Category: Industry
Facebook focuses on Digital Literacy to improve online safety in Sri Lanka
Facebook’s efforts to tackle misinformation, promote online safety in Sri Lanka and boost digital literacy skills were among several topics debated at a fireside chat on Saturday, held as a part of the Fairway Galle Literary Festival 2019. Speaking to an audience of authors, professionals, academics and journalists, Shelley Thakral – Facebook’s Head of Policy […]
Workshop on Hosptality Management by Prominant Consultant and Hotelier
Nirmalan Nagendra, Consultant, Hotel Advisory of KPMG, Colombo was the key speaker at the Hospitality Management Workshop on 11 January 2019, organized specifically for hoteliers by the Sri Lanka branch of the UK Charted Management Institute, and sponsored by Lithro Gas, Sri Lanka. General Managers, Excom Members, and Senior Managers of hotel trade featured at […]
Central Bank warns public of an ongoing phishing attempt targeting EPF
Jan 18, 2019 (LBO) – Central Bank advice general public and institutions to be alert of a phishing attempt that has been initiated targeting mainly the financial institutions of Sri Lanka. “It has been reported to the Central Bank that a phishing attempt has been initiated targeting mainly the financial institutions of Sri Lanka,” Central Bank […]
SriLankan fleet has one Airbus not in use; one engine fitted to another aircraft
Jan 18, 2019 (LBO) – SriLankan Airlines revealed that its fleet has one Airbus A330-200 aircraft bearing the serial number MSN-1008 and CAASL registration number 4R ALS that is not currently being used due to several reasons. The airline said they have removed one of the engines from this aircraft and fitted it to another […]
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Jan 18, 2019 (LBO) – Fitch Ratings has affirmed SriLankan Airlines Limited’s 175 million US dollars 5.3 percent government guaranteed bonds due 2019. The rating agency, however, said that the rating is not derived from its issuer’s standalone credit profile and is therefore not comparable with that of industry peers.Fitch has rated SriLankan Airlines’s US dollar-denominated […]
Govt calls for exploration bids in block M2, Mannar Basin
Jan 18, 2019 (LBO) – Sri Lanka’s government has called for international competitive bids for exploration and development activities in Block M2, Mannar Basin, the Petroleum Resources Development Secretariat said.The M2 Block covering approximately 3,500 km2, has two gas discoveries, Dorado 91H/1z and Barracuda 1 G/1 and a number of un-drilled prospects, it added.The bidders are expected […]
Sri Lanka manufacturing activities decrease in Dec 2018
Jan 19, 2019 (LBO) – Manufacturing activities increased at a slower rate in December compared to November mainly driven by the slowdown in employment and production, especially in manufacturing of textiles, wearing apparels, leather and related activities, the Central Bank said. “A significant decline in employment was experienced as some employees moved to seasonal jobs for […]
Kavan Ratnayaka assumes duties as Chairman of Sri Lanka Ports Authority
Kavan Ratnayaka has been appointed the new Chairman of Sri Lanka Ports Authority (SLPA). Ratnayaka assumed duties as the Chairman of Sri Lanka Ports Authority (SLPA) today, 17.01.2019 with blessings of the Triple Gem at the Chairman’s office of SLPA. Speaking at the event, Minister of Port, Shipping and Southern Development Sagala Ratnayaka remarked of […]
Sri Lanka enters into five MOUs with Philippines
Jan 17, 2019 (LBO) – Sri Lanka and Philippines signed five Memorandum of Understanding (MOUs) on education, tourism, agricultural and economic corporation.Further strengthening the bilateral relations between the two nations the agreements come with President Maithripala Sirisena’s ongoing four-day state visit to the Philippines.The President arrived in Philippines on 15 January for a five-day State visit following an […]
‘s Colombo Port- city dredging completed ; Ready for investors
Jan 14, 2019 (LBO) – Sri Lanka’s proposed Financial City better known as the Port City has now fully completed land reclamation, Ministry of Megapolis and Western Province Development said. The new city will function as a special jurisdiction area with its own economic and commercial laws to facilitate operations of global multinational corporations. The completed […]
Foreign Minister calls on Sri Lankan diplomats to boost islands image through diplomacy
Jan 14, 2019 (LBO) – Foreign Minister Tilak Marapana has called on Sri Lankan diplomats to boost the image of the country overseas through efficient and effective execution of public diplomacy, utilizing its intrinsic brands such as Buddhism, gems, tea, spices, high-end export products and the warmth of traditional Sri Lankan hospitality. The Minister stressed the […]
‘s CSCEC named as contractors for TRI-ZEN
Jan 14, 2019 (LBO) – Sri Lanka’s Braybrooke Residential Towers (Pvt) Ltd announced that it had appointed China State Construction Engineering Corporation Ltd (CSCEC) as the contractor for its residential project TRI-ZEN. The culmination of an ambitious joint venture between John Keells Holdings PLC and Indra Traders, the TRI-ZEN project aims to establish a vibrant […]