Category: Other
Sri Lanka’s Mattala airport to provide air services to Serbian aircraft
Nov 12, 2015 (LBO) – Sri Lanka’s Mattala International Airport is to be utilized by Serbian aircraft for air services to access and fly to other countries via the airport, the cabinet spokesman said on Thursday. Serbia, which is an upper middle income country, makes a vast contribution to its economy through tourism and has […]
Cargills Bank reaches out with 8 more branches
Cargills Bank opened in Matara starting on its new expansion drive with its first branch outside Colombo. Cargills Bank is set to open eight new branches countrywide in addition to its three existing branches in Colombo with the aim of providing convenient access to its banking products and services to its customers nation-wide. The first […]
Saudi Arabia to go to global bond market for first time
Nov 12, 2015 (LBO) – Saudi Arabia will go to international bond markets for the first time next year due to low oil prices cramping government revenues, a media report said. Debt levels could increase to as much as 50 percent of GDP in five years from 6.75 percent this year with this borrowing programme, […]
” Day
Nov 11, 2015 (LBO) – Alibaba, the world’s largest online shopping website has made a record 3.9 billion dollars in sales in the first hour of Singles’ Day in China, foreign media reports said. Alibaba reported that shoppers spent about one billion US dollars in the first eight minutes and had clocked five billion after […]
Suu Kyi set to win majority in Myanmar election
Nov 11, 2015 (LBO) – Aung San Suu Kyi’s opposition is set to win a majority in Myanmar’s first free election in decades, although it is unclear if the party will secure the required two-thirds to appoint the next president by itself, media reports said.Suu Kyi’s National League for Democracy (NLD) is expected to secure […]
LAUGFS launches mobile apps for iOS and android phones
LAUGFS recently launched its very own mobile application, providing customers with a single mobile platform to access a range of LAUGFS businesses from LAUGFS Gas and Supermarkets to Eco Sri and LAUGFS Car Care. Now LAUGFS customers can receive mobile alerts on the latest promotions, stay up-to-date with latest news and happenings, and receive location […]
6 Sri Lankan artistes honoured with Bunka Award 2015
The 22nd “Bunka (Cultural) Awards” ceremony, organized by the Japan Sri Lanka Friendship Cultural Fund, was held on Sunday 8th November at the Sri Lanka Rupavahini Corporation, Colombo 07. Hon. S. B. Navinna, Minister of Internal Affairs, Wayamba Development & Cultural Affairs graced the occasion as Chief Guest, while H. E. Mr. Kenichi Suganuma, Ambassador […]
Holcim Lanka inter-university competition 2015
Furthering its vision of building foundations for the future Holcim Lanka, a member of the Lafarge Holcim group partnered with the University of Peradeniya, Moratuwa and Ruhuna to conduct an innovative Concrete Mix Design Competition for the University’s Final Year Civil Engineering students. The objective of the competition was to impart practical and theoretical knowledge […]
US General Electric seals USD2.6 bn deal to build Indian trains
Nov 10, 2015 (LBO) – General Electric, an American multinational conglomerate, has won a contract to build new trains for the Indian government, foreign media reports said. The contract is worth 2.6 billion US dollars and will provide the country with 1,000 new diesel trains over the next 11 years.“The deal includes a 200 million […]
Pakistan Commerce Minister to arrive Sri Lanka
Pakistan’s Commerce Minister Khurram Dastgir Khan is arriving in Sri Lanka on a three-day official visit to boost bilateral investment and trade between the two friendly countries. He would be accompanied by a high powered business delegation consisting of cement, pharmaceutical, food and beverage, sugar, shipping, construction and manufacturing sector companies. The visit of Commerce […]
Aitken Spence launches Turyaa by Heritance at World Travel Market
Leading regional hospitality operator Aitken Spence Hotels announced the launch of its latest brand,Turyaa by Heritance,at the World Travel Market [WTM] in London. The World Travel Market is the leading global event for the travel industry providing an opportunity for the global travel trade to meet, network negotiate and conduct business. Turyaa by Heritance was […]
BOND IS BACK
Bond is back in SPECTRE and VisitBritain and the GREAT Britain campaign is once again utilizing 007’s iconic international profile to show the world what makes Britain GREAT. The British High Commission (BHC) in Colombo hosted an event at Westminster House, with the attendance of Prime Minister Hon. Ranil Wickremasinghe, Ministers and members of Parliament, […]