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Sri Lanka’s new government has hopeful prospects of opening positive relations with US: National Peace Council
May 05, 2015 (LBO) – Sri Lanka’s new government has hopeful prospects of opening a new relationship with United States of America and opportunities of working together in the future, Jehan Perera, Executive Director, National Peace Council of Sri Lanka said in a statement.The full statement follows Hopeful prospects of new relationship with United States […]
Sri Lanka to develop a new policy for investment: BOI Chief
May 05, 2015 (LBO) – Sri Lanka’s Board of Investment said, that it is developing a new policy framework for investments with the help of a panel of experts. “We are in the process of creating an economic investment policy for Sri Lanka,” Upul Jayasuriya, Chairman of BOI told reporters at a briefing held last […]
‘s Central Bank to open a regional office in Kilinochchi
May 04, 2015 (LBO) – The Central Bank of Sri Lanka will be opening its regional office in in Ariviyal Nagar, Kilinochchi on 06th of May, a statement said. The bank will declared open by Minister of Resettlement, Reconstruction and Hindu Affairs D M Swaminathan and Deputy Minister of Policy Planning, Economic Affairs, Child, Youth […]
US official John Kerry stressed US commitment for Sri Lanka’s war crimes probe
May 4, 2015 (LBO) – United States Secretary of State John Kerry met heads of the Tamil National Alliance (TNA) party Sunday and stressed his country’s commitment for a trustworthy war crime investigation process. “@JohnKerry stresses to TNA leaders US commitment to genuine & credible process for accountability and reconciliation” US embassy of Colombo has […]
US pledges support for Sri Lanka
May 3, 2015 (LBO) – United States Secretary of State, John Kerry, has promised the government all possible assistance to continue its current process in the coming months and years, a statement said.“We respect and value your work,” Kerry was quoted saying when he paid a courtesy call on the President today at the Presidential […]
Nepal: What can be done? What lessons can be learned?
Many people I care for live in Nepal. Less than a month ago I was teaching in Nagarkot, in the hills about an hour out of Kathmandu. I recognize some of the buildings with cracks that come on the TV screen. I receive the tweets that say #prayforNepal. I wonder, who does one pray to? […]
Sri Lanka stocks close up 0.08-pct
Apr 30, 2015 (LBO) – Sri Lanka’s stocks closed higher at 0.08 percent with the banking sector stocks trading actively, brokers said. The Colombo benchmark All Share Price Index closed 5.63 points higher at 7,179.00 up 0.08 per cent. The S&P SL20 closed 5.01 points higher at 4,053.45 up 0.12 per cent. “The day’s trading […]
‘s inflation stable at 0.1-pct in April
Apr 30, 2015 (LBO) – Sri Lanka’s consumer prices rose 0.1 percent in April 2015 from a year earlier, against the 0.1 percent recorded in March, the central bank said.The Colombo Consumer Price Index accelerated 0.2 percent in the month, after recording a 0.4 percent negative acceleration in March. The Index gained 0.4 points in […]
Sri Lanka to pursue CEPA only if advantageous to us: Minister
Apr 30, 2015 (LBO) – Sri Lanka will go ahead and sign the Comprehensive Economic Partnership Agreement (CEPA) with India only if it is deemed beneficial to us, Harsha de Silva, Deputy Minister of policy planning and economic development said.“We have to be convinced that this agreement is beneficial to Sri Lanka.I don’t represent the […]
Sri Lanka’s BOI sign MOU with UK publishing firm
Apr 30, 2015 (LBO) – Sri Lanka’s Board of Investment signed a memorandum of understanding with Oxford Business Group (OBG), a publishing firm in United Kingdom yesterday to publish a report on investment opportunities and current drivers of economic growth in the Island. “Over past few months OBG was receiving invites from our core clientele […]