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Tea top exporter Anverally and Sons wins 3 accolades
Recognised at Presidential Export Awards and National Chamber of Exporters’ Awards Anverally and Sons (Pvt) Ltd., one of Sri Lanka’s oldest and most respected exporters of tea, with a history of 129 years, won three prestigious awards on consecutive days last week, demonstrating the Company’s continuing dynamism. Currently ranked one of the largest tea exporters […]
Sri Lanka headline inflation increased in August; core inflation declined
Sep 24, 2019 (LBO) – Sri Lanka’s headline inflation as measured by the year-on-year change in the National Consumer Price Index increased to 3.4 percent in August from 2.2 percent in July 2019. The Central Bank said the low base that prevailed in the corresponding month of the previous year and the monthly increases of […]
Dilrukshi Dias debacle – PM releases a special statement
September 24. 2019 (LBO) – The Prime Minister of Sri Lanka Ranil Wickremesinghe has released a special statement on the controversy surrounding Solicitor General Dilrukshi Dias Wickremesinghe. The Solicitor General is the second highest ranking official in the Attorney General’s department. Before being appointed as Solicitor General by President Maithripala Sirisena, she served as a […]
Future of Sri Lanka Tourism
September 23, 2019 (LBO) – Prime Minister Ranil Wickremesinghe was the chief guest at the annual 2019 Cinnamon Hotels Future of Tourism Summit. The highlight of the summit was a discussion between the Prime Minister and CNN’s foremost international business correspondent Richard Quest, host of the program: Quest Means Business. The Summit was put together […]
Vehicle registrations marginally down in August 2019
Sep 23, 2019 (LBO) – Sri Lanka’s total motor car registrations recorded 2,385 units in August down from 2,584 units in July and significantly down from 7,003 units 12 months ago, a new report shows. Brand new cars recorded 361 units in August up from 299 units in July and significantly down from 890 units […]
Mobitel joins hands with Peradeniya Uni to conduct research on Kandy air pollution
Sep 23, 2019 (LBO) – Air pollution is becoming an eminent threat to humanity and long-term health effects from air pollution include heart disease, lung cancer, and respiratory diseases such as asthma. Air pollution can also cause long-term damage to people’s nerves, brain, kidneys, liver, and other organs. Understanding the impact of air pollution in […]
Youth leaders vow continued pressure to address climate emergency
Sep 23, 2019 (LBO) – A day after thousands of young people marched and rallied for urgent climate action, young leaders brought their message to the United Nations for the Youth Climate Summit, the opening salvo of the three days long United Nations Climate Action Summit, which will culminate today. The Youth Climate Summit—the first […]
Ranil rubbishes criticism of Cabinet move to abolish Executive Presidency
September 22, 2019 (LBO) – Unofficial English Translation of the Statement of the Prime Minister today: Prime Minister Ranil Wickremesinghe addressing party activists today (22) at Temple Trees in Colombo: A group of civil society representatives met with me last week to talk about what our government has done and failed to do. I informed […]
” to do a good thing – Sumanthiran on Executive Presidency
September 21, 2019 (LBO) – TNA MP M. A. Sumanthiran commenting on the potential abolition of Sri Lanka’s Executive Presidency has stated that there is “No ‘bad time’ to do a good thing… even at the 11th hour do what was promised for 25 years.” Sumanthiran’s comments come after a widely reported contentious emergency Cabinet […]
Teejay grabs ‘Best Exporter Award –Textile Sector’ at Presidential Export Awards
Teejay Lanka PLC, Sri Lanka’s only multinational textile manufacturer, was adjudged the Best Textile Exporter in Sri Lanka at the 2019 Presidential Export Awards presented by the Export Development Board (EDB). The ‘Best Exporter Award –Textile Sector’ presented to the Company at the 23rd edition of this awards programme, marked Teejay Lanka’s debut at this […]