Category: Other
Kumar Sangakkara takes office as first non-British President at Lords
October 1, 2019 (LBO) – Press Release: www.lords.org ONE OF THE ALL-TIME LEGENDS OF CRICKET, KUMAR SANGAKKARA, TODAY TAKES UP HIS ROLE AS PRESIDENT OF MARYLEBONE CRICKET CLUB. The former Sri Lankan international is the first non-British President of MCC and will hold the post for one year. His nomination was announced by the outgoing President, Anthony […]
Sec Aryasinha on Sri Lanka’s obstacles on peacekeeping contribution to UN
Oct 01, 2019 (LBO) – Sri Lanka’s Foreign Secretary Ravinatha Aryasinha at the 74th UN General Assembly Session, met with Jean-Pierre Lacroix, under secretary general of the United Nations Department of Peace Operations (USSG/UNDPO) in New York to discuss obstacles placed on Sri Lanka’s peacekeeping contribution to the UN. Upon the Foreign Secretary seeking clarification on […]
South Korea increases funding for new Sri Lanka Ocean University
Sep 29, 2019 (LBO) – The initial outlay on Sri Lanka’s largest vocational skilling project announced on 28 August has now increased by 60 percent from its first value, the Ministry of Skills Development & Vocational Training said. “Due to some important revisions and re-assessments on the ground, the project value has been boosted by […]
Noolaham Foundation preserves the past to enrich the future
By Jekhan Aruliah We can be so blinded by the white hot heat of innovation that we fail to see the red embers of renovation. We are so focussed on finding treasure and riches in the bright new future that we forget about the jewels to be found in the dimmer recesses of the past. […]
Economist Deshal de Mel rejoins Sampath Bank Board
September 27, 2019 (LBO) – Economist Deshal de Mel has been appointed as an Independent Non-Executive Director to the board of Sampath Bank. De Mel perviously served as a Director from 2012-2017, after which he resigned to take up a position as an Economic Advisor in the Ministry of Finance. After leaving his position at […]
India blocks Sri Lankan exports of spices using non-tariff barriers: SAPPTA
Sep 26, 2019 (LBO) – India has imposed an unrealistic Minimum Import Price (MIP) on Sri Lanka pepper and arecanuts resulting in negligible exports, the Spices & Allied Products Producers’ & Traders’ Association (SAPPTA) said. Sri Lanka exported around 75 percent of pepper exports and almost 100 percent of its arecanut exports to India. The […]
IMF Executive Board selects Kristalina Georgieva as Managing Director
The Executive Board of the International Monetary Fund (IMF) today selected Kristalina Georgieva to serve as IMF Managing Director and Chair of the Executive Board for a five-year term starting on October 1, 2019. Ms. Georgieva, who succeeds Christine Lagarde, is the first person from an emerging market economy to lead the IMF since its […]
Economist Deshal de Mel joins Verité Research
September 24, 2019 (LBO) – Press Release Former Advisor to the Finance Minister and economist Deshal de Mel joined Verité Research as a Research Director this month. Prior to joining Verité, Deshal functioned as the Economic Advisor to Minister of Finance Hon. Minister Mangala Samaraweera. Deshal has held advisory positions in both the private and […]
Ceylon Chamber’s ‘Future of Business’ event to help reimagine future of work
Reimagining the future of work, will be the focus of the Ceylon Chamber’s third consecutive ‘Future of Business’ innovation strategy and learning event. This is ideal for leading Sri Lankan companies, SMEs and family owned businesses to gain unique and practical insights that can transform their businesses. The event will be a platform to learn […]
Youth leaders pressure governments and business for climate emergency
Sep 24, 2019 (LBO) – Youth leaders vowed continued pressure on governments and business for urgent action to address climate emergency at UN Youth Climate Summit Following massive rallies around the world for climate action. A day after thousands of young people marched and rallied for urgent climate action, young leaders brought their message to […]
Tea top exporter Anverally and Sons wins 3 accolades
Recognised at Presidential Export Awards and National Chamber of Exporters’ Awards Anverally and Sons (Pvt) Ltd., one of Sri Lanka’s oldest and most respected exporters of tea, with a history of 129 years, won three prestigious awards on consecutive days last week, demonstrating the Company’s continuing dynamism. Currently ranked one of the largest tea exporters […]
Mobitel joins hands with Peradeniya Uni to conduct research on Kandy air pollution
Sep 23, 2019 (LBO) – Air pollution is becoming an eminent threat to humanity and long-term health effects from air pollution include heart disease, lung cancer, and respiratory diseases such as asthma. Air pollution can also cause long-term damage to people’s nerves, brain, kidneys, liver, and other organs. Understanding the impact of air pollution in […]