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UPFA expecting over 113 seats in Parliament; MR appointed head of election operations committee
July 15, 2015 (LBO) – The United People’s Freedom Alliance is expecting over 113 seats in the next Parliament, General Secretary of the party Susil Premajayantha said. “We are expecting the majority.It is possible by wining just 14 districts in the country.” Premajayantha told LBO. Speaking at a special press briefing Premajayantha revealed that former […]
Sri Lanka lacks high-end shopping malls to attract affluent travelers: Report
July 15, 2015 (LBO) – Sri Lanka still lacks malls that can give its high-end tourists the holistic retail experience, despite the growth in retail options in the Island, a recent report said.“Despite the growth in retail options the city still lacks high-end shopping malls to entice the affluent travelers by providing them a holistic […]
Sri Lanka Dankotuwa Porcelain gets new CEO
July 15, 2015 (LBO) – Sri Lanka’s Dankotuwa Porcelain said, Wasaba Jayasekera was appointed as the Chief Executive Officer with effect from 15th July 2015.Jayasekera holds a Bachelor’s degree in physical science, from the University of Kelaniya Sri Lanka and a Master of Business Administration degree from the Postgraduate Institute of Management, University of Sri […]
Sri Lanka’s online property portal ‘Lamudi’ launches its first real estate magazine
July 15, 2015 (LBO) – Sri Lanka’s online property portal ‘Lamudi’ has launched the first issue of its real estate magazine ‘Property Now’, the company said.The quarterly magazine consists of the latest real estate market report, trends in the real estate industry, home tips, current developments, changes in the digital market and other pertinent topics.Though […]
Utilize 2015 General Elections to reinforce people’s sovereignty: Chrishmal Warnasuriya
July 15, 2015 (LBO) – Sri Lankan voters should utilize the General Elections on August 17 in order to reinforce people’s sovereignty, Chrishmal Warnasuriya, a lawyer seeking a seat in the next Parliament through the national list of JVP said. “If the 4th of February 1948 was our first independence and the 19th of May 2009 […]
Sri Lanka JKH’s Cinnamon Life targets future digital world: Deputy Chairman
July 15, 2015 (LBO) – Sri Lanka’s John Keells Holdings, a listed blue chip company said that its 850 million US dollar mixed development project of “Cinnamon Life” is designed to cater to future digital world offering a virtual experience. “Cinnamon Life – Now that is a brick and motor investment. However we believe, if […]
LBR LBO Enterprise Summit 2015 – Session 05: Building Disruptive Business Models: Opportunities & Challenges
Download the Presentation : [Session 05: Keynote Presentation] Mani Kulasooriya and Brian Beach SESSION 05: BUILDING DISRUPTIVE BUSINESS MODELS: OPPORTUNITIES & CHALLENGES SESSION INTRODUCTION Clayton M Christensen (Kim B. Clark Professor of Business Administration at Harvard Business School) observes that companies have two basic options when they seek to build new-growth businesses. They can try to take […]
Sri Lanka businesses; 90% sole ownership, 25% run by females: Census and Statistics Dept.
July 15, 2015 (LBO) – Sri Lanka has over 90 percent of sole ownership businesses in the island while 25 percent of the establishments are run by women entrepreneurs, a recent census showed.The Census and Statistics Department released data of its first Economic Census 2013/14 on the Industry, Trade and Services sectors. “The census has […]
Aspirations International Education Exhibition launched
Aspirations International Education Exhibition launched for the 9th consecutive year Launches Aspirations World of Medicine an initiative focused on high quality medical education career guidance Aspirations Education (AE) one of the leading international education, career guidance and student placement service centers in the country, launched its global education exhibition for the 9th consecutive year. This […]
Mahinda Rajapaksa will be defeated again: Maithri (FULL VIDEO)
July 14, 2015 (LBO) – Sri Lanka’s former President Mahinda Rajapaksa who was defeated on January 8th will be defeated again, President Maithripala Sirisena said. Making a special statement, the President said 49 years of experience in politics was one of the reasons they selected him as the common candidate. “Although some have criticized me […]
Sri Lanka Litro to reduce gas prices: Can further reduce after exposing corruption
June 14, 2015 (LBO) – Sri Lanka’s state run, Litro Gas Lanka says it will reduce the prices of Litro Gas refills with effect from mid night, today.“We are pleased to inform our customers that due to the new policies and procedures adopted, we have obtained the necessary approval to reduce our prices of Litro […]
Sri Lanka sells Rs15.72bn in three and eight year bonds
July 14, 2015 (LBO) – The issue of treasury bonds amounting to 20.00 billion rupees have been oversubscribed with 50.97 billion rupees of bids received from investors. The Central Bank has accepted 4.67 billion rupees of three years and three months bonds maturing on 15 October 2018 at a weighted average yield rate of 8.18 […]