Author: Charitha Fernando
Sri Lanka small passenger aircraft targeted by Mahindra Aviation
Sept 03, 2012 (LBO) – India’s Mahindra group is targeting Sri Lanka with its range of small passenger aircraft which can boost domestic and short range air travel between neighboring destinations including the Maldives, a top executive said. The group’s chief of strategy, Shiprakash Shukla said its small aircraft is ideal to take smaller groups […]
Tighter Rules
Aug 24, 2012 (LBO) – Sri Lanka will tighten its anti-money laundering and terrorist financing laws to comply with international requirements, minister Keheliya Rambukwella said. Rambukwella said cabinet of minister had given the nod to draft necessary changes to an existing Convention on Suppression of Terrorist Financing Act No 25 of 2005 to comply with […]
Sri Lanka caught in Indian Ocean power struggle – scholar
July 31, 2012 (LBO) – Sri Lanka will inevitably be drawn in to power struggle for dominance in the Indian ocean as China increasingly seeks to extend its clout beyond its “traditional areas of operation into the Indian ocean,” a top US political scientist told a gathering in Colombo. Professor Sumit Ganguly, a renowned US […]
‘s 2013 budget to allocate funds for lesson commission proposals
July 27, 2012 (LBO) – Sri Lanka’s budget for 2013 will allocate funds for state agencies where money is needed to implement recommendations of a commission which went in to the root causes of a civil war, a top official said. Sri Lanka’s Lessons Learnt and Reconciliation Commission (LLRC), has come up with a number […]
‘s business climate and free trade can soften Eurozone effect: envoy
July 26, 2012 (LBO)- Sri Lanka can further improve its business climate to propel growth, attract more investors while freeing trade could ease also soften the impact of a Eurozone crisis, a diplomat has said. British high commissioner (ambassador) John Rankin, told an annual meeting of Sri Lanka’s Ceylon Chamber of Commerce that greater protectionism […]
Sri Lanka in push for stronger economic ties with US
July 17, 2012 (LBO) – Sri Lanka is pushing for stronger economic ties with the United States which will strengthen overall diplomatic relations between the two countries, a top diplomat said. “At this point we have a very straightforward and genuine relationship with the US,” Sri Lanka’s envoy to the United States, Jaliya Wickremasuriya said. […]
Sri Lanka hospitality school hopes to fill skills void
June 27, 2012 (LBO) – A leisure industry school linked to a UK-based professional body said it is stepping to fill a growing need for leisure sector executives as the island sees a tourism boom after the end of a three decades long war. Sri Lanka’s tourism sector is booming after the end of a […]
Sri Lankan state-run university part-funds its own capex
June 15, 2012 (LBO) – Sri Lanka’s state-run University of Colombo is part-financing a 395 million rupee building with cash generated by lecturers who conduct post graduate programs, as well as bank financing, officials said. “There is big demand for post graduate studies from the private sector,” professor Hirimburegama said. “I don’t think we should […]
Sri Lanka economic sanctions ruled out by US
Mar 21, 2012 (LBO) – The United States will not push for economic sanctions on Sri Lanka despite calls for a probe into alleged war crimes, Robert Blake, a top US State Department official said in an exclusive interview. But the government needs to move faster on reconciliation between the island’s main communities after the […]
‘s Galle literary festival closes
Jan 23, 2012 (LBO) – Curtains came down on the five-day long Galle Literary Festival on Sunday with discussions on obsessive love, war and Indira Gandhi taking centre stage. Biographers Nayantara Sahgal and Katherine Frank shed light on the iron lady of South Asia, the iconic Indira Gandhi’s political career and how she exercised power […]
Sri Lanka launches hot air ballooning
Oct 18, 2011 (LBO) – Sri Lanka Saturday launched hot air ballooning over Colombo with daily flights scheduled from November as part of plans to boost leisure activities in the city and attract both local and foreign tourists. Adventure Asia, says it has been operating commercial balloon flights in the central areas of Dambulla, Sigiriya […]
Sri Lanka military gets two Chinese passenger transports
Oct 01, 2011 (LBO) – Sri Lanka Air Force Friday took delivery of two 56 seat twin engine turboprop aircraft from China which could be used for regional civillian passenger applications, an official said. “We haven’t got that far but we are looking at the possibility,” Air Force spokesman Group Captain Andrew Wijesuriya said. The […]