K C Vignarajah writes letter to President Gotabaya Rajapaksa

H. E  President Gotabaya Rajapaksa,                                                                     31st Dec 2019. President, Democratic Socialist Republic of Sri Lanka, Presidential Secretariat, Colombo 1 Dear President, Congratulations, concerns & Best Wishes to uplift our motherland. I have the honour and humility to address you on matters where I have decades of experience, expertise, enterprise, & visionary zeal for the betterment of our beloved […]

Sri Lanka to be represented in World Business Angels Investment Forum

Dec 16, 2019 (LBO) – Talal Rafi, a Sri Lankan entrepreneur and consultant will be Sri Lanka’s representative to the World Business Angels Investment Forum (WBAF) and will be representing Sri Lanka at the WBAF World Congress in Istanbul, Turkey in February 2020 as well as in the Global Startup Committee. “The participation of Talal […]

Industry leaders comment on SME Board of Colombo Stock Exchange

Dec 02, 2019 (LBO) – The Empower SME Board of the Colombo Stock Exchange is a crucial medium when it comes to helping smaller companies attract investment and also for investors looking to invest in companies that are in their earlier stages. The Colombo Stock Exchange CEO Rajeeva Bandaranaike and industry experts Jeevan Gnanam, Talal […]

President appoints six-member committee to aid appointments at state institutions

Nov 29, 2019 (LBO) – The Presidential Secretariat appointed a six-member committee comprised of professionals under the directions of President Gotabaya Rajapaksa to submit recommendations on appointment of competent personnel to the Boards of Public Enterprises, Statutory Bodies and State-owned Commercial Businesses. The high-level committee headed by Sumith Abeysinghe, former Secretary to the Cabinet and […]

Sri Lanka’s Central Bank Governor to leave his post in December

Nov 25, 2019 (LBO) – Sri Lanka’s Central Bank Governor Indrajit Coomaraswamy is planning to leave his post in December, a foreign media report said. “I tended a letter of resignation on Nov. 4. It has nothing to do with elections and politics,” Coomaraswamy told Bloomberg. “It has been in the making since last year, […]

AmCham Sri Lanka launches “Meet the Candidate” series

The American Chamber of Commerce in Sri Lanka announced the ‘Meet the Candidate’ series, at which the main Presidential Candidates will be hosted at a forum designed to discuss and express their proposed policies. The first in this series will take place this Friday, October 11 at the Hilton Colombo, with Sajith Premadasa, Presidential Candidate, […]

Esala Weerakoon approved as next secretary-general SAARC

Oct 07, 2019 (LBO) – The informal meeting of the council of ministers of the South Asian Association for Regional Cooperation (SAARC) held in New York last week has approved the nomination of former Foreign Secretary and senior career diplomat Esala Weerakoon, to be the 14th Secretary General of the association. The office will come […]

Kumar Sangakkara takes office as first non-British President at Lords

October 1, 2019 (LBO) – Press Release: www.lords.org ONE OF THE ALL-TIME LEGENDS OF CRICKET, KUMAR SANGAKKARA, TODAY TAKES UP HIS ROLE AS PRESIDENT OF MARYLEBONE CRICKET CLUB. The former Sri Lankan international is the first non-British President of MCC and will hold the post for one year. His nomination was announced by the outgoing President, Anthony […]

Economist Deshal de Mel rejoins Sampath Bank Board

September 27, 2019 (LBO) – Economist Deshal de Mel has been appointed as an Independent Non-Executive Director to the board of Sampath Bank. De Mel perviously served as a Director from 2012-2017, after which he resigned to take up a position as an Economic Advisor in the Ministry of Finance. After leaving his position at […]

IMF Executive Board selects Kristalina Georgieva as Managing Director

The Executive Board of the International Monetary Fund (IMF) today selected Kristalina Georgieva to serve as IMF Managing Director and Chair of the Executive Board for a five-year term starting on October 1, 2019. Ms. Georgieva, who succeeds Christine Lagarde, is the first person from an emerging market economy to lead the IMF since its […]

Economist Deshal de Mel joins Verité Research

September 24, 2019 (LBO) – Press Release Former Advisor to the Finance Minister and economist Deshal de Mel joined Verité Research as a Research Director this month. Prior to joining Verité, Deshal functioned as the Economic Advisor to Minister of Finance Hon. Minister Mangala Samaraweera. Deshal has held advisory positions in both the private and […]

UNP internal crisis shows real democracy exists within party: Sajith

Sep 10, 2019 (LBO) – United National Party Deputy Leader, Minister Sajith Premadasa says that although some internal crisis are seen inside the party to those who are not well-versed in democracy, it is really the party exercising true democracy. “Certain factions are attempting to emphasize that there is a division within the UNP with […]

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