Sri Lanka a testament to world: US Asst Secy Nisha Biswal

Aug 25, 2015 (LBO) – The United States on Tuesday reaffirmed their support for Sri Lanka hailing the progress towards institutions of good governance, combating corruption and promoting reconciliation. Speaking at a special press briefing US Assistant Secretary of State for South and Central Asian Affairs Nisha Biswal told reporters Colombo that the country is […]

Asian markets volatile; China extends losses, ASPI drops 1 pct

Aug 25, 2015 (LBO) – Asian share markets temporarily bounced back before heading into the red with Chinese stocks diving, a day after their worst plunge since 2007. China’s benchmark Shanghai Composite was down 7.9 percent on Tuesday, after falling 8.5 percent on Monday. The sell-off was driven by fears that China’s slowing growth might […]

Aitken Spence Travels attracts nature and adventure tours from Spain

(Media Release) Intensive marketing of Sri Lanka as an ideal destination for nature and adventures tours by Aitken Spence Travels has attracted a leading specialized tour operator from Spain to send two tourist groups to Sri Lanka this month. The groups’ tours in Sri Lanka were handled by Aitken Spence Travels, Sri Lanka’s leading destination […]

Warner Bros. Consumer Products and Turner Team Up in Sri Lanka

Cartoon Network Enterprises to be Licensing Representatives for WBCP in the Region (Media Release) Warner Bros. Consumer Products (WBCP) and Turner Broadcasting System Asia Pacific, Inc. today announced their agreement under which Turner’s Cartoon Network Enterprises (CNE, licensing and merchandising division) is appointed as the consumer products licensing representative for WBCP in India, Bangladesh, Sri […]

Asian stocks volatile, China market drops 8.4 pct

Aug 24, 2015 (LBO) – Shares in the Asian markets continued to fall as a result of the volatility in the Chinese stocks, foreign media reports said. Chinese shares continued their sharp fall on Monday as the mainland benchmark index, the Shanghai Composite, fell sharply by 8.4 percent to 3,211.75 points. Beijing announced over the […]

US Ambassador to Sri Lanka and Maldives presents credentials to President

Aug 21, 2015 (LBO) – The new U.S. Ambassador to Sri Lanka and Maldives Atul Keshap presented his credentials today to President Maithripala Sirisena at a ceremony in Colombo.The ceremony marks the official beginning of Keshap’s tenure as the U.S. Ambassador to Sri Lanka, US Embassy of the United States of America in Colombo said.Ambassador […]

‘s Mark Zuckerberg tops list

Aug 21, 2015 (LBO) – Technology entrepreneurs dominate the list of the world’s 20 wealthiest individuals under the age of 35, as ranked by Wealth-X.Wealth-X is a global authority on wealth intelligence, providing strategy and compliance solutions to clients in the financial services. Check the full list:

Greece Prime Minister quits and calls general elections

Aug 21, 2015 (LBO) – Greek Prime Minister Alexis Tsipras has resigned last night putting the country in danger of political instability.General elections are expected to be held on 20 September 2015, as per media reports.“The public mandate we got on January 25 exhausted its limits and now the sovereign people must yet again have […]

UK Foreign Secretary congratulates Sri Lankan Prime Minister

Aug 19, 2015 (LBO) – The UK will remain a steadfast partner for Sri Lanka as it continues on the path towards delivering reconciliation and a lasting peace across the country, the UK Foreign Secretary Philip Hammond said. “On behalf of the British Government, I send my warmest congratulations to Ranil Wickremesinghe on the occasion […]

India Orders More Tests on Maggi as court lifts ban

Aug 14, 2015 (LBO) – India has ordered further tests on Maggi, a popular noodle brand before the product can go back on sale following a court overturning a government ban on the product, Thursday, foreign media reported.“We have examined the evidence in great detail.Since the petitioner Nestle has already agreed not to make and […]

Page 275 of 719