Category: Other
Angus Deaton wins Nobel prize for consumption, welfare economics
Oct 13, 2015 (LBO) – The prize in economic sciences in memory of Alfred Nobel for 2015 has been awarded to Angus Deaton of Princeton University for his analysis of consumption, poverty, and welfare. Angus Deaton enhanced the understanding in design of economic policy that promotes welfare and reduces poverty, the royal Swedish Academy of […]
Gold prices hit seven week high with USD at near 3-week low
Oct 12, 2015 (LBO) – Gold prices rose to a seven-week high on Monday with expectations that the Federal Reserve will postpone an expected U.S. interest rate hike, foreign media reports said. Spot gold was last at 1,165.8/1,166.2 US dollars per ounce, up 10.1 US dollars on Friday’s close.Trade has ranged from 1,155 to 1,166.8 US […]
Dev Day 2015 Aims to Accelerate Software Professionalism
Dev Day is an international software conference bearing the theme “Accelerating Sri Lankan Software Professionalism.”As the theme implies, the rationale behind making this conference a reality is exposing Sri Lankan software professionals to the thought leaders of global software engineering industry. Why Dev Day? In specific terms, there are four major reasons to organize such […]
Global economy going through period of change: IMF
Oct 12, 2015 (LBO) – The global economy is going through a period of change, the International Monetary Fund’s Managing Director Christine Lagarde said during Annual Meetings of the World Bank and the IMF in Peru over the weekend.“Uncertainty over the global economy is on the minds of policymakers in all countries, including here in […]
CHE DAY 2015 in Jaffna
CHE DAY 2015 in Jaffna – 08.10.2015
ESET appoints Kumar Sangakkara as Brand Ambassador in Sri Lanka
ESET, a global leader in IT security, recognized as a pioneer of proactive protection against cyber threats and secure content management, recently appointed Sri Lanka’s favourite cricketer and former captain of the Sri Lankan national team, Kumar Sangakkara, as their Brand Ambassador in Sri Lanka. Considered a gentleman cricketer for his unique style of cricket, […]
Uni of Kelaniya organizes Inter University Best Speaker Contest
BEST SPEAKER 2015: TRANSCENDING BOUNDARIES OF COMMUNICATION For most people, public speaking is a daunting task. But for undergraduates, it is very important to be able to speak in front of people, deliver oral presentations, and be confident at interviews & business meetings. The University of Kelaniya Gavel Club, is a pioneer in training undergraduates […]
China launches international payment system
Oct 08, 2015 (LBO) – China’s central bank on Thursday launched the first phase of the China International Payment System in a bid to open their currency to the rest of the world.With the new system businesses will facilitate cross boarder yuan transactions while increasing the efficiency and its global usage, China Central Bank said.New […]
LBR LBO infrastructure summit announced to media
Oct 08, 2015 (LBO) – There is an urgent need to move forward with intelligent urban design and development if Sri Lanka aspires to make Colombo a regional hub.This was the call of the organizers of LBR LBO’s infrastructure summit “Making Colombo a Globally Competitive City,” which will be held on November 3rd and 4th […]
Sri Lanka tea prices hit lowest levels since March 2012
Oct 08, 2015 (LBO) – Sri Lankan tea prices have come down to it’s lowest levels since March 2012 with low grown varieties the worst affected, latest data shows.The Colombo tea auction monthly average price for September 2015 was down 71.33 rupees to 368.18 rupees a kilo from 439.51 rupees in 2014, Forbes and Walker […]
MTD Walkers unveils their new identity ‘Walkers CML’
Integrated infrastructure and engineering solutions provider, MTD Walkers PLC unveiled their new brand identity ‘Walkers CML’ in line with its 162nd anniversary celebration.Since 1854, the brand Walkers has been synonymous with innovation and excellence in Sri Lanka, extending its expertise in sectors such as civil, marine, mechanical, electrical engineering work, pile construction, power generation, manufacture […]
Prime Minister Ranil Wickremesinghe meets Emperor of Japan
Prime Minister Ranil Wickremesinghe and his wife called upon the Emperor of Japan Akihito and Empress Michiko at the Imperial palace in Tokyo today morning.