Category: Other
Aster residencies opens doors in Nugegoda
Aster Residencies (Pvt) Ltd completed construction of its flagship residential project, handing over brand new apartments to residents, many of whom are first-time homeowners. The complex has been designed to offer true affordability and trusted quality for people seeking upscale apartment living, consisting of modern amenities and high-quality finishes, coupled with quick access to Colombo […]
Mobitel powers Sri Lanka’s largest PUBG Mobile league tournament
With a pledge to build the eSports category, Mobitel, the premier connectivity provider in partnership with Gamer.LK has come forward to power Sri Lanka’s largest Mobile league tournament. PUBG Mobile is a third-person combat game known to be one of the most popular mobile games played in South Asia with millions of youth connecting online […]
MillenniumIT ESP carries out fastest Oracle ERP implementation for HNBA
MillenniumIT ESP – one of Sri Lanka’s leading Systems Integrator and Information Systems Provider – recently announced that it has successfully implemented the Oracle ERP Cloud platform for HNB Assurance (HNBA), a leading insurance service provider in Sri Lanka. The project was completed within a short span of 7 weeks, recording the fastest Oracle ERP […]
Sri Lanka, Bangladesh agreed to IMF to provide debt relief for Somalia
Feb 17, 2020 (LBO) – Sri Lanka and Bangladesh have reportedly agreed to provide debt relief for Somalia under the Heavily Indebted Poor Countries (HIPC) Initiative of the International Monetary fund (IMF). The Central Bank of Sri Lanka and the Ministry of Foreign Relations have expressed their concurrence to provide Sri Lanka’s contribution. Accordingly, the […]
“Timelines evolved externally would hinder process of reconciliation”: SL tells UN Security Council
Feb 17, 2020 (LBO) – “Timelines evolved externally in achieving stated objectives would only seek to hinder the process of reconciliation since they would be bereft of ground realities” emphasized Sri Lanka’s Permanent Representative to the United Nations Ambassador Kshenuka Senewiratne. She was speaking at a one day debate at the UN Security Council titled […]
Sunshine Holdings’ reports PAT Rs.1.7Bn, up 32.3-pct YoY
Feb 17, 2020 (LBO) – Boosted by the divestment of its tea plantations, diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) reported notable growth in bottom-line performances during the first nine months of the current financial year (9MFY20). During this period, the Group posted a consolidated revenue of Rs. 15.8 billion, delivering a 32.3% […]
Ministry of Social Security signs MoU with Cargills & Keells
A Memorandum of Understanding was signed today between a number of parties, on an initiative of the Ministry of Social Security. The event was held at the Auditorium at the Ministry of Social Security and was graced by the presence of the Minister Pavithra Wanniarachchi, the State Minister Tharaka Balasuriya, and senior officials from all […]
Colombo Fashion Week introduces Responsible Meter for garments
Colombo Fashion Week introduces a first-of-its-kind audit system, the Responsible Meter, where every garment presented on the ramp will have a Responsible score making it accountable and transparent. Responsible Meter as it is called was developed in association with the Responsible Fashion Movement (RFM). A special panel appointed by CFW and RFM, trained and briefed […]
Private sector consultation to mobilize domestic investment for SDGs
A private sector consultation has been organised to initiate a dialogue on mobilizing domestic investment for the Sustainable Development Goals (SDGs) by the Ceylon Chamber of Commerce, in collaboration with Janathakshan (GTE) Ltd, and the Centre for Environment and Development (CED). The event will be on 17th February, from 2.00-6.00 pm at the Ground Floor […]
Valentine’s Day offer from SriLankan Airlines
SriLankan Airlines gives you an exciting way of celebrating Valentine’s Day this year with discounted fares of up to 25% off on Business class and 20% off on Economy class fares booked through the airline’s official website Srilankan.com. The discounted tickets can be booked on www.srilankan.com on the 13th and 14th February 2020. Tickets are […]
Proposals for a new constitution presented to President
Feb 14, 2020 (LBO) – A set of proposals containing facts that should be taking into account when formulating a new Constitution was presented to President Gotabaya Rajapaksa. The proposals on new Constitution compiled by the Yuthukama organisation under the theme ‘proposals to formulate a new Constitution for a strong state ‘ was presented to […]
Tribute: Upali Wijewardene 1938 – 1983
February 13, 2020 (LBO) – By: Ranjit Hulugalle On February 13th 1983, Upali Wijewardene’s plane went missing, and the tycoon was thus gone too soon at the tender age of 44. Whilst there are many theories about what happened, the one that I tend to believe is that there was some malfunction in his Lear […]