Category: Other
Former US presidential candidate, Senator John McCain dies at 81
Aug 26, 2018 (LBO) – United States senator and former presidential candidate John McCain died Saturday after losing a battle to brain cancer, at the age of 81. In July 2017, McCain was diagnosed with glioblastoma, an aggressive form of brain cancer. One year of treatment failed to prevent his condition from worsening and on […]
‘s novice geopolitical commentary advances conspiracy theories
August 25, 2018 (LBO) – Controversial former SEC Chairman and corporate executive Nalaka Godahewa has released a youtube video with his commentary on the recent visit of the Japanese Defence Minister and its geopolitical implications.In it he puts forward theories of geopolitical posturing by countries such as the United States, Japan, India and China with […]
Australian PM Malcolm Turnbull ousted, Scott Morrison to replace him
Aug 24, 2018 (LBO) – Former treasurer Scott Morrison is to become Australia’s sixth Prime Minister in 11 years, prolonging an era of extraordinary political instability. Morrison, a socially conservative architect of Australia’s hardline anti-asylum seeker policies and an ally of deposed leader Turnbull, elected as the new PM after winning a three-way battle for […]
Moody’s expects Brent spot price to average around USD72 per barrel in 2018
Aug 23, 2018 (LBO) – Moody’s Investors Service expects crude oil price to remain elevated in the near term but to moderate over the medium term. Releasing the Global Macro Outlook for 2018-19 August update, Moody’s Investors Service said they expect that the Brent spot price will average around 72 US dollars per barrel in […]
Sri Lanka Govt gives Cabinet nod to increase subsidy for rubber planting
Aug 23, 2018 (LBO) – Sri Lanka’s cabinet of Ministers has given the go ahead for increasing subsidies given to farmers for planting rubber in a bid to increase productivity in the industry, a statement said. The subsidy for new planting will be doubled to 300,000 rupees a hectare and the subsidy for replanting will […]
New Executive Director at Lakshman Kadirgamar Institute (LKI)
August 22, 2018 (LBO) – Dr. Ganeshan Wignaraja has been appointed as the new Executive Director of the Lakshman Kadirgamar Institute of International Relations and Strategic Studies (LKI). The institute is Sri Lanka’s premier think tank, named after Sri Lanka’s long time Tamil Foreign Minister who was assassinated by the LTTE. Official statement follows: “LKI’s […]
Mobitel partners first-ever ‘YouTube Open Mic Night’ in Sri Lanka
Mobitel was the Official Telecommunication Partner for the first-ever ‘YouTube Open Mic Night’ in Sri Lanka held at the Shangri-a – Colombo recently.Considering that this is YouTube’s first event in the country, the occasion witnessed the presence of YouTube celebrities, content creators, YouTube influencers, enthusiasts, brand ambassadors and social media buffs under one roof along […]
Sri Lanka’s first Permanent High Court at Bar ceremonially opens
Justice Minister Thalatha Athukorala on Tuesday ceremonially opened the Special Court established to expedite the cases that involve large-scale financial irregularities. This is Sri Lanka’s first Permanent High Court at Bar and the minister expects to establish another two for the same purpose.
Hirdaramani completes 1st stage of long-term Solar Panel Project
Celebrating 10 years since the opening of its flagship green facility Mihila, Asia’s first CarbonNeutral® Apparel factory, The Hirdaramani group this month is again paving the way with the installation of the largest Rooftop Solar installation in the Apparel Sector in Sri Lanka.The installations are part of the Suryadhanavi – meaning ‘generated from the sun’ […]
Sri Lanka to expand Electronic Document Attestation System to DS level
Aug 20, 2018 (LBO) – Sri Lanka is to expand Electronic Document Attestation System (e-DAS) of the Foreign Ministry to Divisional Secretariat level of the country. A Memorandum of Understanding was signed between the Ministries of Foreign and Home Affairs recently enabling the expansion of the system initially as a pilot project at 19 Divisional […]
Altair sponsors RCGC Open Golf tournament for 2ndsuccessive year
The best of Sri Lanka’s amateur and professional golfing talent will vie for the title of the country’s champion golfer when the 2018 edition of the RCGC Open tees off in partnership with Altair on 28th August. The tournament, taking place for only the second time in two decades, was revived last year after a […]
LAUGFS Gas Partners with Colombo City Centre as its exclusive LPG service provider
LAUGFS Gas has come into an exclusive arrangement with Colombo City Centre’s upcoming mall to provide LPG to all its restaurants and food outlets. With the development of Sri Lanka’s first Board of Investment (BOI) approved mixed-use development project, LAUGFS Gas, the only private sector energy player in the local LPG market, recently announced a […]