US Internal Revenue Service hacked; 100,000 taxpayers data breached

May 27, 2015 (LBO) –The United States Internal Revenue Service announced Tuesday that it will be notifying taxpayers after third parties gained unauthorized access to information on about 100,000 accounts through an online application called “Get Transcript”.This data included Social Security information, date of birth and street address, the IRS said in a statement.“These third […]

”’Or, top honor of Cannes Film Festival 2015

May 25, 2015 (LBO) – Jacques Audiard’s immigrant drama “Dheepan” has won the Palme d’Or, the top honor of the Cannes Film Festival, foreign media reported. “Dheepan” is about a trio of Sri Lankans who pretend to be a family in order to flee from Sri Lanka for a housing project in France. The runner-up […]

‘s accusations ; Ready for TV debate

May 24, 2015 (LBO) – Sri Lanka’s former Central Bank Governor Ajith Nivard Cabraal said that the recent accusations aganist him were made to shift the country’s attention away from the current Treasury bond scam which took place under “Yahapalanaya” rule and challenged a television debate. “My attention is drawn to several recent accusations and […]

Foreign Affairs Minister Mangala Samaraweera in Germany

PIC 01: Friedrich Naummann Stiftung PIC 02: Meeting Members of the Bundestag Committe on Economic Development PIC 03: Observing Chancellor Merkel’s Speech at the Bundestag PIC 04: Parliamentary State Secretary for Economic Cooperation and Development PIC 05: Vice President of the German Bundestag PIC 06: Welcomed by Board Member of Feriedrich Naummann Stiftung  

Udaya reviews progress of the CID investigations

Udaya Gammanpila on Wednesday (20) reviewed the progress of the investigation being carried out into an alleged attempt by former president Mahinda Rajapaksa to stage a coup to try to stay in power.

Economic growth in Asia Pacific up slightly to 5.9-pct in 2015: ESCAP

  May 19, 2015 (LBO) – Economic growth in Asia and the Pacific is expected to increase only slightly to 5.9 percent in 2015 from 5.8 percent in 2014, a recent report revealed. “Economic growth in Asia Pacific continues to fare well in the global context,” the Economic and Social Survey of Asia and the Pacific […]

The Lord Mayor of the City of London Visits CSE

May 18, 2015 (LBO) – The Lord Mayor of the City of London visited the Colombo Stock Exchange (CSE) and took part in the Market Opening Ceremony. Yarrow also held discussions on the investment prospects of the Sri Lankan Capital Market and the potential for the growth of foreign direct investment under the new government. The […]

China, India sign 24 agreements and MOUs

May 18, 2015 (LBO) – China and India signed 24 agreements and MOUs aimed at boosting cooperation in areas including railways, aerospace, mineral exploitation, marine science and vocational education, foreign media reported.The agreements were signed during the recently concluded Indian Prime Minister Narendra Modi’s visit to China.“The two neighbors agreed to strengthen cooperation in marine […]

The “Jawana Shakthi Yaathra” marathon

The “Jawana Shakthi Yaathra” marathon was held on Saturday under the patronage of President Maithripala Sirisena.It was held under the theme “A country for tomorrow” to coincide with the National Energy Conservation Programme initiated by Minister Patali Champika Ranawaka.

Sri Lanka legalizes 19A

May 16, 2015 (LBO) – Sri Lanka’s Speaker Chamal Rajapaksa signed and legalized the 19th Amendment to the Constitution, passed in Parliament on April 28.The Speaker signed the blueprint of the constitutional amendment on Friday, a state media report said.The legislation dilutes many powers of executive Presidency in force since 1978, will come into force […]

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