Category: Other
Secretary of the Ministry calls in High Commissioner of Malaysia
(Press Release) – The Secretary of the Ministry of Foreign Affairs called in the High Commissioner of Malaysia to the Ministry of Foreign Affairs to express the condemnation of the Government of Sri Lanka, on the assault carried out by a group of persons yesterday Sunday 4 September 2016, on Sri Lanka’s High Commissioner to […]
WHO certifies Sri Lanka malaria-free
(PRESS RELEASE) – Colombo, 5 September 2016: In a remarkable public health achievement, Sri Lanka was today certified by WHO on having eliminated malaria, a life-threatening disease which long affected the island country. “Sri Lanka’s achievement is truly remarkable. In the mid-20th century it was among the most malaria-affected countries, but now it is malaria-free. […]
Finance Ministry to facilitate purchasing system for farmers
Sep 06, 2016 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake said that the government has taken steps to drive the traditional agriculture based economy into manufacturing economy with foreign investments that create one million job opportunities in times to come. “It is needed to shift the policy of protectionism given for agricultural produce into […]
Advantis extends port side logistics support to USS Frank Cable
Sept 06, 2016 (LBO) – Advantis Marine, the marine services arm of Hayleys Advantis Limited, said it has offered end-to-end port side logistics support to the USS Frank Cable (AS-40) submarine tender vessel during its recent refueling and port visit to Sri Lanka. Advantis provided all port agency and husbandry services to the vessel while […]
‘s Lagarde urges action to deliver on G20’s Hangzhou commitments
Sept 06, 2016 (LBO) – Christine Lagarde, Managing Director of the International Monetary Fund (IMF), called on the leadership of the Group of 20 (G20) to implement plans for economic growth through monetary, fiscal and structural adjustments, and for the wider sharing of this growth, after Summit in Hangzhou, China. “I would like to warmly […]
‘s exports to Sri Lanka up 44-pct in 1H 2016
Malaysia’s exports to Sri Lanka jumped 44 per cent to RM414.05 million in the first half of the year, up from RM286.23 million in the same period last year. Plantation Industries and Commodities Minister (Malaysia) Datuk Seri Mah Siew Keong said the increase was largely contributed by palm oil products valued at RM267.71 million, as […]
Ban Ki-moon sees development, commends steps towards reconciliation
Sept 05, 2016 (LBO) – UN Secretary General Ban Ki-moon said he had seen economic development in the island since his last visit in 2009, and commended steps taken by the government to promote reconciliation. “I visited the North of the country Jaffna, today, and saw an enormous contrast with my experience there in 2009. […]
Sri Lankan High Commissioner in Malaysia beaten up at airport
Sept 05, 2016 (LBO) – The Sri Lankan High Commissioner in Malaysia, Ibrahim Sahib Ansar, was beaten up by a group of LTTE supporters at the Kuala Lumpur airport after he refused to divulge the whereabouts of former Sri Lankan President Mahinda Rajapaksa who is on a visit to Malaysia, media reports said. According to […]
CDS celebrates 25 years in Sri Lankan capital market
Central Depository Systems (Pvt) Ltd (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), celebrates 25 years in the Sri Lankan Capital Market today. The CDS was established by the CSE in 1991, marking a historic breakthrough in clearing and settlement in Sri Lanka. The milestone was celebrated at a market opening ceremony […]
NDB opens trading for September at Colombo Stock Exchange
National Development Bank PLC (NDB) rang the Opening Bell to commence trading at the Colombo Stock Exchange (CSE) for the month of September and recognized the capital market as a key contributor to the growth of the Bank over the years. Director/Chief Executive Officer of NDB Mr. Rajendra Theagarajah stated “NDB is a classic example […]
UNSG meets President, Speaker of Parliament and political party leaders
The President, the Speaker of the Parliament and other leaders of political parties met with the visiting United Nations Secretary General Ban Ki-moon in Colombo.
Fitch affirms Citibank Colombo branch at AAA(lka); outlook stable
Fitch Ratings has affirmed Citibank N.A.Colombo Branch’s (CitiSL) National LongTerm Rating at ‘AAA(lka)’. The Outlook is Stable. KEY RATING DRIVERS CitiSL’s rating is the highest on the National Rating scale and reflects the credit profile and financial strength of Citibank, N.A. (A+/Stable). Citibank, N.A.’s rating is higher than Sri Lanka’s LongTerm Localand ForeignCurrency Issue Default Ratings of ‘B+/Negative’, and as a result […]