‘s GDP seen up 5.3-pct in 2016, investment to rise, says ADB

Mar 31, 2016 (LBO) – Sri Lanka’s gross domestic product (GDP) growth is expected to rise to 5.3 percent in 2016 as private sector investment picks up once fiscal reforms are committed , a new Asian Development Bank (ADB) report says. “Fiscal consolidation is to be put back on track by a revision of the […]

Sri Lanka to boost tourism through travel blogger conference

Mar 29, 2016 (LBO) – Sri Lanka is planning on boosting its travel industry through the Travel Bloggers Conference Asia 2016 to be held in June with the inclusion of Cinnamon Travel Blogger Awards that recognises the contribution and role that travel bloggers play in the travel and tourism industry. The Cinnamon TBCasia is an […]

ADB announces loan auction for Sri Lankan SME sector

Mar 28, 2016 (LBO) – Asian Development Bank announced the first auction of a 12.5 million US dollar tranche of re-finance funds for Sri Lankan banks to provide loans for small and medium enterprises in Colombo, Monday. “This is the first time ADB is disbursing funds in this manner where funds will be allocated through […]

Huawei launch experience store in Sri Lanka

March 28, 2016 (LBO) – Huawei, launched a new Experience Store at Majestic City, Colombo allowing its customers a more personal experience when purchasing their smartphone and accessories. “We remain committed to Sri Lanka, and the opening of the Huawei Experience Store in Colombo exemplifies our focus to offer the best quality service and accessibility to […]

Sri Lankan launches Google Online Shopping Festival powered by wOw.lk

wOw.lk, Sri Lanka’s largest online shopping mall, and a subsidiary of Dialog Axiata PLC has partnered with Google to introduce another “first” for the ecommerce industry. Modelled on the highly successful online shopping festivals such as the Great Online Shopping Festival (GOSF) in India and Singapore, a new online shopping site www.megapola.lk will be launched […]

Sri Lanka tea sees better demand for low growns

Mar 24, 2016 (LBO) – Sri Lanka’s tea prices in overall auction offerings were marginally lower with better demand for low grown and mid to high grown prices easier, Forbes & Walker Tea Brokers said in their latest report. “Low grown continued to witness better demand in general and consequently, a dearer trend in prices while high […]

Sri Lanka gets direct cargo link between Colombo and Yangon

Mar 24, 2016 (LBO) – Sri Lanka’s Continental Shipping Lines’ “Pathien Star” made it’s inaugural call at the Jaya Container Terminal in Colombo yesterday. The vessel is scheduled to leave for Port Yangon of Myanmar soon. “This is the first time that a direct cargo link has been established between Colombo and Yangon opening a new […]

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 […]

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