Category: Special Reports
UN to look at innovative development, policy support in Sri Lanka
Oct 24, 2016 (LBO) – United Nations resident coordinator Una McCauley says the United Nations needs to move away from immediate humanitarian engagements into more developmental and policy support. This year marks 71 years since the United Nations was formed and 61 years since Sri Lanka became a member state of the UN. Celebrating the […]
Sri Lanka to issue gazette reducing essential drug prices today
Oct 21, 2016 (LBO) – The special gazette notification announcing the price reduction of 48 essential medical drugs will be issued midnight today, Health Minister Rajitha Senaratne said. Senaratne said that the prices of drugs will be reduced up to 85 percent through this gazette notification. The 48 essential medicines include those used in the […]
Sri Lanka medicine regulator says Russian cancer drug safe
Sept 15, 2016 (LBO) – Sri Lanka’s National Medicines Regulatory Authority says the Russian breast cancer drug registered under their authority is in line with guidelines. The authority said they always follow the due process for registration of pharmaceutical products and “biosimilars.” Biosimilar is a biopharmaceutical drug designed to have active properties similar to one […]
Sri Lankan High Commissioner in Malaysia beaten up at airport
Sept 05, 2016 (LBO) – The Sri Lankan High Commissioner in Malaysia, Ibrahim Sahib Ansar, was beaten up by a group of LTTE supporters at the Kuala Lumpur airport after he refused to divulge the whereabouts of former Sri Lankan President Mahinda Rajapaksa who is on a visit to Malaysia, media reports said. According to […]
Australia probes bribery scandals in Sri Lanka, Congo
Aug 25, 2016 (LBO) – Two Australian companies are caught up in bribery scandals that involve the offices of the presidents of Sri Lanka and the Republic of Congo, the Sydney Morning Herald has reported, an allegation Sri Lanka’s president has denied. A Fairfax Media investigation has uncovered evidence involving the Snowy Mountains Engineering Company […]
One in six Sri Lankans suffers from chronic illness, Diabetes high in services
July 06, 2016 (LBO) – A new survey has found that 18 percent of Sri Lanka’s population, or nearly one in six persons, have reported some chronic illness or an illness that persist for long time periods. This survey has considered diabetes, high blood pressure, heart diseases, stroke, cancer, asthma, mental illness, arthritis, epilepsy and […]
Brexit may not happen anytime soon: report
June 28, 2016 (LBO) – Britain may not exit the E.U. anytime soon, as it needs to invoke Article 50 of the Lisbon Treaty of 2007 which grants member states the right to leave. There will be at least two years of negotiations about the terms of Britain’s future relationship with Europe, and the invocation […]
Britain to exit EU, markets extremely volatile
June 24, 2016 (LBO) – The British referendum on whether to stay or leave the EU will be a leave vote, according to both ITV and BBC, who forecast an exit based on results rolling in. BBC forecast a four-point leave victory of 52 percent to 48 percent. A leave vote will be disastrous for […]
South Asia developing 7.1 pct; Sri Lanka falling behind on debt, growth
June 10, 2016 (LBO) – Growth in South Asia is expected to reach 7.1 percent in 2016 and strengthen to 7.3 percent by 2018, underpinned by robust domestic demand, the World Bank said in its Global Economic Prospects report. In the near term, consumption spending continues to benefit from low oil prices and modest inflation […]
Sri Lanka to issue certificates of absence for missing persons
Jun 08, 2016 (LBO) – The Cabinet of Ministers approved draft legislation enabling the issuance of Certificates of Absence enabling family of missing to address practical issues relating to their disappearance. The draft legislation which involves an amendment to the Registration of Deaths (Temporary Provisions) Act, No. 19 of 2010 will now be gazetted and the […]
Blast at Sri Lankan armoury kills one soldier, thousands evacuated
June 06, 2016 (LBO) – One soldier was killed and thousands of people were evacuated after an explosion on Sunday at the Salawa Army Camp, where one of Sri Lanka’s largest ammunition stores is located. Explosions at the army camp continued for more than five hours and the blasts were heard 12 km away, local […]
Japanese PM to delay consumption tax hike; possible no-confidence
May 30, 2016 (LBO) – Japanese Prime Minister Shinzo Abe has met top executives of his Liberal Democratic Party to discuss the proposal to delay the scheduled April 2017 consumption tax hike. Japanese media reported that Vice-President Masahiko Komura, General Council Chairman Toshihiro Nikai, and Policy Research Council Chairman Tomomi Inada were among them. Shinzo […]