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Opinion: Lessons from Lakshman Kadirgamar, a master networker in a pre-Linkedin world
By Ajita Kadirgamar July 16, 2018 (LBO) – Long before the advent of the internet, social media and professional networking sites such as LinkedIn, Sri Lankans were masters of the networking game. Networking, whether social or professional is basically, ‘the exchange of information and ideas among individuals or groups that share a common interest’.It has […]
Sri Lanka remains Human Rights Priority Country of UK with limited progress
July 16, 2018 (LBO) – Sri Lanka remains a priority country in the United Kingdom’s Annual Human Rights Report 2017. Sri Lanka is one of 30 ‘Human Rights Priority Countries’ (HRPCs); countries where the UK has serious human rights concerns and hopes to engage positively to develop human rights performance. The report acknowledges that there […]
Capital Trust Residencies wins multiple awards at Asia Property Awards 2018
Capital TRUST Residencies (Pvt) Ltd clinched four prestigious awards at the PropertyGuru Asia Property Awards 2018 held at Shangri-La Hotel Colombo on 12th July 2018.Among them was one of the major awards at the ceremony, the “Best Boutique Developer”. The company’s Thimbirigasyaya Road, Colombo 05 project won “Best Mid End Condo Development (Colombo)” and also […]
EU, Canada, Norway diplomatic missions oppose death penalty in Sri Lanka
July 16, 2018 (LBO) – Delegation of the European Union (EU) to Sri Lanka and diplomatic missions of Canada and Norway have strongly and unequivocally opposed capital punishment in all circumstances and in all cases. Sending a letter to the President, they said the death penalty is incompatible with human dignity, does not have any proven […]
France beat Croatia 4-2 to secure second FIFA World Cup title
July 16, 2018 (LBO) – France have won the 2018 FIFA World Cup Russia after defeating Croatia 4-2 in a thoroughly entertaining Final at the Luzhniki Stadium in Moscow in what was a fitting end to an outstanding tournament.Despite Croatia having the majority of possession in the opening stages, France took the lead in somewhat […]
National Export Strategy to be launched this week
Jul 16, 2018 (LBO) – Sri Lanka is to launch a long-awaited National Export Strategy (NES) later this week on the 19th. “The National Export Strategy (NES) is a fantastic opportunity for the private sector and the government to work together but the success of it will depend entirely on the political will of the incumbent […]
Tire maker Michelin acquires Camso
Jul 16, 2018 (LBO) – Michelin, a tire company has acquired Camso, an off-the-road (OTR) track and tire company, for US 1.45 billion dollars. The two companies’ off-the-road operations will be combined and create a new division managed in Magog, Quebec (Canada).A press statement claims, “The strategic partnership makes the newly created entity the world leader […]
Sri Lanka – Singapore FTA: Over USD 16Bn investment projects under discussion
Jul 16, 2018 (LBO) – Projects with a total investment value of over US 16 billion dollars mainly in manufacturing for exports are the first projects to realize since the Sri Lanka-Singapore FTA was implemented on May 1, 2018, the Board of Investment (BoI) in Sri Lanka said.“Sri Lanka is gearing to reap the benefits […]
‘s international reality sign up Sapphire residences
Jul 16, 2018 (LBO) – Sri Lanka Sotheby’s International Realty the global marketing agents for the ultra-prestige residential development Sapphire Residences at Colombo 1 has appointed Charles Phillpot as Sales &Marketing Director. Now living full time in Colombo, Charles Phillpot will lead a team that will promote the Sapphire Residences to the global market. The 132 […]
CEB interdicts DGM Energy Purchases for refusing to pay ACE Embilipitiya
Jul 16, 2018 (LBO) – The Deputy General Manager, Energy Purchases of Ceylon Electricity Board (CEB) says that the Government should not pay the 100 MW ACE Embilipitiya as it is an illegal power plant. The state utility has extended the agreement with the privately-owned ACE Embilipitiya without a bidding procedure and without the approval […]
Let technology be an opportunity, not a challenge: IFAC President tells CA Sri Lanka
President of the International Federation of Accountants (IFAC) Ms. Rachel Grimes called on Chartered Accountants to embrace the technological revolution as an opportunity instead of looking at it as a challenge. Speaking at a forum organised by CA Sri Lanka during her four day visit to Sri Lanka last week, Ms. Grimes said that as […]
CSE to host briefing event for potential Empower Board sponsors
Colombo Stock Exchange (CSE) and the Securities and Exchange Commission (SEC) recently launched “Empower”, a listing platform fostering capital raising and growth opportunities for Sri Lankan Small and Medium Enterprises (SMEs). SMEs around the country now have at their disposal a range of new capital raising methods and entities listing on this platform will be […]