Sri Lanka president sends unity message

Feb 05, 2014 (LBO) – Sri Lanka’s President Mahinda Rajapaksa called upon foreign nations to support an effort to build unity and reconciliation in a message marking an anniversary of gaining independence from British rule.Western nations, led by the US are expected to move a UN resolution calling on accountability for alleged war crimes citing […]

Appreciation

Feb 04, 2014 (LBO) One of the most humbling experiences in my professional life is the opportunity I had, to work with Mel Gunasekera for nearly ten years and to build a rewarding friendship.Mel took over the challenge of building LBO at a time most people were skeptical about the future of web as a […]

Passing

Feb 04, 2014 (LBO) – Mel was regarded by colleagues as a hard-nosed financial journalist even after she switched to a more lucrative job with an international ratings agency, but few would have known of her other passion – motor sports and classic cars. Our last conversation a few days earlier was all about the […]

Cricket: Sangakkara lifts Sri Lanka with 34th century

CHITTAGONG, February 4, 2014 (AFP) – Kumar Sangakkara became the leading century-maker among active Test players as Sri Lanka bounced back strongly after a shaky start in the second Test against Bangladesh in Chittagong on Tuesday.The tourists, who won the first Test by an innings and 248 runs in Dhaka last week, recovered from 49-2 […]

Sri Lanka stocks close 0.4-pct lower

Feb 03, 2014 (LBO) – Sri Lanka stocks close lower Monday with diversified and finance stocks losing ground, brokers said. The Colombo benchmark All Share Price Index closed 28.74 points lower at 6,219.34, down 0.46 percent. The S&P SL20 closed 12.03 points lower at 3,431.22, down 0.35 percent. Turnover was 1.10 billion rupees, down from […]

Credit Trend

Feb 03, 2014 (LBO) – Sri Lanka’s private credit is expected to pick up from this quarter, based on historical trends, but there could be a delay, Standard Chartered Bank said, as credit slowed following a balance of payments crisis.The report said further monetary easing should be viewed cautiously as it could generate currency instability […]

Obituary Notice

Gunasekera, Melicia (Mel) – Dearly beloved daughter of Marcus and Manel Gunasekera and loving sister of Dayan died under tragic circumstances. Cortege leaves residence 55/4, Gemunu Mawatha, Sri Subuthipura, Battaramulla at 2.30 pm on February 4, 2014 for service at Our Lady of Fatima Church Battaramulla. Burial will be held at Roman Catholic section of […]

Arrest

Feb 02, 2014 (LBO) – A suspect had been arrested over the murder of Mel Gunasekera, a senior financial journalist in Sri Lanka who was current working at Fitch, an international ratings agency.Before joining Fitch Ratings, Gunasekera was at the French News Agency AFP. She was the founder editor of Lanka Business Online and was […]

Tragedy

COLOMBO, February 2, 2014 (AFP) – Former Agence France-Presse journalist Mel Gunasekera was stabbed to death on Sunday after a break-in at her family’s home in the Sri Lankan capital Colombo, police said.The body of Gunasekera, who had been working for the international ratings agency Fitch, was discovered by her parents at their house in […]

Crime

Feb 02, 2014 (LBO) – Mel Gunasekera, a senior Sri Lankan financial journalist and founder editor of Lanka Business Online, was found murdered at her house Sunday, police said.Investigators were working with a bloodstained fingerprint and close-circuit-television-footage, police spokesman SSP Ajith Rohana said. She was alone in the house, in Battaramulla, while her parents and […]

Mel Gunasekera – an eulogy

Feb 02, 2014 (LBO) – On the morning of the first Sunday of February 2014 I felt as though the ground I stood on suddenly disappeared. I learned from a tweet that my friend and leading economic journalist Mel Gunasekera had been murdered in her home.How could this happen? She was in the prime of […]

Sri Lanka rejects US criticism over rights, democracy

COLOMBO, February 2, 2014 (AFP) – Sri Lanka on Sunday rejected “patently unfair” allegations by the United States that its rights record had deteriorated in the five years since the end of a bloody separatist war.Foreign Minister G. L. Peiris said remarks by Nisha Biswal, US Assistant Secretary of State for South and Central Asia, […]

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