All Blogs
Sri Lanka rejects entire bond auction: Central bank
Apr 16, 2015(LBO) – Sri Lanka rejected an entire bond auction, Thursday after calling bids for five billion rupees of bonds, the state debt office said.At the last auction held on 07th April 2015, Sri Lanka sold 20.04 billion rupees of two and six year bonds after calling bids for 20 billion rupees of bonds, […]
Sri Lanka’s first open air zoo,costs Rs862mn, sets to open in April 2015: 17 years to complete the construction
Apr 15, 2015 (LBO) –Sri Lanka’s first open air national zoological garden adjacent to the Pinnawala Elephant Orphanage is ready to open on Friday, April 17, Minister of Tourism and Sports Navin Dissanayake declared today. Sri Lanka has invested approximately 862 million rupees to build the zoo which 488 million rupees were funded from the […]
‘s Tourism Minister anoints elephants at Pinnawala orphanage
Apr 15, 2015 (LBO) –Sri Lanka’s Tourism Minister, Navin Dissanayake anointed about one hundred elephants at the Pinnawala Elephant Orphanage, which is one of the major tourists attraction point in the Island. This was taken place at the auspicious time of 09.06 this morning (15) parallel to the National oil anointing ceremony which is a […]
Sri Lankans to get Indian visa on arrival form 14 April
Apr 15, 2015 (LBO) – Sri Lankans visiting India will receive visas on their arrival from yesterday (April 14th), a statement issued by the Government said.“Sri Lanka has been added to the list of countries that will enjoy the visa on arrival facility,” the statement said.“Sri Lankan Nationals who arrive at the airports of Delhi, […]
Sri Lanka cuts policy rates: Inflation declines due energy price revision and consumer items:Central Bank
Apr 15, 2015 (LBO) – Sri Lanka has cut policy rate corridor by 50 basis points lowering its repo rate to 6.00 percent and reverse repo rate to 7.50 percent with effect from today, to boost credit and investment, the Central Bank said. “Current behaviour of market interest rates is viewed to be inconsistent with […]
Sri Lanka’s new regime must continue fullest support for UN investigation: Britain PM
Apr 14, 2015 (LBO) – Sri Lanka’s new rulers should offer continued support for the ongoing UN investigation, British Prime Minister David Cameron said in his Sinhala –Tamil New Year message.“When I met with President Sirisena at Downing Street last month I offered my support for the steps his government has begun to take to […]
Sri Lanka marching towards new political culture: PM’s New Year message
Apr 14, 2015 (LBO) – Sri Lanka’s Prime Minister in his New Year message says, the country is marching towards a new political culture where ethnic, religious and political differences have no value. “We are marching towards a new political culture for the progress of the entire nation where ethnic, religious and Political differences have […]
Sri Lanka to introduce red labels for drinks with excessive sugar: Health Ministry
Apr 13, 2015 (LBO) – The Health and Indigenous Medicine Ministry will soon introduce a special red label, on bottled drinks which have excessive sugar content, the Ministry said in a statement. “Manufacturers and importers should display a red label if the sugar content of the drink is over 11 grams per 100 milliliters,” Dr. […]
‘s success story can’t be copied and pasted on another”: IMF Mission Head
Apr 12, 2015 (LBO) – Georgia, once plagued with rampant corruption is lauded by World Bank today as the world’s number one economic reformer. Georgia, a country of 4. 5 Million population with a per capital GDP of USD 6,100 was once considered one of the most corrupted countries in the region. One had to […]
Sri Lanka’s Rajapakse regime used Rs375mn state lottery money for election campaign
Apr 10, 2015 (LBO) – Sri Lanka’s former rulers, the Rajapakse regime has used 375 million rupees from the state lottery board to fund the presidential election campaign, National Lottery Board said. “We have started an audit at the National lottery board,” Shyamala Perera, newly appointed Chairperson of National Lottery Board told reporters at a […]