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India’s TATA housing rejects allegations and reiterates commitment to the Slave Island Project: statement
Mar 13, 2015 (LBO) – India’s Tata Housing has rejected allegations raised against it by the Sri Lankan Government over a housing project at Slave Island in a statement. They said that these kind of allegations will adversely impact confidence of other overseas companies to make future investments in Sri Lanka. “We are expressing deep […]
Indian Prime Minister Narendra Modi arrives
Mar 13, 2015 (LBO) – Indian Prime Minister Narendra Modi arrived early this morning. He was welcomed by Prime Minister Ranil Wickremesinghe at the Bandaranaike International Airport. Modi is the first Indian Prime Minister to visit Lanka in 28 years. He will meet and hold talks with President Maithripala Sirisena later today. Modi will also […]
61st LBR LBO Form – “Life After ODEL: A Fireside Chat with Otara Gunewardena” – 23rd March 2015
Topic: Life After ODEL: A Fireside Chat with Otara Gunewardene Date/Time: Monday 23rd March 2015 | 1800 – 2100 Hrs Speaker: Otara Gunewardene Moderator: Sanjeewani Ranasinghe de Silva | Head of Corporate Affairs Brand and Marketing | Standard Chartered Bank Venue: OAK Room, Cinnamon Grand, Colombo [tabs] [tab title=”Description”] Otara Gunewardene is well known for […]
‘s real estate sector shows no sign of a bubble: industry professional
Mar 12, 2015 (LBO) – Sri Lanka’s real estate sector is not in danger of reaching a property bubble as it is still growing at a faster pace than the economy and is showing signs of continuing to do so, a real estate professional says. Since 2005 the island real estate market has grown from […]
Sri Lanka’s deputy minister Harsha De Silva responds to controversial bond issue
Mar 12, 2015 (LBO) – Sri Lanka’s Deputy Minister of Policy and Finance, Harsha De Silva commenting on social media said the committee appointed to probe into the recent bond allegations has been given wide range of power and technical support to look into the issue. There has been rising concerns in bond markets over […]
Indian fisherman
Mar 12, 2015 (LBO) – Sri Lanka’s government said in a statement 86 fishermen will be release back to India to correspond with Prime Minister Narendra Modi’s visit to the island, tomorrow.India’s Prime Minister Narendra Modi will visit Sri Lanka on a three day tour commencing 13th March. His visit will be the first visit […]
Corruption Allegations
Mar 12, 2015 (LBO) – Sri Lanka’s minister for child development Rosy Senanayake said some bribery and corruption arrests are delayed because it has to be dealt with through the stipulated legal channels.I have taken my grievances to minister John Amarathunga and the prime minister and have clearly explained that we are bound by the […]
MacBook
Mar 12, 2015 (LBO) – PC giant Apple recently launched its thinnest Mac ever made under the name of ‘MacBook’ despite consumer sentiments growing up against the all in one dynamic port of the new device.The USB-C port which limits input and output signals to a single port became the center of criticism as consumers […]
’s real estate sector shows no sign of a bubble: industry professional
Mar 12, 2015 (LBO) – Sri Lanka’s real estate sector is not in danger of reaching a property bubble as it is still growing at a faster pace than the economy and is showing signs of continuing to do so, a real estate professional says.Since 2005 the island real estate market has grown from 7.6 […]
Sri Lanka’s Chamber of Commerce to host a business forum with Indian Prime Minister
Mar 11, 2015 (LBO) – Sri Lanka’s premier business chamber is organizing an evening event to host a business forum with Indian Prime Minister Narendra Modi which will be attended by top business leaders in the island. The visiting Indian Prime Minister will address 400 local businessmen on 13th Friday, in Colombo. Chairman of the […]