Persons connected to gambling can’t compete for SLC elections: Arjuna

As per new regulations effective from 15 January 2013, persons connected directly or indirectly to gambling cannot compete for Sri Lanka Cricket elections, Ports and Shipping Minister Arjuna Ranatunga told reporters Friday.He was speaking after handing over nomination papers to contest for the post of Vice President at the upcoming elections of the Sri Lanka […]

Reception on board Pakistan Naval Ship Shamsheer in Colombo

A colorful reception was arranged last evening on board visiting Pakistan Navy ship SHAMSHEER which is in Sri Lanka on a 4 day visit reflective of strong multifaceted relationship and engagement between the two friendly countries. The reception was attended by large gathering of guests which included Sri Lankan Ministers, Diplomats, Senior Officers of Armed […]

Sri Lanka elected to Budget Committee Chair of Permanent Court of Arbitration

Sri Lanka was unanimously elected as the Chair of the Budget Committee of the Permanent Court of Arbitration (PCA) at the 192nd Administrative Council Meeting held at the Peace Palace in the Hague yesterday, 1st December 2015. The Ambassador of Sri Lanka to the Netherlands, Adam M.J. Sadiq was proposed for this post by Dr. […]

Aitken Spence hosts WACO International Conference in Colombo

  Aitken Spence Cargo hosted the 83rd General meeting of WACO, the world’s foremost independent global freight management & logistics network recently, for the first time in Sri Lanka. With 64 countries in attendance, the event gives the network global partners the opportunity to meet during the bilateral meetings and discuss future plans and strategies […]

China sponsors Sri Lanka’s cataract surgery campaign with Rs8mn

The gift of improved sight is to be bestowed on 150 Sri Lankans under a new community initiative announced in Colombo by the China Merchants Group (CMG), the major stakeholder in Colombo International Container Terminals (CICT) which manages Colombo’s third container terminal. A Memorandum of Understanding ratified by the China Merchant Charity Foundation, the Corporate […]

” rating to LB Finance; outlook stable

Fitch Ratings has assigned LB Finance PLC (LB) a National Long-Term Rating at ‘A-(lka)’ with a Stable Outlook.KEY RATING DRIVERS – NATIONAL RATINGS LB’s National Long-Term Rating reflects its established franchise among licensed finance companies (LFC), whose higher yielding exposures have supported sound profitability. The rating also captures its relatively higher risk appetite as indicated […]

‘s Anantara Peace Haven Tangalle Resort to Welcome its First Guests  

Colombo, 1 December 2015: Hemas Holdings in partnership with Minor Hotel Group is proud to announce the opening of the first Anantara resort in Sri Lanka, Anantara Peace Haven Tangalle Resort. In a uniquely secluded beachfront location along Sri Lanka’s southern coast, Anantara Peace Haven Tangalle Resort is inviting its very first guests to experience […]

‘Sex and Love Tour’ of Enrique Iglesias in Sri Lanka

Dec 02, 2015 (LBO) – Award winning global superstar and Latin music idol Enrique Iglesias will be performing ‘Sex and Love Tour’ LIVE in concert in Colombo on 20 December at CR&FC Grounds. This tour series is the twelfth concert tour by the Spanish recording artist under his tenth studio album, ‘Sex and Love’. Beginning […]

Oman Air celebrates six years of successful operations in Sri Lanka

The national airline of the Sultanate of Oman, Oman Air recently celebrated six years of successful operations in Sri Lanka. Over the years, Oman Air has experienced momentous growth in Sri Lanka and has gained a reputation for offering affordable flights, a luxurious travel experience and world-class standards of service. Commenting on the occasion, Gihan […]

IMF includes Yuan in reserve currency basket

Dec 01, 2015 (LBO) – The International Monetary Fund has included the Chinese yuan as a fifth currency in their basket of currencies that make up the Special Drawing Rights (SDR). Effective from October 1, 2016 the Chinese Yuan is determined to be a freely usable currency along with the US dollar, the euro, the […]

Narendra Modi launches international solar alliance at COP 21

Dec 01, 2015 (LBO) – India’s prime minister Narendra Modi has launched an international solar alliance of over 120 countries at the Paris COP21 climate summit. The conference of world leaders with over 25,000 official delegates is seen as historic and aims to clinch a deal on greenhouse gas emissions. “India has emerged as the […]

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