MR named opposition leader, Kiriella leader of the house

Dec 18, 2018 (LBO) – Sri Lanka’s Speaker of parliament Karu Jayasuriya named Mahinda Rajapaksa the Leader of the Opposition, Tuesday when the house convened. The Speaker said the United People’s Freedom Alliance was now the largest opposition party as it was no longer in the ruling coalition. Lakshman Kiriella was appointed as the leader of […]

Ceylon Chamber facilitates efficient document approval process for exporters

Dec 18, 2018 (LBO) – A Memorandum of Understanding was signed between the Ceylon Chamber of Commerce and the Ministry of Foreign Affairs (MoFA) recently, for the certification of export related documents through the electronic Document Attestation System (e-DAS) of the Ministry. The MOU provides for the Ceylon Chamber of Commerce to use the e-DAS system […]

HP launches large format photo printers in Sri Lanka

(Media Relaese) – HP DesignJet recently unveiled its new DesignJet Z Printer series to showcase innovative large format technologies. The new printer series offers astounding image quality and fast, simple output for print service providers (PSPs), retailers, photo studios and photographers to deliver beautiful photos, impactful graphics and technical applications. The latest offering from HP […]

Hayleys Energy commences first oil and gas drillship lay-up at Hambantota, Sri Lanka 

Dec 17, 2018 (LBO) – Sri Lanka’s Hayleys Energy Services announced the arrival of the oil and gas drillship “Aban Abraham” for a warm lay-up to the Hambantota International Port. Aban Offshore Limited, the company that own the vessel, is India’s largest offshore drilling services provider to oil companies, providing drilling operations, production and exploratory work […]

Kaspersky Lab makes inroads into Sri Lanka with new distributor SATL

Dec 14, 2018 (LBO) – Global cybersecurity company Kaspersky Lab has been successfully expanding its business in the South Asia region. Continuing to have a strong hold in the Indian market, they have now moved to achieve a similar hold in Bangladesh and Sri Lanka. After a successful launch in Bangladesh in November, Kaspersky Lab are […]

CICT to enhance Colombo Port’s deep water capacity by March 2019

Dec 13, 2018 (LBO) – Colombo International Container Terminals (CICT) has announced a significant equipment addition that will enhance the terminal’s deep water capacity and make Colombo one of the few ports in Asia capable of handling vessels of 22,000 + TEUs. The Company said the enhancement encompasses the addition of two new mega Quay […]

Gihan Cooray appointed Chairman of Nations Trust Bank

Dec 13, 2018 (LBO) – Nations Trust Bank PLC has announced the appointment of Gihan Cooray as Chairman of the Board of Directors, with effect from December 1st 2018. Cooray takes over as Chairman following the retirement of Krishan Balendra who stepped down after having served the stipulated maximum 9 year tenure as a Director […]

Sri Lankan companies that provide childcare support show business benefits: Report

Dec 13, 2018 (LBO) –  Businesses in Sri Lanka that offer childcare support to their employees can gain a significant positive impact on recruitment, retention and productivity of workers, especially women, according to a new report released by the International Finance Corporation (IFC), a member of the World Bank Group, in collaboration with the United […]

Supreme Court decision on Parliament dissolution at 4.00pm

Dec 13, 2018 (LBO) – Sri Lanka’s Supreme Court will deliver its decision on the dissolution of parliament by President Maithripala Sirisena at 4.00 pm Thursday. A three-judge bench headed by the Chief Justice, Nalin Perera granted interim relief by issuing a stay order on the dissolution of parliament ordered by President Maithripala Sirisena on […]

Is Sri Lanka’s health system ready to respond to the population shift?

Dec 12, 2018 (LBO) – Today marks International Universal Health Coverage (UHC) Day. To achieve the vision of Universal Health Coverage by 2030, all Sri Lankans should have access to the health care that they need without being pushed into poverty or giving up other life necessities. Sri Lanka must adopt a lifecycle approach to healthcare […]

Expert Committee hands over report on Singapore-Sri Lanka FTA to President

Dec 11, 2018 (LBO) – The report compiled by a Presidential Commission on the Sri Lanka – Singapore Free Trade Agreement (FTA), was handed over to President Maithripala Sirisena Monday.In a tweet, President Sirisena said that the report highlights how the agreement had been rushed without the proper consent of stakeholder institutions.The presidential committee was chaired […]

Srilankan airlines shows slight dip in carbon efficiency rankings for 2018

Dec 12, 2018 (LBO) – SriLankan Airlines carbon Efficiency points (EPs) points were down to 55.6 points in 2018 from 56 points in 2017, the atmosfair Airline Index which compares and ranks the carbon efficiency of the 200 largest airlines of the world showed. This tool enables passengers to compare airlines offering flights to particular destinations […]

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