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Acting US Asst. Secretary of State calls on Minister Samaraweera
Acting US Assistant Secretary of State for South and Central Asian Affairs Mr. William E. Todd called on Minister Mangala Samaraweera yesterday (22). He is the senior-most US State Department Official visiting Sri Lanka under the new US administration. Mr. William Todd also met Prime Minister Ranil Wickremesinghe this afternoon, and will be meeting Foreign […]
Ravi K bids farewell at Finance Ministry
May 23, 2017 (LBO) – Sri Lankan ex- Finance Minister Ravi Karunanayake, who was sworn in as the new foreign affairs minister at the Presidential Secretariat Monday, visited his former ministry to thank officials and personal staff and bid farewell. Minister Ravi Karunanayake thanked all ministry officials and his private staff who assisted him in […]
Opinion: Take care of your associates, bottom line will grow
By Nirmalan Nagendra During my long hotel career, I have come to realise the value of team-work and of staff. Associates have to be hired for aptitude and attitude. All candidates are qualified and most have more than two degrees, with most eager to get to the top. Dependable, multi-skilled staff are few and far […]
Online property searches in Colombo up 28-pct in Q1: Lamudi
May 02, 2017 (LBO) – Property portal Lamudi’s real estate market report on Sri Lanka says that there is a 28 percent increase in searches for property in Colombo in the first quarter of 2017 against the same period last year. Between 2014 and 2015, data from Lamudi showed a 20 percent increase in searches […]
Sri Lanka expands crop insurance to five other crops
May 02, 2017 (LBO) – Sri Lanka’s Finance Ministry has expanded crop insurance that has so far covered paddy cultivation to five other food crops. The government had already launched a two-year National Food Production Programme to ensure self-sufficiency in Potatoes, Big Onions, Chilies, Maize and Soya beans. Now, farmers of these crops will receive […]
Sri Lanka makes use of generators in factories compulsory
May 02, 2017 (LBO) – Sri Lanka’s Power Ministry has made it compulsory to use generators in factories from today for the next four days due to a shortage of power. Power Minister Ranjith Siyambalapitiya said due to prevailing hot weather condition total power consumption has increased by 18 percent during daytime and 10 percent […]
Fitch affirms Singer Sri Lanka at A-(lka); outlook stable
[pdf-embedder url=”http://www.lankabusinessonline.com/wp-content/uploads/2017/05/Singer-Sri-Lanka-RAC-May-2017.pdf” title=”Singer Sri Lanka RAC May 2017″]
Exporters’ Association welcomes government efforts to regain GSP+
The EASL welcomes the efforts of the government to secure the vote from the EU parliament to regain GSP+. Once the concession is fully in place, Sri Lankan Exporters can look forward to being in a position to be more competitive, thus revive markets and capture new export opportunities. Exporters of Apparel, Fish & Seafood, […]
Opinion: A new “French revolution”? An informed “Worker” within Sri Lanka
By Chrishmal Warnasuriya May-Day As I Knew It: The mid to late 70’s was a time when I was first introduced to the vociferous “Left”, by none other than my old man who would walk the streets tagging me along with his comrades; thus the chants of the “working class” calling for liberation of the […]
John Keells to encourage innovators with Open Innovation Challenge
May 02, 2017 (LBO) – Sri Lanka’s blue chip John Keells Holdings plans to boost local creative and intellectual talent with the launch of its second John Keells X “Open Innovation Challenge 2017” The programme will allow teams of aspiring innovators to compete for a chance to win entry into a six-month accelerator programme at […]
UNP ready for elections: PM at May Day rally
May 02, 2017 (LBO) – Sri Lanka’s Prime Minister and United National Party Leader, Ranil Wickremesinghe, said that they were ready for any election and would form the next Government. “Looking at these huge crowds, I can say that the UNP is ready for any challenge, any election,” said the Premier addressing the party’s May Day rally at Campbell […]
Sri Lanka vehicle registrations rebound to 39,173 units in March: JB Securities
May 02, 2017 (LBO) – Total vehicle registrations in Sri Lanka recorded 39,173 units in March, significantly up from 30,036 the previous month, with a rebound in two-wheeler registrations, JB Securities said in a research note. On most categories, there was a rebound due to higher number of working days and pre-holiday season push from […]