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Public has lost confidence in media due to smart phone culture - Sri Lanka Media Minister
Fri, Jan 19, 2018, 17:41 GMT
Jan 19, Colombo: Sri Lanka's Minister of Finance and Mass Media says the general public has lost confidence in traditional journalists and media due to the excessive use of smart phones which has resulted in deterioration of quality and standard of the news.
Hemas consolidates FMCG position by acquiring Atlas - Sri Lanka's most loved brand of 2017
Fri, Jan 19, 2018, 16:36 GMT
Jan 19, Colombo: Hemas Holdings PLC acquired 75.1% of Atlas Axillia Co (Pvt) Ltd, Sri Lanka's leading School and Office brand, for a consideration of Rs. 5.7 billion. The existing shareholders of Atlas will retain a stake of 24.9% in the company post-acquisition.
Nepal's Army Chief calls on Sri Lankan President
Fri, Jan 19, 2018, 15:55 GMT
Jan 19, Colombo: Chief of the Army Staff of the Nepal Army, General Rajendra Chhetri, who is currently visiting Sri Lanka, called on President Maithripala Sirisena at the President's official Residence in Colombo this morning (19).
State leaders of Singapore and Indonesia to visit Sri Lanka next week
Fri, Jan 19, 2018, 15:27 GMT
Jan 19, Colombo: At the invitation of Sri Lankan President Maithripala Sirisena state leaders of two Asian nations will visit Sri Lanka during the next week.
Hambantota port workers call off fast unto death
Fri, Jan 19, 2018, 15:04 GMT
> Jan 19, Colombo: Hambantota port workers have decided to call off their 'fast unto death' campaign today after receiving a favorable response from Sri Lanka Ports Authority (SLPA) to their demands.
Sri Lanka think tank says government decision to ban women from purchasing liquor is unconstitutional
Fri, Jan 19, 2018, 14:06 GMT
Jan 19, Colombo: An Independent think-tank and a leader in the provision of information and strategic analysis in Sri Lanka says the cabinet decision to ban women from purchasing liquor is unconstitutional.
United States helping Sri Lanka to counter human trafficking
Fri, Jan 19, 2018, 07:53 GMT
Jan 19, Colombo: The United States government will award more than 183 million rupees ($1.2 million) to counter trafficking in persons in Sri Lanka over the next three years, a U.S. Embassy statement said.
Committee appointed to look into CEB employees' salary anomaly issue
Fri, Jan 19, 2018, 07:36 GMT
Jan 19, Colombo: A special committee has been appointed to look into the salary anomalies of the workers of the Ceylon Electricity Board (CEB), the Ministry of Power and Renewable Energy said.
Sri Lanka's hill capital to undergo massive development by 2020
Fri, Jan 19, 2018, 06:35 GMT
Jan 19, Colombo: Prime Minister Ranil Wickremesinghe says the construction of the Colombo-Kandy expressway will be completed by 2020 and by that time the city of Kandy would have undergone a massive development.
Seat belts, air bags compulsory on vehicles from July 1, Finance Ministry announces
Fri, Jan 19, 2018, 06:22 GMT
Jan 19, Colombo: The Ministry of Finance and Mass Media has decided to postpone the implementation of the budget proposal on introduction of emission standards and safety measures from 1st July, 2018, the Government Information Department said.
Court bans sale and transfer of Udayanga Weeratunga's properties
Fri, Jan 19, 2018, 06:10 GMT
Jan 19, Colombo: A Sri Lankan court today issued an order enjoining the sale and transfer of property belonging to Sri Lanka's former ambassador to Russia Udayanga Weeratunga.
Supreme Court rejects SLPP petition against rejection of nominations to Maharagama UC
Fri, Jan 19, 2018, 05:36 GMT
Jan 19, Colombo: The Supreme Court today decided to reject a petition filed by a group of candidates of the Sri Lanka Podujana Peramuna (SLPP) against the rejection of the nomination list submitted for the election of the Maharagama Urban Council.
Sri Lanka Development Bonds issue for US$ 500 mn oversubscribed
Fri, Jan 19, 2018, 05:13 GMT
Jan 19, Colombo: The issue of Sri Lanka Development Bonds (SLDBs) for US$ 500 million has been oversubscribed with total bids received amounting to nearly US$ 527 million, the Central Bank said on Thursday.
Cargills Bank pioneers use of cognitive security in Sri Lanka
Fri, Jan 19, 2018, 03:47 GMT
Jan 19, Colombo: IBM on Thursday announced Cargills Bank Ltd, a licensed commercial bank based in Sri Lanka, has deployed IBM's cognitive cyber security solutions to enhance their existing defensive capabilities, enable improved monitoring and implement stronger preventive protocols to guard against sophisticated threat incidents.
Sri Lanka, India undertook a challenging path to socio-economic development since Independence - Indian HC
Fri, Jan 19, 2018, 02:56 GMT
Jan 19, Colombo: High Commission of India in Colombo organized a special cultural event "Bollywood and Beyond" Wednesday in Colombo to jointly celebrate 70 years of independence of India and Sri Lanka, popularly termed as "India and Sri Lanka @ 70".
Sri Lanka power sector trade union suspends strike
Thu, Jan 18, 2018, 18:06 GMT
Jan 18, Colombo: The trade union of Sri Lanka power authority Ceylon Electricity Board (CEB) has called off their strike launched this morning after discussions held today with the relevant authorities.
Sri Lanka to set up a national action plan to eliminate bribery and corruption
Thu, Jan 18, 2018, 17:24 GMT
Jan 18, Colombo: An intellectual gathering to discuss setting up of an action plan for elimination of bribery and corruption, chaired by Secretary to the President, Austin Fernando was held at the Presidential Secretariat today (January 18).
Sri Lanka PM to fully support the implementation of Bond Commission recommendations to recover losses
Thu, Jan 18, 2018, 17:00 GMT
Jan 18, Colombo: Sri Lanka's Prime Minister Ranil Wickremesinghe today said he will provide his fullest support to implement the recommendations made by the Presidential Commission appointed to investigate the Central Bank bond issues and recover the billions of rupees lost to the government.
Sri Lanka sets an export target of US$ 20 billion by 2020
Thu, Jan 18, 2018, 16:04 GMT
Jan 18, Colombo: The Sri Lanka Export Development Board (EDB) in collaboration with Asian Development Bank (ADB) and rubber sector stakeholders on Wednesday officially launched a Special Purpose Vehicle (SPV) known as Lanka Rubber Global Consortium Pvt Ltd (LRGC).
EU welcomes Sri Lanka's continued commitment to reform, urges prompt action on UN resolutions
Thu, Jan 18, 2018, 15:27 GMT
Jan 18, Colombo: The European Union welcoming Sri Lanka's continued commitment to reform has noted the progress the island nation has made in implementing the UN Human Rights Council Resolutions and urged prompt action on remaining mechanisms.
Sri Lanka reinstates ban on women purchasing alcohol and working at liquor shops
Thu, Jan 18, 2018, 14:54 GMT
Jan 18, Colombo: Sri Lanka's government officially reinstated the ban on women buying alcohol and working at establishments that produce or sell alcohol.
Prime Minister instructs party members not to criticize the President
Thu, Jan 18, 2018, 07:31 GMT
Jan 18, Colombo: Prime Minister and Leader of the United National Party Ranil Wickremesinghe has instructed his party members not to criticize the President Maithripala Sirisena in public for any reason.
Police rescue CEB chairman taken hostage by union, workers launch strike
Thu, Jan 18, 2018, 05:30 GMT
Jan 18, Colombo: The anti-riot squad of Sri Lanka Special Task Force police has rescued the Chairman of the Ceylon Electricity Board who was taken hostage by the CEB workers belonging to the Ceylon Electricity Board Employees Union yesterday.
Sri Lanka to purchase 50 electric buses to improve urban public passenger transport service
Thu, Jan 18, 2018, 04:15 GMT
Jan 18, Colombo: Sri Lanka's Minister of Transport and Civil Aviation Nimal Siripala de Silva has submitted a cabinet memorandum to purchase 50 electric buses for Sri Lanka Transport Board (SLTB) in order to improve urban public passenger transport service.
Access Engineering successfully completes three flyovers in Sri Lanka
Thu, Jan 18, 2018, 03:34 GMT
Jan 18, Colombo: Access Engineering PLC, the pioneers in the flyover construction in Sri Lanka said that it successfully completed the construction of three flyovers as a solution to the heavy traffic congestion in the areas of Rajagiriya, Ganemulla and Polgahawela, the company said in a release.
Japan grants an Audio-Visual Studio to the Department of Mass Media at Sri Palee Campus of University of Colombo
Wed, Jan 17, 2018, 19:08 GMT
Jan 18, Colombo: The Government of Japan has decided to grant a total sum of 12 million rupees under its Grant Assistance for Cultural Grassroots Project for upgrading audio- visual equipment at the Department of Mass Media at Sri Palee Campus of University of Colombo.
Sri Lanka Apparel exports expected to reach US$ 4.7 billion in 2017
Wed, Jan 17, 2018, 18:44 GMT
Jan 17, Colombo: Sri Lanka is reporting a surge in latest apparel exports and the revenues from apparel exports in 2017 are expected to reach US$ 4.7 billion surpassing 2016 revenues of US$ 4.3 billion, according to the Minister of Industry and Commerce Rishad Bathiudeen.
SriLankan flight schedule for Thursday 18 January changed
Wed, Jan 17, 2018, 18:14 GMT
Jan 17, Colombo: Sri Lanka's national carrier SriLankan Airlines today informed its passengers that the flight schedule for Thursday, January 18 has changed.
Bond Commission Report made public online
Wed, Jan 17, 2018, 18:00 GMT
Jan 17, Colombo: The final report of the Presidential Commission of Inquiry into bond issuance has been published online on the President's official website.
President promises to implement recommendations of commission reports to 'punish thieves and recover money stolen from public'
Wed, Jan 17, 2018, 17:34 GMT
Jan 17, Colombo: Sri Lankan President Maithripala Sirisena today assured to take action to implement the recommendations made in the reports of the two Presidential commissions in order to "punish the thieves and recover the money stolen from the public."
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