Author: LBO Admin
President wants quick solutions to fertilizer related issues
Jun 10, 2020 (LBO) – President Gotabaya Rajapaksa instructed officials to find immediate solutions to issues faced by farmers relating to the supply, distribution and use of fertilizer. The issue of fertilizer is a common occurrence in many districts when cultivation starts. Short, medium and long term solutions should be found to address the issue, […]
Verite Research launches the first phase of a new public finance platform
Jun 09, 2020 (LBO) – Verité Research launched the first phase of publicfinance.lk, an online platform that will eventually be a one-stop-shop for all public finance related information in Sri Lanka. The beta version features initial insights and analyses on four key areas of public finance: debt, expenditure, financing and revenue. PublicFinance.lk aims to enhance […]
I step down from Parliamentary Election: Mangala Samaraweera
Jun 09, 2020 (LBO) – Mangala Samaraweera says that from today he steps down from the politics of being a member of parliament and requests the people of Matara to refrain from casting their preferential votes for him at the upcoming 2020 parliamentary election although his name appears in the electoral list as a candidate […]
PickMe Flash, a new tool in distance working
‘PickMe Flash’ has gained tremendous popularity under pandemic lockdown conditions in the country. With more businesses now opting for distance working, they look to PickMe Flash as a safe, fast, and smart way to maintain physical connectivity. Zulfer Jiffry, CEO of PickMe says as curfew conditions ease and work resumes in the capital, people need […]
‘s battle against malnutrition amidst COVID
Priyanka Jayawardena Although, Sri Lanka performs well in most health indicators, child nutrition remains a major issue. According to the Demographic and Health Survey (DHS) 2016, in Sri Lanka, more than 20% of children under five years are underweight. Unsurprisingly, malnutrition is especially prevalent among poor households. Successive governments have implemented several programmes to improve […]
President reviews issues in private bus sector
Jun 09, 2020 (LBO) – President Gotabaya Rajapaksa pointed out the importance of developing the service provided of private bus owners in a systematic manner while ensuring a standard service to the public. President directed relevant officials to prepare a joint time table after carefully studying the long-standing issue relating to the same in consultation […]
VIDEO: The paradox of value
Imagine you’re on a game show and you can choose between two prizes: a diamond … or a bottle of water. It’s an easy choice – the diamonds are more valuable.But if given the same choice when you were dehydrated in the desert, after wandering for days, would you choose differently?Why? Aren’t diamonds still more […]
Sri Lanka raises concerns on reference to SL in OHCHR press release
Jun 09, 2020 (LBO) – Sri Lanka’s Acting Permanent Representative to the United Nations in Geneva, Dayani Mendis, in a letter addressed to the United Nations High Commissioner for Human Rights, Michelle Bachelet, has raised concerns regarding the allegations made in a press release issued by the High Commissioner on 03 June 2020 regarding “clampdown” […]
No politics during General Election – President warns heads of state institutes
Jun 08, 2020 (LBO) – President Gotabaya Rajapaksa advises all Heads and members of Board of Directors of State entities including Corporations and Statutory Boards, appointed by his government, not to engage in political activities in favor of any political party during the upcoming General Election. “If any Head or Board member wishes to extend […]
US donates equipment for Sri Lanka’s frontline responders to COVID-19
U.S. Ambassador to Sri Lanka and Maldives Alaina B. Teplitz handed over a donation of Personal Protective Equipment (PPE) and other materials to Major General Sudantha Ranasinghe (ret’d), Director General of the Disaster Management Centre, to contribute to Sri Lanka’s battle against the COVID-19 pandemic. The donation is part of the “All of America” approach […]
Prime Grand resumes construction aligned with health protocols
Prime Grand, the flagship luxury project of Prime Group, the leading real estate developer of Sri Lanka, has resumed its operations in accordance with #RestartSL protocols announced by the Government of Sri Lanka. Prime Group which stands strong in their contribution towards the economic regeneration in the country, celebrated a key milestone of ‘Prime Grand’, […]
Fitch revises Sunshine Holdings’ National long-term rating to ‘A(lka)’ from ‘A-(lka)’
Jun 08, 2020 (LBO) – Fitch Ratings has revised the National Long-Term Rating of Sunshine Holdings (CSE:SUN), to ‘A(lka)’ from ‘A-(lka)’ and has simultaneously affirmed its Outlook Stable. The rating revision of the diversified conglomerate, along with two other non-financial corporates, follows the recalibration of Fitch’s Sri Lankan National Rating scale to reflect changes in […]