Tag: lka
‘t get nomination: Rajitha Senaratne
June 18, 2015 (LBO) – Sri Lanka’s President would not allow the comeback of former President Mahinda Rajapakse, and the party will not give nomination to him in the forthcoming general election, Cabinet spokesmen Rajitha Senaratne told reporters today in Colombo.“The six member committee of the SLFP met the President last evening and asked whether […]
SriLankan flight experiences turbulence, minor injuries to crew
June 18, 2015 (LBO) – Sri Lanka’s state airline, SriLankan Airlines’ Colombo bound flight UL 564 from Paris had experienced a turbulent weather conditions over the Arabian Sea, close to India, landed safely at BIA this morning, the airline said in a statement.The Aircraft was an Airbus 330-200. SriLankan says the flight was carrying 193 […]
‘l bids to be opened for cross country oil pipeline
June 18, 2015 (LBO) – Sri Lanka’s government to call for an open international tender to construct a new pipeline network that carries oil from Colombo Harbour to Kolonnawa wholesale terminal, cabinet spokesperson Rajitha Senaratne said.He said the existing network is 40 to 70 years old and is in a very dilapidated status. A proposal […]
Sri Lanka Tourism – Air India tap into Trade Tourism
June 18, 2015 (LBO) – Sri Lanka’s tourism promotion bureau and Air India signed a joint promotion to target the top end of Delhi outbound traveler into Sri Lanka, a statement said.India is the biggest tourist arrival market for Sri Lanka with Indian arrivals clocking in a 38.2 percent growth in May and cumulative growth […]
Sri Lanka mulls national policy for economy after polls
June 17, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake said that the government plans to bring a national policy for the economy following the scheduled general election and the forming of a new government.“A National policy needs to be brought in.At the moment it is still a fragile situation,” Ravi Karunanayake told LBO […]
Sri Lankan resort wear brand partners with Zalora – Asia’s largest online fashion store
June 17, 2015 (LBO) – Sri Lanka’s Rum Punch, an exclusive brand of resort wear is to be retailed on Zalora – Asia’s largest online fashion store, later this month. “We were very impressed by Rum Punch’s perspective on fashion,” said Joanne Teh Ai Ling – Swimwear Buyer at Zalora. “It’s chic, trend right, and […]
Sri Lanka bloated public sector needs HR reforms to create national prosperity: HR expert
June 17, 2015 (LBO) – Sri Lanka’s laid back public sector needs human resource reforms to help the country move forward and create national prosperity, a human resource expert said.“Unfortunately it reminds me the value of human resource development is yet to develop in the public service who is expected to make a crucial contribution […]
Sri Lanka Tourism – Korean Air to promote South Korean market to double the visitors
June 15, 2015 (LBO) – Sri Lanka tourism promotion bureau joined hands with Korea Airlines to promote tourism to the South Korean market in order to double the arrivals to the Island, a statement said. “Sri Lanka currently attracts 13,000 visitors from South Korea and we want to double this volume within a year and […]
Aitken Spence to build two resorts in Maldivian Islands, bullish about tourist potential
June 15, 2015 (LBO) – Sri Lanka’s Aitken Spence group said it plans to start construction of two new resorts in Maldives which will add 360 room to its portfolio and boost capacity in Maldives by 57 percent. The group acquired two islands, Aarah Island in Raa Atoll in 2014 and Raa Fushi in Noonu […]
EAP Broadcasting to get new rating for debt issue
June 11, 2015 (LBO) – Sri Lanka’s EAP Broadcasting Company Limited said that it has taken all the steps necessary to obtain another rating for its proposed debenture issue which was to be held today.Sri Lanka’s securities watch dog issued a directive to EAP Broadcasting Monday to hold its debt issue citing a conflict of […]
Sri Lanka PM ordered UDA to stop land acquisition in the Colombo District
June 11, 2015 (LBO) – Sri Lanka’s Prime Minister Ranil Wickramasinghe instructed Urban Development Authority to immediately stop land acquisition activities in the guise of development in the Colombo District and to stop forceful evictions and acquisitions. A statement released by the Prime Minister’s Office said that the Chairman was further instructed to device a […]
Sri Lanka’s Seylan Bank launches new breed of credit cards
June 10, 2015 (LBO) – Sri Lanka’s Seylan Bank launched a new line of credit cards eliminating all fees and slashing down the interest rate, the bank said.“We found that while consumers appreciate the security and convenience offered by credit cards, they are increasingly weary of the plethora of fees charged,” Kapila Ariyaratne, Director and […]