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PTL Watch: Bond yields drop with correction on yield curve
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US underwater demining assistance improves safety
The U.S. Navy recently concluded a two-week training session in Trincomalee to equip and support Sri Lanka’s underwater demining efforts.Working with scan sonars and robots donated by the U.S. Navy, the Sri Lankan Navy enhanced its ability to search, locate, and provide information on any unknown items underwater, including unexploded ordnance from the conflict in […]
Hybrid court could address some issues: Weliamuna. New resolution a victory: Harsha
Oct 13, 2015 (LBO) – Sri Lanka required a hybrid court to investigate alleged human rights violations committed during the last stage of war, a human rights lawyer said.“When they are proposing a hybrid court, as an experienced lawyer I liked it,” Chairman of Transparency International of Sri Lanka J C Weliamuna said. “I believe […]
Candor to list 5-year unit trust on CSE, makes public offer
Oct 13, 2015 (LBO) – Candor Opportunities Fund, managed by Candor Asset Management, has been approved to list on the Colombo Stock Exchange with a public offering of 75 million units at 10 rupees per unit, the fund manager said. The issue will offer 50 million units at 10 rupees per unit, with an option […]
Angus Deaton wins Nobel prize for consumption, welfare economics
Oct 13, 2015 (LBO) – The prize in economic sciences in memory of Alfred Nobel for 2015 has been awarded to Angus Deaton of Princeton University for his analysis of consumption, poverty, and welfare. Angus Deaton enhanced the understanding in design of economic policy that promotes welfare and reduces poverty, the royal Swedish Academy of […]
Gold prices hit seven week high with USD at near 3-week low
Oct 12, 2015 (LBO) – Gold prices rose to a seven-week high on Monday with expectations that the Federal Reserve will postpone an expected U.S. interest rate hike, foreign media reports said. Spot gold was last at 1,165.8/1,166.2 US dollars per ounce, up 10.1 US dollars on Friday’s close.Trade has ranged from 1,155 to 1,166.8 US […]
Sri Lanka stocks close higher 0.06-pct, Telco gains
Oct 12, 2015 (LBO) – Sri Lankan stocks closed higher on Monday with gains in the telecom sector stocks as lack of policy direction made the market volatile, brokers said. The Colombo benchmark All Share Price Index closed higher 3.94 points at 7,100.00, up 0.06 percent. S&P SL20 closed 1.04 points lower at 3,818.76 lower 0.03 […]
PTL Watch: Sri Lanka bond yields drop across the board
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Dev Day 2015 Aims to Accelerate Software Professionalism
Dev Day is an international software conference bearing the theme “Accelerating Sri Lankan Software Professionalism.”As the theme implies, the rationale behind making this conference a reality is exposing Sri Lankan software professionals to the thought leaders of global software engineering industry. Why Dev Day? In specific terms, there are four major reasons to organize such […]
Sri Lanka appoints Eva Wanasundera as new acting CJ
Oct 12, 2015 (LBO) – Senior Supreme Court Judge, Justice Eva Wanasundera has taken oaths as the acting Chief Justice before President Maithripala Sirisena today.Justice Wanasundera will act as CJ during the absence of Chief Justice K Sripavan who is currently abroad.Prior to her appointment as Puisne Justice of the Supreme Court of Sri Lanka, […]