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Construction industry future outlook positive, but challenges remain: RIU study
Jul 20, 2018 (LBO) – As a part of its ongoing research into the real estate and construction industry Research Intelligence Unit (RIU) conducted a survey among multifarious construction industry companies operating in Sri Lanka. Working with LECS, who recently held the 7th edition of their annual Construction Expo, the aim of this latest RIU […]
National Export Strategy: Sri Lanka targets USD28Bn in exports by 2022
Jul 20, 2018 (LBO) – Sri Lanka’s government unveiling the ‘National Export Strategy (2018-2022)’ in Colombo yesterday said it plans to increase the capacity of the local export sector while also improving trade performance and competitiveness. The five-year plan will help to make Sri Lanka a major regional export hub with the launch of this […]
‘s Pulimood Memorial Oration
July 20, 2018 (LBO) – Visakha Vidyalaya will hold its annual Susan George Pulimood Memorial Oration on the 23rd July to commemorate the birthday of Mrs. Pulimood who served the school as Principal for 22 years. This year the oration will be delivered by Prof. Niranjanie Ratnayake, Emeritus Professor, Department of Civil Engineering, University of Moratuwa, President, Institution […]
Sri Lanka Trade Information Portal to be unveiled tomorrow
July 19, 2018 (LBO) – Sri Lanka will unveil one of the biggest initiatives in its international trade history when the Department of Commerce launches the World Bank supported Sri Lanka Trade Information Portal (SLTIP) on Friday in Colombo. World Bank supported Trade Information Portals (TIP) across the world provide information that traders need to […]
SLPA, JCT, SAGT and CICT to hold first ever Port of Colombo Awards Night
Sri Lanka Ports Authority (SLPA) in collaboration with the Jaya Container Terminal (JCT), South Asia Gateway Terminals (SAGT) and the Colombo International Container Terminals(CICT) for the first time, has organized the Port of Colombo Awards Night 2018. The ceremony will be held on Monday 23rd July 2018 at 06.00pm at the Shangri-La Hotel, Colombo. The […]
Anantaya Resorts and Spas receive TripAdvisor certificates of excellence 2018
Reaffirming its efforts toprovide an exceptional guest experience, Anantaya Resorts and Spas recently received the ‘Certificate of Excellence 2018’ from TripAdvisor.Offering a luxury experience amidst tranquil settings, the Anantaya Resorts in Pasikudah and Chilaw have consistently earned positive reviews from both local and international travellers. Commenting on the certificate received, LAUGFS Leisure Director/Chief Executive Officer, […]
AMCHAM presents insights on FDI and U.S. investor perspectives in Sri Lanka
Jul 18, 2018 (LBO) – In order to facilitate continued investment within Sri Lanka it is important to have clarity on the FDI landscape, and identify potential barriers as well as possible solutions, the American Chamber of Commerce (AMCHAM) in Sri Lanka said. The Chamber releasing a statement said that these are the key objectives addressed […]
Additional loan for Kaluganga project from Saudi Fund for Development
The Kaluganga Development Project is currently being implemented by the Ministry of Mahaweli Development and Environment with the financial assistance of Saudi Fund for Development (SFD), Kuwait Fund for Arab Economic Development (KFAED) and OPEC Fund for International Development (OFID). Kaluganga Reservoir has a capacity of 265 million cubic meters (MCM) of water and will […]
Gotabhaya not yet selected as SLPP presidential candidate: MR Media Unit
July 18, 2018 (LBO) – Former President Mahinda Rajapaksa has not yet named the next presidential candidate of the Sri Lanka Podujana Peramuna (SLPP), Media Secretary to the former President, Rohan Welivita said. Issuing a media release, Welivita said it has come to their notice that a forged document purporting to be a media release […]
Global businesses turn to Oracle blockchain service to speed transactions securely
Arab Jordan Investment Bank, CargoSmart, and Intelipost are among early adopters of enterprise-class distributed ledger service July 16, 2018 (media release) – Businesses around the world have been deploying an early adopter version of Oracle Blockchain Cloud Service, which becomes generally available today. The service allows organizations to easily build blockchain networks to drive more secure […]
Virtusa’s Kris Canekeratne selected as EY Entrepreneur of the year 2018
Jul 18, 2018 (LBO) – Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering, and IT outsourcing services announced that its Chairman and CEO, Kris Canekeratne, is a winner of the EY Entrepreneur of The Year® 2018 Award in the New England region for the Business Process Outsourcing category. The awards program took place on June 28, […]
Blue Ocean Group wins multiple awards at Asia Property Awards 2018 in Sri Lanka
Blue Ocean Group, one of Sri Lanka’s leading real estate developer was yet again in the limelight at the inaugural PropertyGuru Asia Property Awards – Sri Lanka award ceremony recently held at the Shangri-La Hotel, Colombo. Blue Ocean Group was nominated for an impressive total of eight awards including multiple nominations for the Special Recognition […]