Author: lbostgadmin
‘s Pakistan visit a testimony of strong bonds:Nawaz Sharif
Apr 07, 2015 (LBO) – Sri Lankan President Maithripala Sirisena’s visit to Pakistan is a testimony to the strong bonds of friendship between the two countries, Pakistani Prime Minister Nawaz Sharif had said addressing a joint press conference on Monday, a statement said.Sirisena visited Pakistan starting 5th April for a three day tour, in order […]
Sri Lanka can’t abolish the powers of executive presidency and give it to an executive PM: Minister
Apr 07, 2015 (LBO) – Sri Lanka can’t abolish the executive presidency and then pass the executive powers on to the Prime Minister, Minister of Power and Energy said. “We can’t abolish the powers of the executive president and give it to another like the executive Prime Minister,” Minister of power and energy, Patali Champika […]
UN to support development indicators of Sri Lanka
Apr 07, 2015 (LBO) – The Visiting United Nation’s assistant secretary-general and United Nation Development Plan’s regional director Haoliang Xu, had said that the UN and UNDP in particular would be ready to extend support to developing country specific development indicators that will contribute to the post-2015 development agenda. He said this at a discussions […]
Sri Lanka’s new regime calls for PPPs to develop wind and solar energy sector
Apr 07, 2015 (LBO) – Sri Lanka’s private sector participation is needed for the Island’s energy sector to further explore and develop the wind and solar energy in the country, an official said. “The theoretical potential is there in wind and solar, but we (government) need your (private sector) help to convert this to technical […]
Sri Lanka sells Rs20.04bn in 2 and 6 year bonds
Apr 07, 2015 (LBO) – Sri Lanka has sold 20.04 billion rupees of two and six year bonds after calling bids for 20 billion rupees of bonds, the state debt office said. The debt office on Tuesday sold 12.44 billion rupees of two year bonds maturing on 15 May 2017 at weighted average yield of […]
Sri Lanka’s President leaves for Pakistan: Trade discussions on the table
Apr 06, 2015 (LBO) – Sri Lanka’s President Maithripala Sirisena left for Pakistan yesterday on a a three-day state visit on the invitation of Prime Minister Muhammad Nawaz Sharif, the presidents office said in a media release. The President plans to hold bilateral discussions with the President of Pakistan Mamnoon Hussain, Prime Minister Nawaz Sharif […]
Sri Lanka‘s MAS lingerie brand Amante launches its new collection
Apr 06, 2015 (LBO) –Sri Lanka’s, MAS lingerie brand Amante launched its newest collection recently, embracing the shades, contrast details and extravagant prints in vogue this season. The new Sunburst collection –which features prints, contrast piping details and two-tone laces with aquamarine and sunflower yellow as strong accent colours – comes in five styles: Tropical […]
Sri Lanka and Pakistan inks six bilateral agreements
Apr 06, 2014 (LBO) – Sri Lanka and Pakistan has signed six agreements including a mutual cooperation in the shipping business between Pakistan national shipping corporation and the Ceylon shipping corporation, President’s office said.President Maithripala Sirisena who is currently on a three-day state visit to Pakistan presided over the signing ceremony with the Pakistan Prime […]
Sri Lanka’s energy minister says no new coal power plants in the future
Apr 06, 2015 (LBO) – Sri Lanka’s power and energy minister says the country expects to run its power plants using gas and does not expect to make any new investments into coal power generating plants.“We will run our power stations that is Kerawalapitiya and also Kelanitissa using gas and we will not install any […]
Sri Lanka’s tourist arrivals up 18-pct in March 2015, 1st quarter up 13.6-pct
Apr 06,2015 (LBO) – Sri Lanka’s tourist arrivals rose 18 per cent to 157,051 in March 2015 from a year earlier with a surge in tourist arrivals from China and cumulative as at end 1st quarter to 478,838 with a growth of 13.6 per cent, data from the state tourism promotion office showed. Sri Lanka […]
‘s exports to Pakistan can be more diversified: Business potential seen in power generation: Official
Apr 06, 2015 (LBO) – Sri Lanka can increase its exports to Pakistan through diversification and investment in power generation will be one such area to explore, a Pakistani official said.“There is very little diversification in the products that Sri Lanka is exporting to Pakistan,” Hazan Ali Zaigam, First Secretary, High Commission of Pakistan in […]
Sri Lanka says “NO” to unsolicited proposals
Apr 06, 2015 (LBO) – Sri Lanka decided not to accept unsolicited proposals as a matter of policy, and plans to act according to the government tender procedure regarding all such proposals in the future, cabinet spokesman, Rajitha Senaratne said last week.The cabinet of ministers has already approved this proposals made by Prime Minister Ranil […]