VIDEO: Why is India’s growth slowing?

India is one of the world’s fastest-growing large economies, sometimes being touted as a potential economic and geopolitical counterweight to China. Recently, however, its growth fell to its slowest pace in six years. So what’s causing this slowdown, and how can it be reversed? CNBC’s Tom Chitty explains.

‘s SpaceX launches 60 more satellites

SpaceX launched 60 more mini internet satellites late on Monday, this time testing a dark coating to appease stargazers. It’s a “first step” compromise between SpaceX and astronomers who are fearful of having dark skies spoiled by hundreds and, eventually, thousands of bright satellites circling overhead.

VIDEO: Why capitalism needs to be reset in 2020

The FT’s Gillian Tett, Katie Martin and Andrew Hill outline the case for reinventing and reforming the model of free enterprise capitalism to deliver more profit with purpose and examine where opportunities for this change might lie in the year ahead.

President appoints six-member committee to aid appointments at state institutions

Nov 29, 2019 (LBO) – The Presidential Secretariat appointed a six-member committee comprised of professionals under the directions of President Gotabaya Rajapaksa to submit recommendations on appointment of competent personnel to the Boards of Public Enterprises, Statutory Bodies and State-owned Commercial Businesses. The high-level committee headed by Sumith Abeysinghe, former Secretary to the Cabinet and […]

Dinesh Gunawardena calls on Foreign Ministry officials to rise to new challenges

Nov 27, 2019 (LBO) – Minister of Foreign Relations Dinesh Gunawardena assumed duties yesterday that the entire country is looking towards the Foreign Ministry to find solutions for external pressures and challenges. “Hence, it is necessary for the officers in the Ministry and the network of missions to work dedicatedly towards overcoming these challenges,” he […]

‘s education in the 4IR : IPS

The profound impacts that an emerging fourth industrial revolution (4IR) will have on the future employment landscape underscore the crucial role of education and skills in preparing a workforce that can meet the needs of today’s and tomorrow’s labour markets. Indeed, education is at the heart of preparing present and future generations to succeed in […]

Sri Lanka on alert for heavy rain, strong wind

Oct 22, 2019 (LBO) – The Department of Meteorology has issued a red advisory for heavy rain, strong wind and rough seas, today. The department says this is due to the active cloudiness in the northern, southern and southeastern sea areas to the island. “There is possibility for heavyshowers or thundershowers and sudden roughness,associated with […]

Sri Lanka assures support to further the global disarmament agenda

Oct 14, 2019 (LBO) – Foreign Secretary Ravinatha Aryasinha has assured the UN high representative on disarmament Izumi Nakamitsu of Sri Lanka’s practical support in New York, Geneva and Vienna in furthering the global disarmament agenda. The Foreign Secretary who was in New York leading the Sri Lanka delegation to the 74th Session of the UN General […]

EU provides Euro 40Mn to strengthening transformation, reconciliation

Oct 10, 2019 (LBO) – The European Union (EU) is providing 40 million euros to Sri Lanka to co-finance the “Strengthening Transformation, Reconciliation and Inclusive Democratic Engagement” (STRIDE) project. Dr. R.H.S. Samaratunga, secretary to the Treasury at the Ministry of Finance, signed the financing agreement with Tung-Lai Margue, ambassador of the Delegation of the European […]

Esala Weerakoon approved as next secretary-general SAARC

Oct 07, 2019 (LBO) – The informal meeting of the council of ministers of the South Asian Association for Regional Cooperation (SAARC) held in New York last week has approved the nomination of former Foreign Secretary and senior career diplomat Esala Weerakoon, to be the 14th Secretary General of the association. The office will come […]

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