Emission cut pledges at COP 21, Beijing issues smog red alert

Nov 08, 2015 (LBO) – Just 10 nations are sitting on the sidelines of the Paris climate talks with talks entering their second week after 185 countries made pledges to reduce emission of greenhouse gases.So far the pledges, termed Intended Nationally Determined Contributions, are estimated to limit the temperature increase to 2.7 degrees Celsius. Although […]

SriLankan Airlines resumes operations to Chennai

Dec 07, 2015 (LBO) – Subsequent to the scheduled opening of the Chennai International Airport, SriLankan is to resume operations with the flights UL 127 and UL 128 tomorrow, the airline said. SriLankan has deployed an Airbus A330 aircraft for the flight UL 127 which will leave Colombo at 1345 hours to reach Chennai at […]

Litro Gas shows 30 pct growth, completes terminal at Hambantota

Press Release: The national LPG (liquid petroleum gas) company has exhibited a significant sales growth of above 30pct in the domestic market during the first 10 months of this year. This complements with the imposed price reductions by the government. The recent decision taken by the government to reduce the price of 12.5Kg domestic LP […]

Chamber wins GOLD at ICASL Annual Report Awards

The Ceylon Chamber of Commerce won the ‘GOLD’ award for Overall Excellence in Annual Financial Reporting under the Not-For-Profit organizations category at the grand finale of the 51st Annual Report Awards Competition, organized by the Institute of Chartered Accountants of Sri Lanka. This is the 5th time, the Ceylon Chamber has won a Gold for […]

Beware of fake LinkedIn profiles: Symantec

Dec 07, 2015 (LBO) – Global security software giant Symantec calls the users of LinkedIn to be skeptical when using the service as incidents involving fake LinkedIn accounts are on the rise.Boasting over 400 million users, the Business-oriented social networking service, is a prime target for scammers looking to connect with professionals in a variety […]

” mistakes in logistics, transport: CILT

Dec 07, 2015 (LBO) – Sri Lanka’s budget proposals for 2016 repeat many of the mistakes in previous budgets in the areas of logistics and transportation, the Chartered Institute of Logistics and Transportation says in its budget analysis. The institute said the “over-zealous” attitude to improve the road network is likely to continue with projects […]

Govt planning to list catering unit of SriLankan Airlines

Nov 07, 2015 (LBO) – Sri Lanka’s government is planning to list a minority stake of 30 percent to 49 percent of Sri Lankan Catering, a fully owned subsidiary of state owned SriLankan Airlines, a media report said. This will be through a competitive, open bidding process, the report said quoting sources. The company, the […]

Two individuals arrested over misuse of funds at SEC: Police

Nov 04, 2015 (LBO) – Sri Lanka’s Criminal Investigations Division has arrested two individuals, including a Securities and Exchange Commission (SEC) official, over the misuse of funds in 2013, the Police Spokesman said.The investigation is into financial irregularities of 5 million rupees from 2013 involving the Tharunyata Hetak Fund.In May, the CID questioned several officials […]

Don’t risk national security due to antipathy towards me: MR

(Text of the speech made by former President Mahinda Rajapaksa in Parliament on Friday 4 December 2015.) Hon. Speaker, In 2009, we militarily defeated the LTTE which had been officially named by the US Federal Bureau of investigation as the deadliest terrorist organisation in the world. Though we had defeated the military machine of the […]

Persons connected to gambling can’t compete for SLC elections: Arjuna

As per new regulations effective from 15 January 2013, persons connected directly or indirectly to gambling cannot compete for Sri Lanka Cricket elections, Ports and Shipping Minister Arjuna Ranatunga told reporters Friday.He was speaking after handing over nomination papers to contest for the post of Vice President at the upcoming elections of the Sri Lanka […]

Reception on board Pakistan Naval Ship Shamsheer in Colombo

A colorful reception was arranged last evening on board visiting Pakistan Navy ship SHAMSHEER which is in Sri Lanka on a 4 day visit reflective of strong multifaceted relationship and engagement between the two friendly countries. The reception was attended by large gathering of guests which included Sri Lankan Ministers, Diplomats, Senior Officers of Armed […]

Sri Lanka elected to Budget Committee Chair of Permanent Court of Arbitration

Sri Lanka was unanimously elected as the Chair of the Budget Committee of the Permanent Court of Arbitration (PCA) at the 192nd Administrative Council Meeting held at the Peace Palace in the Hague yesterday, 1st December 2015. The Ambassador of Sri Lanka to the Netherlands, Adam M.J. Sadiq was proposed for this post by Dr. […]

Page 257 of 719