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 […]

International Youth Day 2015 Celebrations in Colombo

State Ministry of Youth Affairs and the United Nations jointly organise event to mark IYD 2015 (UN Press Release) – Colombo, 12th August, 2015 – The International Youth Day, which falls annually on the 12th August 2015, was marked by an event conducted by the United Nations (UN) in Sri Lanka in collaboration with the […]

Cinnamon and John Keells Foundation join hands with University Of Colombo

Cinnamon Hotels & Resorts together with John Keells Foundation announced their partnership with the University Of Colombo (UOC) and the Faculty of Management and Finance for the successful implementation of a Bachelor of Business Administration (BBA) degree in Hospitality and Leisure Management at the university. This is a landmark arrangement as it is the first […]

Nestle to be sued for nearly USD100mn by India for unfair trade practices

Aug 13, 2015 (LBO) – India’s government Wednesday said that it has filed a suit with the country’s top consumer court, National Consumer Disputes Redressal Commission, for 6,400 million rupees (.6m) in damages from the Indian arm of the Swiss food giant Nestle.The complaint was filed under “unfair trade practices,” foreign media reported.The country banned […]

Asian stocks rise, Yuan lower for third consecutive day

Aug 13, 2015 (LBO) – Asian shares extended early gains on Thursday following a recovery on Wall Street and efforts by China’s central bank to slow the sharp descent of the yuan, foreign media reports said. The Shanghai Composite rose by 0.8 percent to 3,916.68 points in early trading, Thursday on hopes the lower yuan […]

Dialog Ideamart Partners with UNDP Sri Lanka to Pioneer Techno-Social Innovation

Sri Lanka’s first social innovation hackathon (UNDP Media Release) – 11th August, UN Compound, Colombo. Country Director of the United Nations Development Programme [UNDP] in Sri Lanka, Mr. Joern Soerensen and Dialog Axiata PLC General Manager – Product Service Innovation, Mr.Venura Mendis signed a partnership agreement today to hold Sri Lanka’s first social innovation hackathon.Titled, […]

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