‘s growth prospects: ADB

Apr 03, 2019 (LBO) – Growth remains strong across most of developing Asia but is set to moderate this year and next year against the backdrop of slowing global demand and persistent trade tensions, according to a new Asian Development Bank (ADB) report. The latest Asian Development Outlook (ADO) 2019, ADB’s flagship economic publication, forecasts that […]

Green Book wins Oscars for best picture, Rami Malek & Olivia Colman tops in acting

Feb 25, 2019 (LBO) – Green Book, a film about a black musician and his white chauffeur driving in the segregated South, won the best picture at the 91st Academy Awards on Sunday.Green Book wins Oscars for best picture, best original screenplay, and best supporting actor while other nominees for best picture included Black Panther, […]

Korean embassy requests employees worked in Korea to apply for insurance

Feb 01, 2019 (LBO) – South Korean embassy in Colombo is requesting Sri Lankan workers who employed and departed from Korea to apply for the insurance benefit under unclaimed and dormant insurance. Once migrant worker departs from Korea, they are eligible for the application of the unclaimed insurance such as return cost insurance (air ticket […]

British PM Theresa May survives no-confidence vote; Brexit talks to go ahead

Jan 17, 2019 (LBO) – British Prime Minister Theresa May survived a no-confidence vote on Wednesday, a day after Parliament voted against the Brexit deal she negotiated with the European Union. After narrowly escaping a defeat with 325-306 margin, the Prime Minister invited all opposition leaders for Brexit talks and said it is now time […]

Theresa May to face no confidence vote after parliament voted against Brexit deal

Jan 16, 2019 (LBO) – British Prime Minister Theresa May will face a no-confidence vote after her Brexit deal suffered a heavy defeat in parliament yesterday. After parliament voted 432-202 against the deal marking the worst defeat in modern British history, opposition Labour Party leader Jeremy Corbyn called a vote of no confidence in the […]

Happy New Year 2019: New Year celebrations around the World

Jan 01, 2019 (LBO) – Major cities around the world kick-started the New Year 2019 with fireworks displays and dazzling performances and shows. Dubai, UAE rang in 2019 with a blinding light and fireworks show that illuminated the world’s tallest building, the Burj Khalifa, and also set a Guinness World Record for largest LED illuminated […]

Sri Lanka pledges USD 15,000 to UNHCR in response to 2019 Global Appeal

Dec 13, 2018 (LBO) – Sri Lanka has pledged a contribution of 15,000 US dollars to the UNHCR’s 2019 programmes in earnest expectation that the UN Refugee Agency would be ‘empowered’ to deliver more strengthened assistance and protection as part of its mandate.At the 2019 Global Appeal of the United Nations High Commissioner for Refugees (UNHCR) […]

Constitutional Crisis – Samantha Power says targeted sanctions should be on the table

November 10, 2018 (LBO) – Former United States Ambassador to the United Nations and human rights expert Samantha Power has taken an aggressive stance with regards to Sri Lanka’s constitutional crisis. Making several tweets on this issue, Samantha Power has advocated for targeted sanctions on Sri Lanka if constitutional democracy is not upheld. After the […]

US President Donald Trump sacks Attorney General

Nov 08, 2018 (LBO) – US President Donald Trump has sacked his Attorney General Jeff Sessions, a day after the Republicans lost control of the lower house of Congress in the 2018 midterm elections.The move came after the President repeatedly criticized his Attorney General for not taking a tougher approach to illegal immigrants, and accused […]

CA Sri Lanka renews agreement with CPA Australia

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) renewed the Mutual Recognition Agreement (MRA) with CPA Australia recently, in an effort to enhance the standing of the members of both accounting bodies. The agreement was signed by CA Sri Lanka President Mr. Jagath Perera and CPA Australia President Mr. Peter Wilson in […]

Democrats retake House, Republicans retain Senate in US midterm elections

Nov 07, 2018 (LBO) – Democrats will seize the control of the lower house of Congress in midterm elections while Trump’s Republicans will retain control of the Senate, projections of the leading television networks of the United States showed. Taking control of the lower chamber of Congress for the first time in eight years will […]

US, Japan, France, Afghanistan new Ambassadors present credentials to President

Nov 01, 2018 (LBO) – New Ambassadors of the United States, Japan, France, and Afghanistan have presented credentials to President Maithripala Sirisena today at the President’s House, Colombo.Foreign Ministry said the United States with the concurrence of the Government of Sri Lanka, has appointed Alaina Teplitz as the Ambassador of the US to Sri Lanka […]

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