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2015 most dangerous celebrities in the world
Oct 01, 2015 (LBO) – Intel Security has recently conducted a study using McAfee Web Advisor to determine the number of risky sites that would be generated in search results including a celebrity name and commonly searched terms. Intel Security refers to these stars as the Most Dangerous Celebrities, meaning that they are likely popular […]
Brandix supports national initiative in Occupational Safety
Sri Lanka’s efforts to promote occupational safety and health at workplaces across the island are to be supported by the country’s single largest apparel exporter Brandix as principal sponsor of the 2015 National Occupational Safety & Health (OSH) week. Organised by the National Institute for Occupational Safety and Health (NIOSH) of the Ministry of Labour, […]
“Megapolis” Sri Lanka’s road to better sustainable development: Minister
Oct 01, 2015 (LBO) – Mega cities are important to transform Sri Lanka into a smart country and Colombo will remain as the epicenter for economic activities, Minister Champika Ranawaka said.“The proposed Megapolis concept is now underway and will span from Negombo to Beruwela and the Colombo city will be functioning as the epicenter,” Megapolis […]
New action plan to advance human rights in Sri Lanka: President at UNGA
Sep 30, 2015 (LBO) – The government intends to implement a new programme and plan of action in Sri Lanka to advance human rights, President Maithripala Sirisena said. Addressing the 70th UN General Assembly, Sirisena said the new vision for the country involves achieving the twin objectives of sustainable development and reconciliation. “In dealing with […]
Sri Lanka stocks down 0.5-pct: JKH losses
Sep 30, 2015 (LBO) – Sri Lankan stocks closed down 0.49 percent on Wednesday with losses in index heavy John Keells Holdings, brokers said. The Colombo benchmark All Share Price Index closed down 34.51 points at 7,050.87 lower 0.49 percent. S&P SL20 closed 32.46 points lower at 3,826.15 down 0.84 percent. Turnover was 1.3 billion […]
Sri Lanka not actively pursuing IMF option: CB Governor
Sept 30, 2015 (LBO) -Sri Lanka is not actively pursuing funding from the International Monetary Fund, the Central Bank Governor Arjuna Mahendran told Lanka Business Online. “The IMF is always available. I wouldn’t say that was something we were actively pursuing. There is no need for it as we have sufficient reserves,” he said. “But […]
‘s deflation increases to 0.3 pct in Sept from 0.2 pct in Aug
Sept 30, 2015 (LBO) – Sri Lanka’s deflation was lower at 0.3 percent, year-on-year, in September, from 0.2 percent in August, the census and statistics department said. On a 12 month moving average basis, inflation fell to 0.7 percent in September from 1.0 percent in the previous month.There were slight price declines from August to […]
FM Mangala meets Australian and Japanese Foreign Ministers
Foreign Minister Mangala Samaraweera met Japanese and Australian foreign ministers in New York on the sidelines of the UN General Assembly.
All Together in One Place
The Department of Elections completes 60 years today. The Department has taken steps to celebrate diamond jubilee with grand ceremonies. The main ceremony of celebrating the 60th anniversary was held at the Bandaranaike Ceremonial hall, Colombo today with the participation of President Maithreepala Sirisena, and Prime Minister Ranil Wickramasinghe as the Chief Guests and the participation of the chief opposition […]
Sri Lanka Treasury bill yields flat
Sep 30, 2015 (LBO) – Sri Lanka’s Treasury bill yields were flat at Wednesday’s auction, data from the state debt office showed.The 3-month yield was flat 6.78 percent with bids amounting to 16.6 billion rupees being received and it was decided to accept 5.2 billion rupees from the auction. The 06 month yield was also […]
Fitch affirms Sri Lanka Insurance Corporation at IFS BB- rating
Sep 30, 2015 (LBO) – Fitch Ratings has affirmed Sri Lanka Insurance Corporation Limited’s Insurer Financial Strength rating (IFS) at ‘BB-‘ with a Stable Outlook. The agency has also affirmed the National Insurer Financial Strength Rating and National Long-Term Rating at ‘AA(lka)’ with Stable Outlook. KEY RATING DRIVERS SLIC’s ratings reflect its well-established franchise and […]
Sri Lanka may consider IMF option: Finance Minister
Sept 30, 2015 (LBO) – Sri Lanka may consider an International Monetary Fund program option after the budget but only under our terms and conditions, Finance Minister Ravi Karunanayake told Lanka Business Online. “It will only happen on our terms,” Karunanayake said. Sri Lanka will have the option of considering bilateral lenders or an IMF […]