Sri Lankan ports need shift from regional transshipment to global maritime hubs

Jan 31, 2019 (LBO) – Sri Lanka Ports Authority said the final draft of the National Policy for Maritime and Logistics Sectors has been presented to the Ports & Shipping Minister Sagala Ratnayaka, today. The draft has been prepared to understand the importance of a national policy for the alignment of maritime and logistics sectors […]

Arjuna proposes short term solution to prevent delays at Katunayake Airport

Jan 31, 2019 (LBO) – Sri Lanka’s Transport and Civil Aviation Minister Arjuna Ranatunga has proposed a short term solution to prevent delays passengers experiencing at the Katunayake, Bandaranaike International Airport. Accordingly, new guides will be deployed at various places inside the airport who will guide the passengers to immigration and emigration counters and to […]

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Jan 31, 2019 (LBO) – Fitch Ratings has assigned DFCC Bank’s proposed Sri Lanka rupee-denominated senior debentures an expected National Long-Term Rating of ‘AA-(lka)(EXP)’.The notes, which will total LKR10 billion, will mature in five, seven and 10 years and carry fixed coupons.The bank plans to use the proceeds to support its loan expansion and to […]

SLASSCOM hosts first-ever RPA Hackathon and Conference

Jan 31, 2019 (LBO) – The Sri Lanka Association of Software and Services Companies (SLASSCOM) will host the first-ever Robotic Process Automation (RPA) Conference and Hackathon Awards on 13th February 2019 at the Galle Face Hotel. Organized by the SLASSCOM Business Process Management (BPM) Forum, this event has already seen many companies submitting entries for […]

Colombo Port to get pilot boats for more efficient service

Jan 31, 2019 (LBO) – The Sri Lanka Ports Authority (SLPA) will sign an agreement with Colombo Dockyard PLC to build two pilot boats for Colombo Port enabling it to handle a greater volume of activities with more efficiency. A pilot boat is a type of boat used to transport maritime pilots between land and the […]

EU call for proposals to SWITCH-Asia II programme

Jan 31, 2019 (LBO) – The Delegation of the European Union (EU) will conduct two information sessions on the new Call for Proposals (CfPs) for the SWITCH-Asia II Programme, promoting Sustainable Consumption and Production on 6 February 2019 at the Delegation of the European Union to Sri Lanka and the Maldives, Bauddhaloka Mawatha, Colombo 7. […]

Doc990 waives service fee for Doctor Channelling with FreeTheFee

Doc990 operated by Digital Health (Pvt) Ltd, a joint venture between Digital Holdings Lanka (Pvt) Ltd., a wholly owned subsidiary of Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, announced the waiving of service fees for all doctor channelling done via the Doc990 mobile app or www.doc.lk website. Doc990 is an integrated mobile and online-based […]

New Director Boards appointed for institutions coming under Power Minister

Sri Lanka’s Power, Energy and Business Development Minister Ravi Karunanayake on Wednesday appointed new Director Boards coming under his purview.Accordingly, new appointments were made to Ceylon Electricity Board, Atomic Energy Board, Sustainable Energy Authority, Atomic Energy Regulatory Commission, Lanka Electricity Company, Lanka Coal Company, and Lanka Transformers.Ceylon Electricity Board: Chairman – Rakhita Jayawardena Vice Chairman […]

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Jan 30, 2019 (LBO) – Fitch Ratings has affirmed Sri Lanka Telecom’s Long-Term Foreign and Local-Currency Issuer Default Ratings (IDRs) at ‘B’ with a stable outlook and the agency has simultaneously withdrawn the ratings for commercial reasons. The ratings were withdrawn with the following reason For Commercial Purposes Key Rating Drivers Ratings Constrained by Sovereign: Prior to […]

Eminent lawyer K Kanag-Isvaran to deliver CA Sri Lanka 22nd Annual Tax Oration

Eminent lawyer and President’s Counsel Dr. Kanaganayagam Kanag-Isvaran, will deliver the 22nd Annual Oration on Taxation organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) on 06th February 2019 at the CA Sri Lanka Auditorium on ‘The tax collector and the rights of the taxed’. At the oration, Dr. Kanag-Isvaran is […]

New website to provide early warning signals for paddy, vegetable producers

Jan 30, 2019 (LBO) – Socio-Economic and Planning Centre of the Department of Agriculture has launched a new website for Sri Lankan farmers, which aims to provide updated information in order to educate them to make productive decisions regarding their crops. This website is a useful information source for farmers, consumers, agricultural producers and food processing institutions […]

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