Ranil challenges Mahinda to prove majority in Parliament
Oct 26, 2018 (LBO) – Ranil Wickremesinghe on Friday night challenged Mahinda Rajapaksa to prove the majority in Parliament in order to resolve the …
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Ranil – I am still the PM, I have majority in Parliament
October 26, 2018 (LBO) - Letter from PM to President saying he is still PM and commands the confidence of
Sagala – This is a breakdown of Democracy, the very thing we fought so hard for
October 26, 2018 (LBO)
Mangala says appointment of Mahinda as PM unconstitutional
Oct 26, 2018 (LBO) – Finance Minister Mangala Samaraweera says the appointment of Mahinda Rajapaksa as the Prime Minister is unconstitutional and …
Former President Mahinda Rajapaksa sworn in as Prime Minister of Sri Lanka
Oct 26, 2018 (LBO) – Former President Mahinda Rajapaksa on Friday took oaths as the new Prime Minister of Sri Lanka before President Maithripala …
Parliament passes resolution to raise Rs.310Bn under Active Liability Mgmt
Oct 26, 2018 (LBO) – Sri Lanka’s Parliament on Friday passed a resolution to raise up to 310 billion rupees by way of loans, in or outside Sri …
Virtusa Sri Lanka’s Madu Ratnayake appointed an Independent Director of HNB
Oct 26, 2018 (LBO) – Group CIO and the Center Head for Virtusa Sri Lanka Madura Duminda Ratnayake has been appointed as an Independent …
John Keells Holdings (JKH) moving higher, up over 10% from multiyear lows
October 26, 2018 (LBO) - Shares in Colombo Stock Exchange (CSE) bellwether John Keells Holdings (JKH) have been in rally mode since touching …
EU Ambassador appreciates progress being made to resolve investor issues
Oct 26, 2018 (LBO) – EU Ambassador Tung-Lai Margue participating in the 7th Edition of EU Dialogue that was held last week, has appreciated the …
ADB provides USD50mn for Sri Lanka’s health system enhancement project
Oct 26, 2018 (LBO) – Government has mobilized Grant and Concessional Loan assistance amounting to 50 million US dollars from the Asian Development …
Colombo District Land Price Index shows 16-pct increase despite rebasing
Oct 26, 2018 (LBO) – Land prices in the Colombo District during the first half of this year has recorded an increase of 16.3 percent compared to …
Sri Lankan media ownership laid bare with new transparency tool
October 26, 2018 (LBO) - Reporters without Borders and Sri Lanka's Verite Research have launched a web portal that aims to inform the public about …
Sri Lanka reiterates that Colombo East Terminal will not be given to any country
Oct 25, 2018 (LBO) – East terminal of Sri Lanka’s busiest Colombo port will not be given to any other country as it is being developed by the Sri …
Colombo Stock Exchange withdraws trading suspension on Adam Investments
Oct 25, 2018 (LBO) – Colombo Stock Exchange says the proposed trading suspension of the securities of Adam Investments will not be effective from …
Finance Ministry launches dedicated hotline for Enterprise Sri Lanka
Oct 25, 2018 (LBO) – Sri Lanka’s Finance Ministry has introduced a call center and a hotline number 1925 to assist and resolve issues faced by …
Blue Ocean Group lays foundation stone for yet another luxury condominium
Blue Ocean Group is pleased to announce yet another iconic luxury condominium project at No.35, Ramakrishna Road, Wellawatte, and the foundation …
Harsha salutes Dumindra Ratnayake, critical of his removal as BOI Chairman
October 25, 2018 (LBO) - State Minister of National Policies and Economic Affairs Dr. Harsha de Silva used a Facebook post to praise the former …
Musical Chairs – Hemasiri Fernando to Chair the BOI
October 24, 2018 (LBO) - Presidents Chief of Staff and former People's Bank Chairman Hemasiri Fernando will become the Chairman of Sri Lanka's Board …
Let us make this a starting point to double our revenue from tourism: PM
Oct 24, 2018 (LBO) – Sri Lanka should make Lonely Planet’s appreciation as a starting point to double the revenue from tourism, Prime Minister …
Opinion: Who are President Maithripala Sirisena’s advisors? Rukman Senanayake should be one of them
October 21, 2018 (LBO) - The drama over the dissolution of the boards of directors of the Board of Investment (BOI), Bank of Ceylon (BOC), and …
President appoints Sujatha Cooray as Chairperson of People’s Bank
October 24, 2018 (LBO) - President Maithripala Sirisena has appointed long time public servant Sujatha Cooray as the Chairperson of People's Bank …
CBSL Deputy Governor C. J. P. Siriwardena appointed Commissioner General of Inland Revenue
October 23, 2018 (LBO) - Central Bank of Sri Lanka Deputy Governor Mr. C. P. J. Siriwardena has been appointed as Commissioner General of Inland …
Two weeks not enough to place EOIs for Hyatt and Hilton Hotels: Vasudeva
Oct 23, 2018 (LBO) – Sri Lanka’s government should extend the time period given to investors to place Expressions of Interests (EOIs) for the …
Delegation from State Department observes US funded demining activities
A delegation from the U.S. Department of State’s Office of Weapons Removal and Abatement visited Sri Lanka from October 8 to 12, 2018 to observe U. …