Category: Other
Opinion: The Glyphosate Story, CKDu, food security and national economy
Time-tested weed control techniques/tools such as glyphosate,have been removed without scientific proof, affecting our food security and national economy The ban has opened up avenues for business crooks to import the product illegally Glyphosate ban should be lifted and we should continue research on effective and economically viable alternatives By Professor Buddhi Marambe […]
Virtusa says 85-pct businesses plan to invest in digital transformation in 2018
Virtusa Corporation(NASDAQ GS:VRTU), a global provider of digital engineering and IT outsourcing services that accelerate business outcomes for its clients, announced the findings of The Digital Transformation Race Has Begun, a September 2017 study commissioned by Virtusa and conducted by Forrester Consulting, that reflects the digital maturity of firms worldwide. The study evaluates the state of […]
DFCC relaunches their credit cards
DFCC Bank relaunched their Credit Card range at a special event on 28 March at the Cinnamon Grand, Colombo amidst a large gathering of clients, prominent personalities, Directors, CEOs, top Executives and Business Leaders of the industry.Adding a nice twist to the event, a fashion show was staged depicting the variety of cards the Bank […]
HSBC partners Govt for twelfth successive sovereign bond issuance
The Central Bank of Sri Lanka (CBSL), on behalf of the Democratic Socialist Republic of Sri Lanka, successfully launched and raised USD 2.5 billion in a dual-tranche 5 and 10 year bond. The transaction was the twelfth US Dollar benchmark offering in the international bond markets by Sri Lanka since 2007, and its largest offshore […]
Sri Lanka President to attend CHOGM in London and meet UK PM May
Apr 16, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena left for the United Kingdom, Sunday to attend the Commonwealth Heads of Government Meeting (CHOGM) to be held in London. The President will attend a series of meetings scheduled to be until April 20 including meetings with British Prime Minister Theresa May, Commonwealth Secretary General […]
Sri Lanka Govt call for expediting activities related to exploration and production of petroleum
Apr 12, 2018 (LBO) – Sri Lanka’s cabinet of ministers has called for an action plan for expediting the activities related to exploration and production of petroleum. It has been planned to enter in to agreements with selected companies to explore the petroleum in Eastern Coastal area and shallow sea areas, a cabinet statement said. “The attention […]
LAUGFS Car Care continues expansion with launch of new service station in Galle
(PRESS RELEASE) – Marking another momentous milestone, LAUGFS Car Care enters the Southern Province with the launch of its first brand-new service station in Galle. Renowned for its commitment to delivering uncompromising service standards for clients of all vehicle types, this newest addition will further strengthen LAUGFS Car Care’s network of service stations across the […]
European Union parliament delegation visits BoI Katunayake
Apr 11, 2018 (LBO) – A delegation consisting of 6 members of the European Parliament visited the Katunayake Export Processing Zone following an invitation by the Management of Board of Investment of Sri Lanka. The delegation consisting of Mr. Jan Zahradil Member of the European Parliament (MEP) and Leader, MSajjad H Karim( MEP), Paul Rubing(MEP), […]
Sri Lanka launches guide to manage public enterprises
Official Launch of “Handbook on Good Governance for Chairmen and Boards of Directors of Public Enterprises” Speaker’s speech. 10th April 2018 – Auditorium of CA Sri Lanka, Malalasekara Mw, Colombo 07. I am pleased to be here with you on the occasion of launching of the Handbook on Good Governance for Chairmen and Board of Directors of Public Enterprises. […]
EU to turn on new law amidst Facebook, YouTube criticized for data misuse
Apr 10, 2018 (LBO) – European Union’s wide data protection instrument, the General Data Protection Regulation (GDPR) will become directly applicable on 25 May 2018, two years after its adoption and entry into force. On 6 April 2016, the EU agreed to a major reform of its data protection framework, by adopting the data protection […]
Shop with FriMi at Keells outlets island-wide
FriMi, the innovative payment platform recently added KeellsSuper to its growing list of partner merchants. FriM iusers can now enjoy a revolutionary shopping experience at KeellsSuper island-wide and enjoy exclusive FriMi offers when they shop. Elaborating on the ease of using FriMi for everyday transactions FriMi Digital Bank(Nazeem Mohamed – Head of FriMi Digital Bank) stated;“Our […]
Sri Lanka to despatch its largest ever trade delegation to London
This year Sri Lanka will despatch its largest ever business and trade delegation targeting the Commonwealth. Sri Lanka is also scheduled to unveil its new country branding & slogan for its ICT sector in London next week. “Sri Lanka is one of the Strategic Partner Countries of 2018 CBF. Therefore the Department of Commerce under […]