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UN calls on UK, Sweden to end Assange’s deprivation of liberty
Feb 05, 2016 (LBO) – The United Nations Working Group on Arbitrary Detention said today that WikiLeaks founder Julian Assange has been arbitrarily detained by Sweden and the United Kingdom since his arrest in London on 7 December 2010, as a result of the legal action against him by both Governments. In a public statement, […]
Central Bank relaxed restrictions on remitting foreign currencies
Feb 05, 2016 (LBO) – The Central Bank has relaxed restrictions on remitting and transacting foreign currencies with immediate effect. With this new decision, foreign currencies can be remitted out of NRFC, RFC and RNNFC (Resident Non National Foreign Currency) accounts and FEEA (Foreign Exchange Earners’ Account) for any purpose and prior approval need not […]
Colombo Stock Exchange CDS partners with LankaPay
Feb 05, 2016 (LBO) – The Central Depository System (CDS), a fully owned subsidiary of the CSE, has partnered with LankaPay, the national payment network, to provide a fully-fledged digital experience to its settlement banks via the CDS – Digitalized Settlement Schedule Signing (DS3) online portal. This solution was enabled via LankaPay’s service arm, LankaSign, […]
PTL Watch: LKR20.7Bn accepted at Sri Lanka bond auction
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UN High Commissioner for Human Rights due here tomorrow
Accepting an invitation extended by the Government in February 2015, the UN High Commissioner for Human Rights, Zeid Ra’ad Al Hussein will undertake a four-day official visit to Sri Lanka. The High Commissioner will arrive in Sri Lanka on the morning of Saturday 6 February and depart on the morning of 10 February. During the […]
UK to grow 2.2-pct this year; BoE cuts growth, holds rates
Feb 05, 2016 (LBO) – The Bank of England has forecast country’s economy would grow 2.2 percent this year and 2.3 percent in 2017, cutting its November forecast of 2.6 percent for this year. “Although activity growth in the United Kingdom has slowed to slightly below average rates, the domestic private sector remains resilient,” the […]
Megapolis plan aims for flexible working hours
Feb 05, 2016 (LBO) – Sri Lanka’s recently unveiled Megapolis plan of development envisages flexible working hours as one aspect of transport demand management to address Colombo traffic congestion. “Flexible working hours can be introduced in public and private institutions to spread peak load of traffic flow,” the Megapolis masterplan states. “Employees can adjust their […]
Proud of progress made towards sovereignty, territorial integrity: President
Feb 04, 2016 (LBO) – As we commemorate independence, we are proud of the progress made towards safeguarding the freedom, sovereignty, territorial integrity of the Nation, stated President Maithripala Sirisena in his Independence Day message. Following is the full text of the message : On this day, as we celebrate the 68th anniversary of our […]
