Category: Politics
Panama Papers: Reclaiming money more important than revealing names, says ACF
Apr 08, 2016 (LBO) – Sri Lanka’s Anti Corruption Front says re-claiming money from hidden offshore accounts is more important than revealing names. Speaking about Panama Papers, an advisor to Anti Corruption Front, Rajith Keerthi Tennakoon told Lanka Business Online that the ICIJ organization has already started processing data on Sri Lanka. Tennakoon said investigations […]
Sri Lanka Parliament converts to Constitutional Assembly, members appointed
Apr 05, 2016 (LBO) – Sri Lanka’s new Parliament converted into a constitutional assembly for the first time today with the aim of enacting a new constitution. The Speaker Karu Jayasuriya is also the Chairman of the new Constitutional Assembly. The resolution presented by Prime Minister Ranil Wickremesinghe to convert parliament into a Constitutional Assembly in January […]
‘s UNP announces changes in party positions
Apr 05, 2016 (LBO) – Sri Lanka’s ruling United National Party on Tuesday carried out several changes in party positions, although there were no significant changes to the line up. The UNP Working Committee appointed Primary Industries Minister Daya Gamage as Senior Deputy Chairman of the party by abolishing the existing National Organizer post. Minister […]
Sri Lanka’s Right to Information Bill presented to Parliament
Mar 24, 2016 (LBO) – Sri Lanka’s long-awaited Right to Information Bill was presented to Parliament today as the first reading. Mass Media and Parliamentary Reforms Minister Gayantha Karunathilaka presented the bill to the house. The speaker Karu Jayasuriya yesterday informed Parliament that the bill has been passed through all provincial councils subjected to certain […]
PM’s allegation on undisclosed loans, a complete falsehood: MR
Mar 14, 2016 (LBO) – The prime Minister’s recent allegation on undisclosed loans is a complete falsehood, Former President Mahinda Rajapaksa said. Rajapaksa speaking at his Battaramulla office on Monday said state owned enterprises engage in commercial activities and they have their own dealings with banks. “Borrowings by state entities are governed by their respective […]
Sri Lanka’s UNP and Communist Party of China to strengthen links
Mar 07, 2016 (LBO) – Sri Lanka’s ruling United National Party has initiated plans to deepen its relationships with the Communist Party of China (CPC), the Board of Investment said in a media release. The statement came after the Chairman of the UNP Minister Malik Samarawickrama and Minister Sagala Ratnayaka concluding a meeting with Minister and Vice […]
Government should proceed cautiously on proposed ETCA with India: MR
Mar 07, 2016 (LBO) – Sri Lanka’s ex-President Mahinda Rajapaksa has urged the government to table in parliament the ETCA agreement they intend signing with India. Releasing a media release Rajapaksa insists the government to seek the views of trade chambers, professional associations and the general public before making any decision to enter into ETCA […]
US reiterates support for constitutional reforms in Sri Lanka
Mar 01, 2016 (LBO) – The United States after the first annual US, Sri Lanka Partnership Dialogue held recently in Washington has expressed support for the Government’s plans for constitutional and legislative reforms including public consultations on a new Constitution. Foreign Minister Mangala Samaraweera was in Washington DC on 25 and 26 February for the […]
President appoints new SLFP organizers to electorates and districts
Feb 29, 2016 (LBO) – Sri Lanka’s President Maithripala Sirisena has appointed new Sri Lanka Freedom Party (SLFP) organizers to electorates and districts, today. The event has taken place at the President’s Official Residence, Presidential Media Division said. Secretary to the President, P.B. Abeykoon and the General Secretary of the Sri Lanka Freedom Party, Duminda Dissanayake […]
‘t want foreign-led economy through ETCA
Feb 19, 2016 (LBO) – Parties in Sri Lanka’s opposition have raised concerns over proposed ETCA with India saying it leads to the “foreignization” of the Sri Lankan economy through executive fiat. Issuing a statement, the Joint Opposition charged the government for opening the country up to Indian service providers although the proposed ETCFA is […]
Sri Lanka, Germany sign agreements to enhance bilateral cooperation
Feb 18, 2016 (LBO) – Sri Lanka and Germany have agreed to strengthen bilateral relations between the two countries and promote development activities in Sri Lanka through German assistance. The two countries have signed agreements on a wide range of cooperation that covers Education, Language, Museaology, heritage and Art conservation, Higher Education, Sports. On behalf of […]
Sanders beats Clinton, Trump leads in New Hampshire U.S. primary
Feb 10, 2016 (LBO) – Vermont Senator Bernie Sanders defeated Hillary Clinton in the New Hampshire Democratic primary, while Donald Trump led other Republican candidates tapping into working class angst that left the U.S. presidential elections wide open. With close to half the precincts reporting, Trump had received almost 34 percent of the vote, and […]