Category: Other
Union Assurance hosts virtual gala for annual awards
Union Assurance takes digital disruption to the next level as it felicitated top achievers of the Agency and Bancassurance sales force at a glittering Virtual Gala on 18th December 2020. The event was viewed by over 5000 participants and attended by a distinguished leadership including the John Keells Chairman, Krishan Balendra and President, John Keells Group, […]
Repatriation process “People Centric and Transparent” For Min sets record straight
The Foreign Ministry will continue facilitating repatriations without any financial burden on Sri Lankans, the Foreign Secretary asserted responding to misinformation in the public domain. Secretary Jayanath Colombage made it clear that the role of the Missions is strictly confined to organizing repatriation flights for returnees who are tested on arrival, offered all logistical support […]
President appoints 18-member De-Regulation Commission to simplify existing laws
President Gotabaya Rajapaksa has appointed a 18-member De-Regulation Commission for the Simplification of the Existing Laws and Regulations in the interest of the people. The Commission is co-chaired by former Secretary to the President and Principal Advisor to the President Lalith Weeratunga and Chairman of John Keells Group Krishan Balendra. Other members of the Commission […]
“India will always be a dependable partner and reliable friend to Sri Lanka” says EAM Dr. S. Jaishankar
Visiting Minister of External Affairs of India Dr. S.Jaishankar held bilateral talks with Foreign Minister Dinesh Gunawardena yesterday and discussed multiple areas of bilateral cooperation was taken up, including economic, financial, trade and investment cooperation, cultural exchanges, defence and security, development cooperation as well as Covid 19 pandemic response. Both sides agreed to continue the […]
Global economy to expand by 4-pct in 2021: World Bank
Jan 06, 2021 (LBO) – The global economy is expected to expand 4% in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. A recovery, however, will likely be subdued, unless policy makers move decisively to tame the pandemic and implement investment-enhancing reforms, the World Bank says in its January 2021 Global […]
Tribute: Ladies College girl Viola Welikala (1920-2021)
January 5, 2021 (LBO) – 100 years is a time period of significance. In the last century people have seen world war, slavery, colonialism, apartheid, nuclear bombs invented and used, the emergence of technology, mobile phones, the internet, and most recently a global pandemic that shuttered the world and will soon have claimed the lives […]
Utilizing recyclable PET plastic waste: Towards a circular economy
By Dr. Anush Amarasinghe “Reduce, reuse, and recycle”- a household phrase you’ve probably heard over and over again either through school, from awareness campaigns or even on TV. This commonly used phrase is one expected to enthusiastically and optimistically drive the mind-sets of those listening, to essentially do the right thing and help efforts to […]
68,000 Sri Lankans awaiting return: Foreign Secretary
Despite the worsening global situation triggered by the Covid pandemic, the process of repatriation of Sri Lankans, one of the most pressing challenges at hand has been judiciously spear headed by the Foreign Ministry under the directive of Minister Dinesh Gunawardana, enduring insurmountable challenges overseas amid lockdowns, isolations, curfews and closure of air space, to ensure swift return of Sri Lankans who are in distress. Since the evacuation of 33 students from Wuhan City, in February 2019, the Ministry has been carrying out the task of repatriation for almost a year now and […]
Sri Lanka to launch e-Land Registration programme by August
Jun 30, 2020 (LBO) – Sri Lanka’s e-Land Registration programme is expected to launch by August this year with the support of the Information & Communication Technology Agency (ICTA), President’s Media Division said. Under this programme, an e-Passbook will be issued for the lands registered under the e-Land Registration system. With the new registration programme, […]
We are pleased to contribute towards MCC review committee: Bar Association of Sri Lanka
Jun 29, 2020 (LBO) – Bar Association of Sri Lanka (BASL) says that they are pleased to have contributed towards the final conclusions of the committee appointed to review the MCC. “We are pleased to note that a number of concerns highlighted in our observations have been recognized by the Special Committee,” the BASL said […]
‘s Bank set to boost SMEs with Rs. 15bn allocation for loans at 6-pct
In line with the Government’s development programme and with the aim of uplifting the small and medium businesses adversely affected by the COVID-19 pandemic, People’s Bank has introduced a special loan scheme with an interest rate of just 6%. The Bank has allocated Rs. 15 billion for this purpose. The unexpected impact of the COVID-19 […]
Enactment of Microfinance & Credit Regulatory Authority law vital: CBSL
Jun 26, 2020 (LBO) – Central Bank reiterates the requirement for the enactment of a legal framework to regulate unregulated moneylending activities so that a better and more effective regulatory environment is crated for money lending institutions in the future. Releasing a statement, the bank said the need for the enactment of the proposed Microfinance […]