Author: lbostgadmin
Sri Lanka’s President appoints new cabinet of ministers
New cabinet members appointed by the President Maithripala Sirsena: Mahinda Rajapaksa: Minister of Finance and Economic Affairs Nimal Siripala de Silva: Minister of Transport and Civil Aviation Dr. Sarath Amunugama: Minister of Foreign Affairs Mahinda Samarasinghe: Minister of Ports and Shipping Mahinda Amaraweera: Minister of Agriculture Ranjith Siyambalapitiya: Minister of Power and Renewable Energy Dr. […]
Maithri is talking of assassination plots to cover up his misdeed: Ranil
Ranil Wickramasinghe’s special statement on 29.10.2018 Venerable Maha Sanga Venerable Priests of All Other Religions Friends On 8th of January 2015, 62 Lakhs of people of this country got together as a common front to re-establish democracy in the country and to re-establish peace and reconciliation. We rallied together, against corruption, fraud and thuggery, and […]
LVL Energy Fund set to expand portfolio with 7 new solar power plants
Leading energy company and a subsidiary of Lanka Ventures, the LVL Energy Fund PLC is set to expand its alternative energy footprint with the development of seven new solar power projects. The plants will be set up in partnership with First Energy SL (Pvt) Ltd, in strategic locations across the island and will have a […]
Seylan Bank records profit-after-tax of Rs. 3.1 Bn in 3Q 2018
The Bank closed the 9 months ending 30th September 2018 with a post-tax profit of Rs.3,138 Million, a moderate growth of 4.5 % over the corresponding period last year in the backdrop of challenging market conditions. The Bank increased its Net Interest Income and recorded a commendable growth of 14.4% to reach Rs. 13,013 Million […]
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Oct 29, 2018 (LBO) – Moody’s says the current political crisis in Sri Lanka is credit negative for the sovereign and the President’s sudden appointment of Mahinda Rajapaksa as Prime Minister significantly heightens policy uncertainty. Issuing a statement, Matthew Circosta of Moody’s Investors Service said the possible social tensions that may unfold in the next few weeks […]
Majority of Parliamentarians want Speaker to reconvene the house – Ranil
October 29, 2018 (LBO) – Ranil Wickremesinghe addressing foreign correspondents at Temple Trees has said that the majority of MPs want the Speaker to reconvene the house. Speaking to correspondents this afternoon at the Prime Minister’s official residence, the UNP leader Ranil Wickramsinghe reiterated that the supreme authority of the country is the Parliament. As […]
Sampanthan calls upon President to summon Parliament forthwith
October 29, 2018 (LBO) –
United States calls on President of Sri Lanka to immediately reconvene Parliament
October 29, 2018 (LBO) –
Sri Lanka President clarifies recent political developments
President Maithripala Sirisena’s Address to the Nation on October 28, 2018 I have decided to address the nation today in the context of the recent political developments in the country, I thought it was essential to clarify the path we have to take in the future and to describe the reasons and the background, […]
Speaker reminds President that prorogation should be done in consultation with him
Oct 28, 2018 (LBO) – Speaker of Sri Lanka’s Parliament Karu Jayasuriya today said that it is his duty as the Speaker to draw the attention of the President to the convention that a prorogation should be done in consultation with the Speaker.Sending a letter to the President, Jayasuriya said continuing the prorogation until 16 […]
We will set up an interim government and eschew politics of hate: PM
Oct 28, 2018 (LBO) – Sri Lanka’s newly appointed Prime Minister Mahinda Rajapaksa says that they will eschew the politics of hate and set up an interim government that will protect the human rights of all citizens and protect the independence of the judiciary and establish law and order in the country. Releasing a statement […]
Ruwan Wijewardene – Statement on Constitutional Crisis
October 28, 2018 (LBO) –