Category: Other
Australian High Commissioner calls on the Chief of Defence Staff
(Press Release) – Australian High Commissioner HE Robyn Mudie and Defence Adviser Captain Jason Sears recently called on the Chief of Defence Staff, Air Chief Marshal Kolitha Gunatilleke, and the Commander of the Sri Lanka Navy, Vice Admiral Ravindra Wijegunaratne, to congratulate the officers on their recent appointments. The meetings were also useful opportunities to […]
Finance Minister visits Fort Manning Market
Finance Minister Ravi Karunanayake today (10) visited Fort Manning Market…
SLSBC concludes Trade and Investment Promotion Mission to Singapore
(CCC Press Release) – The Sri Lanka- Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce successfully concluded a business mission to Singapore from 29th– 1st August 2015. The mission was organized to coincide with the SBF Seminar on Doing Businessin Sri Lanka followed by One-to-One Business Meetings which was organized by the Singapore […]
India receives USD20bn FDI from 12 countries in 2014-15 including Sri Lanka
Aug 07, 2015 (LBO) – India has received 19.78 billion US dollars worth foreign direct investment from 12 countries visited by Prime Minister Narendra Modi. Indian Commerce and Industry Minister Nirmala Sitharaman has informed Parliament that during the period, Indian companies have invested only 3.42 billion US dollars in these 12 countries. These countries include […]
SriLankan Aviation College partners with Mobitel for mLearning platform
(SriLankan Media Release) – National Carrier’s integrated training arm, SriLankan Aviation College, joined hands with the National Mobile Service Provider, Mobitel to introduce the electronic learning platform, mLearning for the education and training requirements of the college. mLearning allows simultaneous lecture delivery via several multimedia modes such as PowerPoint, Instant Messaging Word, Video, Audio and […]
BOI contributes ‘Doing Business in Sri Lanka’ forum in Singapore
(BOI Media Release) – The Board of Investment of Sri Lanka in collaboration with Ceylon Chamber of Commerce participated at the Forum titled “Doing Business in Sri Lanka – Development Potential and Opportunities” held at the office of the Singapore Business Federation. At this Forum Mr. Upul Jayasuriya, Chairman of Board of Investment of Sri […]
JDS Scholars leave for Japan
(Japanese Embassy Press Release) – The Government of Japan has finalized 15 prospective public sector officials for the 2nd batch of the second phase under its Japanese Grant Aid for Human Resources Development Scholarship (JDS) Program and the Fellows are now ready to leave for Japan to pursue 2 – years academic programmes which will […]
CBL honours excellence at Distributor Convention and Sales Star Awards
(News Release) – Ceylon Biscuits Limited (CBL), Sri Lanka’s largest local food and confectionery conglomerates in Sri Lanka recently concluded its 2014/15 Annual Distributor Convention and Sales Star Awards Ceremony, at the Sri Lanka Exhibition & Convention Centre, Colombo. The objective of this annual event was to evaluate and appreciate the contribution of the Company’s […]
America’s Greece in the making, Puerto Rico defaults another bond payment
Aug 06, 2015 (LBO) – One of the unincorporated territories of the United States, Puerto Rico, is to default another bond payment due on September 01 after the government defaulted its first bond payment in their history on Monday.The second default is a payment of 92 million US dollars a month into a general obligation […]
India allows watching internet sex after widespread criticism over ‘moral policing’
Aug 06, 2015 (LBO) – India has lifted its ban on 857 websites that host adult or pornographic content after the move was severely criticized as a Talibani type decision.The government reversed the decision it took few days ago, ordering Internet Service Providers to only block access to sites that contain ‘child pornographic content’ allowing […]
Commercial Bank launches low cost insurance for micro borrowers
(News Release) – A low cost insurance scheme that will protect micro borrowers has been launched by Commercial Bank of Ceylon in association with two insurance companies, Ceylinco Insurance and BIMA. The policy will cover the borrowers against accidental death or permanent disability, compensate for loss of income due to hospitalisation and also contribute towards funeral […]
Asian shares continue to fall on fears of US interest rate rise
Aug 05, 2015 (LBO) – Asian shares dipped on Wednesday as investors saw signs of US interest rate rise as early as next month, foreign media reports said.The shift to higher rates in the US has been resulted in the withdrawal of funds from emerging markets, putting pressure on their currencies.The dollar rose against the […]