Solar Alliance will create a greener, cleaner, healthy world: President

Mar 12, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena expressed confidence that the International Solar Alliance (ISA) would showcase the power of the countries involved to bring about solutions to create a greener, cleaner and a healthy environment for people of this world.Addressing the Founding Conference of the ISA Summit in New Delhi today […]

Reforms have progressed but vulnerabilities remain: IMF Staff Mission

Mar 11, 2018 (LBO) – Despite weather-related shocks and some delays in implementation, program performance remains broadly on track, said IMF Staff Mission after a recent visit to Sri Lanka. The IMF staff team led by Manuela Goretti visited Colombo from February 27 – March 9 to hold discussions for the fourth review of Sri Lankan […]

Sri Lanka made minimal progress on UNHRC resolution: Verité Research

Mar 09, 2018 (LBO) – Sri Lankan government has made minimal progress towards the fulfillment of its commitments in UNHRC resolution on Sri Lanka, a research firm said. Verité said in a research report that only two out of 36 commitments saw an improvement in their implementation status in recent months. “Since March 2017, the […]

Colombo Fashion Week Brings Together Other Creative Industries

Celebrates Expression through Collaborations Celebrating other creative industries and their expression through fashion has been one of the focus’ of HSBC Colombo Fashion Week in recent years. These collaborations have given birth to various sub events that take place during the week of CFW such as Art Connect, Fashion + Food events, Knowledge Workshops, Music […]

Sri Lanka tourist arrivals up 19.3-pct in February 2018

Mar 09, 2018 (LBO) – Sri Lanka tourist arrivals increased 19.3 percent in February against last year with the largest source market for tourists becoming China, followed by India and the United Kingdom. The total number of international tourist arrivals to Sri Lanka during February was 235,618. Almost 98 percent of tourists travelled by air to Sri Lanka. […]

Government to implement two water projects at a cost of Rs11.3bn

Having recognized the importance and urgency of implementation of Kirama Katuwana Water Supply Project and project for Augmentation of Water Pipelines along with the Orugodawatta Ambatale Road Development Project, the Government has now been able to finalize the funding arrangements with foreign and local banks. Accordingly, UniCredit Bank of Austria has agreed to provide Euro […]

Sri Lanka Tourism says tourists can resume their travel plans

Mar 08, 2018 (LBO) – Sri Lanka Tourism Development Authority in a situation update said tourists can resume their travel plans to Kandy as the curfew has been lifted by the Police.The update issued by the Sri Lanka Tourism Development Authority today afternoon (1400 hours) said the situation in Kandy is improving and the area […]

Sri Lanka President appoints new cabinet minister for law and order

Mar 08, 2018 (LBO) – Minister Ranjith Madduma Bandara was sworn in as the new Minister of Law and Order, a short while ago. He is the current cabinet minister of Minister of Public Administration and Management. He was sworn in before President Maithripala Sirisena at the Presidential Secretariat, the President’s Media Division said. Prime Minister […]

President visits Kandy, Stresses on communicating precise information

Mar 08, 2018 (LBO) – Sri Lanka’s President Maithripala Sirisena held a special meeting in Kandy to discuss the current situation in the district and stressed the importance of communicating precise information to the public. The President discussed with religious leaders about the situation that has occurred suddenly and the leadership they can provide to […]

Mobitel & Commercial Bank launch Data + Credit Card in Sri Lanka

Sri Lanka’s National Mobile Service Provider, Mobitel has partnered with one of the leading banks in Sri Lanka, Commercial Bank to offer a first of its kind credit card . It is the first time in Sri Lanka that a telecom service provider has partnered with a financial institution to offer its customers an exclusive […]

Recurrence of a conflict will impact adversely on development: CCC

Statement from the Ceylon Chamber of Commerce The Ceylon Chamber of Commerce condemns religious and ethnic intolerance which has led to the current situation of unrest. We call upon those vested with authority to take stringent measures to control all efforts to perpetrate violence.We urge all persons to unite and provide leadership to prevent further […]

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