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Palm oil industry association launched to advocate sustainable growth in Sri Lanka
Sept 04, 2018 (LBO) – Sri Lanka’s Oil Palm industry has formally inaugurated an industry association under the aegis of the Ceylon Chamber of Commerce to promote common interests and advocate ‘Sustainable Growth through Responsible Production.’ Representing cultivators of oil palm, and refiners, processors, manufacturers, marketers and sellers of palm oil and other products of […]
Sri Lanka BoI targets 35 projects with Rs.46.4Bn in investments in the North
Sept 03, 2018 (LBO) – The Northern Province has benefited from investment as a result of the efforts of the Board of Investment of Sri Lanka. Among the BOI investments there are currently 6 apparel manufacturers which represent an investment of 8,000 million rupees and employ 7,917 workers. Another 15 projects in different sectors are […]
President of Sri Lanka Maithripala Sirisena turns 67 years of age today
September 3, 2018 (LBO) – President of Sri Lanka Maithripala Sirisena turns 67 years of age today.Among the first public birthday wishes on twitter was from Namal Rajapaksa MP, reminding one of the old adage that there are no permanent friends or enemies in politics.
‘s KTA Asian Freestyle Championships come to Kalpitiya
September 3, 2018 (LBO) – Media Release The KTA, Asia’s long established kiteboard competition organisation is heading to Sri Lanka to bring the country’s first ever international competition in the sport – the KTA Sri Lanka Asian Freestyle X Championships. Kiteboarding has been growing steadily in Sri Lanka, as its strong wind reputation and stunning […]
Leveraging trade-investment nexus will enable Sri Lanka create high value jobs: Fin Min
Sept 03, 2018 (LBO) – Leveraging the trade-investment nexus will enable Sri Lanka to create high value jobs and attract technology to drive productivity growth and real wage growth for citizens, the Finance Minister says. “In addition to enabling market access, it is also essential to address the supply side bottlenecks for investors,” Mangala Samaraweera, […]
BIMSTEC leaders decide to rationalize organization
Sept 03, 2018 (LBO) – The Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC) leaders, at the conclusion of the 2018 Summit laid the foundation for institutional mechanisms to accelerate the BIMSTEC process. The leaders agreed to establish a BIMSTEC Permanent Working Committee (BPWC), to draft a Charter for the organization, to […]
Oligarch Chat: Sumal wants to avoid tax, Harry wants Rs25bn, and Pathirage wants a dictator
September 2, 2018 (LBO) – As video clips move through traditional and social media, the public is abuzz about the comments made by some of Sri Lanka’s most powerful businessmen at the ‘Fireside Chat’ event last week at the Colombo Hilton. The event featured panelists: Dhammika Perera, Harry Jayawardena, Janak Hirdaramani, Merril Fernando, Sumal Perera […]
‘s oligarchs
August 31, 2018 (LBO) – Arguably Sri Lanka’s richest man, Dhammika Perera struck a patriotic tone at the recent “fireside chat” event at the Colombo Hilton. In a panel that comprised some of Sri Lanka’s most wealthy and influential businessmen (no women were on the panel), Perera stood out from the pack. The panel included […]
‘s petroleum data next week
Aug 31, 2018 (LBO) – Research vessel BGP Pioneer, sailing under the flag of Panama is to commence seismic data acquisition for exploring Sri Lanka’s prospects for petroleum resources in selected offshore areas of the island. The vessel is expected to call Colombo Port on Saturday and the operations are scheduled to be commenced ceremonially on […]