Tag: lbo.lk
Oscars 2018: The list of nominees in full
Jan 24, 2018 (LBO) – The nominations for the 90th Academy Awards was announced in Los Angeles, Tuesday with “The Shape of Water” leading list. Guillermo del Toro’s fantasy romance (The Shape of Water) received 13 nominations and World War Two drama Dunkirk lays claim for eight nominations. Meanwhile, Rachel Morrison has made Oscar history […]
Sri Lanka inflation dips to 7.3-pct in December 2017
Jan 23, 2018 (LBO) – The overall rate of inflation as measured by National Consumer Price Index (NCPI) on year on year basis was down to 7.3 percent in December 2017 when compared with 8.4 percent November 2017, according to the Department of Census and Statistics. Issuing a statement the department said Y on Y inflation of food […]
Sri Lanka signs FTA with Singapore tomorrow
Jan 22, 2018 (LBO) – A Free Trade Agreement between Sri Lanka and Singapore will be signed following bilateral talks between the two nations, Tuesday. Prime Minister of Singapore Lee Hsien Loong is to arrive in Sri Lanka on the invitation of Sri Lanka’s President Maithripala Sirisena, Monday. Last week, Sri Lanka’s Cabinet approved a […]
The role of the yahapalana opposition: Report
There is a yahapalana government as well as a yahapalana opposition in this country. After the August 2015 parliamentary election, the UNP Speaker refused to recognize the Joint Opposition which had over 50 MPs as a part of the opposition, and gave the opposition leadership to the TNA which had 16 MPs. The JVP which […]
‘s economy to grow USD 5Tn by 2025
Jan 22, 2018 (LBO) – Indian economy is set to double to USD 5 trillion in the next 7-8 years as booming consumption of digital services would support addition of about USD 2.5 trillion to the country’s wealth, Paytm founder Vijay Shekhar Sharma said today. “It took 70 years for India to become USD 2.5 […]
Emirates special fares 2018
(PRESS RELEASE) – Emirates is making it even more attractive for travellers from Sri Lanka to enjoy new destinations and experiences in 2018. For a limited time, travellers can avail of special offers on Economy and Business class fares to a wide range of cities across the globe. Bookings have to be made between 16th […]
Indian govt to develop KKS harbour at a cost of USD 45Mn
Jan 16, 2018 (LBO) – The Government of India will rehabilitate and upgrade the Kankesanthurai (KKS) Harbour as a commercial port at a cost of US 45.27 million dollars, the Finance Ministry said in a statement. The project will be financed through a line of credit from the Export-Import Bank of India (Exim Bank). Preliminary Hydrographic survey geo-technical investigation, preparation of detail […]
LG Election 2018 : An interview with Duminda Attygalle, UNP candidate
An Interview with Duminda Attygalle, UNP Candidate for the Colombo Municipal Council – Cinnamon Gardens Ward What makes you want to go into politics? I draw inspiration from my late grand uncle, Upali Wijewardene. Upali Seeya founded the Upali Group and Chaired the Greater Colombo Economic Commission (BOI’s predecessor), but was always principled and helpful […]
CPA comments on Supreme Court decision of Presidents office term
(PRESS RELEASE) – The Centre for Policy Alternatives (CPA) made representations today on behalf of itself and its Executive Director, Dr. Paikiasothy Saravanamuttu, intervening in the reference made by President Maithripala Sirisena to the Supreme Court regarding his term of office as President. On 8 January 2018, media reports indicated that President Sirisena had sought […]
CEAT Kelani to invest Rs3Bn in local tyre industry , Eyes US market
Jan 11, 2018 (LBO) – Sri Lankan tyre manufacturer, CEAT Kelani said they will invest 3 billion rupees in the local industry over next two years. Unveiling its masterplan to local media the Indo-Lanka Company said it will set up a new truck bus radial tyreplant while also doubling production of radials and motorcycle tyres and […]
Sri Lanka Govt issues new guideline for visa
Jan 11, 2018 (LBO) – The cabinet of ministers has given the go ahead to regularize and update the present method of visa issuing in Sri Lanka. According to the latest statement on cabinet decisions it was decided to collect visa charges in US Dollars instead of Sri Lankan Rupees and to add following to […]
Sri Lanka lifts ban on sale of liquor to women
Jan 11, 2018 (LBO) – Sri Lanka’s Finace Ministry announced that the government will lift the ban on sale of liquor to women in retails outlets and employment of women in bars. Issuing a statement the ministry said that Minister of Finance Mangala Samaraweera has revoked the prohibition on selling liquor to women and employing women […]