Category: Other
Govt intervention in Colombo tea auction detrimental to sector: Fitch
Nov 17, 2015 (LBO) – Sri Lanka’s government intervention into the Colombo tea auction will be detrimental to the sector as it will make Sri Lankan tea less competitive in a global market that is over-supplied, Fitch Ratings said. The Sri Lankan government in October 2015 allocated 1.0 billion rupees to purchase tea at the […]
Ceylon Chamber to host post budget seminar
The Ceylon Chamber of Commerce will hold its customary post national budget seminar on the 27th November, 2015 with the participation of a top panel, which will consist of high ranking officials from the Ministry of Finance and also taxation specialists. The event, which will be held at the Ceylon Chamber of Commerce auditorium will […]
High Commissioner Esala Weerakoon presents Credentials to Indian President
High Commissioner of Sri Lanka to India Esala Weerakoon presented Credentials to the President of India Pranab Mukherjee at Rashtrapathi Bhavan in New Delhi on Friday, 13 November 2015. High Commissioner Weerakoon is a senior career diplomat. Since he joined the Sri Lanka Foreign Service in 1998, he has served as Ambassador to Norway, High […]
SriLankan swimmers jubilant at Mercantile Swimming Championship
SriLankan Airlines’ Swimmers bagged a total of 32 gold medals, 21 silver medals and 17 bronze medals at the recently concluded Mercantile Swimming Championship 2015. SriLankan swimmers faced fierce competition from swimmers from leading corporate organizations in the country as a total of 550 swimmers representing 32 associations showcased their talents at the event.SriLankan Airlines […]
Comtrust Equity Fund up 9.6 pct for six months, outperforms ASPI
Comtrust Equity Fund, a Balanced Fund investing in both equity and fixed income, rose 9.6% for the six months ended 30 September 2015, recording an over performance of 6.2% vs. the benchmark All Share Price Index (ASPI), which rose 3.4% during the same time period. The Fund also beat the more liquid S&P SL20 index […]
‘s Foreign Minister in Singapore
Foreign Minister Mangala Samaraweera met Singapore’s Foreign Minister Vivian Balakrishnan at the Foreign Ministry in Singapore on Friday the 13th.
Sri Lanka on UNESCO executive board
Nov 16, 2015 (LBO) – Sri Lanka has been elected to the executive board of the United Nations Educational Scientific and Cultural Organisation (UNESCO) during the 38th General Conference in Paris, the foreign ministry said. “Sri Lanka was one of six countries that qualified to serve on the Executive Board from the Asia and Pacific Group […]
At least 127 people killed in Paris shootings, blasts
Nov 14, 2015 (LBO) – At least 127 people have been killed in gunfire and blasts including a possible suicide bombing in Paris, officials said. Terrorists armed with AK-47s and some reportedly with bombs strapped to them attacked locations throughout the French capital and at a stadium where a soccer match was being played. Five […]
‘s Sugar, Cement, Pharmaceuticals, Dairy and IT sectors
A high powered Business Delegation from Pakistan led by Hon. Khurram Dastigir Khan, Minister of Commerce of Pakistan visiting Sri Lanka and met with the State Minister of International Trade Hon. Sujeewa Senasinghe at the BOI. Senior officials from the BOI and the officials from the Respective Ministries and Departments participated at these meetings with the purpose of […]
Acting Chief Justice takes oaths
Senior Supreme Court Judge, Justice Priyasad Dep took oaths as the Acting Chief Justice before President Maithripala Sirisena at the Presidential Secretariat today (12). Secretary to the President P. B. Abeykoon was also present at this occasion.
Need to re-double efforts to achieve USD1bn bilateral trade target
The Federal Minister for Commerce Engr. Khurram Dastgir Khan called on Sri Lankan President Hon. Maithripala Sirisena at President’s Secretariat last evening.The Minister for Commerce was accompanied by High Commissioner of Pakistan in Sri Lanka Maj. Gen. (R) Syed Shakeel Hussain, Deputy High Commissioner Dr.Sarfraz Sipra and Director Ahsan Riaz Chaodhry. The Sri Lankan Minister […]
Future diplomats visit ‘Colombo Tea Auction’
A group of new Foreign Service recruits visited the Colombo Tea Auction recently as a part of their induction program. The group of new recruits numbering to over 20 was led Mrs.Pamela J. Deen, Director General of the Bandaranaike International Diplomatic Training Institute, which conducts the ‘Intensive Induction Program’ on new recruits to the Foreign […]