Category: Other
Sri Lanka tea production to be impacted by bad weather
Jun 02, 2017 (LBO) – Sri Lanka’s tea production is likely to be further impacted as the country experienced its worst disaster from torrential rain since 2003 last week, a report said. “The worst affected is the Southern and Sabaragamuwa provinces,” Forbes and Walker Tea Brokers said. “Needless to say, the current scenario would adversely […]
LOLC records historic profit before tax of Rs24bn
Sustaining its unblemished track record, LOLC Group concluded an excellent year sealed by its strongest financial performance to date. For the year ended 31st March 2017, the Group recorded PBT of 24.4Bn and PAT of Rs. 20.9Bn, an increase of 106% and 124% respectively, compared to the previous year. The consolidated gross income grew by […]
State Finance Minister Eran Wickramaratne assumes duty
The newly appointed State Minister of Finance Eran Wickramaratne assumed his duties at the Ministry of Finance Thursday Morning. Secretary to the Ministry of Finance Dr. R.H.S. Samarathunga, Deputy Secretary to Treasury, G.D.C. Ekanayaka and the Additional Secretary to the Ministry R. Semasinghe were Present.
Sunshine Holdings records strong growth despite challenging market condition, Revenue up 10.3-pct
(PRESS RELEASE) • PAT improves sharply by 33.1% YoY to Rs. 1.6 billion • Healthcare revenue up 9.8% YoY to Rs 7.9 billion revenue • Agri revenue grew 3.2% YoY to Rs. 6.5 billion • FMCG revenue grew 22.5% YoY to Rs. 4.2 billion May 31, 2017: Sunshine Holdings PLC posted consolidated revenues of Rs. […]
Sri Lanka flood levels begin to reduce, more rain expected
Jun 01, 2017 (LBO) – Sri Lanka’s national disaster management officials have reported that water levels are beginning to recede along the major river basins, the Office of the UN Resident Coordinator said in a flood situation update. However, access to remote villages remains a significant challenge. With forecast of more rains in the coming […]
Govt opens accounts to facilitate cash donations for disaster victims
Finance Ministry Press Release: As inquiries are being received from the local and foreign donors to contribute in cash to the recent natural disaster relief activities, the government has opened special bank accounts to facilitate such cash donations. Those who are willing to make their donations in foreign currencies are kindly requested to remit their […]
Unilever’s Project ArunellaWorks with Communitieson Sustainable Waste Management
Unilever’s Project ArunellaWorks with Communitieson Sustainable Waste Management (PRESS RELEASE) – Initiative Eliminates Garbage Dumps in Agarapathana Region Together With Authorities and Local Community The Arunella Waste Management project spearheaded by Unilever Sri Lanka’s CeyteaFactory in Agarapathanarecently achieved the complete elimination of waste being dumped in and around the KothmalaOya in the surrounding towns of […]
Australia provides Rs57mn humanitarian assistance to Sri Lanka
Australia’s Foreign Minister the Hon Julie Bishop MP has announced that the Australian Government will provide urgent humanitarian assistance to Sri Lanka to assist those dealing with the devastating floods and landslides. Responding to a request from the Sri Lankan Government, Australia will provide LKR 57 million (A$500,000) to meet urgent needs, including the deployment […]
SriLankan expands network to Myanmar from June
SriLankan Airlines will expand its network to Yangon, capital of Myanmar, from 1st June 2017, with the commencement of a codeshare partnership with Myanmar Airways International (MAI), one of Myanmar’s best-known airlines. SriLankan will codeshare on flights operated by MAI between Bangkok and Yangon; and also Singapore and Yangon; while MAI will codeshare on flights […]
Update: UN Sri Lanka – 2017 Monsoon Floods and Landslides
(PRESS RELEASE) – Office of the UN Resident Coordinator Flash Update No. 3: Sri Lanka | 2017 Monsoon Floods and Landslides 30 May 2017 As flood waters recede and roads cleared, the Government continues to validate the number of affected people and casualties. As of 30 May (18:00, UTC+5:30), 604,700 people have been affected according […]
International relief continues following weather disaster in Sri Lanka
(PRESS RELEASE) – The International community has been continuously extending assistance following the inclement weather that wrecked havoc in the country last week Minister of Foreign Affairs Ravi Karunanayake says 18 countries have already taken steps to provide assistance in many forms. The minister stated these views at a media conference held in Colombo after […]
Sri Lanka flood death toll rises, DMC provides maps
May 30, 2017 (LBO) – The death toll from torrential rain across Sri Lanka has risen to 193 persons with more than 100 people still reported missing, the island’s Disaster Management Centre said Tuesday. The Disaster Management Centre said that over 575,000 people were affected in 15 districts. National Building Research Organization said they issued […]