Category: Other
EU Ambassador visits Northern Province
Jan 20, 2020 (LBO) – Ambassador of the Delegation of the European Union (EU) to Sri Lanka, Denis Chaibi, visited the Northern Province from 15 to 17 January 2020. Ambassador Chaibi launched an EU-funded demining project implemented by HALO Sri Lanka during a visit to the Muhamalai minefield on 17 January 2020. The EUR 2.5 […]
‘t be used to attack entire Judiciary: BASL
Jan 17, 2020 (LBO) – Bar Association of Sri Lanka emphasizes that individual incidents cannot be permitted to be used to attack the entire judiciary as the judiciary is an extremely important institution for the protection of individual liberties and upholding the rule of law. Releasing a statement the association said that they have brought […]
Planters’ Association urges policy makers to make final decision on oil palm cultivation
Jan 17, 2020 (LBO) – Planters’ Association of Ceylon urges policy makers to urgently convene a meeting of all stakeholders in order to make a final determination on the subject of oil palm cultivation in Sri Lanka, after having fully considered all available and verified scientific and economic data on the subject. Full Statement Sri […]
US-China deal helps world growth stabilise; uncertainties persist: Fitch
Jan 17, 2020 (LBO) – The signing of the US-China “Phase One” trade deal will boost business confidence and supports our view that global economic growth will stabilise in 2020, Fitch Ratings says. But its full impact will depend on how the deal is implemented, including whether China can meet its commitment to dramatically increase […]
Masatsugu Asakawa assumes office as President of Asian Development Bank today
“I am honored to assume the role of ADB President and to begin working in close cooperation with our 68 member countries. ADB has been a trusted partner of the region for more than half a century, supporting strong growth that has improved the lives of people across Asia and the Pacific. I will strive […]
Mobitel & ‘CareerMe’ takes on career guidance for students, teachers and parents
Reiterating its pledge in leading Sri Lanka towards an info com and knowledge rich society, Mobitel, Sri Lanka’s National Mobile Service provider, has partnered with CareerMe, a fully-fledged career guidance app and web platform developed by a local company in partnership with an Australian body, to aid students, teachers, parents and other industry professionals alike […]
Daraz partners with department of Samurdhi development to uplift rural entrepreneurs
Daraz Sri Lanka partners with the Department of Samurdhi Development to enhance the economic engagement and success of small-scale entrepreneurs in rural Sri Lanka. This partnership will train and empower Samurdhi entrepreneurs and small manufactures to use the versatile Daraz platform – currently host to over 25,000 sellers, and over 1.5 million customers – to […]
Cabinet nod to increase estate worker daily wage to 1,000 rupees
Jan 15, 2020 (LBO) – Sri Lanka’s Cabinet of Ministers have decided that the minimum daily wage of estate workers to be 1,000 rupees with effect from March this year. It was also decided to take swift measures to develop all areas of the plantation sector including infrastructure facilities. The cabinet proposal tabled by the […]
Crystal Property Group raises Rs180mn equity investment from Singapore firm
Crystal Property Group Pvt Ltd (CPG), developers of Sri-Lanka’s first boutique condo hotel Crystal Sands – Villas in the Sky (www.crystalsands.lk) successfully raised a LKR 180 Million equity investment from a Singapore based investment firm focused on coastal real estate development. With this investment CPG will focus on further growth opportunities in Sri-Lanka’s real estate […]
US-Iran tensions: Sri Lanka urges all parties to act with utmost restraint
Jan 06, 2020 (LBO) – Sri Lanka urges all parties to act with utmost restraint and maintain peace and security through constructive dialogue in order to de-escalate the threat to the stability of the region. Releasing a statement on the growing tensions between the US and Iran, the Ministry of Foreign Relations said that Sri […]
Hong Kong based CMPort expands its global footprint in terminal operations
China Merchants Port Holdings (CMPort) and French Container Shipping Company, CMA CGM, entered into the Master Agreement which will see their jointly-owned business, Terminal Link, acquire an interest in 10 terminals owned by CMA CGM for $955 million. The terminals are Odessa Terminal (Ukraine), CMA CGM PSA Lion Terminal (CPLT) (Singapore), Mundra Terminal (India), Kingston […]
Mobitel offers attractive data plans for YouTube, Facebook and WhatsApp
Understanding the rapid demand for videos, Mobitel has announced the launch of its latest proposition, offering both Pre-Paid and Post-Paid customers to stream YouTube videos limitlessly for as low as Rs 249 per month. With this new offer, Mobitel Customers can now watch their favorite Movies, TV Shows, documentaries and listen to songs by simply […]