Protection Deal

Nov 05, 2009 (LBO) – Sri Lanka and Kuwait has signed an Investment Promotion & Protection Agreement (IPPA) Thursday between the island’s envoy to the country and a senior finance ministry official of the Gulf state, the foreign ministry said. Sri Lanka’s foreign ministry quoted the undersecretary to the Kuwaiti ministry of finance Khalifa M […]

Ship Link

VANCOUVER, November 3, 2009 (AFP) – Several of a group of 76 Sri Lankan asylum seekers picked up off the Canadian coast last month have ties to the Tamil Tiger rebels and could pose a security risk, officials said Tuesday.The Canadian government told an immigration hearing that the “Ocean Lady” freighter used to transport the […]

US Quizz

November 1, 2009 (AFP) – Sri Lanka called on US authorities to drop plans to interview the island’s military commander over allegations of war crimes against ethnic Tamil rebels, an official said Sunday. The Colombo government held “very high-level” talks to prevent General Sarath Fonseka, currently visiting Oklahoma, from being quizzed over his conduct during […]

Legal Seminar

Oct 31, 2009 (LBO) – A seminar on the implications on Sri Lanka’s the new company law featuring senior legal experts targeted at educating director, chief executives, senior managers and corporate lawyers will be held on November 05. Its organizers Legal & Financial Advisory Services, a legal consultancy, and Marketing Services, a marketing consultancy, say […]

No Accounts

Oct 30, 2009 (LBO) – Two directors of Alufab Limited, a Colombo listed company has been charged for not filing annual accounts since 2004, Sri Lanka’s Securities and Exchange Commission said.The firm had also been placed in the default board of the Colombo Stock Exchange for not filing accounts.SEC said charges had been filed in […]

Fresh Threats

October 29, 2009 (AFP) – Sri Lanka’s president ordered police to probe death threats against journalists of a newspaper whose founding editor was murdered earlier this year, a spokesman said Thursday.The Sunday Leader has been critical of the government and its handling of the internally displaced people following the military’s crushing of Tamil rebels earlier […]

Boat People

SYDNEY, October 29, 2009 (AFP) – Australia told a group of rescued Sri Lankan asylum-seekers they could not choose their destination and refused to rule out using force after they refused to disembark in Indonesia. Foreign Minister Stephen Smith insisted the group of 78, currently on an Australian ship, would be processed in Indonesia under […]

Bailed

Oct 29, 2009 (LBO) – Chairman of Sri Lanka’s troubled Ceylinco group, Lalith Kotelawala was released on bail by the island’s Supreme Court after nine months after he was remanded over the collapse of an unregulated financial firm, a media report said.He had also undertaken to fully disclose his assets including Ceysands Hotel and any […]

Refugee Crisis

TANJUNG PINANG, October 28, 2009 (AFP) – Seventy eight Sri Lankan asylum-seekers are refusing to disembark an Australian customs vessel anchored off Indonesia’s Bintan island, officials said Wednesday.The migrants were rescued by the Australian navy in Indonesian waters 11 days ago but were refusing to speak to Indonesian immigration officials, insisting they want to be […]

Boat People

TANJUNG PINANG, October 27, 2009 (AFP) – An Indonesian provincial governor refused Tuesday to allow an Australian customs vessel to unload 78 Sri Lankan asylum-seekers, saying Indonesia is not a “dumping ground” for refugees.Opposition to the arrival of the migrants came as Australia stressed it was not trying to push asylum-seekers back onto Indonesia, the […]

Mystery

VANCOUVER, October 24, 2009 (AFP) – Canada is to release one of 76 Tamils arrested last week in a ship off its Pacific coast, local media reported Saturday.The decision came after a custody hearing, lawyer Narinder Kang told the Globe and Mail newspaper. The released man was ordered to report regularly to border authorities, Kang […]

Charity Front

WASHINGTON, October 22, 2009 (AFP) – About 30 victims of attacks by Sri Lanka’s rebel Tamil Tigers filed a suit Thursday against the billionaire head of a US hedge fund facing insider trading charges. The suit alleges that Galleon Group founder Raj Rajaratnam and a family foundation led by his father gave more than five […]

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