Category: Other
Valentine’s Day offer from SriLankan Airlines
SriLankan Airlines gives you an exciting way of celebrating Valentine’s Day this year with discounted fares of up to 25% off on Business class and 20% off on Economy class fares booked through the airline’s official website Srilankan.com. The discounted tickets can be booked on www.srilankan.com on the 13th and 14th February 2020. Tickets are […]
Proposals for a new constitution presented to President
Feb 14, 2020 (LBO) – A set of proposals containing facts that should be taking into account when formulating a new Constitution was presented to President Gotabaya Rajapaksa. The proposals on new Constitution compiled by the Yuthukama organisation under the theme ‘proposals to formulate a new Constitution for a strong state ‘ was presented to […]
Tribute: Upali Wijewardene 1938 – 1983
February 13, 2020 (LBO) – By: Ranjit Hulugalle On February 13th 1983, Upali Wijewardene’s plane went missing, and the tycoon was thus gone too soon at the tender age of 44. Whilst there are many theories about what happened, the one that I tend to believe is that there was some malfunction in his Lear […]
WFP & S4IG partner to address poor nutrition in Sri Lanka
The United Nations World Food Programme (WFP) and Skills for Inclusive Growth (S4IG), an initiative of the Australian Government, have signed an agreement to work together to promote healthy diets. One of the key features is a collaboration with Supreme Chef, a popular competitive cooking TV show in Sri Lanka. “We are excited to partner […]
Experts suggest blue ocean strategy for Ceylon Tea
Feb 13, 2020 (LBO) – The strategy experts suggest that the Sri Lanka tea industry should consider adopting the blue ocean strategy for it’s profitably and sustainability. The comments were made at a seminar organized by Tea Exporters Association recently under the theme of “Inventing New Horizons for Ceylon Tea” with the objective of finding […]
Haycarb records PBT of Rs1,578mn for 9 months
The Sri Lankan multinational Haycarb PLC reported revenue of Rs. 17.6 billion and profit before tax of Rs. 1,578 million for the nine months ending 31st December 2019. The profit after tax stood at Rs. 1,275 million. Haycarb PLC Managing Director, Mr. Rajitha Kariyawasan said, “the growth in turnover and profitability is attributable to the […]
Chief of Naval Staff of Pakistan Navy visits Hambantota Intl Port
Admiral Zafar Mahmood Abbasi, Chief of Naval Staff of the Pakistan Navy and a delegation of officers visited the Hambantota International Port recently. They were welcomed by CEO of HIPS, Captain Ravi Jayawickreme and briefed on various aspects of the development of the port. (Media Release)
HNB Finance first IPO since January 2018
HNB Finance Limited, a licensed finance company has obtained approval from the Colombo Stock Exchange to list its voting and non-voting ordinary shares. The ordinary voting shares will be listed by way of an IPO via an Offer for Sale of 10mn shares at a price of Rs. 5.70 per share while the ordinary non-voting […]
Land an investment tool: Creates greater appeal for affluent
Land has been a commodity that has been looked upon as an investment for generations. The general understanding is to obtain land for housing or commercial purposes. However, land purely as a tool of investment has increasingly become an area of interest. The annual increment of land value every year is stipulated to be around […]
Opinion: Girls in STEM, How is Sri Lanka faring?
Ashani Abayasekara Written for International Day of Women and Girls in Science on 11 February 2020 Sri Lanka is well recognised as a leader in gender-equal education in the developing world; World Bank statistics show that primary and secondary school enrollments and completion rates are similar for girls and boys, while girls have higher enrollment […]
” wins best picture & makes history
Feb 10, 2020 (LBO) – The 2020 Academy Awards belonged to “Parasite” and became the first foreign-language film to claim the award and the first South Korean film ever to win an Oscar. The South Korean film won four Oscars, including the biggest prize: Best Picture. Director Bong Joon-ho stole the show at this year’s […]
Central Environment Authority awards Melting Point Certification to ODEL
The Central Environment Authority (CEA) recently awarded ODEL PLC Sri Lanka the ‘Melting Point Certification’ as a certified partner of its aluminum upcycling project. The latest project aims to increase awareness about environmental pollution and the importance of recycling through the production of handmade upcycled aluminum products available for sale at all ODEL outlets. The […]