Category: Other
Full Supreme Court decision against Parliament dissolution published
Dec 14, 2018 (LBO) – Sri Lanka’s Supreme Court in a historic judgment on Thursday ruled that the President’s decision to dissolve Parliament was unconstitutional and declared the dissolution null and void.Delivering a unanimous judgment, head of the seven-member bench Chief Justice Nalin Perera said the President’s decision to dissolve Parliament has violated 12 (1) […]
‘s decision to dissolve Parliament unconstitutional
Dec 13, 2018 (LBO) – Sri Lanka’s Supreme Court in a historic judgment on Thursday ruled that the President’s decision to dissolve Parliament was unconstitutional and declared the dissolution null and void. Delivering a unanimous judgment, head of the seven-member bench Chief Justice Nalin Perera said the President’s decision to dissolve Parliament has violated 12 (1) […]
Gihan Cooray appointed Chairman of Nations Trust Bank
Dec 13, 2018 (LBO) – Nations Trust Bank PLC has announced the appointment of Gihan Cooray as Chairman of the Board of Directors, with effect from December 1st 2018. Cooray takes over as Chairman following the retirement of Krishan Balendra who stepped down after having served the stipulated maximum 9 year tenure as a Director […]
Korean Depository to collaborate with Lankan counterpart CDS
Central Depository Systems (Pvt) Ltd (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), signed a MoU with Korea Securities Depository (KSD) on the sidelines of the 22nd Annual General Meeting of the Asia‐Pacific Central Securities Depository Group (ACG) hosted in Colombo. The MoU aims to strengthen the relationship between the depositories and […]
Sri Lanka pledges USD 15,000 to UNHCR in response to 2019 Global Appeal
Dec 13, 2018 (LBO) – Sri Lanka has pledged a contribution of 15,000 US dollars to the UNHCR’s 2019 programmes in earnest expectation that the UN Refugee Agency would be ‘empowered’ to deliver more strengthened assistance and protection as part of its mandate.At the 2019 Global Appeal of the United Nations High Commissioner for Refugees (UNHCR) […]
Is Sri Lanka’s health system ready to respond to the population shift?
Dec 12, 2018 (LBO) – Today marks International Universal Health Coverage (UHC) Day. To achieve the vision of Universal Health Coverage by 2030, all Sri Lankans should have access to the health care that they need without being pushed into poverty or giving up other life necessities. Sri Lanka must adopt a lifecycle approach to healthcare […]
Norway partners with UNDP Sri Lanka to support peace & justice
Dec 10, 2018 (LBO) – Norwegian government has entered into a partnership agreement with the UNDP Sri Lanka to extend support to UNDP Sri Lanka’s flagship portfolio on SDG (Sustainable Development Goals) 16: Peace, Justice and Strong Institutions project for the period December 2018 to December 2020. The Ambassador of Norway to Sri Lanka Thorbjørn […]
MV ONE Columba makes maiden call at Colombo Port
Ocean Network Express (ONE)’s newest vessel MV ONE Columba called the Port of Colombo on her maiden voyage on the 7th of December 2018. The arrival of the vessel marked the first ever ONE branded vessel to call the port of Colombo. With its magenta colored hull and loaded fully with ONE’s magenta colored containers, […]
STAX Head of Research reaches the finals of Bracken Bower Prize
(PRESS RELEASE) – STAX has long been known to attract top talent from some of the world’s most prestigious universities and corporates. Its Head of Research Piyumi Kapugeekiyana is a testament to this. Piyumi was recently selected as one of three finalists across the world for the prestigious and coveted Bracken Bower Prize. The Bracken Bower […]
Softlogic Life completes victorious 2018 by becoming Sri Lanka’s most awarded life insurer
(PRESS RELEASE) – Ending the year on a winning spirit, Sri Lanka’s number one health insurer, Softlogic Life, has become the country’s most awarded life insurance company in 2018. Softlogic Life rewrote the history books recently after it was conferred with eight prestigious accolades at three of the most prominent industry awards ceremonies in Sri […]
Sri Lanka signs agreement with FAO & China to strengthen fruit value chain
Dec 07, 2018 (LBO) – The signing ceremony of the FAO-China South-South Cooperation Tripartite Agreement between the Food and Agriculture Organization of the United Nations (FAO), China, and Sri Lanka took place at FAO headquarters on 6 December 2018. Food and Agriculture Organization said the aim of this South-South Cooperation project is to help Sri Lanka […]
Commercial Bank provides Internet Payment Gateway to Daraz
The Commercial Bank of Ceylon has been appointed the Internet Payment Gateway (IPG) service provider to ‘Daraz,’ South Asia’s premier online shopping market, to enable seamless online transactions for its large base of shoppers. The online payment processing of Daraz will be facilitated by Commercial Bank through Mastercard Payment Gateway Services (MPGS) and will provide […]