Category: World
World Bank announces up to USD12Bn immediate support for COVID-19
Mar 04, 2020 (LBO) – As COVID-19 reaches more than 60 countries, the World Bank Group is making available an initial package of up to $12 billion in immediate support to assist countries coping with the health and economic impacts of the global outbreak. This financing is designed to help member countries take effective action […]
Foreign Ministry succeeds in evacuating two Sri Lankans on board Diamond Princess
Feb 27, 2020 (LBO) – The two Sri Lankan crew members who were on board the Diamond Princess cruise ship in Yokohama, Japan, were evacuated last night (26 February) by a charter flight organised by the Indian Government to New Delhi upon a request made by the Sri Lankan Government. The two Sri Lankan crew […]
FM will formally inform decision of govt. to withdraw co-sponsorship of resolution
Feb 26, 2020 (LBO) – Minister of Foreign Relations, Skills Development, Employment and Labour Relations, Dinesh Gunawardena who leads the Sri Lanka delegation to the 43rd Session of the Human Rights Council is scheduled to address the High Level Segment of the Human Rights Council (HRC), Wednesday. He will formally inform the Council Members of the […]
Security structure of APAC cannot be duplicated in Indian Ocean: RW tells India
Feb 24, 2020 (LBO) – The security structure of the Asia Pacific cannot be duplicated in the Indian Ocean as the region has avoided such alliances, unlike the Asia Pacific whose security structure has been based on military alliances, former Premier said. Speaking at the 4th edition of ‘The Huddle’ organised by The Hindu in […]
Foreign Ministry ensures welfare of Lankans following COVID-19 concerns in S Korea
Feb 22, 2020 (LBO) – The Ministry of Foreign Relations in coordination with the Sri Lanka Embassy in Seoul has been closely monitoring and coordinating efforts to ensure the safety of Sri Lankans residing in South Korea, following the recent rise of COVID-19 cases, particularly, in the city of Daegu. According to the Sri Lanka […]
Sri Lanka, Bangladesh agreed to IMF to provide debt relief for Somalia
Feb 17, 2020 (LBO) – Sri Lanka and Bangladesh have reportedly agreed to provide debt relief for Somalia under the Heavily Indebted Poor Countries (HIPC) Initiative of the International Monetary fund (IMF). The Central Bank of Sri Lanka and the Ministry of Foreign Relations have expressed their concurrence to provide Sri Lanka’s contribution. Accordingly, the […]
Experts suggest blue ocean strategy for Ceylon Tea
Feb 13, 2020 (LBO) – The strategy experts suggest that the Sri Lanka tea industry should consider adopting the blue ocean strategy for it’s profitably and sustainability. The comments were made at a seminar organized by Tea Exporters Association recently under the theme of “Inventing New Horizons for Ceylon Tea” with the objective of finding […]
” wins best picture & makes history
Feb 10, 2020 (LBO) – The 2020 Academy Awards belonged to “Parasite” and became the first foreign-language film to claim the award and the first South Korean film ever to win an Oscar. The South Korean film won four Oscars, including the biggest prize: Best Picture. Director Bong Joon-ho stole the show at this year’s […]
Our message is same for Tajikistan, Pakistan or Sri Lanka: US Ambassador Wells
Feb 07, 2020 (LBO) – US Ambassador Alice Wells says that on Belt and Road Initiative or on China–Pakistan Economic Corridor, their message is the same whether they are engaging with Tajikistan, Pakistan, or Sri Lanka. Principal Deputy Assistant Secretary in the Bureau of South and Central Asian Affairs at the State Department, Alice Wells […]
Sri Lanka gifts a consignment of Ceylon Black Tea to China
Feb 06, 2020 (LBO) – President Gotabaya Rajapaksa on Thursday gifted a consignment of world-renowned Ceylon Black Tea to the Chinese Ambassador Cheng Xueyuan to be sent to those affected by the Coronavirus. Ambassador Xueyuan on behalf of President Xi Jinping and the Government of the People’s Republic of China has thanked Sri Lanka for […]
Coronavirus death toll upto 213 : WHO calls it global virus emergency
Jan 31, 2020 (LBO) – The World Health Organization said the virus represents a risk outside of China and is calling it a global virus emergency. The death toll in China had climbed to 213 by Friday with nearly 10,000 infections, according to foreign media reports. Global outbreak includes 98 cases in 18 countries […]
Discussion on Belt and Road Initiative, challenges & way forward
The Ceylon Chamber of Commerce together with the Pathfinder Foundation will hold an informative discussion on the Belt and Road Initiative (BRI) on 27 January 2020. The BRI program initiated by the Chinese Government aims to connect Asia with Africa and Europe through land and maritime networks along six corridors with the aim of improving […]