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President orders full probe into allegations over Airbus deal
Feb 03, 2020 (LBO) – President Gotabaya Rajapaksa has ordered a comprehensive investigation into reports of allegations over financial irregularities said to have committed during the deal between SriLankan Airlines and Airbus SE for the purchase of aircrafts. An English language weekly and few websites have published reports describing alleged misdeeds relating to the transaction […]
SriLankan Airlines expresses gratitude to its courageous crew members & staff
Feb 01, 2020 (LBO) – SriLankan Airlines expresses its profound gratitude to its patriotic and loyal staff members who volunteered to operate Flight UL1423, the airline’s mission of mercy that brought back our students from Wuhan, China, on Saturday 1st February 2020. The mission of mercy was carried out on the instruction of the President, […]
Colombo consumer price based inflation increased to 5.4-pct in January
Feb 01, 2020 (LBO) – Headline inflation as measured by the year-on-year change in the Colombo Consumer Price Index increased to 5.4 percent in January 2020 from 4.8 percent in December 2019, Statistics Department data showed. This was driven by the monthly increase of prices of items in both Food and Non-food categories. Food inflation […]
World Bank identifies new areas of cooperation in Sri Lanka
Jan 31, 2020 (LBO) – The World Bank and Sri Lanka has identified several new areas of development cooperation in addition to the World Bank-funded existing projects. They are renewable energy, garbage disposal, watershed management, plantation for export, easing traffic congestion and pedestrian and road safety. This understanding has been reached during a discussion that […]
Coronavirus death toll upto 213 : WHO calls it global virus emergency
Jan 31, 2020 (LBO) – The World Health Organization said the virus represents a risk outside of China and is calling it a global virus emergency. The death toll in China had climbed to 213 by Friday with nearly 10,000 infections, according to foreign media reports. Global outbreak includes 98 cases in 18 countries […]
Sri Lanka on Crisis watch list 2020
Jan 31, 2020 (LBO) – Crisis Group, an independent, non-profit, non-governmental organisation committed to preventing and resolving deadly conflict has identified and listed Sri Lanka in its watch list 2020. The early-warning Watch List identifies up to ten countries and regions at risk of conflict or escalation of violence. In these situations, early action, driven or […]
‘s request for landing special aircraft in Wuhan city
Jan 30, 2020 (LBO) – Foreign Secretary Ravinatha Aryasinha has said the Chinese Government is expediting the request made for a special aircraft landing in Wuhan City which will allow the evacuation of the Sri Lankan students and their family members. He said the Embassy in Beijing is in communication with the Hubei Foreign Office […]
DFCC Bank wins Top Employer award at CIMA annual conference
Consistently winning recognition and rewards for its visionary and progressive HR strategies, DFCC Bank was recognized yet again as one of the ‘Top 20 Employers in Sri Lanka’, employing the highest number of Chartered Institute of Management Accountant (CIMA)Sri Lanka members in their organization. The gala ceremony was held recently as part of the CIMA […]
Central Bank refrains from commenting on contents of forensic audit reports
Jan 30, 2020 (LBO) – Sri Lanka’s Central Bank on Thursday refrained from commenting on the contents of the forensic audit reports as these reports may be subjected to judicial proceedings in the future. Responding to queries by journalists at the monetary policy press briefing, the Deputy Governor of Central Bank Dr. Nandalal Weerasinghe said […]