Category: Other
ODEL launches ‘Into the Woods’ fall collection with glitzy fashion show
Fall inspires new fashion trends around the world, and Sri Lanka is no exception with ODELgiving local fashionistas an opportunity to experience the ‘forest couture’ that is dominating runways in the fashion capitalsof the world, with the launch of two new collections featuring dark and gloomy designs rich with earthy tones that take style lovers […]
Commercial Bank to reward online bill payments
The Commercial Bank of Ceylon has announced it will reward customers for usage of the Bank’s Online Banking facility with Rs 1.5 million in cash prizes over the next three months.A total of 300 customers are to be drawn for these cash prizes from those who pay bills to the cumulative value of Rs 2,500 […]
50th Defense Day of Pakistan celebrated in Colombo
The High Commission of Pakistan in Sri Lanka celebrated the 50th Defense Day of Pakistan last evening in Colombo, to commemorate the 1965 war events and sacrifices rendered by valiant Pakistan’s armed forces. The event attracted large gathering including Sri Lankan Government Ministers, Chief of Defense Staff, Commanders of Armed Forces of Sri Lanka, High […]
G-20 nations promise to avoid competitive devaluations
Sept 06, 2010 (LBO) – Finance ministers and central bankers from the Group of 20 nations have promised to avoid competitive devaluations after a two-day meeting in Turkey.“We will refrain from competitive devaluations, and resist all forms of protectionism,” G20 finance minsters and central bank governors said.During the meeting an official of the People’s Bank […]
EU Observation Mission distributes equipment to Sri Lankan civil society
On its way to concluding the EU EOM to Sri Lanka which witnessed a well administered 2015 Parliamentary elections, the EU EOM on 3 September distributed a wide variety of equipment to Sri Lankan civil society members.Accepting that civil society must be able to relay and receive information in an effective manner, not only during emergency operations but […]
Asian stocks up as China takes long week-end break
Sep 03, 2015 (LBO) – Asian markets opened higher on Thursday, following a Wall Street rally on Wednesday and stronger commodity prices, foreign media reports said. Japan’s benchmark Nikkei index was up 1.8 percent to 18,412.2 in early trade. While, In South Korea, the benchmark Kospi index was higher by 0.8 percent at 1,929.6 after […]
‘s SMEs need more growth capital to be competitive: ADB
Sep 03, 2015 (LBO) – Sri Lanka’s and the rest of Asia’s small and medium sized enterprises (SMEs) need finance to help them grow into dynamic, internationally competitive companies, an Asian Development Bank (ADB) report said.This is key to strong, sustainable growth in Asia as the world recovers from the recent global economic slowdown, says […]
Germany adds zest to Ceylinco Life’s ‘Family Savari 9’ promotion
Ceylinco Life has stimulated fresh interest in its ‘Family Savari’ mega promotion with the announcement today that five policyholders and their families will win an all-expenses-paid holiday in Germany as the grand prize of the 2016 edition of this annual extravaganza. The addition of an exciting and aspirational new destination each year has become a […]
Nestlé Lanka PLC Opens Trading at CSE
Nestlé Lanka PLC (NEST) opened trading on the Colombo Stock Exchange (CSE) today. This event was yet another in a series of Market Opening Ceremonies, featuring the companies from the S&P SL20 index. Managing Director Mrs. Shivani Hegde, Non-Executive Director Mr. Mahen Dayananda, Non-Executive Director Mr. Ranjan Seevaratnam, Executive Director and Vice President – Finance […]
Commercial Bank supports ‘Construct 2015’ as Official Banker
Commercial Bank supported Sri Lanka’s construction sector as Official Banker to ‘Construct 2015’ one of the largest construction sector exhibitions in the South Asian region.Organised annually by the National Construction Association of Sri Lanka (NCASL), Construct 2015 took place for the 15th consecutive year on the 28th, 29th and 30th of August at the Sirimavo […]
US Embassy to build 8 schools in East for USD3.3mn
On Friday, August 28, the U.S. Embassy signed a Memorandum of Understanding to build 8 schools for the different communities throughout the Eastern Province with Governor Austin Fernando and the support of the Eastern Provincial Council.These schools will be an investment of .3 million (nearly 450 million Sri Lankan Rupees) to build education facilities that […]