Category: Other
Richard Quest to feature Sri Lanka on CNN Business Traveller program
Jan 03, 2020 (LBO) – Global media icon Richard Quest will feature Sri Lanka and its recovery efforts post-Easter Sunday terror attacks on the latest edition of the CNN Business Traveller program. This program will be premiered on January 8, 2020, at 1230 pm Eastern Time Zone which will also uncover about SriLankan Airlines. As […]
Sri Lanka tea exports up in Nov 2019
Jan 02, 2020 (LBO) – Sri Lanka tea exports for November 2019 totalled 21.9 M/kgs, showing a marginal gain of 0.6 M/kgs vis-à-vis 21.3 M/kgs of November 2018, a new report showed. Packeted tea has shown a growth YOY, whilst bulk tea has remained static, Forbes and Walker Tea Brokers said in their monthly report. […]
2020 New Year celebrations around the world (VIDEO)
Jan 01, 2020 (LBO) – Major cities around the world kick-started the New Year with firework displays, dazzling performances, and shows. As the last revellers from around the world ring in, we looked at celebrations in some of the globe’s biggest cities and their glitziest displays. Sri Lanka’s premier digital business news provider, LankaBusinessOnline would […]
K C Vignarajah writes letter to President Gotabaya Rajapaksa
H. E President Gotabaya Rajapaksa, 31st Dec 2019. President, Democratic Socialist Republic of Sri Lanka, Presidential Secretariat, Colombo 1 Dear President, Congratulations, concerns & Best Wishes to uplift our motherland. I have the honour and humility to address you on matters where I have decades of experience, expertise, enterprise, & visionary zeal for the betterment of our beloved […]
CICT ends 2019 with 2.9mn TEUs, 40-pct of Colombo Port’s volume
Dec 31, 2019 (LBO) – Colombo International Container Terminals (CICT) has announced it handled a total of 2.9 million TEUs in 2019, achieving an 8.6 percent increase in its throughput and accounting for 40 percent of the volume of the Port of Colombo in the 12 months ending 31st December 2019. The Company, which manages […]
Plastics & Rubber Institute signs MOU with Institute in Singapore
The Plastics and Rubber Institute of Sri Lanka has signed an MOU with the Plastics and Rubber Institute of Singapore. This was announced by the President of the PRISL, Kaushal Rajapaksa at the Institute’s Annual Awards Night held recently at the Taj Samudra Hotel. Hon. Deshamanya Karu Jayasuriya, Speaker of the Parliament of Sri Lanka […]
Canada supports women’s rights organizations in Sri Lanka
Dec 24, 2019 (LBO) – The High Commission of Canada to Sri Lanka together with the Asia Foundation launched their flagship development initiative in Sri Lanka named ‘Women’s Voice and Leadership’ (WVL). This launch took place on December 17, 2019, at the official residence of the Canadian High Commissioner with over seventy participants representing other […]
First Capital wins Silver – Investment Banking Category at Annual Report Awards
First Capital Holdings PLC, the only listed investment bank in Sri Lanka, won the Silver Award under the newly introduced industry category “Investment Banking” at the 55th Annual Report Awards competition organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). The Award and Certificate were presented to First Capital by Heshana […]
‘Revitalized Africa Policy’ to guide Sri Lanka’s engagement with Africa
Dec 20, 2019 (LBO) – Foreign Secretary Ravinatha Aryasinha has said the operationalization of the recently developed ‘RevitalizedAfrica Policy’, seeks to enhance Sri Lanka’s cooperation in the political, economic and cultural spheres across Africa. Among the envisaged measures for closer engagement are the expansion of Sri Lanka’s diplomatic presence in Africa, stronger and mutually productive […]
Colombo Coffee Company receives Rs100Mn investment from Akbar Brothers
Colombo Coffee Company (CCC), Sri Lanka’s largest coffee solutions provider and café operator, reached an agreement with Akbar Brothers for a LKR 100Mn growth equity investment. This will further cement CCC’s position as the market leader in providing coffee solutions for the HORECA segment through leading brands such as Lavazza, Toscana, La Cimbali and Gaggia. […]
President inspects Narahenpita Economic Centre
President Gotabaya Rajapaksa went on an inspection tour in the special economic centre in Narahenpita yesterday evening (18). President paid attention to the impact that tax concessions have had on essential consumer goods. Contacting the officials of the Ministry of Finance from the site, President instructed them to be vigilant if the benefits of tax […]
Arpico Finance receives ISO 27001:2013 certification for IT
With a growing customer base and ambitious plans to reach greater heights, Arpico Finance Company PLC (AFCP), the second oldest financial institution in the country with a presence of over six decades, owned by Associate Motor Finance Company PLC (AMF), was recently awarded the ISO 27001:2013 certification for its continuous efforts to improve its digital […]