Category: Other
Alok Sharma to take over Hugo Swire’s position as FCO Minister for Asia Pacific
Alok Sharma, MP for Reading West, has been appointed Under Secretary of State at the Foreign and Commonwealth Office with responsibility for Asia and the Pacific eventually taking over Minister Hugo Swire’s position in UK’s cabinet reshuffle. “I am honoured to have been appointed by the Prime Minister as Minister for Asia & the Pacific, hugely […]
CA Sri Lanka launches finance & accounting course for IT/BPO sector
The inaugural course of the groundbreaking qualification for the Finance and Accounting Outsourcing (FAO) sector launched by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), kicked off in July, with an aim to produce specialized professionals, who will give leadership to help Sri Lanka’s IT/BPO sector reach its ambitious goals of USD […]
BOC ranks among Top 1000 Banks in the World & No.1 in Sri Lanka
“The Banker” U.K Magazine revealed The Bank of Ceylon as the No. 1 Bank in Sri Lanka among the World’s Top 1000 Banks in its July 2016 issue. BOC has won many accolades and recognition in the recent past including the title as the “Strongest Bank” in the country given by the “Asian Banker” for […]
MR says Missing Persons Office will betray armed forces
Sri Lanka ex-president Mahinda Rajapaksa says the proposed bill to set up an office of missing persons has been designed to persecute armed forces. Releasing a media statement, the former President said that this is one of several institutions to be established ‘to deal with the past’ in terms of the UNHRC resolution that the […]
Sri Lanka Economic Summit to discuss struggles to tap agribusiness potential
‘The Sri Lanka Economic Summit 2016’ organized by the Ceylon Chamber of Commerce has allocated the ‘Session 6’ of the two day event to discuss why the country’s agriculture sector despite the vast promise is still punching below its weight. The session, titled ‘Commercial Agriculture – Tackling the Competitiveness and Political Challenges,’ will accordingly focus […]
Singapore leaders pledges support for Sri Lanka
Singapore President Tony Tan Keng Yam and Prime Minister Lee Hsien Loong have pledged to support Sri Lanka when they met Prime Minister Ranil Wickremesinghe today.
Bank of England expects to ease policy rates in August
July 18, 2016 (LBO) – The Bank of England has kept its policy rates unchanged while expecting to ease its monetary policy stance next month after receiving official data on Brexit. At its meeting ending last week, the Monetary Policy Committee has voted by a majority of 8-1 to maintain bank rate at 0.5 percent, […]
Asian growth steady despite weak global prospects, Brexit: ADB
July 18, 2016 (LBO) – Growth in Asia and the Pacific’s developing economies for 2016 and 2017 will remain solid as firm performances from South Asia, East Asia and Southeast Asia help offset softness from the US economy, and near-term market shocks from the Brexit vote, says a new Asian Development Bank report. In a supplement […]
Turkey cracks down after failed coup, 6,000 arrested
July 18, 2016 (LBO) – Turkey cracked down on suspected supporters of a failed military coup on Sunday, taking the number of people rounded up in the armed forces and judiciary to 6,000. President Tayyip Erdogan and the government accused former ally Muslim cleric Fethullah Gulen who is based in the U.S., of orchestrating the […]
Truck plows into crowd in France killing at least 77
July 15, 2016 (LBO) – A truck plowed into pedestrians during Bastille Day celebrations in the popular French seaside city of Nice on Thursday, leaving at least 77 people dead in what the nation’s president called “obviously a terrorist attack.” The deadly toll, which included several children, came after the truck slammed into revelers gathered […]
Sri Lanka Ports Authority launched project to create dengue free port
Sri Lanka Ports Authority today launched a special project to create a dengue free port. The inaugural program was held with the help of JCT employees of the Sri Lanka Ports Authority.
Voice Against Corruption lodges complaint over alleged coal scandal
The anti-corruption organization, Voice Against Corruption today handed over a complaint to the Anti Corruption Committee Secretariat about the alleged tender scandal in imported coal. Speaking to the media its convener Wasantha Samarasinghe said that those responsible should be taken to recover the losses.