Tag: lbo.lk
Kottawa-Makumbura multimodal transport center opens 31st March
Mar 29, 2019 (LBO) – The Kottawa-Makumbura multimodal transport center, the first of its kind in Sri Lanka providing seamless access for passengers to connect among transport modes is to be declared open on March 31, 2019. It will be opened by President Maithripala Sirisena, with the participation of Prime Minister Ranil Wickramasinghe, […]
How will Brexit impact UK-SL trade: RIU report
Mar 29. 2019 (LBO) – The United Kingdom is one of the major trading partners of Sri Lanka, amounting to over 10 percent of the total annual trade. The trade between two countries has been on the upsurge for the last 18 years. In this context, the GSP+ scheme under which Sri Lanka observes a great […]
Empowering women with financial independence by closing the investment gap
Mar 29, 2019 (LBO) – As Sri Lankan women join the workforce – particularly in the corporate sector – at a higher rate than ever before, a new opportunity to bridge the wealth gap is emerging as women now turn their eyes to the world of investment. These were some of the themes explored at […]
Bogawantalawa Tea set to become world’s first climate positive plantation company
Mar 28, 2019 9LBO) – After becoming the first company in the world to secure uncompensated carbon neutral certification for its tea growing, manufacturing and marketing processes, Bogawantalawa Tea Estates PLC (BTE) is now setting its sights on even loftier environmental goals. For the producer of some of the country’s finest tea, this means a […]
Sri Lankan official misrepresents discussion of UN human rights report: Bachelet
Mar 28, 2019 9LBO) – UN High Commissioner for Human Rights, Michelle Bachelet said Wednesday that a newspaper article quoting a senior Sri Lankan official “seriously misrepresents” her discussion of the recent UN Human Rights Office report1 on Sri Lanka with a Government delegation attending the Human Rights Council in Geneva on March 20. Monday’s […]
SriLankan Airlines to increase frequencies to Tokyo
Mar 28, 2019 (LBO) – SriLankan Airlines, one of the first carriers to fly to Tokyo’s Narita International Airport, is celebrating 35 years of flying to Narita by increasing its number of frequencies up to five per week, with Sri Lanka growing rapidly in popularity as a destination for Japanese travelers. It is the only airline […]
“Apartment sales slowing due to relatively lesser cash flows for these investments” HNB CEO
Mar 27, 2019 (LBO) – Successful real estate sector outcomes will be dependent upon sound strategy that puts into place foreign investment for new projects, a senior banker said. “If the necessary national development does takes place and if foreign investment and new projects take off and GDP grows to the expected levels, I think […]
‘s Tokyo Cement Company(Lanka) board resolves amalgamation
Mar 27, 2019 (LBO) – Sri Lanka’s Tokyo Cement Company (Lanka) PLC board of directors of has resolved the amalgamation of TOKYO Super Cement Company Lanka (Private) Limited, a fully owned subsidiary company with Tokyo Cement Company (Lanka) PLC (TCCL). The name of the amalgamated Company will be Tokyo Cement Company (Lanka) PLC and the […]
OBG Sri Lanka report:Looks at steps being taken to encourage innovation and boost export earnings to USD20Bn in 2019
Mar 27, 2019 (LBO) – A new report from research and consultancy firm Oxford Business Group (OBG) shines a spotlight on Sri Lanka’s wide-ranging plan to achieve upper-middle-income status. The Report: Sri Lanka 2019 looks in detail at the steps being taken to encourage innovation across the manufacturing industry as part of the national strategy to […]
‘s Oceanpick first in South Asia to earn certification for offshore farming
Mar 27, 2019 (LBO) – Oceanpick (Pvt) Ltd., has been awarded the Best Aquaculture Practices (BAP) certification, making Sri Lanka a pioneer in South Asia -and only the 34th country in the world- with a BAP-certified facility. Oceanpick is South Asia’s first ever commercial-scale offshore oceanic farm for finfish, and is currently the only offshore […]
SLTDA promises to issue renewal licenses in one day
Mar 26, 2019 (LBO) – The Sri Lanka Tourism Development Authority (SLTDA) is now fully geared to issue renewals for accommodation and service providers in one day when the relevant documents for each category are submitted.By next week, SLTDA will publish press advertisements in all 3 languages to create awareness among all stakeholders on what […]
‘s Chengdu delegation meets BOI Chairman, Eyes steel plant in Hambantota
mar 26, 2019 (LBO) – A delegation from Chengdu Association for Foreign Trade and Cooperation (CAFTEC) Chengdu, China visited the Board Of Investment and expressed interest in setting up a steel project in Hambantota. The aim of the visit is to promote Sri Lanka and particularly projects in Hambantota. The delegation who met with the Chairman […]