Category: Other
” LIVE in Sri Lanka – Photos
Dec 21, 2015 (LBO) – Fans across the South Asian region had a rare opportunity to witness the energetic performances of Latin pop sensation Enrique Iglesias in Sri Lanka. Award winning global superstar performed under his tenth studio album ‘Sex and Love’; LIVE in concert yesterday night at CR&FC Grounds. The 40 year old Spanish […]
First Round of Senior Officials’ Talks between Sri Lanka, Australia concludes
The First Round of Senior Officials’ Talks between Sri Lanka and Australia was held on 16 December 2015 at the Ministry of Foreign Affairs in Colombo. The Senior Officials’ Talks between the two countries served as the first formal process to comprehensively review the bilateral relationship spanning over six decades. The talks broadly focused on […]
US Ambassador meets Megapolis and Western Development Minister
U.S. Ambassador Atul Keshap met today with Minister of Megapolis and Western Development Champika Ranawaka.During the meeting, Ambassador Keshap and Minister Ranawaka discussed future infrastructure projects essential to Sri Lanka’s prosperity, energy production and environmental protection, and progress on the development of a new constitution. Ambassador Keshap stressed “the United States supports the Sri Lankan […]
Working to make Sri Lanka mine-impact free by 2020 a reality
The High Commissioner of Canada to Sri Lanka and Maldives, Her Excellency Shelley Whiting was honoured to host the Minister of Foreign Affairs, Honourable Mangala Samaraweera on 17 December to visit a Mines Advisory Group (MAG) demining site in Mannar to view demining activities being undertaken with Government of Canada funding. Minister Samaraweera and High […]
A time for optimism: inaugural Australia – Sri Lanka senior officials’ talks
Department of Foreign Affairs and Trade Deputy Secretary Ric Wells led the Australian delegation to inaugural Senior Officials’ Talks with Sri Lanka on 16 December in Colombo.Wells and his counterpart from the Sri Lankan Ministry of Foreign Affairs, Additional Secretary Ranjith Uyangoda, discussed opportunities in trade and investment, development assistance, reconciliation and human rights, as well as people-to-people links. Australia […]
Brandix wins 8 Presidential Export Awards
The Brandix Group’s contribution to the country’s export economy was recognized at the highest level this week when Sri Lanka’s single largest apparel exporter was presented with eight Presidential Export Awards at a ceremony presided over by the country’s Head of State. Brandix was recognised as the Sri Lankan Exporter of the Year in […]
Commercial Bank celebrates Christmas with carol service
Staffers of the Commercial Bank of Ceylon displayed another facet of their versatility recently, when they celebrated the advent of Christmas at the Bank’s annual carol service. A 60-strong choir entertained guests at the Bishop’s College auditorium at the event, themed ‘Miracle in a manger.’ Music for the event was provided by a band made […]
Ambassador Shannon meets PM
Under Secretary of State (Designate) Ambassador Shannon met Prime Minister Ranil Wickremesinghe today (16.12.2015) at Temple Trees. U.S Ambassador to Sri lanka Atul Keshap, Deputy Assistant Secretary of State for South and Central Asian Affairs Das Anand, Special Assistant Anupama Prattipati and Southern Development, Law and Order Minister Sagala Rathnayake also participated at this event.
Crowd funding real estate in Sri Lanka; pros and cons
In real estate, debt-based crowd funding is gaining attention, and quickly becoming a popular method of investment. While the stock exchange can be volatile, crowd funding offers investors the chance to purchase a stake in the project, gaining recognition and return on investment if the project is successful. Crowd funding is a means of raising […]
South Korea issues its first yuan-denominated sovereign bonds
Dec 16, 2015 (LBO) – The South Korean government has issued its first ever yuan-denominated sovereign bonds in China’s onshore bond market. This sovereign bond issue is expected to contribute to diversifying the currency composition of Korea’s foreign exchange reserves and further China’s efforts to open its capital markets to the world.“The bond issuance was […]
China, US Rates Pressures Build for APAC Banks in 2016
Dec 16, 2015 (LBO) – Banking sectors within the Asia-Pacific (APAC) region are likely to face a more challenging year ahead as financial systems adjust to slowing growth in China and the prospect of higher US interest rates, says Fitch Ratings in the agency’s 2016 Outlook Report for the region.Earnings and capital buffers built up in […]
Jennifer Perera joins Credence Genomics
Press Release: Award winning Professor Jennifer Perera, has joined the clinical panelists of Credence Genomics, the country’s leading commercial biotechnology venture, equipped with Next Generation Sequencing technology. Prof Perera joins the farsighted team behind this pioneering venture led by Dr. Vaz Santosh Gnanam. Credence has succeeded where few have dared to venture and is the […]