Category: Other
“India will always be a dependable partner and reliable friend to Sri Lanka” says EAM Dr. S. Jaishankar
Visiting Minister of External Affairs of India Dr. S.Jaishankar held bilateral talks with Foreign Minister Dinesh Gunawardena yesterday and discussed multiple areas of bilateral cooperation was taken up, including economic, financial, trade and investment cooperation, cultural exchanges, defence and security, development cooperation as well as Covid 19 pandemic response. Both sides agreed to continue the […]
Global economy to expand by 4-pct in 2021: World Bank
Jan 06, 2021 (LBO) – The global economy is expected to expand 4% in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. A recovery, however, will likely be subdued, unless policy makers move decisively to tame the pandemic and implement investment-enhancing reforms, the World Bank says in its January 2021 Global […]
Tribute: Ladies College girl Viola Welikala (1920-2021)
January 5, 2021 (LBO) – 100 years is a time period of significance. In the last century people have seen world war, slavery, colonialism, apartheid, nuclear bombs invented and used, the emergence of technology, mobile phones, the internet, and most recently a global pandemic that shuttered the world and will soon have claimed the lives […]
Utilizing recyclable PET plastic waste: Towards a circular economy
By Dr. Anush Amarasinghe “Reduce, reuse, and recycle”- a household phrase you’ve probably heard over and over again either through school, from awareness campaigns or even on TV. This commonly used phrase is one expected to enthusiastically and optimistically drive the mind-sets of those listening, to essentially do the right thing and help efforts to […]
68,000 Sri Lankans awaiting return: Foreign Secretary
Despite the worsening global situation triggered by the Covid pandemic, the process of repatriation of Sri Lankans, one of the most pressing challenges at hand has been judiciously spear headed by the Foreign Ministry under the directive of Minister Dinesh Gunawardana, enduring insurmountable challenges overseas amid lockdowns, isolations, curfews and closure of air space, to ensure swift return of Sri Lankans who are in distress. Since the evacuation of 33 students from Wuhan City, in February 2019, the Ministry has been carrying out the task of repatriation for almost a year now and […]
Sri Lanka to launch e-Land Registration programme by August
Jun 30, 2020 (LBO) – Sri Lanka’s e-Land Registration programme is expected to launch by August this year with the support of the Information & Communication Technology Agency (ICTA), President’s Media Division said. Under this programme, an e-Passbook will be issued for the lands registered under the e-Land Registration system. With the new registration programme, […]
We are pleased to contribute towards MCC review committee: Bar Association of Sri Lanka
Jun 29, 2020 (LBO) – Bar Association of Sri Lanka (BASL) says that they are pleased to have contributed towards the final conclusions of the committee appointed to review the MCC. “We are pleased to note that a number of concerns highlighted in our observations have been recognized by the Special Committee,” the BASL said […]
‘s Bank set to boost SMEs with Rs. 15bn allocation for loans at 6-pct
In line with the Government’s development programme and with the aim of uplifting the small and medium businesses adversely affected by the COVID-19 pandemic, People’s Bank has introduced a special loan scheme with an interest rate of just 6%. The Bank has allocated Rs. 15 billion for this purpose. The unexpected impact of the COVID-19 […]
Enactment of Microfinance & Credit Regulatory Authority law vital: CBSL
Jun 26, 2020 (LBO) – Central Bank reiterates the requirement for the enactment of a legal framework to regulate unregulated moneylending activities so that a better and more effective regulatory environment is crated for money lending institutions in the future. Releasing a statement, the bank said the need for the enactment of the proposed Microfinance […]
Sri Lanka inaugurates new ADB funded COVID-19 test lab
Jun 25, 2020 (LBO) – The Asian Development Bank (ADB) has funded the construction and equipment of a new molecular polymerase chain reaction (PCR) laboratory at the Colombo East Base Hospital to support Sri Lanka in its response against the coronavirus disease (COVID-19) pandemic. The facility was declared open by Minister of Health and Indigenous […]
President wants media to help preserve national identity and cultural values
Jun 24, 2020 (LBO) – President Gotabaya Rajapaksa highlighted the necessity of right media practice that helps preserving Sri Lankan identity and cultural values. He made this comment during a progress review meeting with the Independent Television Network(ITN) at the Presidential Secretariat yesterday. The changes that should be made to create a new television culture […]
South Asia Textiles to export new fabric tested against COVID to United States
South Asia Textiles Limited, a leading Sri Lankan textile manufacturer specialized in producing exceptional quality weft knitted fabric for leading brands across the globe and HeiQ Materials AG, a Swiss based global leader in textile innovation creating some of the most effective, durable and high-performance textile technologies currently available across the world, are collaborating to […]