Category: Other
National Conference on the restructuring of the media
National Conference on the restructuring of the media in the country was held last Thursday (14) at the Sri Lanka Foundation Institute.
Golden Key Depositors to withdraw all complaints: Central Bank to bare costs (In Pics)
May 13, 2015 (LBO) – Sri Lanka’s golden key depositors were asked to withdraw all cases to be taken up by the Supreme court on 18 May 2015 following a assurance of 40 percent pay back by the Central Bank. “We are here to facilitate and to ensure that they (depositors) are provided the relief […]
Sri Lanka’s 20A to support minority political parties: Minister
May 12, 2015 (LBO) – Sri Lanka’s proposed 20 amendment to the constitution is a step in the right direction for the country and does not discriminate minority political parties, a Minister said. “This first-past-the-post (FPP) system is not unfair towards any minority parties in the country. It has been analyzed since 1977 no short […]
Sri Lanka’s Finance Minister to sue former President
May 11, 2015 (LBO) – Sri Lanka’s finance minister Ravi Karunanayake said today that he will sue the former President for defamation charge of two billion rupees.The legal action of defamation follows the Rajapakse’s statement to media saying that the Finance Minister Karunanayake had instructed Lankaputhra Bank which is fully owned by the government to […]
Stop deforestation and land allocation around Wilpattu national park: President
May 11, 2015 (LBO) – Sri Lanka’s President Maithripala Sirisena has issued a special decree prohibiting allocation of lands and clearing the surrounding areas of the Wilpattu national park, a statement said. The decree comes into force with immediate effect and are applicable to the districts of Mannar and Vavuniya. The statement says that the […]
FM Mangala receives bone relics from Myanmar for Vesak viewing at the airport
Foreign minister Mangala Samaraweera recieved bone relics of the Buddha late last night at the airport.The relics which will remain in Sri Lanka over the Vesak period are housed in the Mandalay Museum in Myanmar. This is the second time in history that the relics have been exposited abroad and are thus a rare opportunity […]
US trade gap hits six year high as imports surge
May 06, 2015 (LBO) – The United States trade deficit has widened by 43.2 per cent in March 2015 against the previous month, country’s Census Bureau announced Tuesday. The trade deficit was 51.4 billion US dollars in March, up 15.5 billion US dollars from 35.9 billion US dollars in February 2015. “This is the largest […]
US State Secretary John Kerry to arrive Sri Lanka on May 02
Apr 28, 2015 (LBO) – U.S. Secretary of State John Kerry will undertake an official visit to Sri Lanka from May 2-3, 2015, U.S. State Department said in a statement.The press statement issued by the U.S. State Department in this regard is appended below: SECRETARY KERRY TRAVEL TO COLOMBO, NAIROBI AND DJIBOUTI Press Statement Marie […]
South Asian market should integrate to tap global growth: SEC Chief
Apr 27, 2015 (LBO) – South Asian regional markets need to interact with each other in order to tap in to global economic growth, Chief of the Securities Exchange Commission said. “There is a systematic surge in the region towards a greater degree of economic integration in the real sector through bilateral and multilateral trade […]
” rescue mission begins
Apr 26, 2015 (LBO) – India has begun its efforts to rescue people trapped in Nepal where a massive earthquake of 7.9 magnitude left over 1,900 people died. It is also reported that tremors measuring 5.5 on Richter Scale has hit Nepal again on Sunday morning though no loss of life or destruction has so […]
Sri Lanka up 5 notches in World Happiness Report 2015
Apr 24, 2015 (LBO) – Sri Lanka’s happiness has climbed five places to rank at 132 position bagging 4.271 points in the latest World Happiness Report published on Thursday. The country was ranked 137th in the second edition of the report published in 2013. Switzerland topped the ranking while Iceland bagged the second place in […]