Tag: lbo.lk
MR and 16 others get overseas travel ban
The Colombo Fort Magistrate’s Court has imposed an overseas travel ban on Former Prime Minister Mahinda Rajapaksa and 16 others. The list includes – Johnston Fernando Pavithra Wanniarachchi Mahinda Rajapaksha Sanjeeva EdirimanaKanchana Jayaratne Rohitha Abeygoonewardene C B Ratnayake Sampath Atukorale Renuka Perera Namal Rajapaksha Sanath NishanthaNishantha Jayasinghe Amith Abeywickrema Pushpalal Mahinda KahandagamaDilith Fernando Deshabandu Tennekoon The order was issued by the Colombo Fort Magistrate’s Court in relation to the […]
Secretaries appointed to Ministries of Defence, Public Security and Finance
Three Secretaries have been appointed to the Ministries of Defence, Public Security and Finance from yesterday (10) to ensure the normalcy of the livelihood of the people, in accordance with the powers vested in the President.Accordingly, the secretaries who served in these three Ministries;01. Ministry of Defence – Retired General Kamal Gunaratne 02. Ministry of […]
Protests at the Naval Base in Trinco
A protest erupted outside the Trincomalee Naval Base as reports have said that former prime minister Mahinda Rajapaksa and some of his family members have sought refuge in the base following anti-government clashes on Monday. The group is demanding the former prime minister and his family be held accountable for the crisis and be arrested. […]
IGP orders CID to probe attack on “Temple Trees and Galle Face Green”
The Inspector General Of Police has ordered the Criminal Investigations Department to immediately initiate investigations into the incident in which a group of supporters of former Prime Minister Mahinda Rajapaksa attacked protesters outside Temple Trees at “Mainagomama” and then at Galle Face Green’s “Gotagogama” on Monday. Police said a group of people who had come […]
Sri Lanka imposes curfew under Section 16 of Public Security Ordinance
Curfew has been imposed on the entire country from 7.00 pm Monday (09) to 7.00 am Tuesday (10) in accordance with the provisions of section 16 of the Public Security Ordinance.Issuing a statement the President’s office said “No person is allowed to be on any public road, railway, public park, public recreation ground or other […]
Sri Lanka PM steps down triggering cabinet resignations following month long protests
Cabinet Ministers have begun to resign following the resignation of the Prime Minister Mahinda Rajapaksa from his post. Channa Jayasumana and Widura Wickramanayake had already tendered their resignation to the President, sources confirmed. Meanwhile, President Gotabaya Rajapaksa has strongly condemned the violent acts taking place in parts of the country right now by those ‘inciting […]
Due consideration will be given to proposals in compliance with Constitution: President tells BASL
President Gotabaya Rajapaksa stated that he will consider acting in compliance with the Constitution on the proposals put forward by the Bar Association of Sri Lanka to overcome the current political and economic instability.The President made these remarks at a discussion held with the Executive Committee of the Bar Association of Sri Lanka yesterday (08) […]
Uncovering the human element in ESG at Kelani Valley Plantations;Report
The challenge of driving meaningful progress in Environmental, Social and Governance (ESG) standards hinges on people more than it does processes or policies. That is why organisations that can understand the human element in driving change tend to set the pace in their respective industries. As a true pioneer among Sri Lanka’s Regional Plantation Companies […]
New payment terms related to importation of goods gazetted
Regulations have been promulgated under the Imports and Exports Control Act, No. 01 of 1969 and published in the Gazette No. 2278/21 dated 6th May 2022 to regulate selected payment terms related to importation of goods with a view to curb opportunities for under-invoicing at the time of Customs clearance of imported goods. As per […]
Year on year food prices increase close to 50-pct: Advocata
Advocata’s Bath Curry Indicator (BCI) , which tracks the monthly changes in the retail price of food, recorded an increase of 14% from March 2022 to April 2022. This is a year on year increase of 49% for this basket of food. This is driven primarily by prices of dhal and samba rice being the […]
Investment opportunities of Port City Colombo presented in London
Sri Lanka High Commission in London in partnership with the CHEC Port City Colombo (Pvt) Ltd and Commonwealth Enterprise and Investment Council organised a presentation on investment opportunities in education and finance sectors in the Port City Colombo project to UK investors on 26 April 2022 at the High Commission premises. Delivering the welcome address, […]
“Export outlook dims amidst economic challenges” latest CCC-USAID export barometer survey says
Findings from the latest bi-annual Export Barometer Survey indicate that exporters are losing confidence in the industry’s outlook, as firms face mounting challenges posed by increasing local and global economic risks. This survey was conducted by the Ceylon Chamber of Commerce (CCC) and the United States Agency for International Development (USAID)’s Partnership for Accelerating Results […]