Author: lbostgadmin
Ceylon Chamber Investor Forum attracts foreign interest
Feb 03, 2016 (LBO) – The upcoming ‘Sri Lanka Investment & Business Conclave 2016,’ organized by the Ceylon Chamber of Commerce is getting interest from international parties, the Chamber said in a statement. Over 30 investors from countries such as Australia, Bangladesh, China, Egypt, Germany, Georgia, Kuwait, Pakistan and Singapore have registered to take part […]
Indian Foreign Minister Sushma Swaraj to visit Sri Lanka
Feb 03, 2016 (LBO) – Indian Foreign Minister Sushma Swaraj will undertake an official visit to Sri Lanka from 5-6 February 2016 for the Ninth Session of the India-Sri Lanka Joint Commission. The Joint Commission, co-chaired by the Foreign Minister of Sri Lanka and his Indian counterpart will be held on 5 February 2016 in […]
Organic Agro Crops for Export Workshop
Cultivation and Processing of Organic Agro Crops for Export “Workshop with an International Perspective “ Press Release: International and National speakers are making presentations at a workshop titled “Cultivation and Processing of Organic Agro Crops for Export” to be held on March 02, 2016 from 0830 -1630 at Hilton Colombo Residences, Union Place, Colombo 02. […]
Opinion: Time to adapt to three inconvenient investment truths
By Steve Brice Global markets have had a rather rocky start to the year, to put it mildly. An indicator of global stocks has fallen 19 per cent from their record highs in May 2015 amid a broad-based sell-off in risk assets. An indicator of Emerging Markets stocks is down 35 per cent from last […]
India rates tied to fiscal discipline, Rajan signals Modi
Feb 03, 2016 (LBO) – India held interest rates unchanged on Tuesday with Reserve Bank of India Governor Raghuram Rajan sending a message to Prime Minister Narendra Modi that continued fiscal discipline was necessary for further interest rate cuts. “The Indian economy is currently being viewed as a beacon of stability because of the steady […]
Dulanjalee Premadasa writes to Mahinda Rajapaksa
1st February 2016 Original By Registered Post Copy by Courier Mr. Mahinda Rajapaksa, Member of Parliament Carlton House Tangalle Mr Rajapaksa, First let me say that, as a parent myself, I empathize with your wife and yourself on Yoshitha’s current legal status. Having said that I do not know whether Yositha is guilty or innocent […]
‘s most valuable company
Feb 02, 2016 (LBO) – Google’s parent company, Alphabet has reported fourth quarter earnings driving up the company’s shares by over 8 percent, foreign media reported. Alphabet shares jumped after the strong earnings report, making Google worth roughly 544 billion US dollars though Apple’s market capitalization stood at 534 billion US dollars. That has made […]
Hutch CEO commends TRC for new Flat Rate determination
The Telecommunication Regulatory Commission (TRC), the country’s telecom regulatory authority has established a new flat calling rate from 01st February, 2016. The old dual on-net/off-net tariff structure charged mobile subscribers twice the rate for calling off-net compared to calling on-net. This caused a lot of confusion and difficulties to mobile subscribers as they had to […]
Australia supports regenerative agriculture in Sri Lanka
The Australian High Commission is proud to have supported the growth of regenerative agriculture in Sri Lanka through the Direct Aid Program. On 28 January, Second Secretary Nick Burnett and Research Officer Namal Perera visited a project run by the Neo Synthesis Research Centre in Pallama in the Puttlam district, which teaches local farmers about […]
PTL Watch: Demand for short tenor Sri Lanka bonds
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US presidential race kicks off, Ted Cruz wins Iowa Republican caucuses
Feb 02, 2016 (LBO) – Texas Senator Ted Cruz has won the Iowa Republican caucuses defeating controversial figure Donald Trump in the United State’s first presidential contest. Cruz has bagged 28 percent of the Republican vote beating Donald Trump and Marco Rubio. Votes in the Democratic race are still being counted showing a fierce battle […]
Korea Eximbank to provide feasibility study for tunnel in Kandy
The Road Development Authority (RDA) of Sri Lanka and the Export-Import Bank of Korea (Korea Eximbank) will collaborate to explore durable solutions to ease the traffic woes that have plagued Kandy for the past decade. For all the tranquility that the Kandy city offers its residents and tourists alike, its central business district has been […]