Author: lbostgadmin
Sri Lanka president urges free and fair poll
January 25, 2010 (AFP) – Sri Lanka’s president vowed Monday to ensure the island’s first post-war presidential election goes off peacefully after deadly violence and opposition claims the ruling party was plotting a coup. Fonseka’s side said Sunday there was evidence of a coup plot by Rajapakse’s ruling party to try to hold on to […]
Sri Lanka Navy ship as floating venue
Jan 25, 2010 (LBO) – A refurbished troop transport is being hired out as a conference and wedding venue by the Sri Lanka Navy in a joint move with the island’s tourist promotion agency, officials said. The ship is being marketed as a venue for weddings, conference and corporate events. The ship can be booked […]
Peace Banking
Jan 25, 2010 (LBO) – Sri Lankan banks have opened 25 branches in former war torn areas in the north and the east of the island since the end of an internal conflict, while the Central Bank has given the nod for another 53 branches, an official said. A 30-year war with Tamil Tiger separatists […]
Sri Lankan stock close 0.64-pct up
Jan 25, 2010 (LBO) – Sri Lanka stocks up closed 0.6 percent higher Monday ahead of presidential polls tomorrow despite heavy foreign selling and index-heavy John Keells Holdings reporter strong results for the December quarter, brokers said. The All Share Price Index closed at 3,554.45, up 0.64 percent (22.72 points), while the Milanka index of […]
Tense peace reigns as Sri Lanka heads to polls
January 24, 2010 (AFP) – War-scarred Sri Lanka holds a peace-time presidential election this week after a bitter and highly personal campaign between the architects of the crushing of an almost four-decade-long insurgency. President Mahinda Rajapakse will face his former army chief Sarath Fonseka on Tuesday in an intriguing contest between two men who were […]
Lawmaker bids to make Nepal gay tourism destination
KATHMANDU, January 24, 2010 (AFP) – Nepal will this year play host to a royal wedding with a difference when an openly gay Indian prince marries his partner at a Hindu temple in Kathmandu. The ceremony is the start of what Nepalese lawmaker Sunil Babu Pant hopes will become a lucrative business for his country, […]
Sri Lanka opposition warns of violence ahead of vote
January 23, 2010 (AFP) – Sri Lanka’s opposition warned on Saturday of possible vote-rigging and violence by the ruling party ahead of next week’s presidential election as both sides wound up campaigning. Ahead of the final rallies later on Saturday, opposition candidate Sarath Fonseka predicted that the ruling party, led by President Mahinda Rajapakse, would […]
Arms Dealing
WASHINGTON, January 23, 2010 (AFP) – A New York court sentenced two men to 14 and 26 years in prison Friday for providing support to the Tamil Tigers separatist group, the Justice Department said Friday. Government troops killed the LTTE leadership and declared the total annihilation of the separatist guerrillas on May 18, ending Asia’s […]
Sri Lankan tea output down in 2009 despite year end rally
Jan 23, 2010 (LBO) – Sri Lanka’s tea production was fell 9.0 percent to 289.77 million kilograms in 2009, despite a sharp recovery in output in the latter part of the year amid surging prices. In December tea output rose 29.5 percent to 25.1 million kilogram from a year earlier. Orthodox black tea, which is […]
Liquidation Status
Jan 23, 2010 (LBO) – Sri Lanka’s central banks says depositors of several failed financial firms are being settled according to court directions and others could be settled with Treasury bills when assets are identified. (ii) Finance and Guarantee Property Development Company (Pvt.) Ltd. and F&G Real Estate Company Ltd: The Court has directed the […]
Bomb attack in Sri Lanka capital ahead of vote
January 22, 2010 (AFP) – A key opposition activist in Sri Lanka was targeted at home by a bomb early Friday, police said, despite tighter security ahead of next week’s presidential election. Ban urged all Sri Lanka parties and their supporters “to show restraint and refrain from violence, to adhere to the electoral laws and […]
‘s eye
Jan 22, 2010 (LBO) – Sri Lanka’s upcoming presidential polls will be monitored by around 40 observers representing the Association of Asian Election Authorities (AAEA), a Taiwan based body, officials said. The Asian observers had come on an invitation extended by elections chief Dayananda Dishanayake, Pan Wel-Ta, Taiwanese election commissioner, who is heading the mission […]