Category: Other
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 […]
MillionSpaces takes centre-stage at SLASSCOM’s Innovation Awards 2019
MillionSpaces, an online marketplace where users discover and book unique spaces and venues for various events, was bestowed with the 1st Runner-Up for the highly-coveted ‘Best Disruptor Award’ at the annual ‘Innovation Awards and Gala 2019’, hosted by SLASSCOM at the Shangri-La Hotel, Colombo recently. The awards recognize and celebrate innovators across a range of […]
Our message is same for Tajikistan, Pakistan or Sri Lanka: US Ambassador Wells
Feb 07, 2020 (LBO) – US Ambassador Alice Wells says that on Belt and Road Initiative or on China–Pakistan Economic Corridor, their message is the same whether they are engaging with Tajikistan, Pakistan, or Sri Lanka. Principal Deputy Assistant Secretary in the Bureau of South and Central Asian Affairs at the State Department, Alice Wells […]
Opinion: Measuring poverty within Sri Lanka’s new reality as upper-middle-income country
Wimal Nanayakkara Sri Lanka achieved ‘Upper Middle Income Country’ (UMIC) status in July 2019, as the country’s Gross National Income (GNI) increased from USD 3,840 per capita in 2018 to USD 4,060 per capita in 2019. World Bank’s (WB) new threshold for UMICs is USD 3,996 – USD 12,375 GNI per capita. Sri Lanka scraped […]
Outlook 2020 Forum to feature interactive panel discussion
The Chamber Academy will host the Ceylon Chamber’s annual Economic Outlook forum for 2020 on 10 February. The event serves as a good opportunity for the private sector to understand the new policy direction of the government and witness the new Governor of the Central Bank of Sri Lanka, Deshamanya Professor W.D. Lakshman address the […]
Sri Lanka gifts a consignment of Ceylon Black Tea to China
Feb 06, 2020 (LBO) – President Gotabaya Rajapaksa on Thursday gifted a consignment of world-renowned Ceylon Black Tea to the Chinese Ambassador Cheng Xueyuan to be sent to those affected by the Coronavirus. Ambassador Xueyuan on behalf of President Xi Jinping and the Government of the People’s Republic of China has thanked Sri Lanka for […]
Teejay posts 9-month PBT of Rs2.4bn on sales of Rs26.3bn
Teejay Lanka PLC has reported profit before tax of Rs 2.364 billion at Group level for the nine months ending 31st December 2019, an improvement of 56% over the corresponding period of the previous year. Sales for the period grew by 15% to Rs 26.3 billion the Company said, with revenue for the 3rd quarter […]
Tribute: Ladies College girl Viola Welikala turns 100 today
February 6, 2020 (LBO) – Some say only the good die young, however, I can assure you that this is not the case. Today at 100, one of the unknown greats is still very much alive in mind, body and soul. This great lady is my grandmother, Viola Welikala, who is 100 years of age […]
Mobitel & Thuru’s reforestation project shortlisted at GSMA Global Mobile Awards 2020
Mobitel and Thuru’s joint project – ‘Reforestation through Technology’ – has been shortlisted for the ‘Best Mobile Innovation for Climate Action award’ at GSMA Global Mobile Awards 2020, popularly known as the GLOMO Awards, scheduled to be held in Barcelona in February 2020, where winners will be announced. This recognition is yet another feather in the cap […]