Category: Other
Janashakthi Nurture the Next Generation of Insurance Professionals
(PRESS RELEASE) Janashakthi Insurance recognised six students of the Wayamba University ‘Insurance and Valuation Degree’ batch for their outstanding performance at a special awards ceremony recently, where the batches of 2015 and 2016 were awarded Gold, Silver and Bronze medals along with cash prizes. The specialised degree offered exclusively at the Wayamba University is powered […]
Anthony Shanil Fernando appointed to the CSE Board
(PRESS RELEASE) – The Colombo Stock Exchange (CSE) announces the appointment of Mr. Anthony M. Shanil Fernando as a Director of the CSE Board. Mr. Fernando, Attorney-at-Law, Solicitor, MBA, is a Senior Partner at Anton Fernando Associates Law firm. He is also the Chairman of AFA Corporate Services Limited and the Director of World Express […]
Ravi K: No subsidy or welfare payment slashed under budget 2017
No subsidy or other welfare facility that have been increased for the people after this government came in to power has been slashed or removed. Despite huge allocations made for development projects in the Budget 2017, Rs.403 billion has been allocated for subsidies and welfare expenditures. This is an increase of Rs.143 billion when compared […]
Lion Brewery (Ceylon) resumes Biyagama factory operations
Boards of Lion Brewery (Ceylon) and Ceylon Beverage Holdings today said that the Lion Brewery (Ceylon) PLC’s factory situated at Biyagama which was affected by recent floods has now recommenced its production and its full portfolio of brands will be available in the market shortly.
CSE to conduct planned failover to Disaster Recovery site during trading
The Colombo Stock Exchange (CSE) will be conducting a planned failover to the Disaster Recovery site during trading hours using Version 7 of the Automated Trading System (ATS) Disaster Recovery Solution on Friday 25th November 2016. The exercise will be an industry‐wide activity as part of the Business Continuity Plan (BCP) of the CSE with […]
Sri Lanka’s government seeks public views to regulate news
Nov 23, 2016 (LBO) – Sri Lanka’s cabinet nod has been received to obtain public opinion with regard to establishing an independent board to regulate news content published in media. As per the proposal, an independent board is to regulate news published in print, broadcasting and registered websites with the view of promoting professionalism and […]
Exporters say suspension of SVAT disincentive to exports
The EASL, whilst understanding the current state of the economy, find this budget is more of a corrective nature. It does not address the need to progress the export industry. Aspect such as improving standards of education, encouraging the growth of competitiveness of SMEs, aiming to attract FDIs and setting up a system under PPP […]
Sri Lanka’s Dialog Axiata forms subsidiary for BPO services
Nov 23, 2016 (LBO) – Sri Lanka’s Dialog Axiata has formed a wholly owned subsidiary for the purpose of providing Business Process Outsourcing (BPO) services including Call Centre services. Dialog Axiata said in a stock exchange filing that the new company has been formed under the name of Dialog Business Services (Private) Limited (DBS) on […]
Former President Mahinda Rajapaksa to visit China tomorrow
[pdf-embedder url=”http://lbo-stg.efserver.net/wp-content/uploads/2016/11/visit-to-China-English.pdf” title=”visit-to-china-english”]
Trump says will quit Pacific trade deal on day one of presidency
Nov 22, 2016 (Reuters) – U.S. President-elect Donald Trump released a video on Monday laying out actions he will take on his first day in office on Jan. 20, including withdrawing the United States from a Trans-Pacific Partnership trade deal. Trump also said he would issue a rule cutting government regulations, direct the Labor Department […]
Japanese partnership extends beyond trade & tourism: President SLJBCC
“Japan is one of Sri Lanka’s closest friends with a relationship that has prevailed for centuries and has stood the test of time amidst changing international and domestic political circumstances. In recent years Sri Lanka’s economic partnership with Japan has developed extending beyond trade and tourism. What needs to be done now is to take […]
Sri Lanka’s Tourism Festival to dazzle Colombo
With the festive season just around the corner elaborate plans are being made to transform the city of Colombo in to a Tourism Wonderland from the 20th to the 23rd of December this year. Sri Lanka Tourism under the guidance of the Ministry of Tourism Development and Christian Religious Affairs is planning the second edition […]