Tag: lbo
Crescat Boulevard mall be revamped
Jun 17, 2020 (LBO) – Asian Hotels and Properties PLC (AHPP) announced that it would be moving forward with major investments towards the refurbishment of Crescat Boulevard. First opening its doors in 1997, Crescat Boulevard was a pioneering development at the time, and soon became an iconic location in Colombo. It was the very first […]
Emirates to begin outbound flights from Colombo on 20 June
Jun 16, 2020 (LBO) – Emirates has announced the launch of outward-bound passenger flights from Sri Lanka, starting Saturday 20 June 2020, to facilitate travel for foreign nationals as well as Sri Lankans who need to return to families, jobs or education overseas. The airline currently operates passenger flights to 30 destinations with connectivity for […]
Developers confident Sri Lanka real estate will regain momentum
Jun 16, 2020 (LBO) – Sri Lanka’s construction sector which ranks as the 5th highest in the nations GDP earnings, after services, manufacturing, agriculture and utilities reports continued interest from local and international buyers as the industry gears towards returning to construction in a COVID-19 affected world. The current pandemic has left several industries drastically […]
State Banks must play their bounden role in economic revival: President
Jun 16, 2020 (LBO) – The State Banks should make their bounden contribution to rebuild the economy which is in a perilous state due to COVID – 19 pandemic. It is the responsibility of State Banks to put in place the mechanism to implement the policies of a government. Taking forward the strategy of maintaining […]
South Asia ramps up eco-innovation to curb marine plastic pollution
Jun 15, 2020 (LBO) – The World Bank, Parley for the Oceans, and the South Asia Cooperative Environment Programme (SACEP) launched today, on World Oceans Day, a $50 million regional project to help South Asia curb its marine plastic pollution and ramp up eco-innovation to reinvent plastic use and production. The agreement was signed virtually […]
Sri Lanka Missions facilitate to regularise visa status of local in Italy
Jun 15, 2020 (LBO) – Amidst the present uncertainties of the COVID-19 pandemic and in the context of the strong bilateral relations that have continued over the years, the Sri Lankan community members in Italy have been provided the opportunity, to regularise their stay through the Sanatoria, declared by the Italian Government, as one of […]
ADB approves USD3Mn grant to assist Sri Lanka’s response to COVID-19
Jun 12, 2020 (LBO) – The Asian Development Bank (ADB) has approved a $3 million grant from its Asia Pacific Disaster Response Fund (APDRF) to further assist Sri Lanka in its response to the novel coronavirus disease (COVID-19) pandemic. The grant, which is financed by the Government of Japan and was approved on 2 June, will fund […]
Housing for middle and low income families a priority: President
Jun 12, 2020 (LBO) – President Gotabaya Rajapaksa instructed the officials of the State Development and Construction Corporation to pay attention to the construction of housing schemes for middle and low income families. President gave this directive at a meeting to review the progress of the State Development and Construction Corporation held at the Presidential […]
PUCSL to fine-tune externality, social and environmental cost of thermal power generation
Jun 12, 2020 (LBO) – The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, is all set to fine-tune the externality cost – social and environmental cost, that Sri Lanka incurred due to power generation from thermal power plants which discovered through, the study named “Estimation of External Cost of Thermal Power […]
PR Wire expands into insights and intelligence services
Expanding its Strategic Public Relations offering, PR Wire, a leading Public Relations Consultancy, launched PR Wire Intel™, delivering powerful business insights leading to intelligence and decision making. Most businesses having identified the importance of solutions which help in decision making and are gradually turning towards services that would assist in realizing and understanding its market, […]
President wants quick solutions to fertilizer related issues
Jun 10, 2020 (LBO) – President Gotabaya Rajapaksa instructed officials to find immediate solutions to issues faced by farmers relating to the supply, distribution and use of fertilizer. The issue of fertilizer is a common occurrence in many districts when cultivation starts. Short, medium and long term solutions should be found to address the issue, […]
Nations Trust Bank offers easy access to your statements
Jun 10, 2020 (LBO) – Nations Trust Bank achieved another “first” in the industry by introducing “Nations Online Statement Platform”. Customers of Nations Trust Bank can now log in from anywhere at their convenience, using their registered mobile number and access their bank statements and transaction histories. Nations Direct, the suite of digital banking services […]