Sri Lanka officials meet Green Climate Fund

Mar 29, 2016 (LBO) – Sri Lanka government officials met with the Executive Director of the Green Climate Fund (GCF) Hela Cheikhrouhou at the GCF Secretariat in Songdo, Republic of Korea, on Friday 18th March 2016. The Deputy Minister of Foreign Affairs Dr. Harsha de Silva and the Deputy Minister of Mahaweli Development and Environment […]

CSE seeks foreign listings on proposed dollar denominated Board

The Colombo Stock Exchange (CSE) and the Maldives Stock Exchange (MSE), in association with the Capital Market Development Authority of Maldives (CMDA), acting under the MOU signed between the two exchanges conducted a roadshow for potential Maldivian Issuers and Investors. The forum hosted by the Capital Market Development Authority of Maldives was held on the […]

Sri Lanka condemns terrorist attack in Lahore on Easter Sunday

The Government of Sri Lanka strongly condemns the dastardly terrorist attack targeting innocent civilians on 27th March 2016 in Lahore. The Government and the people of Sri Lanka wish to express our deep condolences to the families of the victims and our thoughts and prayers for the speedy recovery to those injured by the attack. […]

Airport to expand capacity with Terminal 2: JICA

Mar 28, 2016 (LBO) – A concessionary loan agreement for JPY 45,428 million (56 billion rupees) was signed last week between the Airport and Aviation Services Limited and Japan International Cooperation Agency (JICA) for the construction of a new multi-level terminal building (Terminal 2), a statement said. After completion of the project in 2020, the […]

Annual fire suppression drill rehearsal at Central Bank on Thursday

Arrangements have been made to conduct the Annual Fire Suppression Drill Rehearsal for the employees of the Central Bank on Thursday, 31 March, 2016 at 10.00 a.m. with the assistance of the Fire Brigade and the Sri Lanka Air Force at the CBSL Headquarters Building, Colombo 01, the CBSL said.

Brandix marks World Water Day 2016 with ‘Diya Siththam’

A novel initiative to inspire children to give expression to their views on water conservation and management through art has resulted in the Brandix Group engaging with 37 schools in Sri Lanka to commemorate World Water Day 2016. The ‘Diya Siththam’ (Water Frescoes) programme conducted by the Bindu Foundation, the Corporate Social Responsibility division of […]

Sanders wins three more states, eyes turn to New York

Mar 28, 2016 (LBO) – Bernie Sanders who won Democratic presidential primaries in Alaska, Washington and Hawaii over the weekend, said he maintained hope of chipping away at the lead of fellow democratic candidate Hillary Clinton, with eyes on the New York primary on April 19. “Momentum is with us,” Sanders said on CNN’S State […]

Sri Lankan launches Google Online Shopping Festival powered by wOw.lk

wOw.lk, Sri Lanka’s largest online shopping mall, and a subsidiary of Dialog Axiata PLC has partnered with Google to introduce another “first” for the ecommerce industry. Modelled on the highly successful online shopping festivals such as the Great Online Shopping Festival (GOSF) in India and Singapore, a new online shopping site www.megapola.lk will be launched […]

Lamudi explores rise of apartments in Colombo

Apartments have gained a high demand and are known to be one of the fast selling types of Real Estate. Notable projects have been carried out by various developers which have earned them a high rank in the real estate market. Lamudi explores how the rise of apartments have made an impact on the real […]

US Navy warship to call Colombo port on weekend

The U.S. 7th Fleet flagship USS Blue Ridge (LCC 19) will arrive in Colombo for a port call March 26, the first visit by a U.S. Navy ship since October 2011. The visit builds upon last month’s Partnership Dialogue in Washington D.C., where both nations pledged to strengthen maritime security cooperation efforts in the Indian […]

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