Category: Other
LAUGFS International launches Fujitsu dry cell batteries in Sri Lanka
LAUGFS International (Pvt) Limited, the authorized agent for Yamaha and Airman power products and Denso automotive parts, has now further expanded its portfolio as the authorized sole distributor for Fujitsu dry cell batteries in Sri Lanka. LAUGFS entered into an agreement with Fujitsu, a world renowned brand for IT innovations, providing Sri Lankan customers with […]
JAT sponsors second Building Specifiers’ Conference 2017
JAT Holdings, Sri Lanka’s award-winning conglomerate was a title sponsor of the highly successful Building Specifiers’ Conference 2nd Edition, which was held recently in Colombo on the 13th June 2017. This second successive endeavor was held within a short span of five months after the pioneering Builder Specifiers’ Conference in January this year, saw a […]
Sampath Bank named Most Innovative Bank at LankaPay Awards
Continuing to win accolades for its spirit of innovation, Sampath Bank was recognized as Sri Lanka’s “Most Innovative Bank” at the LankaPay Technnovation Awards 2017 held on 20th June 2017. The award is yet another testament to the Bank’s contributions to the development of the nation’s financial services industry through its 30 year colourful journey. […]
Eminent economist Dr. Saman Kelegama passes away
June 23, 2017 (LBO) – Dr. Saman Kelegama, the Executive Director of the Institute of Policy Studies of Sri Lanka, has passed away at the age of 58 in Thailand today. The eminent Sri Lankan economist served as a research fellow of IPS prior to being appointed as the Executive Director in 1995. He served […]
Fairway Holdings acquires Multi Finance
Fairway Holdings, a rapidly diversifying conglomerate, recently acquired Multi Finance PLC under its umbrella with a view to giving this erstwhile financial institution that is known for its trust for 42 years and excellent array of financial services a veritable boost to serve its clients even better. Multi Finance has shown much resilience and stability […]
Mahinda meets Pakistan President Mamnoon Hussain
Concluding four day visit to Pakistan, former President Mahinda Rajapakse and representatives of the joint opposition met Pakistan President Mamnoon Hussain at his office on Thursday. Ex-President Rajapakse also met Interior Minister of Pakistan on the same day.
Sri Lanka in talks to import rice from three countries
Sri Lanka has opened immediate talks with three countries on 22 June to procure a rice tranche to stabilize its domestic markets. “We are looking for par-boiled (Nadu) and Samba categories now” said the Minister of Industry and Commerce Rishad Bathiudeen on 22 June in Colombo. Minister Bathiudeen, joined by Secretary of Ministry of Industry […]
US Ambassador Atul Keshap visits eastern province
U.S. Ambassador Atul Keshap visited the Eastern Province this week to commemorate a milestone in U.S.-supported demining efforts and to attend the groundbreaking ceremony at a school to construct facilities to help communities displaced by natural disasters. During the visit, Ambassador Keshap also met leaders and activists working on post-conflict reconciliation and accountability issues. Ambassador […]
Political commitment needed for sustainable tourism: Amaratunga
June 22, 2017 (LBO) – The importance of political commitment for sustainable tourism goals, as well as the tools to measure sustainability, was highlighted during an international tourism conference that commenced in Manila, Philippines Wednesday. Minister of Tourism Development and Christian Religious Affairs John Amaratunga, representing Sri Lanka at the 6th International Conference on Tourism […]
Sri Lanka to abolish import control fee for tea
June 21, 2017 (LBO) – Sri Lanka’s cabinet nod has been received to abolish the import control license fee for imported tea in line with 2017 budget proposals. There has been a significant debate on the issue of importing cheaper leaves for blending and re-export, over fears of damaging Ceylon Tea brand. Some tea exporters […]
Improved Swedish interest in Sri Lanka imports after GSP+
An increased interest to import products from Sri Lanka to Sweden has been noticed since the GSP+ came in to function. This was confirmed on Tuesday 20th June during a well-attended breakfast seminar in Stockholm at the premises of the Swedish National Board of Trade. The seminar was organised by the Sri Lankan Embassy in […]
Jayathma Wickramanayake of Sri Lanka appointed as UNSG’s Envoy on Youth
(PRESS RELEASE) – United Nations Secretary-General’s office announced today (20th June) that Secretary General António Guterres has appointed Jayathma Wickramanayake of Sri Lanka as his next Envoy on Youth. She will succeed Ahmad Alhendawi of Jordan. Wickramanayake will succeed Ahmad Alhendawi of Jordan to whom the Secretary-General is grateful for his dedicated service in addressing […]