Category:
Guiding Hand
Jan 10, 2013 (LBO) – Sri Lanka’s EDEX 2013 exposition will showcase career and further education opportunities for school leavers with over 350 employers and educational institutes exhibiting, officials said.The exhibition will be held from18 to 20 January in Colombo 25 to 26 January in Kandy. The exhibition will have over 200 foreign universities from […]
Resting Request
COLOMBO, Jan 10, 2013 (AFP) – Distraught family members of a Sri Lankan maid beheaded in Saudi Arabia have asked for her remains to be flown home, a family friend said Thursday, amid growing anger at the execution. The family of Rizana Nafeek was in shock after hearing of Wednesday’s beheading and was pleading with […]
Sovereignty
Jan 10, 2013 (LBO) – The Employers’ Federation of Ceylon a grouping of large firms has called for rule of law to be respected ahead of an expected impeachment of the chief justice by parliament which has been declared illegal and unconstitutional by courts.The EFC, an 83 year old body said the sovereignty of the […]
‘ Call
Jan 10, 2013 (LBO) – Friday Forum, a grouping of citizens have called upon Sri Lanka’s President Mahinda Rajapaksa to respect the law and abide a court ruling on a planned impeachment of the country’s chief justice.“We urge that your Excellency, as Head of State, recognize and act according to the accepted norm that court […]
Impeachment
Jan 10, 2013 (LBO) – Sri Lanka is to go ahead with the impeachment of chief justice Shirani Bandaranayake amid protests from lawyers as well as opposition parties after courts ruled that a parliamentary probe and its findings were illegal.The chief justice had petitioned court saying she was denied due process. Courts had also ruled […]
Sri Lanka business chambers warn against CJ impeachment
Jan 10, 2013 (LBO) – A move by Sri Lanka’s ruling coalition to impeach chief justice Shirani Bandaranaike through a controversial process which was decided as illegal by courts will harm the country, key business chambers said. She has denied the charges and expressed willingness to face a tribunal where rules of natural justice prevailed […]
Sri Lanka rupee strengthens in early trade
Jan 09, 2013 (LBO) – Sri Lanka’s rupee gained about against the US dollar in mid morning trade Wednesday to 126.25/55 levels in the spot market on expectations of foreign purchases of rupee bonds, dealers said. Sri Lanka’s rupee has strengthened from lows of 134 to the US dollar in mid 2012 following a float […]
Sri Lanka Treasuries yields drop
Jan 09, 2012 (LBO) – Sri Lanka’s Treasuries yields dropped across maturities with the 6-month yield falling as much as 18 basis points to 10.81 percent at Wednesday’s auction, data from the state debt office showed.The 3-month yield dropped 03 basis points to 0.88 percent and the 12-month yield dropped 03 basis points to 11.35 […]
Sri Lanka Australia hospitality school starts
Jan 09, 2012 (LBO) – A Sri Lanka-Australia joint venture hospitality sector training school ready to begin teaching its first intake of students at a 320 million rupee purpose built facility, officials said.The Colombo Academy of Hospitality Management (CAHM) was set up by the Sri Lanka Institute of Information Technology (SLIIT) and Australia’s William Angliss […]
Reaction
Jan 09, 2012 (LBO) – Sri Lanka has deplored the beheading of a maid in Saudi Arabia after she was convicted of killing an infant under her care when she was still a minor. Rights group called for clemency as the Rizana Nafeek did not have legal representation at the time of her trial. The […]
Collaborative Net
Jan 09, 2013 (LBO) – Sri Lanka’s MAS Holdings has adopted a system provided by MillenniumIT and Dialog Axiata for internal communications for its plants and design centres in 41 locations in 10 countries. MillenniumIT, a unit of the London Stock Exchange group said the Microsoft Lync Server based system hosted by Dialog will allow […]
Sri Lanka gilt yields up in secondary trading
Jan 08, 2013 (LBO) – Sri Lanka government bond yields has picked up after falling steeply over two days ahead of a large bond auction, dealers said.A bond maturing on 15 July 2017 opened around 10.70/80 percent Monday and closed at around 11.00/11.10 percent, dealer said. A bond maturing on 15 August 2018 also opened […]