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‘s advisors? Rukman Senanayake should be one of them
October 21, 2018 (LBO) – The drama over the dissolution of the boards of directors of the Board of Investment (BOI), Bank of Ceylon (BOC), and Peoples Bank has led many to ask the question….Who are the President’s advisors? Whoever they are, their advice has resulted in simmering tensions with the UNP and its leader […]
‘s Bank
October 24, 2018 (LBO) – President Maithripala Sirisena has appointed long time public servant Sujatha Cooray as the Chairperson of People’s Bank according to a Newsfirst report.Cooray is a former Secretary to the Ministry of Ports and Highways. She has also served as Deputy Secretary to the Treasury.The new Chairperson has a Masters in Development Studies, […]
CBSL Deputy Governor C. J. P. Siriwardena appointed Commissioner General of Inland Revenue
October 23, 2018 (LBO) – Central Bank of Sri Lanka Deputy Governor Mr. C. P. J. Siriwardena has been appointed as Commissioner General of Inland Revenue by Finance Minister Mangala Samaraweera. The position is the top tax official in Sri Lanka and is one of the most important public sector appointments. His Bloomberg Executive Profile […]
Two weeks not enough to place EOIs for Hyatt and Hilton Hotels: Vasudeva
Oct 23, 2018 (LBO) – Sri Lanka’s government should extend the time period given to investors to place Expressions of Interests (EOIs) for the divestiture of Hyatt and Hilton Hotels, Parliamentarian Vasudeva Nanayakkara reiterated today. Nanayakkara who is a lawyer by profession said in a statement that real investors require time to get approvals from […]
Delegation from State Department observes US funded demining activities
A delegation from the U.S. Department of State’s Office of Weapons Removal and Abatement visited Sri Lanka from October 8 to 12, 2018 to observe U.S.-funded demining activities and meet with some of the beneficiaries of these projects. The projects are part of the nearly 600 million Sri Lankan rupees ($3.5 million) in assistance that […]
Ravi Abeysuriya appointed to Seylan Bank board as an Independent Director
October 23, 2018 (LBO) – Ravi Abeysuriya has been appointed to the board of directors of Seylan Bank with effect from October 17t, 2018 according to a stock exchange disclosure. Abeysuriya’s Bloomberg executive profile reproduced below: Mr. Ravi Abeysuriya, CFA, serves as the Chief Executive Officer of Heraymila Securities Limited. Mr. Abeysuriya served as Managing […]
‘s top 10 countries to visit in 2019
October 23, 2018 (LBO) – Sri Lanka has placed number one among the Lonely Planet’s top 10 countries to visit in 2019. According to Wikipedia, Lonely Planet is among the largest travel guide book publishers in the world. They have sold over 120 million books since inception (1972) and over 11 million of its travel […]
”’ defence conference
October 22, 2018 (LBO) – The annual ‘Galle Dialogue- 2018’ International Maritime Conference organized by the Sri Lanka Navy commenced at the Galle Face Hotel in Colombo, today.The President and Commander in -Chief of the Armed Forces HE Maithripala Sirisena graced the inaugural session of the conference as the Chief Guest, this morning. State Minister […]
Sri Lanka’s first national SME study calls for apex Commission & licensing agency
Sri Lanka’s first ever nation-wide study on the country’s SMEs recommend an apex SME Advisory Commission integrating the three top national SME institutions under one roof. It also recommends Sri Lanka’s first ever SME Industrial Zone, a national SME portal ‘e-platform’, and an SME-only licensing agency on the lines of BoI. “I wish to thank […]
Ambassador Gunasekera pays farewell calls on dignitaries of Korean government
On completion of tenure as the Ambassador of Sri Lanka to the Republic of Korea, Ambassador Manisha Gunasekera paid farewell calls on high level dignitaries of the Korean Government prior to her departure from Seoul. The Ambassador paid a farewell call on the first Vice Minister of Foreign Affairs Cho Hyun at the Korean Ministry […]