Category: Other
”’ voted best Booker Prize winner in history
July 10, 2018 (LBO) – Sri Lankan born Michael Ondaatje’s novel “The English Patient” has been voted the best Man Booker Prize winner ever in the 50 year history of the award. Many of Ondaatje’s works have Sri Lankan subject matter or influence giving his writings a deep connection to the island where he spent […]
World Finance Banking Awards recognize Sampath Bank as Best Retail and Commercial Bank
Sampath Bank was recognized as Sri Lanka’s ‘Best Retail Bank’ and ‘Best Commercial Bank’ for the 5th consecutive year at the prestigious World Finance Banking Awards awarded by UK based World Finance magazine. Continuing to win accolades both within the island and around the world, the Bank has reigned supreme at this forum, bringing home […]
Udaya Seneviratne assumes duties as Presidents secretary
Jul 06, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena has appointed Udaya Seneviratne as his new secretary following the resignation of Austin Fernando. “Mr. Udaya R. Senaviratne assumed duties as Secretary to the President this afternoon (Friday) at the Presidential Secretariat,” the Presidents media unit tweeted. He worked as the Secretary of the Ministry of science […]
Pradeep Moraes of Altair named Sri Lanka Real Estate Personality of the Year
The PropertyGuru Asia Property Awards (Sri Lanka) competition, which is being held for the very first time in Colombo on 12 July 2018, has chosen its first-ever Sri Lanka Real Estate Personality of the year. Pradeep Moraes, director at Indocean Developers – the company behind the twin tower Altair, designed by celebrated architect Moshe Safdie […]
‘s farewell speech
July 6, 2018 (LBO) – Secretary to the President and lifelong public servant Austin Fernando’s farewell speech reproduced in full from the Colombo Telegraph: Born on 12th June 1942, having had my primary education at Hikkaduwa Sinhala School, post-primary education at Richmond College, Galle, I was admitted to University of Ceylon, Peradeniya in July 1960. […]
Janashakthi and ayubo.life partner to spread the benefits of wellness
Revolutionizing Insurance consumption, Janashakthi Life is partnering with ayubo.life to provide their corporate policyholders with the renowned benefits of wellness. Understanding that preventative measures yield better healthcare results over the long term, Janashakthi Insurance has made this revolutionary service available to their corporate policyholders, ensuring that companies are able to remain competitive in the modern […]
CA Sri Lanka, CMA & AAT unveils ‘Creating a Profession Par Excellence’
Global accounting body president in high praise of Sri Lankan accounting bodies President of the International Federation of Accountants (IFAC), Ms. Rachel Grimes praised the country’s top three local accounting bodies; CA Sri Lanka, CMA Sri Lanka and AAT Sri Lanka for coming together to strengthen the profession by launching the ‘Creating a profession Par […]
Sri Lanka retains Tier 2 ranking in US Trafficking in Persons Report
July 05, 2018 (LBO) – Sri Lanka retained its Tier 2 ranking in the US State Department Trafficking in Persons (TIP) Report for the second consecutive year, according to the 2018 report released recently. The TIP report 2018 states that the Government of Sri Lanka demonstrated increasing efforts compared to the previous reporting period and […]
‘The Frozen Fire’, first Sri Lankan movie to enter mainstream category at Oscars
Jul 05, 2018 (LBO) – For the first time in the history of Sri Lankan film industry, a movie from the local industry will vie for Oscars 2019. The movie titled ‘The Frozen Fire’, directed by Anuruddha Jayasinghe, is the first Sri Lankan movie to enter in mainstream ‘Best Picture’ category of Oscars 2019, officials […]
Sri Lanka to obtain 100bn yen from MUFG Bank for Central Expressway phase 3
July 04, 2018 (LBO) – Cabinet has approved a proposal presented by Prime Minister to enter into an agreement with MUFG Bank in Japan to obtain 100 billion Japanese Yen for the Central Expressway Phase 3. The Government has planned to construct 32.5 km distance of the Central Expressway (Phase 3) from Potuhera to Galagedara […]
Outgoing US ambassador to Sri Lanka meets Speaker Karu Jayasuriya
Outgoing United States Ambassador to Sri Lanka Atul Keshap has met Speaker Karu Jayasuriya yesterday.
Lanka Sathosa e-commerce website to start direct online sales in six months
Despite an FMCG market decline for two quarters in a row across the country, Sri Lanka’s largest state-owned retail chain has successfully boosted its own turnover with stronger numbers to Rs 31 Bn-highest so far. “I am pleased to say that Lanka Sathosa achieved Rs 31 Bn turnover last year, the highest so far in […]
