(lka)’, the statement said. The full rating report […]
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The second annual ‘Chamber Cricket Championship 2015,’ organized by the Ceylon Chamber of Commerce will be held on the 10th October, 2015 at the Colombo Colts Cricket Club, with the participation of 36 teams. The six-a-side tournament, which was initially held during the year 2014 primarily aims to attract teams representing the local corporate sector. […]
Sri Lanka’s growth to increase to 5.6-pct in 2016: World Bank
Oct 05, 2015 (LBO) – Sri Lanka’s growth is expected to increase to 5.6 percent in 2016 with the increase in state sector workers and disposable income, a World Bank report said. “In Sri Lanka growth is expected increase to 5.6 percent due to higher public sector wages and higher disposable incomes,” the report said. […]
HSBC, CCC and IUCN to improve Knuckles conservation forest
Guided by the Forest Department, HSBC together with the Sri Lanka Business and Biodiversity Platform of the Ceylon Chamber of Commerce (CCC) and IUCN will begin working together on conserving and improving the mini watershed area of the Puwakpitiya Oya in the Knuckles Conservation Forest and Environmental Protection Area. This collaborative effort aims to enhance […]
LAHES partners with ATMC to provide Australian Qualifications
LAUGFS Higher Education Services (Pvt) Ltd (LAHES) has recently partnered with the prestigious Australian Technical & Management College (ATMC), offering recognized Australian undergraduate programs in the Business Management, Hospitality Management and Electronics & Telecommunications fields to students in Sri Lanka. The programs are specially designed for students who successfully complete the GCE “A” Level and […]
US 2017 Green Card lottery begins
Oct 02, 2015 (LBO) – 2017 Diversity Immigrant Visa Lottery Program also known as the “Green Card” lottery has been opened for on-line registration from yesterday to November 3, 2015, the US embassy in Sri Lanka said.The lottery allows randomly selected applicants the opportunity to interview for an immigrant visa, and if qualified, become legal […]
UN resolution on Sri Lanka adopted unanimously
Oct 02, 2015 (LBO) – The UN Human Rights Council resolution on Sri Lanka was adopted unanimously with it calling for a judicial process including foreign judges, to investigate alleged war crimes during the islands 30 year conflict. The resolution debated among the 47 member states over two days was adopted by consensus and […]
Miss Sri Lanka for Miss World finalists visits Arpico
A bevy of beautiful women added extra colour and glamour to Arpico Supercentres recently when the 15 finalists of the 2015 Miss Sri Lanka for Miss World pageant visited the Supercentres at Hyde Park Corner, Battaramulla and Dehiwela.Accompanied by the winners of the Miss Sri Lanka contests of 2012, 2013 and 2014, the women aspiring […]
Mangala meets US Ambassador Samantha Power
Foreign Minister Mangala Samaraweera met the US Ambassador to the UN Samantha Power and Deputy Representative to the UN Michele Sison in New York.
‘s govt plans to intervene in tea prices with purchases of Rs300mn
Oct 01, 2015 (LBO) – Sri Lanka’s plantation ministry said that it plans to300 million rupees from the auction to artificially raise the price of tea with savings from the money that government subsided for tea small holders.“We have passed this proposal to ministry of economic affairs and policy which is under the prime minister,” […]