Category: Environment
Moragahakanda Kalu Ganga Reservoir water filling commences
July 23, 2018 (LBO) – Sri Lanka marked the completion of the Mahaweli Multipurpose Project after the water filling of the Moragahakanda Kalu Ganga Reservoir commenced today under the patronage of President Maithripala Sirisena. Mahaweli Multipurpose Project initially inaugurated at Polgolla in the Central Province by the then Prime Minister Sirimavo Bandaranaike on 08 January […]
Increased rice yield to support Sri Lanka’s agricultural rebound: OBG
June 08, 2018 (LBO) – Following a series of climate-impacted yields, Sri Lanka’s agricultural sector is forecast to rebound in 2018, with stronger rice production and the reintroduction of tariffs expected to reduce the country’s import bill and strengthen national earnings, Oxford Business Group said. Sri Lanka economic update – Oxford Business Group Rice production for […]
Knuckles lands not given to investors; Bring evidence if you have: Minister
Jun 08, 2018 (LBO) – Sri Lanka’s Minister of Public Enterprise and Kandy Development, Lakshman Kiriella denied allegations that he was involved in giving acres of land in the Knuckles reserve to several close associates. Speaking at a press conference Thursday the minister said that the allegations were baseless and that the government has taken no […]
HNB concludes Syndicated Term Loan for Sri Lanka’s first waste to energy plant
Hatton National Bank as the Lead Arranger of the Syndicated Loan together with People’s Bank, DFCC and Bank of Ceylon signed off Loan Agreements to finance the setting up of Western Power Company’s waste to energy plant, the first of its kind in Sri Lanka. A subsidiary of Aitken Spence PLC, Western Power Company has […]
Global black tea production to go up 2.2-pct annually over next decade: Report
May 28, 2018 (LBO) – World production of black tea is projected to rise annually by 2.2 percent over the next decade to reach 4.4 million tonnes in 2027, reflecting major output increases in China, Kenya and Sri Lanka. Releasing a new report about global tea consumption and production, Food and Agriculture Organization’s Intergovernmental Group (IGG) […]
Multi Finance PLC enables sustainable transactions with “Each One Plant One” campaign
With a proud heritage of over 4 decades in business, Multi Finance PLC has been a source of strength to businesses, and entrepreneurs in the urban rural and SME markets, playing a pivotal role in contributing to the growth of the Sri Lankan economy. Governed by the Central Bank and listed in the Colombo […]
Sri Lanka looks to Japan for assistance in waste management
Mar 15, 2018 (LBO) – President Maithripala Sirisena, making an observation tour of modern waste management centre in Japan said he would inquire about such projects in order to solve the garbage disposal problem in Sri Lanka. President Sirisena said that he would also inquire into the possibility of obtaining assistance from Japan for such projects. […]
Solar Alliance will create a greener, cleaner, healthy world: President
Mar 12, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena expressed confidence that the International Solar Alliance (ISA) would showcase the power of the countries involved to bring about solutions to create a greener, cleaner and a healthy environment for people of this world.Addressing the Founding Conference of the ISA Summit in New Delhi today […]
President, PM declared open Moragahakanda, biggest reservoir of Mahaweli
Jan 08, 2018 (LBO) – Sri Lanka’s President and Prime Minister on Monday declared open Moragahakanda, the last but biggest reservoir of the multipurpose Mahaweli Project. Moragahakanda will irrigate parched dry lands in faraway Vanni in the Northern Province on one side and Rajarata, Wayamba, Central and Eastern Provinces on the other. Today also marks […]
Sri Lanka to manage use of polythene, polystyrene
July 13, 2017 (LBO) – Sri Lanka’s government has decided to manage the use of polythene with the intention of minimizing its environmental impact from September this year. The cabinet has approved a proposal made by President Maithripala Sirisena, in his capacity as the Minister of Mahaweli Development and Environment, to implement short term, medium […]
‘s education ministry
July 10, 2017 (LBO) – Food and Agricultural Organization of the United Nations (FAO) with the Ministry of Education kicked off a project where schools develop their own garden for child nutrition and life skills. “School gardens can be used as a classroom by reconnecting children with the outdoors and the source of their food,” said Nina Brandstrup, […]
Sri Lanka launches hotline for garbage collection in Colombo
July 05, 2017 – Sri Lanka’s Provincial Councils and Local Government Ministry has launched a hotline for people to make complaints about garbage collection in the Colombo Municipal area. The ministry has set up a special unit called the “National Task Force for Management of Waste” which will be manned by the tri-forces and an […]