Category: Other
‘pura medical faculty teachers threaten union action over SAITM issue
[pdf-embedder url=”http://www.lankabusinessonline.com/wp-content/uploads/2017/02/Press-release-of-SJP-FMTA-English.pdf” title=”Press release of SJP-FMTA English”]
LOLC microfinance model ventures into Pakistan
The LOLC Group inked a historic joint venture with Pak Oman Microfinance Bank Limited to introduce LOLC’s exceptional and globally accepted Microfinance model to the people of Pakistan. Having observed LOLC’s uniquely effective microfinance business model and its success stories in Sri Lanka, Myanmar and Cambodia, Pak Oman Microfinance Bank Limited which is a joint […]
Sri Lanka committee finalizing report on Muslim Marriage and Divorce Act
Feb 07, 2017 (LBO) – A committee appointed by Sri Lanka’s former Minister of Justice and Law Reform Milinda Moragoda to consider and recommend amendments to the Muslim Marriage and Divorce Act No 13 of 1951 is finalizing its report, a statement said. The committee was appointed in July 2009 with the approval of the […]
Central Bank holds policy interest rates unchanged
Feb 07, 2017 (LBO) – Sri Lanka’s Central Bank held key interest rates unchanged on Tuesday with the expectation that inflation will stabilize at mid-single digits and the economy was responding to stabilization measures. Credit growth to the private sector by commercial banks remained high at 21. 9 per cent by end 2016, although it […]
Sri Lanka’s Right to Information Act comes into force
Feb 03, 2017 (LBO) – Sri Lanka’s Right to Information (RTI) Act comes into effect today bringing with it a promise of open government, citizens’ active participation in governance, and accountability to the people of the country. The Ministry of Mass Media and Parliamentary Reform said that it has been laying the groundwork of RTI, […]
Rotary Club of Colombo Mid City mark 30 years of successful community service
(PRESS RELEASE) – The Rotary Club of Colombo Mid City marked its first 30 years of service with the celebration of the past , and a call to continue pushing to better serve the community with a night of fellowship on the 02nd of February at the Kingsbury Hotel in Colombo. The club honored its Charter […]
Free day passes to exciting theme parks with Emirates tickets to Dubai
(PRESS RELEASE) – Flying with Emirates to Dubai has just become even more exciting, with the award-winning airline offering Economy Class passengers in Sri Lanka a chance to spend a day at some of the most popular theme parks in the emirate. Every Economy Class ticket purchased online at www.emirates.com/lk between 1st and 9th February […]
Central Bank releases new publication “A Survey of Financial System”
(PRESS RELEASE) – The Central Bank today launched a new book titled “A Survey of Financial System” authored by Mr. P Samarasiri, Deputy Governor. This is the fourth book authored by Mr. Samarasiri and published by the Central Bank. The book’s presentation is targeted for students, teachers and policymakers who look for basics on financial […]
Obama’s new house vs. Trump’s former home
Obama’s new home is valued at between $ 5. 4 million and $ 6 million. Trump’s Penthouse is valued at 0 million. The inaugural ceremony of the 45th US President took place on January 20, and one of the things people have wondered about, seeing Barack Obama leave the White House, is where he will […]
Trump dumps top lawyer who defied immigration order
Jan 31, 2017 (Reuters) – U.S. President Donald Trump fired top federal government lawyer Sally Yates on Monday after she took the extraordinarily rare step of defying the White House and refused to defend new travel restrictions targeting seven Muslim-majority nations. It was another dramatic twist in the unusually raucous roll-out of Trump’s directive that […]
IIT holds big data analytics forum for IT & corporate professionals
Making decisions based on the analysis of Big Data is the secret to success of many organizations in today’s competitive business world. With the aim of providing insight into the new trends of Big Data, the Informatics Institute of Technology (IIT) recently held the Big Data Analytics Tech Forum at BMICH. Several industry leaders, senior […]
‘s Ceylon Tabacco to close two leaf depots
Jan 31, 2017 (LBO) – Sri Lanka’s Ceylon Tobacco Company PLC (CTC) announced that it will be closing its leaf depots situated in Anuradhapura and Sigiriya due to the impact of tax hikes despite an increase in profits reported last year. “It is no secret that the excise and VAT hikes in October and November […]