Sri Lanka’s first Marine Finfish Hatchery established in Batticaloa

Sri Lanka’s first Multi-Species Marine Finfish Hatchery was inaugurated in Tharmapuram, Batticaloa to facilitate the development of marine finfish farming, and produce sufficient amounts of marine fish to meet the demands of the national and international markets. The hatchery was ceremonially declared open by Minister of Fisheries and Aquatic Resources Development Hon. Mahinda Amaraweera. The […]

JICA to provide Doppler Weather Radar Network to Sri Lanka

June 30, 2017 (LBO) – Japan International Cooperation Agency (JICA) has signed a grant agreement with Sri Lanka to establish a Doppler Weather Radar Network in the country. The agreement was signed between Treasury Secretary R.H. Samaratunga and Chief Representative of JICA Sri Lanka Office Fusato Tanaka on Friday with a view to provide the […]

LOLC Finance takes top honours at LankaPay Technnovation Awards

Sri Lanka’s Non-Banking Financial Institution (NBFI) giant, LOLC Finance PLC bagged three top awards at the LankaPay Technnovation Awards 2017 held recently for the very first time competing against prestigious Banks and NBFIs to gain these top positions. At the glittering awards ceremony, LOLC Finance was bestowed with the following coveted titles: 1) Financial Institution […]

CA Sri Lanka Applied Accounting Degree marks highest-ever intake in 2017

The BSc. Applied Accounting Degree offered by CA Sri Lanka which has gained much respect and popularity amongst students and employers within a short span of time, recorded the highest ever intake this year, with over 500 students including foreign students following the specialised degree. Explaining the reasons why the BSc. Applied Accounting Degree has […]

Prasad Kariyawasam re-elected to UN Committee on Migrant Workers

Sri Lanka’s Ambassador to the USA, Prasad Kariyawasam, who has been a member of the UN Committee on Migrant Workers since its inception in March 2004, and the first Chair of the Committee , was re-elected for the fourth time at the Election held at the UN in New York on 28 June 2017, at […]

CB’s Jaffna regional sub-office shifts operations to Kilinochchi

Amalgamation of the Operation of Regional Sub-office of the Central Bank of Sri Lanka in Jaffna with Regional Office in Kilinochchi The public is hereby notified that the Regional Sub-office of the Central Bank of Sri Lanka (CBSL) in Jaffna shifted its operations to Regional Office, Ariviyal Nagar, Kilinochchi with effect from 15 June 2017. […]

‘s SAGT goes live with Navis terminal system

June 28, 2017 (LBO) – Navis, a part of Cargotec Corporation, a provider of operational technologies and services across the shipping supply chain, said South Asia Gateway Terminal (SAGT) in the Port of Colombo has successfully gone live with Navis’ N4 terminal system and N4 Billing. “SAGT selected the Navis terminal system to better optimize […]

Japanese ambassadors in five SAARC countries meet Foreign Minister Ravi

June 28, 2017 (LBO) – Japanese ambassadors in five SAARC countries India, Nepal, Maldives, Pakistan and Bangladesh met Foreign Minister Ravi Karunanayake Tuesday at the Ministry. “The ambassadors hailed the ongoing development activities in Sri Lanka and pointed out the growth in the country is a matter of pride for other nations in the region,” […]

CA Sri Lanka confers CPFA qualification to senior public servants

Over 130 senior public servants were recently conferred with the Chartered Public Finance Accountancy (CPFA) qualification at the inaugural CPFA Convocation organised by the CA Sri Lanka Public Sector Wing, the Association of Public Finance Accountants of Sri Lanka (APFASL), in an effort to strengthen the country’s public financial management. The qualification was granted to […]

Hirdaramani Garments & Isebella Socks starts production line in Ethiopia

The grand production inauguration ceremony of the Hawassa Industrial Park in Ethiopia that has attracted 18 leading global apparel and textile companies was held on 20th June 2017 at the Industrial Park with the participation of the Ethiopian Prime Minister Hailemariam Desalegn, senior Ministers of the government, Ambassadors, senior government officials and the company owners […]

Opinion: Despite Trump-Modi bonhomie, Indo-US economic relations in doldrums

By P.K.Balachandran Despite words signifying undying friendship and bear hugs, which marked President Donald Trump’s interaction with Indian Prime Minister Narendra Modi in Washington on Monday, economic relations between the United States and India seem destined to remain in the doldrums indefinitely. While there was a strong understanding on cooperation to tackle terrorism and on […]

Facebook, Microsoft, Twitter, YouTube in forum to counter terrorism

June 27, 2017 (LBO) – Facebook, Microsoft, Twitter and YouTube announced Monday the formation of a ‘Global Internet Forum to Counter Terrorism.’ The companies in a joint statement said the forum “will help us continue to make our hosted consumer services hostile to terrorists and violent extremists.” The forum builds on the EU Internet Forum […]

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