Category: Other
Harim Peiris appointed as advisor to Foreign Minister
Harim Peiris received his official letter of appointment as Advisor to the Minister of Foreign Affairs on 15 June 2016 from Minister Mangala Samaraweera. Peiris is also Sri Lanka’s Point of Contact for the Open Government Partnership (OGP). Ministry of Foreign Affairs Colombo
Megapolis Plan to be institutionalized through Parliament: Mawilmada
June 16, 2016 (LBO) – The proposed Western Region Megapolis Plan will be institutionalized through an act of Parliament, in order to make sure it remains intact as a stable ‘national policy’ said Nayana Mawilmada, Head of Investment of the 40 billion dollar Megapolis project. Mawilmada revealed this, when he addressed the Main Committee of […]
US Fed leaves rates steady on slower labor market
June 16, 2016 (LBO) – The US Federal Reserve left its benchmark target for the federal funds rate steady at 0.25 to 0.50 percent, supporting further improvement in labor market conditions and a return to 2 percent inflation target. The Fed, the central bank of the United States, said the pace of improvement in the […]
Harsha de Silva delivers inaugural address at Gateway House
Dr. Harsha de Silva, Deputy Minister of Foreign Affairs of Sri Lanka visited Mumbai, to deliver the inaugural address at the Gateway of India Dialogue on 13 June 2016. The event were organised by the Gateway House; the only foreign policy think tank in Mumbai and the Ministry of External Affairs, India. In his address, […]
Somawansa passes away; Anura K issues condolence message
Former leader of the JVP Somawansa Amarasinghe (73) has passed away and the JVP politburo has issued a special condolence message. The leader of the JVP Anura Kumara Dissanayake said the former leader will remain in their hearts as a leader who fearlessly faced the struggle especially during the period of 1970’s and 80’s. Dissanayake […]
Huawei Y3II and Y5II to revolutionize entry range smartphone market in Sri Lanka
Reaches 23.3% Sri Lankan smartphone market share in Q1 2016 – GFK Reports Huawei, the fastest growing smartphone in Sri Lanka, announced the launch of two new entry level smartphones in Sri Lanka Y3II and Y5II from the Y Generation family of smartphones. The Y5II both 3G and 4G version is available from LKR 14,199 […]
100 day countdown to the international day of peace
Every year on the International Day of Peace, the United Nations calls on the peoples of the world to remember their common humanity and join together to build a future free of strife. It calls on all of us to observe a day of global ceasefire and non-violence, and to honour a cessation of hostilities […]
Foreign Minister commits to strengthening relations with Czech Republic
Foreign Minister Mangala Samaraweera on a visit to the Czech Republic from 9-11 June, at the invitation of the Minister of Foreign Affairs of the Czech Republic, Lubomir Zaoralek, reaffirmed Sri Lanka’s commitment to strengthen relations between the two countries. Discussions with Foreign Affairs Minister Zaoralek included reviewing ongoing bilateral cooperation and identifying new areas […]
British High Commissioner discusses constitutional change with Wigneswaran
British High Commissioner to Sri Lanka H.E James Dauris visited the North and East last week. He heard about progress and challenges facing communities in these areas. He met a range of politicians, government officials, religious leaders, civil society organisations, business leaders, resettled communities and journalists. During his visit to the East he met with […]
Russia cuts base rates by 50bps for first time in 12 months
June 13, 2016 (LBO) – Russia’s central bank has decided to cut the base rate by 50 basis points to 10.50 percent, the first rate cut since July last year, taking into account the positive trends in inflation. Releasing a statement, the Board of Directors of Bank of Russia noted the positive trends of more […]
Turkey Foreign Minister to visit Sri Lanka tomorrow
Foreign Affairs Minister of the Republic of Turkey will pay an official visit to Sri Lanka between 14th and 15th June 2016. The Minister will be received by President Maithripala Sirisena, Prime Minister Ranil Wickremasinghe and the Speaker of Parliament Karu Jayasuriya. He will also hold bilateral talks with the Foreign Minister Mangala Samaraweera and […]
‘s senior debt BBB+(lka)(EXP)
Fitch Ratings has assigned Senkadagala Finance PLC’s (SFC: BBB+(lka)/Stable) proposed issue of senior unsecured redeemable debentures of up to LKR2bn an expected National Long-Term rating of ‘BBB+(lka)(EXP)’. The debentures will have tenors of two to four years and carry fixed and floating coupons. The debentures are to be listed on the Colombo Stock Exchange and […]