Category: Other
‘s exit from Indian Reserve Bank rattles investors
June 20, 2016 (LBO) – India’s Central Bank Governor Raghuram Rajan said in a letter on Saturday that he won’t serve past his term which ends in September, a reflection of a tense relationship with the government and their attempt to push him out the door. Rajan becomes the first RBI governor since India’s economic […]
Anuradhapura hosts sacred Buddhist relics from Pakistan
The Most Sacred Relics of Lord Buddha from Taxila Pakistan are currently being exhibited for general public in Thanthirimalaya Rajamaha Viharaya, Thanthirimalaya, Anuradhapura for two days on the occasion of Poson Full Moon Poya Day. The sacred relics include two holy bone relics of Lord Buddha, a golden casket containing the relics and a stone […]
BOE keeps benchmark rates, warns over Brexit
June 17, 2016 (LBO) – The Bank of England (BOE) left its benchmark bank rate unchanged at 0.50 percent and warned about the risks to growth and inflation from a decision to leave the European Union. The Bank has set the monetary policy to meet the 2 percent inflation target that helps to sustain growth […]
Shooting of British MP halts Brexit debate
June 17, 2016 (LBO) – The fatal shooting on Thursday of a British Member of Parliament, Jo Cox, an advocate for the U.K. to remain in the European Union, has temporarily silenced the debate over membership in the EU. All campaigning in the referendum was suspended after the first killing of a British member of […]
UNDP and Min of National Dialogue Partner to Promote Social Inclusion and Integration
Second Language Laboratory Declared Open in Agalawatte A new language laboratory was ceremonially opened by the Hon. Minister of National Co-Existence, Dialogue and Official Languages, Hon. Mano Ganesan together with United Nations Development Programme (UNDP) at the National Institute of Language Education and Training (NILET) in Agalawatte yesterday. The opening of this second laboratory is […]
Classic car club of Ceylon celebrates annual members’ day
Another successful event of the Classic Car Club of Ceylon was concluded recently, under the generous Sponsorships of SML Frontier Automotive (Pvt) Limited and McLarens Lubricants Limited (Sole Distributor for ExxonMobil Lubricants in Sri Lanka), who have maintained longstanding relationship with the Club. The Annual Member’s Day, which is much looked forward to, due to […]
Harim Peiris appointed as advisor to Foreign Minister
Harim Peiris received his official letter of appointment as Advisor to the Minister of Foreign Affairs on 15 June 2016 from Minister Mangala Samaraweera. Peiris is also Sri Lanka’s Point of Contact for the Open Government Partnership (OGP). Ministry of Foreign Affairs Colombo
Megapolis Plan to be institutionalized through Parliament: Mawilmada
June 16, 2016 (LBO) – The proposed Western Region Megapolis Plan will be institutionalized through an act of Parliament, in order to make sure it remains intact as a stable ‘national policy’ said Nayana Mawilmada, Head of Investment of the 40 billion dollar Megapolis project. Mawilmada revealed this, when he addressed the Main Committee of […]
US Fed leaves rates steady on slower labor market
June 16, 2016 (LBO) – The US Federal Reserve left its benchmark target for the federal funds rate steady at 0.25 to 0.50 percent, supporting further improvement in labor market conditions and a return to 2 percent inflation target. The Fed, the central bank of the United States, said the pace of improvement in the […]
Harsha de Silva delivers inaugural address at Gateway House
Dr. Harsha de Silva, Deputy Minister of Foreign Affairs of Sri Lanka visited Mumbai, to deliver the inaugural address at the Gateway of India Dialogue on 13 June 2016. The event were organised by the Gateway House; the only foreign policy think tank in Mumbai and the Ministry of External Affairs, India. In his address, […]
Somawansa passes away; Anura K issues condolence message
Former leader of the JVP Somawansa Amarasinghe (73) has passed away and the JVP politburo has issued a special condolence message. The leader of the JVP Anura Kumara Dissanayake said the former leader will remain in their hearts as a leader who fearlessly faced the struggle especially during the period of 1970’s and 80’s. Dissanayake […]
Huawei Y3II and Y5II to revolutionize entry range smartphone market in Sri Lanka
Reaches 23.3% Sri Lankan smartphone market share in Q1 2016 – GFK Reports Huawei, the fastest growing smartphone in Sri Lanka, announced the launch of two new entry level smartphones in Sri Lanka Y3II and Y5II from the Y Generation family of smartphones. The Y5II both 3G and 4G version is available from LKR 14,199 […]