Category:
Sri Lanka inflation decreased to 0.4-pct in December 2018
Jan 21, 2019 (LBO) – Headline inflation measured by the National Consumer Price Index has decreased to 0.4 percent in December 2018 from 1.0 percent in November 2018, the Central Bank data showed. The Central Bank said the decrease observed in year-on-year inflation in December is driven by the decrease of prices of items in […]
Fitch-rated frontier markets saw 13 positive, 6 negative rating actions in 2018
Jan 21, 2019 (LBO) – Fitch-rated frontier markets saw more positive than negative sovereign rating actions in 2018 with 13 positive rating actions compared to six negative actions, Fitch Ratings said. Out of the 30 Fitch-rated frontier markets, the majority were outlook changes and the mix of upgrades and downgrades was balanced at four each. However, […]
Facebook focuses on Digital Literacy to improve online safety in Sri Lanka
Facebook’s efforts to tackle misinformation, promote online safety in Sri Lanka and boost digital literacy skills were among several topics debated at a fireside chat on Saturday, held as a part of the Fairway Galle Literary Festival 2019. Speaking to an audience of authors, professionals, academics and journalists, Shelley Thakral – Facebook’s Head of Policy […]
Toll free hotline ‘1984’ launched to obtain tip-offs about drug smugglers
Jan 21, 2019 (LBO) – Sri Lanka’s President Maithripala Sirisena has inaugurated a hotline for the public to inform authorities about the acts of drug smuggling and related crimes. Toll-free telephone number ‘1984’ which was earlier used by the National Dangerous Drugs Control Board as the hotline for counseling and operational activities will be used […]
Workshop on Hosptality Management by Prominant Consultant and Hotelier
Nirmalan Nagendra, Consultant, Hotel Advisory of KPMG, Colombo was the key speaker at the Hospitality Management Workshop on 11 January 2019, organized specifically for hoteliers by the Sri Lanka branch of the UK Charted Management Institute, and sponsored by Lithro Gas, Sri Lanka. General Managers, Excom Members, and Senior Managers of hotel trade featured at […]
Resume Writing Tips: key focus areas with 10 years challenge
[pdf-embedder url=”http://www.lankabusinessonline.com/wp-content/uploads/2019/01/Resume-Writing-Tips-Article-3-Chathurika-Jayawardana.pdf” title=”Resume Writing Tips – Article 3 -Chathurika Jayawardana”] Related: Resume Writing Tips: How long should the Resume be? Resume Writing Tips: Is a photograph a must on the Resume?
Foreign institutions dump over $ 100mn of Sri Lanka bonds to start 2019
January 18, 2019 (LBO) – Foreign institutional investors have continued to sell Sri Lanka’s bonds and stocks, even after Sri Lanka’s constitutional crisis has been resolved. Figures up until the 18th of January 2019 show Rs19bn (US$100mn) in net foreign selling out of Sri Lanka’s government bond markets. Equity markets showed net outflows of Rs2.3bn […]
Central Bank warns public of an ongoing phishing attempt targeting EPF
Jan 18, 2019 (LBO) – Central Bank advice general public and institutions to be alert of a phishing attempt that has been initiated targeting mainly the financial institutions of Sri Lanka. “It has been reported to the Central Bank that a phishing attempt has been initiated targeting mainly the financial institutions of Sri Lanka,” Central Bank […]
SriLankan fleet has one Airbus not in use; one engine fitted to another aircraft
Jan 18, 2019 (LBO) – SriLankan Airlines revealed that its fleet has one Airbus A330-200 aircraft bearing the serial number MSN-1008 and CAASL registration number 4R ALS that is not currently being used due to several reasons. The airline said they have removed one of the engines from this aircraft and fitted it to another […]
”’
Jan 18, 2019 (LBO) – Fitch Ratings has affirmed SriLankan Airlines Limited’s 175 million US dollars 5.3 percent government guaranteed bonds due 2019. The rating agency, however, said that the rating is not derived from its issuer’s standalone credit profile and is therefore not comparable with that of industry peers.Fitch has rated SriLankan Airlines’s US dollar-denominated […]
Opinion: Is GDP the ideal metric of the future?
By Taamara de Silva In an age of stark contradictions, a world where the exclusive one percent enjoy access to an abundance of wealth and resources but also a world where a billion people scarcely have enough to eat, limited access to health and education. While the economic progress of the elitist countries is thus […]
Govt calls for exploration bids in block M2, Mannar Basin
Jan 18, 2019 (LBO) – Sri Lanka’s government has called for international competitive bids for exploration and development activities in Block M2, Mannar Basin, the Petroleum Resources Development Secretariat said.The M2 Block covering approximately 3,500 km2, has two gas discoveries, Dorado 91H/1z and Barracuda 1 G/1 and a number of un-drilled prospects, it added.The bidders are expected […]