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Easy solution for paying parking fees with new App
As the population of Colombo increases daily, the congestion on the roads is on a rise. With this, there’s a lingering need for an effective vehicle parking management system. Tenaga Car Parks, the pioneer in providing parking and traffic management solutions in Sri Lanka presents to you the ultimate solution with the launch of their […]
Sri Lanka may stop hydro power generation by end April
Feb 20, 2017 (LBO) – Sri Lanka will have to stop hydro power generation by the end of April if the prevailing dry weather condition continues, the power minister said. Power Minister Ranjith Siyambalapitiya participating in Kegalle Development Committee meeting today stated that priority has to be given to save water for drinking and not […]
Sri Lanka Central Bank launches data library for public use
Feb 21, 2017 (LBO) – The Central Bank of Sri Lanka (CBSL) has launched a data library for the general public to use via the CBSL external website. “Data Library of CBSL is a comprehensive database consisting of time series data on a variety of topics spanning Real, Monetary, Fiscal, External and Financial sectors,” a […]
Sri Lanka Participates in SATTE Travel Exhibition in New Delhi, India
(PRESS RELEASE) – Forty seven Sri Lankan companies, Sri Lanka Tourism Promotion Bureau and Sri Lankan Airlines participated at the South Asia Travel & Tourism Exchange (SATTE) 2017 which is one of the largest travel and tourism exhibitions held in India. Galadari Hotel, Hilton Hotel, Kingsbury Hotel, Jet Wing Travels (Pvt.) Ltd., Aitken Spence Travels, […]
World’s largest car, truck carrier to call at Hambantota port
Feb 20, 2017 (LBO) – MV Hoegh Tracer, the world’s largest pure car and truck Carrier (PCTC), belonging to Hoegh Autoliners AS, Oslo, is scheduled to call at Hambantota port during the first week of March 2017 under its local agency Diamond Shipping Services (Pvt.) Ltd. The vessel is plying under MIAF service (Middle East, […]
Data science enthusiasts gather for 4th Colombo big data meetup
The fourth session of the Colombo Big Data Meetup was held at VirtusaPolaris recently, where industry professionals discussed the latest findings in Big Data tools and technologies. Samudra Kanankearachchi, Software Architect/Data Science Specialist 99X Technology, presented on the topic, “Forecasting Seasonal Effects in Business Data (Time Series Modeling) Using Microsoft Azure Machine Learning Studio”. He […]
Asia shares adrift for US holiday, focus on Unilever
SYDNEY, Feb 20 (Reuters) – Asian share markets were mixed on Monday as political uncertainty globally kept the mood cautious, while the U.S. dollar recouped early losses ahead of a busy week for Federal Reserve speakers. Turnover was light with U.S. markets closed for the Presidents Day holiday. MSCI’s broadest index of Asia-Pacific shares outside […]
Sri Lanka-Singapore FTA to be finalised in 2017: Singapore PM
Feb 20, 2017 (LBO) – The Free Trade Agreement (SLSFTA) between Sri Lanka and Singapore will hopefully be finalised this year, Singapore Prime Minister Lee Hsien Loong said following a dinner with Premier Ranil Wickremesinghe. In a FB post on Saturday, Lee said, “We talked about the FTA that we are negotiating, which we hope to […]
CCC releases note to help businesses adjust to trade liberalisation
The Ceylon Chamber of Commerce today released a document containing recommendations on helping Sri Lanka’s industries prepare for trade liberalization. The policy brief titled, ‘Building Resilience, Supporting Growth: Preparing the Domestic Private Sector for Trade Liberalization’, provides insights on how to consider the types of firms, as well as types of impacts, in a wide-ranging […]