Author: lbostgadmin
RTI, clear signal of Sri Lanka’s commitment to good governance: Atul Keshap
Remarks by Ambassador Atul Keshap Right to Information (RTI) Interactive Dialogue Launch May 16, 2016 – Water’s Edge Hotel, Colombo, Sri Lanka Honorable Minister, Members of Parliament, ladies and gentlemen, It is an honor to address this gathering as you discuss the creation of a Right to Information bill designed to enhance citizens’ access to […]
HDFC becomes official Banker of NEDA Entrepreneurship Development
HDFC Bank of Sri Lanka, signed a Memorandum of Understanding between HDFC Bank and the National Enterprise Development Authority (NEDA) for developing the SME sector in Sri Lanka. The signing of the MOU was between HDFC Bank General Manager/CEO Upali Hettiarachchi and NEDA Chairman/ Director General Omar Kamil. With this move HDFC Bank will act […]
MTD Walkers expands to Maldives
May 16, 2016 (LBO) – Integrated infrastructure and engineering solutions provider MTD Walkers announced today that it has expanded its operations to the Maldives. Walkers CML International (Private) Limited, a subsidiary of MTD Walkers PLC was incorporated in the Maldives to meet the growing demand of infrastructure development activities in the country. The group also […]
Commercial Bank of Ceylon website hacked: report
May 16, 2016 (LBO) – The corporate website of Commercial Bank of Ceylon was hacked, with its data posted online on May 12 by a hacking group which also posted data of several banks in Asia and Middle East, a report said. The group called Bozkurtla, with apparent Turkish ties, hacked data from five South […]
‘s Office
May 16, 2016 (LBO) – Sri Lanka’s Prime Minister’s office says there is no problem with the decision to import two brand new bullet-proof vehicles for the Premier as he had, so far, used older vehicles given by the President’s office. Releasing a statement, Sagala Ratnayake, the chief of staff of Premier Wickremesinghe, said two […]
Opinion: Sri Lankan Airlines, to sour or to soar?
By J. Lorenz May 16, 2016 (LBO)- During the 2005 -2015 period Sri Lanka’s privatisation programme came to a halt, and there was a wave of expansion in state businesses. State owned enterprises grew from 107 SOEs in 2009 to 245 SOEs in 2014. At the same time the number employed grew from 140,500 to […]
Oil drillers bet three-month crude rally nearing end
May 16, 2016 (LBO) – Oil drillers are betting a three-month rally in oil prices is coming towards an end, with inventories running at all-time highs. West Texas Intermediate oil, the benchmark U.S. crude, has gained more than 75 percent since hitting a 12-year low in mid-February, Bloomberg reported. Brent Crude was trading at 47.80 […]
Rajagiriya flyover work to commence July 2016: Harsha
May 16, 2016 (LBO) – Work on the proposed Rajagiriya Flyover will commence from July 2016 and be completed by 2018, a senior official said. “It gives me great pleasure to announce that as an interim solution to the total traffic solution in the Megapolis plan, we will soon start work on the Rajagiriya Flyover,” […]
Samantha Power meets former President Chandrika Kumaratunga
U.S. Permanent Representative to the United Nations Ambassador Samantha Power met with former Sri Lankan President Chandrika Bandaranaike Kumaratunga, currently Chairperson of Sri Lanka’s Office of National Unity Reconciliation (ONUR), and Mano Tittawella, Secretary-General for Coordinating Reconciliation Mechanisms, on May 11, 2016, at the Sri Lankan Mission to the United Nations in New York. Ambassador […]
Sri Lankan community in France to receive solutions for consular issues
Embassy of Sri Lanka in Paris successfully concluded the first ever consular forum conducted by the Department of Immigration and Emigration in Paris with a view to address issues faced by the Sri Lankan Community in France pertaining to issuance of passports, registration of birth, citizenship certificates and issuance of dual citizenship certificates. On an […]
Roshan Perera appointed to LAUGFS Leisure Board
Roshan R. Perera was appointed to the board of LAUGFS Leisure Limited at the recently held Board Meeting. LAUGFS Leisure is a subsidiary of LAUGFS Gas PLC and owns and manages the Anantaya chain of luxury resorts. Roshan joined LAUGFS Leisure as the CEO last year and is a veteran in the leisure sector, having […]
Ex-Sri Lanka captain Mahela Jayawardena appointed to ICC Cricket Committee
May 13, 2016 (LBO) – Ex-Sri Lanka Captain Mahela Jayawardena has been appointed to the ICC Cricket Committee, adding more cricketing experience to the Committee, the International Cricket Council said. Apart from Jayawardena, Former India captain Rahul Dravid has also been appointed to the Committee. Dravid and Jayawardena have played 1,161 international matches between them […]