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Plum Job
June 22, 2006 (LBO) – Sri Lanka Thursday appointed Ajith Nivard Cabraal as the governor of the Central Bank, president Mahinda Rajapakse’s office said in a statement. A chartered accountant by profession, Cabraal was earlier the secretary to the Plan and Implementation Ministry and a top economic advisor to Rajapakse. Cabraal succeeds businessman Sunil Mendis […]
‘s Minor International
June 22, 2006 (LBO) – Sri Lanka’s Hemas Holdings Ltd may partner with Thailand’s largest quoted resort and fast food operator Minor International Public Company Ltd., to develop hotels here. Minor International also manages properties in the Middle East and runs hotels in Thailand under international brands names like Anantara and J W Marriot. Both […]
Sweet Revenge
June 22, 2006 (LBO) – Sri Lanka announced plans to set up a special company to take over bad debts of state banks and revive the failed Pramuka Bank under a new tag – Sri Lanka Savings Bank, Treasury Secretary P B Jayasundara said Thursday. Last year, the four banks reported non-performing loans of around […]
Keeping Tabs
June 22, 2006 (AFP) – Sri Lanka Thursday announced plans to re-launch a state institution to investigate complaints against newspapers despite the existence of a similar operation run by editors.Media Minister Anura Yapa said the government decided to re-activate the state-run Press Council to work in parallel with the Press Complaints Commission (PCC), a private […]
Direct Orders
June 22, 2006 (LBO) – Sri Lanka Thursday said it will begin registering and regulating all broadcast satellite services, amidst the recent controversial shut down of three operators. œUnder a directive from the President, we will take measures to register satellite service providers and promulgate rules to regulate the services provided by satellite service providers, […]
‘t give them the time of day
LONDON, June 22, 2006 (AFP) – A new list of the most common nouns in the English language published in the latest Oxford dictionary reveals that English speakers are obsessed with time, Oxford University Press (OUP) researchers said Thursday.The word “time” topped the list, with “year” in third place and “day” in fifth position and […]
”’: Sri Lanka
June 22, 2006 (AFP) – Sri Lanka Thursday labelled as “impractical” a demand by Tamil Tiger rebels that European Union truce monitors on the troubled island be replaced within a month, saying more time was needed.“We are concerned that the LTTE has informed the Norwegian facilitator that the change…should be effected within one month, instead […]
Tamil Tiger faction recruiting more child soldiers: UNICEF
June 22, 2006 (AFP) – A breakaway faction of Tamil Tiger rebels has increased the recruiting of child soldiers, with 30 cases being reported in the past week alone, the UN Children’s Fund said Thursday.The agency called for the Sri Lankan government to take immediate action to halt the abduction and forced enlistment of children […]
Government non-committal on amending Sri Lankan truce
June 22, 2006 (AFP) – Sri Lanka’s government Thursday remained non-committal to demands that a failing ceasefire agreement be amended so as not to restrict truce monitoring to Nordic nations.“There have been no discussions on this issue,” said Media Minister Anura Yapa, adding, though, that a request by the Tamil Tigers to remove monitors from […]
Sri Lanka’s city development agency to issue a billion rupees in bonds
June 21, 2006 (LBO) – Sri Lanka’s Urban Development Authority (UDA) plans to raise a billion rupees in bonds to finance an office development project, top officials said Wednesday.The UDA will appoint a banking partner within the next two months, Jayaweera said, with an issue date to be fixed, perhaps for later this year.“We are […]