Tag: lbo
President to continue in politics beyond 2020
May 08, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena says that he will not retire in 2020, instead of it he will continuously fulfill his respective duties towards the country through a new process. The President said that he will use the experiences he gained through the past three years in this regard and […]
Eminent radiation oncology expert in Sri Lanka 8-12 May
(PRESS RELEASE) – An eminent international expert in radiological physics in the treatment of cancer will be in Sri Lanka from 8th to 12th May to conduct training on Stereotactic Body Radiation Therapy (SBRT) for local Consultant Oncologists and healthcare professionals at the invitation of Ceylinco Healthcare Services Limited (CHSL). The visit of Dr Cheng […]
BCS Sri Lanka section appoints new Executive Committee for 2017/18
(PRESS RELEASE) – The BCS, the Chartered Institute for IT Sri Lanka section (BCSSL) announced the appointment of a new Executive Committee for 2017/2018 at the Annual General Meeting held recently. During the Annual General Meeting, Ruwan Amarasekara (CIO – Lankan Hospitals) was re-elected as the Chairman, Vajeendra S Kandegamage (Director/ CEO – iPropylea Pvt […]
Investor-friendly reforms to take focus in 2018 report on Sri Lanka:OBG
May 04, 2018 (LBO) – Sri Lanka’s plans to enhance its investment climate by introducing mechanisms aimed at reducing red tape and speeding up key processes will be given wide-ranging coverage in a report by the global research and consultancy firm Oxford Business Group (OBG). The Report: Sri Lanka 2018 will shine a spotlight on […]
Standard Chartered to boost investment into Sri Lanka with dedicated china desk
May 03, 2018 (LBO) – The Standard Chartered Bank (Sri Lanka) said they would be setting up a China Desk to expedite trade and business operations between the two countries. Chinese companies are showing interest in Sri Lanka under the One Belt One Road intitiative, a senior bank official said. “Many of our clients are now […]
Anantaya Pasikudah wins Booking.com guest review award
(PRESS RELEASE) – Anantaya Resort & Spa Pasikudah was recently awarded the Booking.com Guest Review Award. Offering unique experiences and exceptional service, Anantaya Pasikudah was rated a high standard property on Booking.com with an outstanding score of over nine. Commenting on the award received, LAUGFS Leisure Director/Chief Executive Officer, Roshan R. Perera said, “Being awarded the […]
Sri Lanka rupee slips to low of 158.00: Stocks down 0.2-pct
May 03, 2018 (LBO) – The Sri Lanka rupee hit a new low of 157.90/158.00 rupees against the US dollar during morning trade in the spot market. The rupee closed at 157.75/90 rupees against the US dollar in the spot market, Wednesday. While in the Colombo Stock Exchange,the All Share Price Index closed was trading at 6,530.77 […]
Sri Lanka Aggressor Safari Lodge begins operations
(PRESS RELEASE) – The Sri Lanka Aggressor Safari Lodge situated close to Wilpattu National Park in the North of Sri Lanka, officially opened for business this week with their first group of American Tourists. This is the first Safari Lodge to be opened in Sri Lanka for the USA Aggressor Luxury Franchise Group. The lodge has […]
‘s Melwa Hotels and Resorts
May 03, 2018 (LBO) – The International Finance Corporation, a member of the World Bank Group,is investing US 27 million dollars in Melwa Hotels and Resorts Private Limited towards the development of 3 hotels across Sri Lanka. The investment will increase Sri Lanka’s capacity in the tourism sector, create jobs, and generate more foreign exchange, the […]
‘s first electric vehicle plant
May 03, 2018 (LBO) – Tokyo based high-tech research and development startup is planning Sri Lanka’s first ever large, industry scale electric vehicle (EV) manufacturing facility. The proposed EV manufacturing operation is to take off by producing Sri Lanka’s first ever smart, “EV tuk-tuks.” The startup from Tokyo is also setting up international standard EV […]
Planters’ Association hails decision to lift ban on glyphosate
May 02, 2018 (LBO) – The Planters’ Association of Ceylon (PA) issued a statement commending yesterday’s Government decision to lift the arbitrary ban on the importation of glyphosate-based weedicides in view of the overwhelming scientific consensus that the substance is not harmful to human health. At the outset we wish to express our sincere and […]
Advantis projects provides logistics expertise to CEB for improved reliability of national grid
(PRESS RELEASE) – Continuing its leadership in logistics in Sri Lanka, Advantis Projects, the project logistics arm of Hayleys Advantis Limited,recently secured and completed the transportation of 12 transformers and their respective accessories as part of the Ceylon Electricity Board’s project – ‘Construction Of Grid Substations, Greater Colombo Transmission And Distribution Loss Reduction’. Amongst the […]