Category: Other
Australia and Sri Lanka joint statement on bilateral cooperation
JOINT STATEMENT BY THE PRIME MINISTERS OF AUSTRALIA AND SRI LANKA 1. Hon. Ranil Wickremesinghe, Prime Minister of the Democratic Socialist Republic of Sri Lanka paid an official visit to Australia from 13 -17 February 2017 at the invitation of Hon. Malcolm Turnbull, Prime Minister of Australia, accompanied by Hon. Wijith Wijayamuni Zoysa, Minister of […]
Indonesia donates 5,000MT of rice to Sri Lanka
Feb 15, 2017 (LBO) The Indonesian government will donate 5,000 metric tonnes of rice to Sri Lanka following a request of President Maithripala Sirisena through the local ambassador in Jakarta. The consignments to be shipped in a few days are expected to arrive in Colombo in March, the Sri Lankan Foreign Ministry said in a statement. […]
New Zealand Aid Programme announces Commonwealth Scholarships for Sri Lanka
(PRESS RELEASE) – The New Zealand Government has announced its fresh round of Commonwealth Scholarships for Sri Lankan students who wish to commence programmes of study at New Zealand academic institutions in 2018. The application process opens on February 15 and closes on March 30. “New Zealand and Sri Lanka share an important and growing relationship, which is built […]
Sri Lanka assumes Chair of Asia-Pacific Group at United Nations in Vienna
(PRESS RELEASE) – H. E. Ambassador Priyanee Wijesekera assumed the Chairmanship of the Asia-Pacific Group at United Nations in Vienna from Philippine. In this honourable role, Sri Lanka is coordinating communication and organization of meetings between the 54 members of Asia-Pacific Group and the United Nations Organizations in Vienna. Furthermore, H. E. Ambassador Priyanee Wijesekera […]
Hayleys 3Q16 profits grow by 8-pct to Rs.1.1Bn
(PRESS RELEASE) – Sri Lankan conglomerate Hayleys PLC’s profits after tax rose by 8% Year-on-Year (YoY) to reach Rs. 1.1 billion during the quarter ended 31st December 2016 (3Q16). Revenue during the quarter increased by a sharp 27% YoY up to Rs. 30 billion buoyed by strong performances across in the Group’s Agriculture, Construction Materials […]
Prime Minister receives honorary doctorate from Deakin University Australia
Prime Minister Ranil Wickremesinghe was awarded an honorary doctorate in law at the graduation ceremony of Deakin University in Australia for significant contributions in reforms in economy, education and human rights in Sri Lanka, PM’s office said. The award recognises his efforts to help Sri Lanka transition from a country traumatised by protracted, violent conflict toward […]
BOC, Mastercard team up to enable faster payment innovation
Bank of Ceylon (BoC) announced that it will be strengthening its longstanding partnership with Mastercard, enabling it to tap into Mastercard’s global technology and expertise to bring payment innovation to Sri Lanka faster. The Bank aims to roll out safer, smarter, and more innovative payment options by connecting to Mastercard Integrated – a back-end technology […]
Rice millers call for release of govt stock to maintain price control
Feb 14, 2017 (LBO) – Sri Lanka’s Small and Medium Scale Rice Mill Owners’ Association says if they are to sell rice to consumers at a controlled price the government needs to release 67,000 metric tons of paddy in store at the Paddy Marketing board. This request was made at a meeting held with Finance Minister Ravi […]
DFCC launch ‘Vardhana Sahaya’ with govt initiated ‘Swashakthi’ for small enterprise sector
(PRESS RELEASE) – After six decades of nurturing small and medium businesses to become leading enterprises in their respective sectors, DFCC Bank is pleased to launch Vardhana Sahaya, effectively extending its expertise to the small enterprise category. Vardhana Sahaya is a new product for the small enterprise sector which offers a range of financial services including […]
Sri Lanka’s Aitken Spence net up 36-pct in 3Q
Aitken Spence PLC recorded a strong financial performance closing the immediate 9-month period with a 9.9% year-on-year growth in profits before tax amounting to Rs. 2.9 billion, and a 17% growth in profit attributable to shareholders. The growth is attributed to strong financial performances posted by a number of key operational sectors in the reporting […]
Case study of elephant attacks on foreign tourists in Sri Lanka
A Case Study of Wild Asian Elephant Attacks on Foreign Tourists in Sri Lanka. [pdf-embedder url=”http://www.lankabusinessonline.com/wp-content/uploads/2017/02/45-33-Prakash.pdf”]