Category: Other
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 […]
Sri Lanka Ports Authority posts 15.3-pct growth in 1Q 2018
May 07, 2018 (LBO) – Sri Lanka Ports Authority has recorded a total growth of 15.3 percent in terms of profits for the first quarter of 2018 with Colombo Port alone posting a 16.2 percent growth. In 2017, Sri Lanka Ports Authority (SLPA) posted 45.6 billion rupees as revenue and a net profit after tax […]
Tourism industry welcomes directive to demolish Illegal structures in coastal areas
The tourism industry has welcomed the directive issued by President Maithripala Sirisena to demolish unauthorized structures in Mirissa and other areas. Minister of Tourism Development and Christian Religious Affairs, John Amaratunga said the President’s unwavering stance on the matter has sent a clear signal to those flouting the law to fall in line. “I salute […]
MRP increase only applicable to milk powders manufacture after May 5
Following a decision of the Cost of Living Committee dated May 1, 2018 to allow increasing of the Maximum Retail Prices (MRP) of milk powder by Rs 20.00 (for 400 grams) and Rs 50.00 (for one Kg), it has now been decided to allow for such an increase in the local market effective midnight of […]
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 […]
Understand how to become globally competitive at ‘Future of Business’ Event
Leading manufacturers from diverse sectors will share their expert insights on how they have improved productivity through process innovation in order to plug into global value chains, at the upcoming ‘Future of Business – Innovation Strategy and Learning Event’ of the Ceylon Chamber.The session titled ‘Propelling Productivity – The Role of Process Innovation’ will focus […]
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 […]
Seylan Bank reports 21-pct growth in 1Q 2018; records PAT of Rs.1,053 Mn
Seylan Bank made a steady start in 2018 by posting a Profit after Tax of Rs. 1,053 Million in Q1 despite less than ideal market conditions. Net interest income increased by 17.21% as the volume growth outperformed the impact arising from the narrowing of NIMs. Net fee and commission income witnessed a growth of 14.61% […]
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 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 […]