Category: Other
Two foreigners killed in Bangladesh worries business community
Oct 15, 2015 (LBO) – Two foreigners killed in Bangladesh has caught the attention of the international community with foreign business executives reconsidering their visits to Bangladesh. Italian aid worker Cesare Tavella and Japanese farmer Kunio Hoshi were both shot dead in similar style attacks a few days apart. Previously, attacks on foreigners were rare […]
Brandix to build community leadership in water management
Oct 14, 2015 (LBO) – A new initiative to support young women holding office in community-based organisations responsible for water management and water security has been launched by the Brandix Group, as an extension of its ‘Jalavahini’ programme focussed on women community leaders.Aptly titled ‘Junior Jalavahini,’ this second phase of the programme is intended to […]
India steps up to replace China as growth engine
Oct 14, 2015 (LBO) – India stands out in economic growth terms, especially in Asia, this year and is stepping up to the plate to replace China as the world’s growth engine, analysts say. Indian industrial production surged to a three-year high of 6.4 percent in August, when countries such as Thailand, Brazil, Japan, South […]
World Bank says youth unemployment needs urgent global action
Oct 14, 2015 (LBO) – World Bank says reversing the youth employment crisis is a pressing global priority and the socio-economic cost of inaction is high. “Young people account for 40 percent of the world’s population – the largest youth generation in human history – but they are disproportionately affected by unemployment. This is a […]
”
The Ceylon Chamber of Commerce, the 176 year old premier business chamber of the country has appointed Mr. Anushka Wijesinha as its new ‘Chief Economist,’ to spearhead the institution’s ‘Economic Intelligence Unit’. Wijesinha, an economist with a track record of research published in national and international publications, worked at the Institute of Policy Studies as […]
Asian Paints breaks new ground in Sri Lanka with Masterstrokes
Oct 13, 2015 (LBO) – A unique multi-dimensional loyalty programme that will contribute significantly to the empowerment of local painting technicians has been launched in Sri Lanka by Asian Paints, the multinational coatings giant that operates in 18 countries. More than 1,100 professional building painters from the Western and Southern Provinces of the country were registered and enrolled into […]
US underwater demining assistance improves safety
The U.S. Navy recently concluded a two-week training session in Trincomalee to equip and support Sri Lanka’s underwater demining efforts.Working with scan sonars and robots donated by the U.S. Navy, the Sri Lankan Navy enhanced its ability to search, locate, and provide information on any unknown items underwater, including unexploded ordnance from the conflict in […]
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