LBOTv : Innomantra India sees immense opportunity for innovation with Sri Lanka

As the digital economy brings large and small companies together, smaller countries in Asia like Sri Lanka can become the drivers of innovation, India’s leading innovation and intellectual property consulting firm Innomantra says. Speaking to LBO Tv Managing Director and Chief Executive Officer of Innomantra Consulting, Lokesh Venkataswamy said that Sri Lanka is a land […]

Sixways Sri Lanka can attract more foreign investment

A Blog by Tatiana Nenova To facilitate Foreign Direct Investment (FDI), Sri Lanka launched last week an innovative online one-stop shop to help investors obtain all official approvals. To mark the occasion, this blog series explores different aspects of FDI in Sri Lanka. Part 1 put forth 5 Reasons Why Sri Lanka Needs FDI. Part […]

Beira Lake to be developed into Commercial hub in Colombo

Jun 13, 2018 (LBO) – Over 200 acres of land around the Baire Lake in Colombo 02 belonging to the Ports Authority, Sathosa and Transport Ministry are being developed as Commercial hub, the ministry of Megapolis and Western Development said.Speaking at the launch of a three kilometre linear park along Beira Lake Megapolis Minister Patali Ranawaka […]

Fairfield Holdings acquires controlling interest of Alethea Group

Jun 12, 2018 (LBO) – Alethea Group, a private educational institution has divested controlling interest of its equity to Fairfield Holdings at end May 2018.The transaction was arranged and supervised by M Power Capital which was responsible for the overall transaction as well as sell-side advisory for Alethea, while PwC was the adviser on the […]

Sri Lanka Eco summit to focus on the fast track to a turnaround

Jun 12, 2018 (LBO) – Sri Lanka Economic Summit 2018, organized by the Ceylon Chamber of Commerce to take place on 12th – 14th September at Cinnamon Grand Colombo will be themed “On the Fast Track to a Turnaround”.Sri Lanka’s economy is once again at a crucial juncture in need of a swift and well strategized […]

All set for Tuesday summit between USA and North Korea in Singapore

Jun 11, 2018 (LBO) – The United States State Department says all is set and President Donald Trump is “well prepared,” and their “position remains clear and unchanged” a day ahead of the historic summit with North Korea. “The President and the entire U.S. team are looking forward to tomorrow’s summit. We have had substantive […]

High Tech Swiss firm eyes Sri Lanka for investment

Jun 11, 2018 (LBO) – KUK Electronics AG, a high technology swiss electronic manufacturer are exploring the the possibility of setting up a manufacturing plant in Sri Lanka with the objective of exporting their products. KUK Electronic AG, which was established in 1990 in Appenzell, Switzerland, operates production facilities in China, Slovakia, France, The Netherlands […]

SLASSCOM to organise IT /BPM week in Galle

Jun 11, 2018 (LBO) – As part of SLASSCOM’s initiative to advocate the creation of regional cities and bring about inclusive growth to Sri Lanka, it is organising Galle IT/BPM Week on 22 June, 6th and 7th of July 2018 to build human capacity in the regional cities. Galle IT Week is the third of […]

S&T Interiors Sri Lanka to debut first overseas project at Marriott Maldives

Sri Lanka’s most exclusive turnkey contracting and interior fit-out company, S&T Interiors Sri Lanka is rapidly nearing completion on its milestone project for the Marriott Maldives Resort and Spa. The project marks S&T Interiors Sri Lanka’s first first-ever international project and follows on several high-end domestic projects – from the Mövenpick City Hotel in Colombo […]

Laugfs empowers future generations with Nana Maga Math camps

The LAUGFS Nana Maga Math Camps conducted in collaboration with the Ministry of Education marked another milestone of assisting over 1500 students to strengthen their mathematics knowledge through skill enhancement.The 10th programme was recently conducted in Matara with over 150 G.C.E. (Ordinary Level) students. The LAUGFS Nana Maga Math Camps project was launched last year […]

 Sri Lanka Big Bad Wolf book sale from 28th June – 8 July

The 24-hour book sale returns to Sri Lanka with over 1.5 million books at 60%-80% discounts this 28 June – 8 July The Big Bad Wolf Book Sale announced its return to Sri Lanka today at a press conference held at Park Street Mews, Colombo. Known as the world’s biggest book sale, the Big Bad […]

Malik visits German Engineering Company at Katunayake BOI  

Malik Samarawickrama Ministry of Development Strategies and International Trade visited the Kramski Lanka (Pvt) Ltd manufacturing plant at the BOI’sKatunayake Export Processing Zone.  This German Enterprise was established in Sri Lanka in 1993 and has been engaged as a BOI project in the designing and manufacture of advanced products utilized in complex engineering processes.  Kramski […]

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