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Korean Government approves USD200mn for Kandy tunnel
June 06, 2017 (LBO) – The Ministry of Strategy and Finance of Korea has approved 200 million US dollars for the Kandy tunnel construction project, Korean Embassy in Sri Lanka announced. The project comprises of four tunnels with a total length of 5.5km from Suduhumpola to Tennekumbura via Bogambara and Ampitiya which will be the […]
Session 04 Q&A | LBR LBO Brand Summit 2017
Session 04 Q&A | LBR LBO Brand Summit 2017https://youtu.be/qJab7bgm8JY
Etihad Airways suspends all flights to Doha, Qatar
Press Release: From the evening of 5 June 2017, Etihad Airways will suspend all flights to and from Doha until further notice. The last flight from Abu Dhabi to Doha will depart as EY391 at 21:35 (local time) on 5 June. The last flight from Doha to Abu Dhabi will depart as EY398 at 22:50 […]
SLT first to successfully field test Pre-5G LTE Advanced Pro in South Asia
June 06, 2017 (LBO) – Sri Lanka Telecom, together with Huawei Technologies, has successfully carried out South Asia’s first comprehensive field trial of Pre-5G LTE Advanced Pro technology, laying the groundwork for the next generation of broadband technologies, the company said. “We anticipate momentous changes in our business with results that promise to be far-reaching […]
Sri Lanka Railways to collect land lease arrears of Rs1.4bn
June 05, 2017 (LBO) – Sri Lanka’s state-owned Railways Department said 1.46 billion rupees is yet to be collected as lease arrears for land owned by the department. The Railways Department manages nearly 13,000 acres of land, of which 1,934 acres have been leased out to 6,400 users, as this land is not necessary for […]
Janashakthi Offers Free Breakdown Assistance to All Vehicle Owners Affected by Floods
Expressing its solidarity with all fellow Sri Lankans affected by the recent adverse weather conditions, Janashakthi General Insurance Limited announced that Janashakthi Full Option will be carrying out a free breakdown assistance service across areas affected by the floods. As a result, all vehicle owners can now access this service, irrespective of their Insurance provider, […]
| LBR LBO Brand Summit 2017
Multi-Screen World – Understanding Cross-Platform Behavior of Consumers – Kamal Amesur | LBR LBO Brand Summit 2017
Sri Lanka growth to accelerate to 4.7-pct in 2017: World Bank
June 05, 2017 (LBO) – Sri Lanka’s growth is forecast to accelerate to a 4.7 percent rate in 2017 and 5 percent in 2018, a new World Bank report says. According to the World Bank’s June 2017 Global Economic Prospects growth will happen as international financial institution programs support economic reforms and boost private sector competitiveness. […]
Mitra Innovation client wins UK data industry award
June 05, 2017 (LBO) – A client of Sri Lanka and UK-based Mitra Innovation, Beyond Analysis, has recently won a data industry award, the company said. Mitra Innovation is a technology innovation company based in Sri Lanka, Australia, the US and the UK, which specializes in cloud systems integration, product and platform incubation, and digital […]
US contributes Rs350 mln for Sri Lanka flood relief
Jun 05, 2017 (LBO) – The U.S. Ambassador to Sri Lanka Atul Keshap joined President Maithripala Sirisena to announce approximately 350 million rupees (. 3 million) in humanitarian assistance from the United States government and people to help victims of flooding and landslides in Sri Lanka. The aid will be used to provide safe drinking water, […]
Sri Lanka video showing rice as containing plastic is false: ministry
June 05, 2017 (LBO) – Sri Lanka’s Ministry of Industry and Commerce says a Youtube video that has gone viral which shows cooked rice as containing plastic is false. “The video shows that some basmati rice purchased from Pitakotte outlet of Lanka Sathosa not becoming stale (like other Basmati rice varieties) even after 24 hours […]
New Chairman assumes duties at SLPA
(PRESS RELEASE) – Dr.ParakramaDissanayake assumed duties as the Chairman of Sri Lanka Ports Authority (SLPA) on the 01st of June 2017. The appointment was made by the Minister of Ports and Shipping – MahindaSamarasinghe, fulfilling a long awaited requirement of SLPA to have a professionally qualified personality as the institution’s Chairman. Vice Chairman of […]