Oligarch Chat: Sumal wants to avoid tax, Harry wants Rs25bn, and Pathirage wants a dictator

September 2, 2018 (LBO) – As video clips move through traditional and social media, the public is abuzz about the comments made by some of Sri Lanka’s most powerful businessmen at the ‘Fireside Chat’ event last week at the Colombo Hilton. The event featured panelists: Dhammika Perera, Harry Jayawardena, Janak Hirdaramani, Merril Fernando, Sumal Perera […]

‘s oligarchs

August 31, 2018 (LBO) – Arguably Sri Lanka’s richest man, Dhammika Perera struck a patriotic tone at the recent “fireside chat” event at the Colombo Hilton. In a panel that comprised some of Sri Lanka’s most wealthy and influential businessmen (no women were on the panel), Perera stood out from the pack.  The panel included […]

Godahewa says CSE has tanked since he resigned as SEC Chairman

August 30, 2018 (LBO) – Former SEC Chairman Nalaka Godahewa has tweeted that the Stock Market in Sri Lanka performed much better when he was the head of the SEC.The tweet was met with opposition from several users who accused the former SEC Chairman of presiding over an era of pumping and dumping in the […]

USS Anchorage conducts exercise at sea with Sri Lankan Navy

The USS Anchorage joined the Sri Lankan naval ship Suranimila to conduct an exercise at sea on August 28. The exercise allowed the ships to improve each crews’ knowledge and strengthen a wide variety of seamanship skills critical to operating throughout a free and open Indo-Pacific region. During the exercise, multiple ships sailed in formation […]

US hands over a cutter to Sri Lanka making it the largest in SL Navy fleet

Aug 29, 2018 (LBO) – United States Coast Guard on Monday handed over a high endurance cutter, formerly the USCGC Sherman, to the Sri Lankan Navy in a ceremony.The ceremony presided over by Vice Admiral Sirimevan Ranasinghe, Commander of the Sri Lankan Navy, and Rear Admiral Michael Haycock of the US Coast Guard.The cutter, a […]

Japanese State Minister for Foreign Affairs to visit Sri Lanka, Pakistan this week

Aug 28, 2018 (LBO) – State Minister for Foreign Affairs of Japan, Kazuyuki Nakane will visit Sri Lanka and Pakistan this week, few days after Japanese Defense Minister visited Sri Lanka. The recent visit by Japanese Defense Minister Itsunori Onodera to India and Sri Lanka showed the increasing focus on these countries on the part […]

‘s novice geopolitical commentary advances conspiracy theories

August 25, 2018 (LBO) – Controversial former SEC Chairman and corporate executive Nalaka Godahewa has released a youtube video with his commentary on the recent visit of the Japanese Defence Minister and its geopolitical implications.In it he puts forward theories of geopolitical posturing by countries such as the United States, Japan, India and China with […]

US warship arrived in Trinco, location to be tested for air logistics hub concept

Aug 24, 2018 (LBO) – Amphibious transport dock USS Anchorage (LPD 23), with the embarked 13th Marine Expeditionary Unit (MEU) arrived in Trincomalee, Sri Lanka, for a scheduled port visit on Friday. An amphibious transport dock also called a landing platform/dock (LPD), is an amphibious warfare ship, a warship that embarks, transports, and lands elements of […]

Sri Lanka looks forward to work closely with new Premier of Pakistan

Aug 20, 2018 (LBO) – Sri Lanka’s head of state, President Maithripala Sirisena says he is looking forward to working closely with the newly elected Prime Minister of Pakistan Imran Khan, to further develop the historic partnership. Sending a diplomatic note, President Maithripala Sirisena said that he is confident that new Premier’s tenure of office will help […]

UK helps Sri Lanka to resettle 2,500 people in recently released lands in North & East

Aug 16, 2018 (LBO) – United Nations Development Programme in Sri Lanka recently entered into a partnership agreement with the UK to extend support for a sustainable resettlement project.The 1.3 million US dollars worth project will directly support more than 2,500 people returning to their lands recently released in Jaffna, Kilinochchi, Mullaitivu and Batticaloa Districts.The […]

Spending 640,000 rupees for a chair is not a big deal: WPC Chief Minister

Aug 14, 2018 (LBO) – Chief Minister Isura Devapriya says that it is not a big deal to spend 640,000 rupees for a chair in the Western Provincial Council as the council is rich with money. Addressing a gathering Chief Minister said that their newly built provincial council building is a 15-storey building with modern […]

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