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Sri Lanka flood rescue efforts continue, further rain expected
May 29, 2017 (LBO) – Sri Lanka’s rescue efforts continued Monday after floods and mudslides affected more than 471,000 people, with further rain forecast for the western slopes of the central hills. The death toll rose to 164 people, with a 104 persons reported missing, and 88 people reported injured, the Disaster Management Centre said. […]
Indian ships arrive in Sri Lanka with flood relief, China pledges USD2.2Mn
May 29, 2017 (LBO) – Sri Lanka’s monsoon death toll rose to 164 with another 88 listed as missing as Indian ships arrived with relief supplies and China pledged US 2.2 million dollars in disaster aid. The Indian navy ships INS Kirsh and INS Shardul have already reached the Colombo port over the week-end with […]
Will “Hyper-individualization” retire cookie cutter? – Jiffry Zulfer | LBR LBO Brand Summit 2017
Will “Hyper-individualization” retire cookie cutter? – Jiffry Zulfer | LBR LBO Brand Summit 2017https://youtu.be/hrEAK4-2b6Y
SriLankan Airlines adds Melbourne to network from October
May 29, 2017 (LBO) – SriLankan Airlines will be establishing its presence in Australia with daily non-stop services to Melbourne commencing October 29th this year, the airline said. The non-stop services will also facilitate passengers from the Middle East and South Asia seeking onward connectivity via Colombo to/from Australia, a statement said. “This also means […]
Sri Lanka flood and landslide death toll rises to 25
May 26, 2017 (LBO) – The death toll from torrential rain across Sri Lanka has risen to 25 persons with more than 42 people reported missing, the island’s Disaster Management Centre said Friday. The Disaster Management Centre said that over 7,800 people belonging to 2,811 families were affected in seven districts. Sabaragamuwa Province is worst […]
Lankem Ceylon acquires injection moulding firm for Rs150mn
May 26, 2017 (LBO) – JF Packaging Private Limited, a fully owned subsidiary of Lankem Ceylon, has acquired a firm engaged in the business of injection moulding. Lankem Ceylon said in a stock exchange filing that the acquisition of 100 percent stake in Alliance Five Private Limited took place Wednesday for 150 million rupees. Earlier […]
Sri Lanka to retain public ownership of Lanka Sathosa
Sri Lanka promptly shot down raging claims that the government owned Lanka Sathosa chain is to be sold to a diversified conglomerate in the country. “Though we usually do not bother about such social media propaganda, since a leading company is also mentioned, I am highlighting the truth here today” stressed the Minister of Industry […]
Ravi assumes duties as foreign minister, pledges to bring in more investment
May 26, 2017 (LBO) – Sri Lanka’s new Foreign Minister Ravi Karunanayake who assumed duties at the ministry Thursday pledged to focus on bringing in investment to the island. “We will focus on bringing in investment from counties like the US, India and China,” he told reporters in Colombo while accepting his duties. “Sri Lanka […]
| LBR LBO Brand Summit 2017
From cookie cutter to Hyper-individualization – Himalee Madurasinghe | LBR LBO Brand Summit 2017
‘s trade deficit widens substantially this year
May 26, 2017 (LBO) – Sri Lanka’s trade deficit widened substantially in the first two months of the year, while a moderation in tourist earnings and a modest growth in workers’ remittances resulted in a subdued external sector, the central bank said in a statement. “The deficit in the trade balance widened substantially to US […]
From cookie cutter to Hyper-individualization – Himalee Madurasinghe | LBR LBO Brand Summit 2017
From cookie cutter to Hyper-individualization – Himalee Madurasinghe | LBR LBO Brand Summit 2017https://youtu.be/fabg4XVgK7E
”s Investment Conclave
May 25, 2017 (LBO) – Sri Lanka will launch its ‘Private Public Partnership (PPP) Unit’ at the upcoming ‘Sri Lanka Investment and Business Conclave 2017’, which will take place 30th May to 1st June 2017 in Colombo. The unit formed with cabinet approval is mandated to source investment from both national and international private sectors […]