Category: Other News
‘s revised 2020 forecast highlight no growth in Japan and Singapore, slow-down in China
Mar 17, 2020 (LBO) – Moody’s Investors Service has revised its forecasts for most APAC economies on coronavirus implications, incorporating ongoing travel restrictions and heightened containment measures, as well as the recent oil price shocks. “Our baseline scenario assumes declining consumption levels and continuing disruptions to production and supply chains in the first half of […]
All recent returnees from Europe, Iran and Korea need to register with the Police
Mar 16, 2020 (LBO) – Sri Lanka’s Defence Ministry said yesterday it has requested all who arrived from Europe including UK, Iran and South Korea between 1 and 15 March to register with the Police or 119 Centre immediately. Ministry said judicial action will be taken against those who fail to comply this order under […]
President proposes collective SAARC response to fight COVID – 19
Mar 16, 2020 (LBO) – President Gotabaya Rajapaksa today (15) proposed to leaders of South Asian Association for Regional Cooperation (SAARC) to formulate a collective response to combat COVID – 19. He further called for SAARC Ministerial Meeting to discuss measures to overcome this deadly health threat. President Rajapaksa made these proposals participating in a […]
Opinion: The cost of being a Sri Lankan woman
By Nishtha Chadha This year’s International Women’s Day theme is #EachforEqual – a concept grounded in the idea of ‘Collective Individualism’. Collective Individualism is the idea that each of us is part of one whole. Our individual actions, conversations, behaviours and mindsets go beyond the confines of our individual lives, and can have a significant […]
HSBC CFW introduces impact-based responsible program for the Sri Lankan fashion industry
Mar 04, 2020 (LBO) – The “Responsibility in Fashion” program by HSBC Colombo Fashion Week introduces three responsibility and circularity-based initiatives, which are actionable impacts and with this HSBC Colombo Fashion Week opens the door for the stakeholders of the Sri Lankan fashion design industry to embrace and start on a journey towards circularity. Issuing […]
World Bank announces up to USD12Bn immediate support for COVID-19
Mar 04, 2020 (LBO) – As COVID-19 reaches more than 60 countries, the World Bank Group is making available an initial package of up to $12 billion in immediate support to assist countries coping with the health and economic impacts of the global outbreak. This financing is designed to help member countries take effective action […]
VIDEO: What the technicals are saying about oil, Won & 10-year yield
Paul Ciana, Bank of America technical analyst, takes a look at some of the technicals behind oil prices, the South Korean won and the 10-year U.S. Treasury yield.
UN rights chief regrets Sri Lanka withdrawal from resolution
Feb 28, 2020 (LBO) – The United Nations’ human rights chief expressed regret on Sri Lankan government’s decision to withdraw its co-sponsorship of a 2015 resolution backing an investigation into alleged human rights violations during the island’s civil war, Thursday. Michelle Bachelet addresssing the U.N. Human Rights Council sessions in Geneva said that the decision […]
VIDEO: How American CEOs got so rich
American companies today spend billions on stock buybacks. So what does that mean for the US economy? And how did it help make American CEOs so unbelievably rich?
FM will formally inform decision of govt. to withdraw co-sponsorship of resolution
Feb 26, 2020 (LBO) – Minister of Foreign Relations, Skills Development, Employment and Labour Relations, Dinesh Gunawardena who leads the Sri Lanka delegation to the 43rd Session of the Human Rights Council is scheduled to address the High Level Segment of the Human Rights Council (HRC), Wednesday. He will formally inform the Council Members of the […]