Classical Pianist Richard Clayderman to perform in Sri Lanka

Richard Clayderman, the French Classical Pianist is set to perform in Sri Lanka at the NelumPokuna on April 8th, 2016. The concert is being organized by Hussain Shirufaz of Helix Krest Holdings (Pvt) Ltd. Event Partners have been announced as Yamaha Music and Hotel Hilton Colombo whilst Media Sponsors are Legends, Yes FM and TV1. […]

Australian High Commissioner visits development projects in North

The Australian High Commissioner, Mr Bryce Hutchesson, visited the Northern Province on 16-18 March 2016 to meet with key government interlocutors and inspect Australian-supported development projects. In Jaffna, Mr Hutchesson had productive discussions on the political, economic and development situation in the North with Governor Reginald Cooray, Chief Minister C.V. Wigneswaran, Security Forces Commander, Jaffna, […]

Lionel Messi Joins the Huawei Family of Global Brand Ambassadors

Huawei, global leading company in ICT and telecommunication solutions, today announces Lionel Messi’s appointment as the latest Global Brand Ambassador to the company. The partnership with Lionel Messi showcases the brand’s alignment with people and brands that demonstrate, and strive towards its shared value of connecting greatness. Challenges test our desire to achieve what we […]

CSE Wins Global HR Excellence Award

  The Colombo Stock Exchange (CSE) won the award for “The Most Innovative Use of Training and Development” at the recently concluded World HRD Congress in Mumbai, India. Attracting participation from organizations representing over 100 countries, the Global HR Excellence Awards recognize organizations and HR professionals for excellence in HR strategy and people management. Diverse training needs and unique operational […]

Debt crisis in developing nations likely if slowdown continues: Kelegama 

Mar 21, 2015 (LBO) – The main priority for policy makers worldwide should be to support a robust and balanced global recovery, a Sri Lankan economist said. This involves promoting cooperation in reforming the international financial system, and ensuring sufficient resource flows to developing economies, Saman Kelegama, executive director of the Institute of Policy Studies […]

PUCSL seeks explanation from Sri Lanka’s power utility  for recent  cuts

Mar 18, 2016 (LBO) – Sri Lanka’s Public Utitilies Commission (PUCSL) has called on the Ceylon Electricity Board (CEB) to give valid reasons for recent island-wide power failures and recommended measures to prevent a repetition, a statement said. “It is the responsibility of the transmission licensee, the CEB to maintain an uninterrupted power supply throughout […]

LAUGFS Lubricants expands to serve the Northern Province

LAUGFS Lubricants (Pvt) Ltd, the first Sri Lankan company to enter the local lubricant industry back in 2008, has further expanded its product portfolio to the Northern Province. The appointment of distributorship for the Anuradhapura region took place recently with the presence of company senior officials. This is also expected to serve customers in the […]

Sri Lanka up 15 notches in World Happiness Report 2016

Mar 17, 2016 (LBO) – Sri Lanka’s happiness has climbed 15 places to rank at 117 position bagging 4.415 points in the latest World Happiness Report published on Thursday. The country was ranked 132th in the second edition of the report published in 2015. Denmark topped the ranking while Switzerland bagged the second place in […]

71 Commercial Bank branches to be kept open on Good Friday

For the second time this month, the Commercial Bank of Ceylonwill keep71 branches open for business on a Public and Bank holiday, this time on 25th March, which is Good Friday. The Bank has announced that its30 Supermarket Banking Centres and 25 ‘365-day’ branches will work their customary hours on that day, while another 16 […]

Commonwealth Secretariat to help Sri Lanka set up Exim Bank

Mar 17, 2016 (LBO) – Sri Lanka’s exporters will soon see the setting of an Exim Bank for their credit purposes with the help of Commonwealth Secretariat, a senior official from the Secretariat said. “Having learnt of the proposal we at Commonwealth Offices in London gave the first Exim Bank concept paper to the Government of Sri Lanka […]

European Commission announces Euro 38 mn for development in Sri Lanka

  Mar 16, 2016 (LBO) – The European Commission co-signed two new support programmes worth 38 million Euros in the field of rural development and trade with Sri Lanka, a EU statement said. “Now our focus is on providing long-term support towards poverty reduction and local economic development,” Neven Mimica, EU Commissioner for International Cooperation […]

Carl Cruz assumes duties as Chairman of Unilever Sri Lanka

  With effect from March 1, 2016, Carl Cruz assumed duties as Chairman of Unilever Sri Lanka, taking the helm from his predecessor, Shazia Syed who has returned to Pakistan to assume her duties as the Chief Executive Officer of Unilever Pakistan. Carl arrived in Sri Lanka from the Philippines, where he last served as […]

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