Dr. Radhika Coomaraswamy appointed to the board of John Keells Holdings (JKH)
October 1, 2018 (LBO) – Former Under Secretary General of the United Nations Dr. Radhika Coomaraswamy has been appointed as an Independent Non-Executive …
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Elon Musk settles SEC charges; requires him to step down as Tesla Chairman
Sept 30, 2018 (LBO) – The United States Securities and Exchange Commission announced today that Elon Musk, CEO and Chairman of Silicon Valley-based Tesla, …
Harsha defensive after social media backlash on request for austerity
September 29, 2018 (LBO) – State Minister of Economic Affairs Dr. Harsha De Silva has been embroiled in a firestorm of backlash over comments suggesting …
SEC charges Elon Musk with securities fraud for misleading tweets about Tesla
Sept 28, 2018 (LBO) – The United States Securities and Exchange Commission (SEC) today charged Elon Musk with securities fraud for a series of misleading …
Aussie journalist delves into new Macquarie chief Shemara Wikramanayake’s colourful family
September 27, 2018 (LBO) – Australian journalist Aaron Patrick has published a detailed exploration of the Sri Lankan family history of Shemara …
Chamath Palihapitiya restructures Social Capital amid reports of management exodus
September 26, 2018 (LBO) – After multiple reports of chaos at Sri Lankan born Chamath Palihapitiya’s high profile silicon valley venture capital …
Jack Ma releases letter on retirement/transition from Alibaba
September 10, 2018 (LBO) – Alibaba Executive Chairman Jack Ma released a letter to shareholders announcing his planed transition, and eventual exit from …
Jegan Durairatnam appointed to Asian Hotels board as Independent Non-Executive Director
September 9, 2018 (LBO) – Former Commercial Bank CEO Jegan Durairatnam has been appointed as an Independent Non-Executive Director at Colombo Stock …
Elon Musk rattles the markets with 2 hour long interview; Video embedded
September 9, 2018 (LBO) – Elon Musk sent shockwaves through the markets after his interview with infamous podcaster Joe Rogan. The interview sent Tesla …
Teplitz confirmed by the U.S. Senate as the next American Ambassador to Sri Lanka
September 7, 2018 (LBO) – Alaina Teplitz has been confirmed by the U.S. Senate as the next ambassador to Sri Lanka. Teplitz is a career foreign service …
Oligarch Chat: Sumal wants to avoid tax, Harry wants Rs25bn, and Pathirage wants a dictator
September 2, 2018 (LBO) – As video clips move through traditional and social media, the public is abuzz about the comments made by some of Sri …
Founder Sanjiva Weerawarana moving on from Sri Lanka software giant WSO2
September 1, 2018 (LBO) – Founder Sanjiva Weerawarana is moving on from software company WSO2, relinquishing his employment as Chief Software Architect. …
Dhammika strikes patriotic note among Sri Lanka’s oligarchs
August 31, 2018 (LBO) – Arguably Sri Lanka’s richest man, Dhammika Perera struck a patriotic tone at the recent “fireside chat” event …
Godahewa says CSE has tanked since he resigned as SEC Chairman
August 30, 2018 (LBO) – Former SEC Chairman Nalaka Godahewa has tweeted that the Stock Market in Sri Lanka performed much better when he was the head of …
JKH’s Gihan Cooray to Chair Nations Trust Bank
August 30, 2018 (LBO) – John Keells Holdings (JKH) Group Finance Director Gihan Cooray is set to take over as Chairman of Nations Trust Bank from …
Godahewa’s novice geopolitical commentary advances conspiracy theories
August 25, 2018 (LBO) – Controversial former SEC Chairman and corporate executive Nalaka Godahewa has released a youtube video with his commentary on the …
New Executive Director at Lakshman Kadirgamar Institute (LKI)
August 22, 2018 (LBO) – Dr. Ganeshan Wignaraja has been appointed as the new Executive Director of the Lakshman Kadirgamar Institute of International …
Virtusa worth $ 1.5 billion, projects year-end March 2019 revenue of $ 1.25 billion
August 15, 2018 (LBO) – Nasdaq listed software development company Virtusa (VRTU) reported earnings for the quarter ended June 30th 2018 last week. The …
Sangakkara says ‘never’ to politics in Sri Lanka
August 13, 2018 (LBO) – Cricket legend and icon Kumar Sangakkara has dashed the hopes of Sri Lankans everywhere by releasing a statement that he will not …
Ceylon Today offers unreserved apology to Kumar Sangakkara
August 1, 2018 (LBO) – Newspaper Ceylon Today has offered an apology to Kumar Sangakkara for misquoting him on a front page article speculating about his …