‘s post-war reconciliation efforts

July 12 (Reuters) – The United States on Tuesday praised Sri Lanka‘s steps taken under a U.N. resolution to address alleged human rights abuses in the final phase of a 26-year war with Tamil Tiger rebels, and said it would do what it could to see through the process. Washington along with other Western nations […]

HSBC partners with GoSL for first dual-tranche sovereign bond issuance

The Central Bank of Sri Lanka (CBSL), on behalf of the Democratic Socialist Republic of Sri Lanka, successfully launched and raised USD1.5 billion in a dual-tranche 5 and 10 year bond. The size of the new 5.5 year bond was USD500 million with a coupon of 5.75% p.a. maturing in 2022. The size of the […]

Trainings to be conducted by CSE on Mobile Trading

The Colombo Stock Exchange (CSE) will be conducting a range of training programmes around the country to educate investors on the use of mobile trading applications. The series of educational events, which will be conducted free-of-charge, will demonstrate how investors could obtain the full benefits of mobile trading. Trainings in Sinhala, Tamil and English mediums […]

US envoy to assess Sri Lanka’s commitments for Human Rights

Assistant Secretary of State for Democracy, Human Rights, and Labor Tom Malinowski will visit Sri Lanka and Cambodia from July 12 to 20, where he will engage with government officials and local civil society representatives. In Sri Lanka, Assistant Secretary Malinowski will focus on Sri Lanka’s continued progress in meeting the commitments made during last […]

US Assistant Secretary Biswal to arrive in Sri Lanka for reconciliation talks

Assistant Secretary of State for South and Central Asian Affairs Nisha Desai Biswal will travel to Sri Lanka this week. Deputy Assistant Secretary for South Asia Manpreet Singh Anand will accompany her. She will travel to Colombo where she will meet with senior government officials, political leaders, and civil society representatives to discuss bilateral economic […]

‘s claims to South China Sea to be tested in ruling

July 11, 2016 (LBO) – An international tribunal will rule on China’s territorial claims in the disputed South China Sea on Tuesday, in an arbitration initiated by Philippines. China has not participated in the arbitration and will likely reject the ruling closely watched for its ramifications for South East Asia. “An award from the tribunal […]

Will not allow any interference of foreign judges & courts: President

President Maithripala Sirisena emphasizes he will not allow any foreign court, judge or organization interfere into the internal administration and judiciary in the country in future too. “Though whatever views are expressed in various places regarding bringing of foreign judges and establishing of foreign military courts to take actions against the so called human rights […]

Chinese FM appreciates President for resumption of Port City work

President Maithripala Sirisena, expressing his gratitude for the efforts of the Chinese government to fight the CKDu in Sri Lanka by establishing a special hospital for Kidney patients said “Such goodwill measures will bring our two countries closer together”. He stated this when Chinese Foreign Minister Wang Yi called on him at his residence yesterday […]

Sri Lanka’s BOI and EDB explores areas for co-operation

A meeting was held recently between the Board of Investment of Sri Lanka and the Export Development Board, to explore areas of co-operation between the two key economic agencies and work closer towards achieving the nation’s economic goals. Both institutions now come under the Ministry of Development strategies and International Trade headed by Minister Hon. […]

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