Category: Politics
Harsha salutes Dumindra Ratnayake, critical of his removal as BOI Chairman
October 25, 2018 (LBO) – State Minister of National Policies and Economic Affairs Dr. Harsha de Silva used a Facebook post to praise the former Chairman of the BOI Dumnidra Ratnayake, and criticise the way he was removed. The Facebook post is reproduced below: Thank you Dumi. The loss is certainly ours! This is to […]
‘s advisors? Rukman Senanayake should be one of them
October 21, 2018 (LBO) – The drama over the dissolution of the boards of directors of the Board of Investment (BOI), Bank of Ceylon (BOC), and Peoples Bank has led many to ask the question….Who are the President’s advisors? Whoever they are, their advice has resulted in simmering tensions with the UNP and its leader […]
Two weeks not enough to place EOIs for Hyatt and Hilton Hotels: Vasudeva
Oct 23, 2018 (LBO) – Sri Lanka’s government should extend the time period given to investors to place Expressions of Interests (EOIs) for the divestiture of Hyatt and Hilton Hotels, Parliamentarian Vasudeva Nanayakkara reiterated today. Nanayakkara who is a lawyer by profession said in a statement that real investors require time to get approvals from […]
”’ defence conference
October 22, 2018 (LBO) – The annual ‘Galle Dialogue- 2018’ International Maritime Conference organized by the Sri Lanka Navy commenced at the Galle Face Hotel in Colombo, today.The President and Commander in -Chief of the Armed Forces HE Maithripala Sirisena graced the inaugural session of the conference as the Chief Guest, this morning. State Minister […]
Status of BOI Director General Duminda Ariyasinghe still uncertain
October 22, 2018 (LBO) – The status of the Board of Investment’s Director General (DG) Duminda Ariyasinghe remains uncertain. Last week the BOI had rejected reports that he had tendered his resignation. Other sources have said that he has been dismissed by the appointing authority, President Maithripala Sirisena. There has still been no official word […]
Opinion: BOI/BOC/PB fiasco, Are board positions worth fighting for?
October 19, 2019 (LBO) – Thursday morning the Colombo business community woke up the news that President Maithripala Sirisena had given instructions for the dissolution of the boards of directors of the Board of Investment (BOI), Bank of Ceylon (BOC) and Peoples Bank. After the news broke there was much speculation on the legality of […]
”s Bank
October 17, 2018 (LBO) – Media and political sources say the announcement of the dissolution of the boards of directors of the Board of Investment (BOI), Bank of Ceylon (BOC) and Peoples Bank is imminent. These actions have come as a surprise move on behest of President Maithripala Sirisena. The Chiarman of the BOI is […]
Foreign Ministry says reports about alleged plot to assassinate President, baseless
Oct 17, 2018 (LBO) – Sri Lanka’s Foreign Ministry on Wednesday afternoon said that the media reports on an alleged involvement of an Indian Intelligence Service in a plot to assassinate President are baseless and false. Releasing a statement, the ministry said it is disappointing that matters of this nature have become the subject of […]
Leading Indian newspaper reports that President Sirisena alleges RAW assassination plot
October 16, 2018 (LBO) – Leading Indian Newspaper The Hindu has published a report claiming the President of Sri Lanka has made public allegations of a RAW assassination plot on his life.Links posted below: https://www.thehindu.com/news/international/sri-lankan-president-sirisena-alleges-that-raw-is-plotting-his-assassination/article25241800.ece
Full Supreme Court decision on Duminda Silva appeal published
October 14, 2018 (LBO) – The full Supreme Court decision on the Duminda Silva appeal case has been published. It was a unanimous decision of a five judge panel in Sri Lanka’s highest court. The Supreme Court opinion in this landmark case is likely to become one of the most widely read opinions in the […]
President appoints and CC approves Judge Nalin Perera as the 46th Chief Justice of Sri Lanka
October 13, 2018 (LBO) – President Maithripala Sirisena has appointed and the Constitutional Council has confirmed the new 46th Chief Justice (CJ). The collaborative process enshrined in Sri Lanka’s reformed constitution seemed to work flawlessly, resulting in a new CJ appointed through a highly regarded mechanism. Chief Justice Nalin Perera has spent close to 4 […]
Jayantha Dhanapala appointed to the Constitutional Council
October 11, 2018 (LBO) – Global diplomat Dr.Jayantha Dhanapala has been appointed to Sri Lanka’s Constitutional Council. He is one of 3 new civil society members appointed for a 3 year term.The Constitutional Council is a 10-member constitutional authority tasked with maintaining independent commissions and monitoring their affairs. The Council is aimed at depoliticizing the […]