Sri Lanka – UNWFP join hands to improve nutrition and food security

Jul 23, 2018 (LBO) – The UN World Food Programme (WFP) and the government of Sri Lanka have signed a Letter of Understanding (LOU) on its next phase of partnership to enhance food security and nutrition, in support of the government’s Vision 2025 and sustainable development goals. The LOU was signed by Dr. R. H. […]

LAUGFS IT triumphs at BestWeb.lk 2018

LAUGFS IT successfully clinched multiple awards for the fourth year at the recently concluded “BestWeb.lk 2018” competition. The LAUGFS Holdings corporate website bagged the Gold Award in the ‘Corporate Category’, Bronze Awards in the ‘Overall Category’ as well as the ‘Special Category for the Best Tamil Website’, and the Merit Award for the ‘Best Web […]

Janashakthi Life’s high-flyers qualify for million dollar round table

Janashakthi Insurance PLC announced that 14 members from its Sales team had qualified for the prestigious Million Dollar Round Table (MDRT) membership in 2018. This continues Janashakthi’s long streak of double digit MDRT qualifiers. Amongst this year’s group are several 2nd and 4th time qualifiers including H L A Harshana from the Company’s Colombo City […]

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Jul 20, 2018 (LBO) – Fitch Ratings has assigned Singer (Sri Lanka) PLC’s (A- (lka)/Stable) proposed senior unsecured redeemable debenture issue of up to LKR1.5 billion an expected National Long-Term Rating of ‘A-(lka)(EXP)’. The proposed debenture is rated at the same level as Singer’s National Long-Term Rating, fitch said. The full statement follows Fitch Ratings-Colombo-20 July […]

National Export Strategy: Sri Lanka targets USD28Bn in exports by 2022

Jul 20, 2018 (LBO) – Sri Lanka’s government unveiling the ‘National Export Strategy (2018-2022)’ in Colombo yesterday said it plans to increase the capacity of the local export sector while also improving trade performance and competitiveness. The five-year plan will help to make Sri Lanka a major regional export hub with the launch of this […]

‘s Pulimood Memorial Oration

July 20, 2018 (LBO) – Visakha Vidyalaya will hold its annual Susan George Pulimood Memorial Oration on the 23rd July to commemorate the birthday of Mrs. Pulimood who served the school as Principal for 22 years. This year the oration  will be delivered by Prof. Niranjanie Ratnayake, Emeritus Professor, Department of Civil Engineering, University of Moratuwa, President, Institution […]

Anantaya Resorts and Spas receive TripAdvisor certificates of excellence 2018

Reaffirming its efforts toprovide an exceptional guest experience, Anantaya Resorts and Spas recently received the ‘Certificate of Excellence 2018’ from TripAdvisor.Offering a luxury experience amidst tranquil settings, the Anantaya Resorts in Pasikudah and Chilaw have consistently earned positive reviews from both local and international travellers. Commenting on the certificate received, LAUGFS Leisure Director/Chief Executive Officer, […]

AMCHAM presents insights on FDI and U.S. investor perspectives in Sri Lanka

Jul 18, 2018 (LBO) – In order to facilitate continued investment within Sri Lanka it is important to have clarity on the FDI landscape, and identify potential barriers as well as possible solutions, the American Chamber of Commerce (AMCHAM) in Sri Lanka said. The Chamber releasing a statement said that these are the key objectives addressed […]

Global businesses turn to Oracle blockchain service to speed transactions securely

Arab Jordan Investment Bank, CargoSmart, and Intelipost are among early adopters of enterprise-class distributed ledger service  July 16, 2018 (media release) – Businesses around the world have been deploying an early adopter version of Oracle Blockchain Cloud Service, which becomes generally available today. The service allows organizations to easily build blockchain networks to drive more secure […]

Virtusa’s Kris Canekeratne selected as EY Entrepreneur of the year 2018

Jul 18, 2018 (LBO) – Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering, and IT outsourcing services announced that its Chairman and CEO, Kris Canekeratne, is a winner of the EY Entrepreneur of The Year® 2018 Award in the New England region for the Business Process Outsourcing category. The awards program took place on June 28, […]

Blue Ocean Group wins multiple awards at Asia Property Awards 2018 in Sri Lanka

Blue Ocean Group, one of Sri Lanka’s leading real estate developer was yet again in the limelight at the inaugural PropertyGuru Asia Property Awards – Sri Lanka award ceremony recently held at the Shangri-La Hotel, Colombo. Blue Ocean Group was nominated for an impressive total of eight awards including multiple nominations for the Special Recognition […]

Altair takes top honours at 2018 PropertyGuru awards in Colombo

Altair won four top awards at the 2018 PropertyGuru Asia Property Awards in Colombo, taking the major honours at this prestigious event held for the first time in Sri Lanka to recognise leading players in the country’s real estate sector.The iconic twin tower luxury residential development was presented with the Overall Award for ‘Best Condominium […]

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