Category: Other
Mobitel & ‘CareerMe’ takes on career guidance for students, teachers and parents
Reiterating its pledge in leading Sri Lanka towards an info com and knowledge rich society, Mobitel, Sri Lanka’s National Mobile Service provider, has partnered with CareerMe, a fully-fledged career guidance app and web platform developed by a local company in partnership with an Australian body, to aid students, teachers, parents and other industry professionals alike […]
Daraz partners with department of Samurdhi development to uplift rural entrepreneurs
Daraz Sri Lanka partners with the Department of Samurdhi Development to enhance the economic engagement and success of small-scale entrepreneurs in rural Sri Lanka. This partnership will train and empower Samurdhi entrepreneurs and small manufactures to use the versatile Daraz platform – currently host to over 25,000 sellers, and over 1.5 million customers – to […]
Cabinet nod to increase estate worker daily wage to 1,000 rupees
Jan 15, 2020 (LBO) – Sri Lanka’s Cabinet of Ministers have decided that the minimum daily wage of estate workers to be 1,000 rupees with effect from March this year. It was also decided to take swift measures to develop all areas of the plantation sector including infrastructure facilities. The cabinet proposal tabled by the […]
Crystal Property Group raises Rs180mn equity investment from Singapore firm
Crystal Property Group Pvt Ltd (CPG), developers of Sri-Lanka’s first boutique condo hotel Crystal Sands – Villas in the Sky (www.crystalsands.lk) successfully raised a LKR 180 Million equity investment from a Singapore based investment firm focused on coastal real estate development. With this investment CPG will focus on further growth opportunities in Sri-Lanka’s real estate […]
US-Iran tensions: Sri Lanka urges all parties to act with utmost restraint
Jan 06, 2020 (LBO) – Sri Lanka urges all parties to act with utmost restraint and maintain peace and security through constructive dialogue in order to de-escalate the threat to the stability of the region. Releasing a statement on the growing tensions between the US and Iran, the Ministry of Foreign Relations said that Sri […]
Hong Kong based CMPort expands its global footprint in terminal operations
China Merchants Port Holdings (CMPort) and French Container Shipping Company, CMA CGM, entered into the Master Agreement which will see their jointly-owned business, Terminal Link, acquire an interest in 10 terminals owned by CMA CGM for $955 million. The terminals are Odessa Terminal (Ukraine), CMA CGM PSA Lion Terminal (CPLT) (Singapore), Mundra Terminal (India), Kingston […]
Mobitel offers attractive data plans for YouTube, Facebook and WhatsApp
Understanding the rapid demand for videos, Mobitel has announced the launch of its latest proposition, offering both Pre-Paid and Post-Paid customers to stream YouTube videos limitlessly for as low as Rs 249 per month. With this new offer, Mobitel Customers can now watch their favorite Movies, TV Shows, documentaries and listen to songs by simply […]
Richard Quest to feature Sri Lanka on CNN Business Traveller program
Jan 03, 2020 (LBO) – Global media icon Richard Quest will feature Sri Lanka and its recovery efforts post-Easter Sunday terror attacks on the latest edition of the CNN Business Traveller program. This program will be premiered on January 8, 2020, at 1230 pm Eastern Time Zone which will also uncover about SriLankan Airlines. As […]
Sri Lanka tea exports up in Nov 2019
Jan 02, 2020 (LBO) – Sri Lanka tea exports for November 2019 totalled 21.9 M/kgs, showing a marginal gain of 0.6 M/kgs vis-à-vis 21.3 M/kgs of November 2018, a new report showed. Packeted tea has shown a growth YOY, whilst bulk tea has remained static, Forbes and Walker Tea Brokers said in their monthly report. […]
2020 New Year celebrations around the world (VIDEO)
Jan 01, 2020 (LBO) – Major cities around the world kick-started the New Year with firework displays, dazzling performances, and shows. As the last revellers from around the world ring in, we looked at celebrations in some of the globe’s biggest cities and their glitziest displays. Sri Lanka’s premier digital business news provider, LankaBusinessOnline would […]
K C Vignarajah writes letter to President Gotabaya Rajapaksa
H. E President Gotabaya Rajapaksa, 31st Dec 2019. President, Democratic Socialist Republic of Sri Lanka, Presidential Secretariat, Colombo 1 Dear President, Congratulations, concerns & Best Wishes to uplift our motherland. I have the honour and humility to address you on matters where I have decades of experience, expertise, enterprise, & visionary zeal for the betterment of our beloved […]
CICT ends 2019 with 2.9mn TEUs, 40-pct of Colombo Port’s volume
Dec 31, 2019 (LBO) – Colombo International Container Terminals (CICT) has announced it handled a total of 2.9 million TEUs in 2019, achieving an 8.6 percent increase in its throughput and accounting for 40 percent of the volume of the Port of Colombo in the 12 months ending 31st December 2019. The Company, which manages […]