Category:
” in Sri Lanka
COLOMBO, August 25, 2013 (AFP) – The UN’s top rights official began her visit to Sri Lanka Sunday by brushing aside criticism that she overstepped her brief and vowing to raise human rights concerns with Colombo.Navi Pillay, who has previously called for a war crimes investigation against Sri Lanka, said she was only holding it […]
‘s aims high in becoming easier place for business: CB Governor
Aug 26, 2013 (LBO) – Sri Lanka aims to be among the 30 easiest places to do business in the world by 2016 and maintain stable economic conditions comparable to advanced nations, Central Bank Governor Nivard Cabraal said.Sri Lanka which was at one time ranked around 100 in a ease of doing business indicator compiled […]
China firm seeks to investments in power, waste management in Sri Lanka
Aug 26, 2013 (LBO) – Aerospace Long-March International, a Chinese state firm is seeking joint ventures in power and waste disposal, Sri Lanka’s economic development ministry said.The company is already involved in Sri Lanka’s Lotus Tower project. A team led by the firm’s President Guo Zhaoping had met Sri Lanka’s economic development minister Basil Rajapaksa. […]
Century
Aug 25, 2013 (LBO) – Sri Lanka’s Hambantota port has welcomed its 100th roll-on-roll-off car carrier this month when ‘Istra Ace’, a vessel operated by Mitsui OSK Line called at the port.Sri Lanka Ports Authority said it started handling car carriers at the port on June 2012. SLPA chairman Priyath Wickrama said the port has […]
” Pakistan cricket film hits cinemas
KARACHI, August 23, 2013 (AFP) – A Pakistani film about a boy emulating the fairytale career of cricket star Shahid Afridi hit cinemas Friday despite objections from the player over “obscene” scenes he fears could damage his image. The $1 million Pakistan-made movie “Main Houn Afridi” (“I am Afridi”) tells the story of a young […]
UN rights chief in Sri Lanka on fact finding mission
August 25, 2013 (AFP) – The UN’s top rights official begins a fact-finding mission to Sri Lanka on Sunday after the government dropped public hostility towards her and promised access to former war zones.Navi Pillay, who has previously been accused by Colombo of overstepping her mandate, is on a week-long mission that will include talks […]
Bollywood Sri Lanka war film pulled in UK, south India
MUMBAI, August 24, 2013 (AFP) – A Bollywood spy thriller set against the backdrop of the Sri Lankan civil war has been pulled from British and some Indian theatres after protests over its depiction of rebel fighters, the movie’s distributors said Saturday. The bloody conflict in Sri Lanka, which cost up to 100,000 lives, erupted […]
Court Order
COLOMBO, August 23, 2013 (AFP) – A Sri Lankan court Friday lifted a ban on the sale of milk products of New Zealand dairy giant Fonterra which has been under pressure over a global botulism scare. A New Zealand government website says DCD is not toxic and poses no food safety risks but Sri Lanka’s […]
Threatened
COLOMBO, August 24, 2013 (AFP) – Five armed men held a Sri Lankan newspaper editor at knifepoint as they searched her home on Saturday before police burst in and shot one of the intruders dead, officials said.The latest incident came a day ahead of a fact-finding mission to the island by the UN’s human rights […]
Separate
August 23, 2013 (AFP) – Sri Lanka’s president has bowed to international pressure and relinquished the defence ministry’s authority over the police department, an official said Friday. President Mahinda Rajapakse has created a new ministry for law and order, and placed it in charge of the 80,000-strong police which had been overseen by the defence […]
‘s bond road show to begin on Aug 26
Aug 23, 2013 (LBO) – Sri Lanka’s state-run National Savings Bank will kick off a road show from August 26 to sell a dollar bond depending on market conditions, market sources said.Bloomberg newswires said investor meetings will be held in New York, Boston, Los Angeles, London and will wrap up on September 03 in Singapore. […]
”’ by Fitch
Aug 23, 2013 (LBO) – Sri Lanka’s state-run National Savings Bank’s planned dollar denominated bond has been given an expected rating of ‘BB-‘ by Fitch Ratings. “Fitch believes that the issue of the notes by NSB is closely linked with government policy requirements,” the rating agency said. The proceeds are likely to be used to […]