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SLT launched country’s first, purpose built tier 3, National Data Centre
SLT announces grand opening of the state-of-the-art Tier 3 “National Data Center” in Sri Lanka Sri Lanka’s First “Purpose built Tier 3 Data Centre” First “Green Gold Certified Data Centre” in Sri Lanka First Network Function Virtualization ready Data Centre in South Asia Together with Ministry of Telecommunications and Digital Infrastructure (T&DI) […]
Seat belts, air bags compulsory on vehicles from July: Finance Ministry
Jan 19, 2018 (LBO) – Finance Ministry has decided to postpone the implementation of the budget proposal on introduction of emission standards and safety measures up to July 01, 2018. The decision has been taken after considering the representations made by motor vehicle importers and manufacturers for a lead time to make required adjustments to comply […]
Sri Lanka’s USD500mn development bond oversubscribed
Jan 19, 2018 (LBO) – The issue of Sri Lanka development bonds amounting to 500 million US dollars has been oversubscribed with close to 527 million US dollars of bids received from investors. The Central Bank has received 129.27 million dollars of bids for the two year bond and the bank has accepted 93.15 million […]
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Joint Press Release following the 21st meeting of the European Union-Sri Lanka Joint Commission The 21st meeting of the European Union-Sri Lanka Joint Commission took place in Colombo on 18 January 2018. The European Union-Sri Lanka Joint Commission oversees the 1995 EU-Sri Lanka Cooperation Agreement on Partnership and Development. Its tasks include ensuring the implementation […]
Opinion: Cabinet decision to ban women from buying liquor is unconstitutional
By Verité Research Women are permitted to purchase liquor. On 10 January 2018, the Minister of Finance and Mass Media issued Excise Notification No. 02/2018 under the Excise Ordinance, No. 8 of 1912 (as amended). The new Notification amends Excise Notification No. 666 of 31 December 1979, and removes the ban on the sale of liquor […]
Action has taken to address issues highlighted in Weliamuna report: SriLankan
Jan 18, 2018 (LBO) – SriLankan Airlines says contrary to popular belief, its Director Board have taken all action possible to address internal & disciplinary issues highlighted in JC Weliamuna Report. Releasing a statement, the national carrier said the following statement will clarify the position of the actions taken by the Board of Directors of […]
Finance Ministry re-imposes ban on women buying liquor
Jan 18, 2018 (LBO) – Finance Minister Mangala Samaraweera on the request of the cabinet has withdrawn the two gazette notifications issued under the Excise Ordinance. Accordingly, the prohibition on selling liquor to women and employing women in places where liquor is manufactured or sold has been re-imposed under excise notification No 04 of 2018 […]
Japan grants an audio-visual studio to Sri Palee Campus
The Government of Japan has decided to grant a total sum of 12 million Rupees under its Grant Assistance for Cultural Grassroots Project for upgrading audio- visual equipment at the Department of Mass Media, Sri Palee Campus, University of Colombo. The Grant Contract was signed between His Excellency Mr. Kenichi Suganuma, Ambassador of Japan in […]
2018 FIFA World Cup Trophy Tour to Sri Lanka for first time next week
Jan 17, 2018 (LBO) – FIFA World Cup Original Trophy will arrive to Sri Lanka on 23rd January for the first time in country’s history. On 22 January, the international leg of the FIFA World Cup Trophy Tour by Coca-Cola kicks off in London, United Kingdom before visiting 51 countries on all six continents. The […]
Sri Lanka Debt Management Bill receives go-ahead from cabinet
Jan 17, 2018 (LBO) – Sri Lanka’s cabinet on Tuesday decided to publish proposed Debt Management Bill in gazette and present it in parliament for approval. Cabinet earlier granted approval to draft the law to implement accountability management as a strategy for effective public debt management. Through this new bill Sri Lanka’s public debt sustainability […]