Ex-Facebook exec Chamath Palihapitiya’s venture firm is ‘imploding’: Report
Sept 10, 2018 (LBO) – Palo Alto-based venture capital firm Social Capital is "imploding," according to a report in Axios by the venture capital reporter Dan …
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Jack Ma releases letter on retirement/transition from Alibaba
September 10, 2018 (LBO) - Alibaba Executive Chairman Jack Ma released a letter to shareholders announcing his planed transition, and eventual exit from the …
Cigarette smuggling still booming, fuelling criminality: report
Smuggled market share is around 14 to 18% for cigarettes, which translate to 500 to 700 million sticks. A 40-foot container of smuggled cigarettes can add up …
Elon Musk rattles the markets with 2 hour long interview; Video embedded
September 9, 2018 (LBO) - Elon Musk sent shockwaves through the markets after his interview with infamous podcaster Joe Rogan. online pharmacy buy diflucan …
Hanaa Singer assumes duties as UN Resident Coordinator in Sri Lanka
Sept 07, 2018 (LBO) – Hanaa Singer, presented her credentials to President Maithripala Sirisena as the new United Nations Resident Coordinator and United …
CA Sri Lanka launches auditing standard for Non Specified Businesses; first in South Asia
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), recently launched the Sri Lanka Auditing Standard (SLAuS) for the Audits of Non – …
Fitch assigns Co-operative Insurance first-time BBB+(lka) rating
Fitch Ratings has assigned Sri Lanka-based Co-operative Insurance Company Limited (CICL) a National Insurer Financial Strength (IFS) Rating and National …
Female founders introduce a solution to all parking problems at Disrupt Asia
Park and Pay was crowned the winner of Start-up battle at Disrupt Asia 2018, Sri Lanka's Premier Start-up Conference and Innovation Festival, which took place …
India’s Supreme Court strikes down gay sex ban, Sri Lanka’s ban remains in place
September 6, 2018 (LBO) - A five judge bench in India's Supreme Court has struck down a colonial era ban of gay sex. There has been an explosive reaction to …
amanté launches AW’18 collection
Walk in fairy dust and moonlight with amanté’s new collection ‘Starry Tales’, launching this September. Inspired by the dreamy satin textures and …
Ronan Keating at Chena Huts by Uga Escapes
While Boyzone’s concert was building hype and highlight around the music enthusiasts of the country, the band member Ronan Keating has decided to enjoy the …
Palm oil industry association launched to advocate sustainable growth in Sri Lanka
Sept 04, 2018 (LBO) - Sri Lanka's Oil Palm industry has formally inaugurated an industry association under the aegis of the Ceylon Chamber of Commerce to …
Kiteboarding’s KTA Asian Freestyle Championships come to Kalpitiya
September 3, 2018 (LBO) - Media Release The KTA, Asia’s long established kiteboard competition organisation is heading to Sri Lanka to bring the country's …
BIMSTEC leaders decide to rationalize organization
Sept 03, 2018 (LBO) - The Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC) leaders, at the conclusion of the 2018 …
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' …
Opinion: Pulling back the curtain on privatization of Sri Lanka’s plantation sector
Dr. Romesh Bandaranaike shares his unique perspective of Sri Lanka’s plantations With the fate of Sri Lanka’s plantation industry continuing to remain as a …
Sri Lanka to receive BIMSTEC Chairmanship; President to lead Sri Lanka delegation
Aug 28, 2018 (LBO) – President Maithripala Sirisena will lead the Sri Lanka Delegation to the 4th Summit of the Bay of Bengal Initiative for Multisectoral …
Former US presidential candidate, Senator John McCain dies at 81
Aug 26, 2018 (LBO) – United States senator and former presidential candidate John McCain died Saturday after losing a battle to brain cancer, at the age of …
Australian PM Malcolm Turnbull ousted, Scott Morrison to replace him
Aug 24, 2018 (LBO) – Former treasurer Scott Morrison is to become Australia’s sixth Prime Minister in 11 years, prolonging an era of extraordinary …
Moody’s expects Brent spot price to average around USD72 per barrel in 2018
Aug 23, 2018 (LBO) – Moody’s Investors Service expects crude oil price to remain elevated in the near term but to moderate over the medium term. Releasing …