Category: Other
‘s climb
May 31, 2016 (LBO) – Mountaineering duo Jayanthi and Johann have returned to Sri Lanka following their successful expedition to the top of the world, with a heart-stopping story to relate. At just before 5:00am, local time, on 21st of May, 2016, Jayanthi Kuru-Utumpala summited Mt Everest at 29,029 feet. “It was a dream come […]
Japanese PM to delay consumption tax hike; possible no-confidence
May 30, 2016 (LBO) – Japanese Prime Minister Shinzo Abe has met top executives of his Liberal Democratic Party to discuss the proposal to delay the scheduled April 2017 consumption tax hike. Japanese media reported that Vice-President Masahiko Komura, General Council Chairman Toshihiro Nikai, and Policy Research Council Chairman Tomomi Inada were among them. Shinzo […]
London Stock Exchange Group enters into agreement with Sri Lanka’s BOI
The Board of Investment of Sri Lanka signed an agreement with “London Stock Exchange Group” (LSEG) to set up their global business services arm in Sri Lanka. The agreement was signed by Mr. Upul Jayasuriya, Chairman of the BOI of Sri Lanka and Mr. Martin Ryan, LSEG Group Head of Shared Services. Also present were […]
More landslide threat in Sri Lanka, says NBRO
May 30, 2016 (LBO) – Sri Lanka’s National Building Research Organization (NBRO) issued an alert for landslide prone areas on Sunday and asked people to always pay attention to pre-landslide signs. According to the alert, all mountainous areas, man-made cut slopes and roads, especially all the landslide susceptible areas previously identified by NBRO, in the districts […]
Norway State Secretary in Sri Lanka tomorrow
State Secretary of the Ministry of Foreign Affairs of Norway, Tore Hattrem, is scheduled to visit Sri Lanka from 31 May – 2 June 2016. The State Secretary will meet the Minister of Foreign Affairs on 31 May where discussions are expected to take place on follow-up to the visit in January this year of […]
Minister Nimal Siripala de Silva heads Sri Lankan delegation at First World Humanitarian Summit
Minister De Silva, participating at the WHS representing President Maithripala Sirisena, stated that the UN Secretary General Ban Ki Moon’s “Agenda for Humanity” provides a strategic framework to prevent the humanitarian crisis and mitigate the effects. However, he stressed that action to implement the core responsibilities articulated in the WHS, should be aligned with the […]
Sri Lanka’s PM meets S. Korea PM and UN Sec. Gen. at Rotary conference
Sri Lanka’s Prime Minister Ranil Wickremasinghe met several leaders including South Korean Prime Minister Hwang Kyo-ahn and UN Secretary General Ban Ki Moon at the International Rotary Conference held in Seoul, South Korea. Several leaders of states and more than 50,000 Rotary members representing 160 countries attended the conference where Wickremasinghe made a special speech.
Sri Lanka’s power regulator ask licensees for regulatory accounts
Public Utilities Commission of Sri Lanka has issued a set of accountancy guidelines to licensees who are in the business of electricity generation; transmission and distribution, in order to gain more information for the process of regulatory decisions making. According to the tariff methodology designed by the Commission, the determination of allowed revenue requires information […]
IIT launches Sri Lanka’s first MSc in big data analytics
Informatics Institute of Technology (IIT) announced a groundbreaking partnership with Robert Gordon University, Scotland to deliver a Big Data Analytics MSc post graduate degree programme.Industry leaders applaud this milestone as a much needed programme in the context of Big Data trends in the world today and feel it will help in national competitiveness as there […]
LankaClear celebrates a decade of T+1 cheque clearing
LankaClear (Pvt) Ltd., the company that operates LankaPay – the National Payment Network of Sri Lanka and functions under the supervision and guidance of the Central Bank, celebrated the 10th year anniversary of launching their revolutionary Cheque Imaging and Truncation System (CITS) recently. CITS handles all the domestic interbank rupee cheque clearings in the country. […]
University of Wales MBA Society to launch with “Encoro”
The official University of Wales- MBA Society in Sri Lanka was established for the first time to commemorate the seasoned professionals currently enrolled in the program as well as the highly recognized and competent alumni of the program scattered in various multinationals and blue chip corporates in Sri Lanka and overseas. We believe that the […]
Revolutionary ONE ACCOUNT powered by NDB Wealth
Expert financial planner NDB Wealth has taken a leadership role in promoting NDB Bank’s revolutionary ONE ACCOUNT initiative. NDB ONE ACCOUNT is initially offered solely at NDB Bank’s Nawam Mawatha Head Office in Colombo 02. An innovative way to deposit, save, invest, withdraw and build financial plans, all in one place, at one bank, the […]