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‘s new president to be sworn today
Jan 09, 2015 (LBO) – Sri Lanka’s newly elected president Maithripala Sirisena is to be sworn in today (09) evening at 6 pm in Independence Square, Colombo,a media release said. Sri Lanka’s President Mahinda Rajapaksa has left Temple Trees following a brief discussion with the opposition leader Ranil Wickramasinghe on Friday morning. Opposition leader Ranil […]
’s Presidential Election Postal Votes – Update 01
Jan 09, 2015 -Sri Lanka’s postal results of the Presidential Election 2015 was announced by the Department of Elections with the release of postal vote results of the Ratnapura District. President Mahinda Rajapaksa has received the highest with 11,864 postal votes (56.6%) while Common Prsidential candidate Maithripala Sirisena received 9,053 postal votes (43.2%) in the […]
’s President Mahinda Rajapaksa leaves official residence – Update 02
Jan 09, 2015 (LBO) – Sri Lanka’s President Mahinda Rajapaksa has left Temple Trees following a brief discussion with the opposition leader Ranil Wickramasinghe on Friday morning, a senior official at the opposition leader’s office said. They have discussed matters about the smooth transition of power, Saman Athaudahetti told LBO. The elections department has already […]
’s Central Bank Governor to resign
Jan 09, 2015 (LBO) – Sri Lanka’s Central Bank Governor Ajith Nivard Cabraal has informed His Excellency the President that he wishes to resign from the post of Governor with immediate effect, in order that the new President may appoint a new Governor. The new President Maithripala Sirisena has obtained 6,217,162 votes or 51.28 percent […]
’s Presidential Election
Jan 08, 2015 (LBO) – Sri Lanka’s voter turnout exceeded 70 percent in Kalutara, Nuwara Eliya, Matara and Ratnapura districts, Election Returning Office (ERO) said. Kalutha has reported 70 percent while Nuwara Eliya is 80 percent, Matara 73 percent, Trincomalee 72 percent Ratnapura 84 percent Kegalle 75 percent, kandy 76 percent, Galle 73 percent Puttalam […]
’s Presidential polls begins
Jan 08,2014 (LBO) – Sri Lanka president polls commenced at 8 in the morning today and will continue till 4 pm. President Rajapaksa contesting for a third term seeking power. He is challenged by former health minister Maithripala Sirisena who defected to the opposition. About 15,044,490 voters has been registered for the election. About 12,314 […]
Sri Lanka expects US$100 Bn Market Capitalization by 2020: SEC Chief
Jan 08, 2014 (LBO) – Sri Lanka expects a US$ 100 billion market capitalization by 2020, the Chairman of Securities and Exchange Commission said yesterday.We hope to see about 7. 5 billion US dollars being raised through the capital market over the next six years which will add another US$ 30 billion as capitalization,” We […]
Sri Lankan insurers wrapping up segregation plans, four under evaluation: regulator
Jan 07, 2015 (LBO) – Sri Lanka’s composite insurers are on track to complete a regulatory push to split their businesses despite legal affairs delayed several insurers, a senior official said. Director General of the island’s insurance regulator Damayanthi Fernando told LBO that seven out of twelve composite insurers have so far completed their segregation […]
Sri Lanka SEC says State Owned Enterprises should be listed on CSE
Jan 07, 2014 (LBO) – Sri Lanka’s Securities and Exchange Commission says, not only the private sector but also State owned Enterprises (SOEs) should be listed on the Colombo Stock Exchange, in order to achieve its USD 100bn market capitalization target by 2020. However, there are several commercial ventures that belong to government which are […]
’s election chief agrees new measures for vote counting: Bar Association
Jan 06, 2015 (LBO) – Sri Lanka’s election commissioner has agreed to a set of proposals aimed at holding a transparent vote counting process, the bar association of Sri Lanka said. The proposals for the upcoming presidential election include, polls monitors to be informed of the results of the counting centers before making it officially […]