Tag: lbo.lk
Sri Lanka death toll over 200 in Easter Sunday attacks
Apr 21, 2019 (LBO) – The death toll in Sri Lanka’s terror attacks has risen to at least 207, with over 450 people injured, police spokesman Ruwan Gunasekera told media at a Press conference a short while ago. The eight blasts mostly targeted high-end hotels in the islands capital and churches where worshippers were attending […]
Seylan Bank’s Rs.5Bn debenture issue snapped up
Apr 25, 2019 (LBO) – Seylan Bank’s 5 billion rupee debenture Issue opened recently was successfully oversubscribed on the opening day, reflecting a strong investor confidence in Seylan. The Bank kept the Issue opened for one more day for the second and final tranche of Rs. 2 billion, which too was successfully oversubscribed on the same […]
Capital TRUST acquires Taxiyak and launches Taxiya
Apr 08, 2019 (LBO) – Capital TRUST Mobility Solutions (Pvt) Ltd, a subsidiary of Capital TRUST Holdings Limited is launching Taxiya, a mobile taxi hailing service. Focusing on safety, reliability, customer convenience and enhanced benefits to the drivers, Taxiya is set to zoom into the future of Sri Lanka’s organized Taxi service industry. Taxiyak was […]
Reuters replies to Planters Association and stands by allegations
Apr 09, 2019 (LBO) – The Thomson Reuters Foundation has responded to The Planters’ Association of Ceylon (PA) statement published on www.lankabusinessonline.lk on 2nd April which claimed that the Reuters article titled ‘Tea Label Giants Vow Probe after Sri Lanka Labour expose’ on tea estates were false. Kieran Guilbart, the Thomson Reuters Foundation commissioning editor, has countered each point […]
Digital Me bags Best Digital Marketing Campaign of year 2018 at SLIM Digis 2018
(PRESS RELEASE) – Digital Me, an emerging Digital Media Company in Sri Lanka was buzzing after being honored at the SLIM Digis Awards ceremony held at Waters Edge last week. Digital Me won the prestigious Gold Award for the Best Digital Marketing Campaign of the year in the category of Retail conducted for Helanka Shoes. The […]
SriLankan Airlines formulates new 5-year Strategic Business Plan
Apr 05, 2019 (LBO) – SriLankan Airlines has formulated a new five-year Strategic Business Plan for the period 2019-24 with the objective of transforming itself into a financially viable organization airline group, a statement said. Issuing a statement the airline said the plan aims to increase brand visibility and a global reputation for excellence, while turning […]
CEB Eng Union points fingers at PUCSL and Snr. Govt officials for power crisis
Apr 04, 2019 (LBO) – The power crisis in the country is mainly due to the timely non approval of the `Least Cost Long-Term Generation Expansion Plan’ (LCLTGEP) by the Public Utilities Commission (PUCSL) and interference of top officials in the power ministry. “We put 50 percent of the blame for causing this current crisis on the PUCSL,” Saumya […]
CEB to appear in Court regarding un-scheduled power cuts
Apr 03, 2019 (LBO) – The Colombo Fort Magistrate Tuesday noticed the Ceylon Electricity Board (CEB) to be present in courts on April 9 over its failure to provide the Public Utilities Commission of Sri Lanka (PUCSL) with the reports relating to power cuts. Earlier legal action was filed against the CEB for failing to give […]
Opinion: SL Planters Assosiation on allegations of labour abuse
The Planters’ Association of Ceylon (PA) wishes to draw the general public’s attention to serious factual misrepresentations and inaccuracies initially published by Thomson Reuters Foundation and authored by freelance journalist, Lisa Fuller in her article titled: ‘Tea Label Giants Vow Probe after Sri Lanka Labour Abuse Expose’ At the outset, the PA notes with disappointment […]
Emirates Skywards invites members to fly more and earn more
(PRESS RELEASE) – Emirates Skywards, the award-winning loyalty programme of Emirates and flydubai, is rolling out a new limited time offer for all new and existing Skywards members to boost their Miles. The offer is valid for Economy and Business class tickets booked on Emirates and flydubai between 20 March 2019 and 31 March 2019 […]
Rs.79,000 million loans disbursed under Enterprise SL Program
Apr 01, 2019 (LBO) – Sri Lanka’s Finance Ministry said it had disbursed 79 billion rupees to 46,673 persons under the Enterprise Sri Lanka loan scheme so far. The loan programme was launched in on June 21, 2018. The ministry says 20,286 loans had been given for housing under a scheme called ‘Sonduru Piyasa’ and […]
Huawei CEO and Founder expects revenue to touch USD125Bn in 2019
Apr 01, 2019 (LBO) – Ren Zhengfei, CEO and Founder of Huawei, recently said that 2019 could be a difficult year for Huawei, and however the company, is targeting US 125 billion dollars in revenue. Huawei has not released its total revenue for 2018 yet, but Eric Xu, one of the rotating chairmen at the technology […]