Enactment of Microfinance & Credit Regulatory Authority law vital: CBSL

Jun 26, 2020 (LBO) – Central Bank reiterates the requirement for the enactment of a legal framework to regulate unregulated moneylending activities so that a better and more effective regulatory environment is crated for money lending institutions in the future. Releasing a statement, the bank said the need for the enactment of the proposed Microfinance […]

Modalities to issue temporary travel documents to undocumented workers abroad agreed on

May 05, 2020 (LBO) – Modalities to issue temporary travel documents to undocumented workers abroad following proper authentication procedures has been agreed on by the Department of Immigration and Emigration. This follows consultations between the Ministry of Foreign Relations, Ministry of Skills Development, Employment and Labour Relations and Sri Lanka Bureau of Foreign Employment (SLBFE). […]

Rice mills declared an essential service

Apr 10, 2020 (LBO) – Since the provision of essential foods and rice production storage and distribution is imperative to ensure food security, services of the owners of all rice mills have been declared an essential service under the COVID – 19 quarantine process. Statement from President’s Media Division: Rice mills owners of the country […]

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 […]

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 […]

Proposals for a new constitution presented to President

Feb 14, 2020 (LBO) – A set of proposals containing facts that should be taking into account when formulating a new Constitution was presented to President Gotabaya Rajapaksa. The proposals on new Constitution compiled by the Yuthukama organisation under the theme ‘proposals to formulate a new Constitution for a strong state ‘  was presented to […]

‘t be used to attack entire Judiciary: BASL

Jan 17, 2020 (LBO) – Bar Association of Sri Lanka emphasizes that individual incidents cannot be permitted to be used to attack the entire judiciary as the judiciary is an extremely important institution for the protection of individual liberties and upholding the rule of law. Releasing a statement the association said that they have brought […]

BASL condemns recent references made to role of Judges & prosecutors

Dec 12, 2019 (LBO) – The Bar Association of Sri Lanka condemns recent statements made with reference to concluded cases, pending litigation, role of Judges, role of prosecutors and the right of representation relating to litigants who are parties to court. It is a basic tenet in our criminal justice system that every suspect or […]

Sri Lanka bans import of spices, minor export crops for re-export

Dec 06, 2019 (LBO) – Sri Lanka’s Finance Ministry has prohibited the importation of spices and minor export crops for the purpose of re-export or re-export after minor processing. The Finance Ministry said in a statement that this restriction has been imposed as a measure to protect small export crop growers and SMEs. Accordingly, the […]

Conservative manifesto contains distortion about Sri Lanka: SL Foreign Ministry

Dec 04, 2019 (LBO) – Sri Lanka’s Foreign Ministry says that they took immediate steps to make strong representation to the Co-Chair of the Conservative Party with regard to the distortion contained in the manifesto in its reference to Sri Lanka. As per the Foreign Ministry, this was conveyed through a letter by Sri Lanka’s […]

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