Sri Lanka’s rubber production declines for third consecutive year: CB

May 06, 2015 (LBO) – Sri Lanka’s rubber production declined for the third consecutive year with weak international demand and adverse weather conditions affecting the industry, the Central Bank said.“Rubber production dropped by 24.4 per cent to 98,573 metric tons in 2014 from 130,420 metric tons in 2013,” the Central Bank 2014 Annual report said. […]

Sri Lanka to implement Bibile sugar development project

Apr 23, 2015 (LBO) – Sri Lanka’s cabinet has given approval to implement the Bibile sugar development project with the participation of farmers from the Badulla and Ampara districts covering the cultivation of sugar cane for the production of sugar and cultivate mixed crops.Each farmer in the area will be provided a block of land […]

Sri Lankans to get Indian visa on arrival form 14 April

Apr 15, 2015 (LBO) – Sri Lankans visiting India will receive visas on their arrival from yesterday (April 14th), a statement issued by the Government said.“Sri Lanka has been added to the list of countries that will enjoy the visa on arrival facility,” the statement said.“Sri Lankan Nationals who arrive at the airports of Delhi, […]

Sri Lanka to introduce red labels for drinks with excessive sugar: Health Ministry

Apr 13, 2015 (LBO) – The Health and Indigenous Medicine Ministry will soon introduce a special red label, on bottled drinks which have excessive sugar content, the Ministry said in a statement. “Manufacturers and importers should display a red label if the sugar content of the drink is over 11 grams per 100 milliliters,” Dr. […]

Sri Lanka will uphold ban on illegal Indian fishermen, Rs.1 bn loss daily: Minister

Apr 07, 2015 (LBO) – Sri Lanka’s is losing one billion rupees daily due to illegal fishing by Indian fishermen in Island’s Northern waters,Minister of fisheries said.The new regime also plans to strongly uphold its ban on foreigners fishing in the Indian Ocean Island’s waters.“During recent discussions with Indian fishermen, they asked for 83 days […]

Sri Lanka’s GSP Plus to be re-evaluated:EU

Apr 01, 2015 (LBO) – The European Union is seriously reevaluating the island’s request to grant the GSP plus concession for exports to the EU and to lift the restrictions imposed on export of fish products, European Union Ambassador to Sri Lanka, David Daly has said. Daly has also expressed deep appreciation over the new […]

Indian fisherman

Mar 12, 2015 (LBO) – Sri Lanka’s government said in a statement 86 fishermen will be release back to India to correspond with Prime Minister Narendra Modi’s visit to the island, tomorrow.India’s Prime Minister Narendra Modi will visit Sri Lanka on a three day tour commencing 13th March. His visit will be the first visit […]

Sri Lanka should re-position itself as the original “Sapphire Hub”: Official

Mar 10, 2015 (LBO) – Sri Lanka’s blue sapphire should be re positioned to its original “Sapphire hub” status by creating global awareness through value addition, a senior official said. “Sri Lanka lays claim to over 70 coloured gemstones out of 200 found globally including the best blue sapphire of the world, but are we […]

Online Solution

Feb 18, 2015(LBO) – Sri Lanka’s Export Development Board (EDB) said that it has opened a web portal for service exporters as a one stop for them to link with international partners.Sri Lanka™s exports of ICT and construction services increased by 8 percent to 774 million US dollars in 2013 from 2012™s 714 million US […]

Human Rights

Feb 17, 2015 (LBO) – The United Nations had delayed the report of alleged human rights violations in during the Tamil tiger war in Sri Lanka until September 2015, given the changing political context in the island. He said that the three experts, who were appointed by his predecessor Navi Pillay to advise the investigation, […]

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