Category: South Asia
Japanese ambassadors in five SAARC countries meet Foreign Minister Ravi
June 28, 2017 (LBO) – Japanese ambassadors in five SAARC countries India, Nepal, Maldives, Pakistan and Bangladesh met Foreign Minister Ravi Karunanayake Tuesday at the Ministry. “The ambassadors hailed the ongoing development activities in Sri Lanka and pointed out the growth in the country is a matter of pride for other nations in the region,” […]
Opinion: Despite Trump-Modi bonhomie, Indo-US economic relations in doldrums
By P.K.Balachandran Despite words signifying undying friendship and bear hugs, which marked President Donald Trump’s interaction with Indian Prime Minister Narendra Modi in Washington on Monday, economic relations between the United States and India seem destined to remain in the doldrums indefinitely. While there was a strong understanding on cooperation to tackle terrorism and on […]
Opinion: India ruling party’s choice as Presidential candidate is a masterstroke
By P.K. Balachandran The choice of Ram Nath Kovind as the ruling Bharatiya Janata Party’s candidate for the Indian Presidential election, to be held on July 17, is a political masterstroke by its political managers. Kovind is a “Dalit”. The Dalits are the lowest caste in the Hindu social hierarchy who were once dubbed and […]
Sri Lanka Foreign Minister Ravi Karunanayake visits India
Foreign Minister Ravi Karunanayake on his first visit overseas as Minister of Foreign Affairs, called on Prime Minister Narendra Modi and held discussions with External Affairs Minister Sushma Swaraj yesterday, 6 June 2017. He will have discussions today with Foreign Secretary S. Jaishankar and others before returning to Colombo tonight. Ministry of Foreign Affairs Colombo
Sri Lanka, India sign MOU to cooperate on economic projects
Apr 27, 2017 (LBO) – Sri Lanka and India signed an MoU on economic co-operation in the presence of Prime Minister Narendra Modi and Sri Lankan counterpart Ranil Wickremesinghe in New Delhi Wednesday. As per Indian media reports, the MoU proposes Indian investment in development of port and oil tank farms in Trincomalee, setting up […]
LBR LBO DEBRIEF to focus on unfolding economic and geo-political landscape
Nov 18, 2016 (LBO) – The fourth edition of the “Economic and Business Climate Outlook 2017” will offer an overview of emerging Asia and the Sri Lankan economy, and the views of business leaders on navigating their businesses in 2017 amidst growing economic and geo-political volatility. Lanka Business Online, LBO, will be hosting the annual […]
Sri Lanka backs Indian Ocean security at IORA
Oct 28, 2016 (LBO) – Sri Lanka’s Foreign Minister has called for the Indian Ocean Rim Association (IORA) to take collective steps to ensure security in the region while moving into a new era of dynamism. “It is necessary for IORA and its members to take collective steps to ensure the security of the Indian […]
‘s Green University opened in Homagama
Oct 27, 2016 (LBO) – The National School of Business Management’s (NSBM) Green University in Pitipana, Homagama was declared open by President Maithripala Sirisena on Wednesday. This is the first university in the South Asian region built to be sustainable and eco-friendly, according to the university. The NSBM Green University comprises auditoriums, computer laboratories, a […]
Sri Lanka PM to meet Modi & attend Indian Economic Summit
Oct 03, 2016 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe will visit New Delhi, India tomorrow for a three-day official tour, the government said. After his New Zealand visit Wickremesinghe will fly from Wellington to Delhi where he is scheduled to have talks with Indian Prime Minister Narendra Modi and several senior Indian ministers. […]
Nepal regrets SAARC postponement due to Indo-Pak tensions
Oct 03, 2016 (LBO) – Nepal, the current chair of SAARC, has expressed regret that the regional environment is not conducive to host the 19th SAARC Summit in Islamabad in November. “Nepal will initiate necessary consultation on successfully holding the summit with the participation of all member states, the country’s foreign ministry said. The announcement […]
Ban Ki-moon sees development, commends steps towards reconciliation
Sept 05, 2016 (LBO) – UN Secretary General Ban Ki-moon said he had seen economic development in the island since his last visit in 2009, and commended steps taken by the government to promote reconciliation. “I visited the North of the country Jaffna, today, and saw an enormous contrast with my experience there in 2009. […]
India, fastest growing big economy with 7.1 pct GDP growth
Sept 01, 2016 (LBO) – India maintained its title as the world’s fastest growing big economy in the April to June quarter with gross domestic product growth of 7.1 percent, the latest data showed. Although this was its slowest pace for two years, and a slowdown from the previous quarter growth of 7.9 percent, it […]