Category:
” time in Sri Lanka over Buddha tattoo
COLOMBO, April 22, 2014 (AFP) – A 37-year-old British nurse recounted Tuesday her “hellish” experience in Sri Lanka after she was arrested and sent to a deportation centre for sporting a Buddha tattoo deemed offensive by authorities. In August 2012, three French tourists were sentenced to six months in jail, which was suspended for five […]
Rights Call
DUBAI, April 22, 2014 (AFP) – Amnesty International accused authorities in gas-rich Qatar on Wednesday of failing to protect domestic workers, citing cases of abuse, sexual violence and “forced labour”.As she lay injured on the ground, her attacker sexually assaulted her before finally calling an ambulance. Six months later, she was still using a wheelchair, […]
”’s media
ISLAMABAD, April 23, 2014 (AFP) – The shooting of one of Pakistan’s most famous TV presenters has highlighted the climate of “extreme fear” facing the country’s media, journalists say, as hardliners of different stripes seek to silence dissenting voices. Hamid Mir, host of Capital Talk, a primetime current affairs show on the Geo channel, was […]
Sri Lanka axe Chandimal as T20 captain
COLOMBO, April 23, 2014 (AFP) – Sri Lanka’s cricket selectors on Wednesday sacked Dinesh Chandimal as Twenty20 captain and replaced him with Lasith Malinga, while Angelo Mathews was retained as the Test and one-day skipper.Chandimal, 24, opted out of the last three matches, including the semi-final and final, of the recent World Twenty20 in Bangladesh […]
Sri Lanka gets natural disaster credit from World Bank
Apr 24, 2014 (LBO) – Sri Lanka has been given a 102 million US dollar credit line that can be drawn immediately after a natural disaster, as well as another 110 million dollars for measures to cut disaster risk, the World Bank said. The lender said Sri Lanka is the first county in South Asia […]
Sri Lanka gives tax breaks to US$220mn sugar refinery
Apr 23, 2014 (LBO) – Sri Lanka has given a 10 year tax holiday to a 220 million US dollar sugar refinery by the Hambantota port including tax free salaries for 50 expatriate staff. Lanka Sugar Refinery Company (Pvt) Ltd, will import raw sugar for refining to the local and foreign markets, a notice published […]
Sri Lanka vehicle registrations up 4-pct in March, commercial vehicles weak
Apr 22, 2014 (LBO) – Sri Lanka’s vehicle registrations rose 4 percent to 26,921 in March 2014 from a year earlier picking up from lull in February with commercial vehicles showing weakness, a research report showed. More people were buying cars on financing arrangements with the share going up to 57.6 percent from 42.2 percent […]
Sri Lanka stocks close higher
Apr 22, 2014 (LBO) – Sri Lanka’s stocks close 0.08 percent higher with index heavy stocks gaining amid net foreign buying, brokers said. Ceylon Tobacco Company closed 20.40 rupees higher at 1,118.20 rupees, contributing most to the index gain. Aitken Spence Hotel Holdings closed 2.40 rupees higher at 75.90 rupees and Asian Hotels and Properties […]
Vehicle Trend
Apr 22, 2014 (LBO) – Sri Lanka’s vehicle registrations rose 4 percent to 26,921 in March 2014 from a year earlier picking up from lull in February with commercial vehicles showing weakness, a research report showed.More people were buying cars on financing arrangements with the share going up to 57.6 percent from 42.2 percent a […]
Network Expansion
Apr 22, 2014 (LBO) – Melsta Regal Finance Ltd, a young finance company promoted by Sri Lanka’s Distilleries group said it has expanded into Central, North Central and Southern regions of the country.The firm offers working capital finance with Letter of Credit opening facilities, warehousing, logistics and debt factoring as well as equipment and vehicle […]
Capital Rating
Apr 22, 2014 (LBO) – Sri Lanka’s Dunamis Capital Plc, had been rated ‘BBB+’ with a ‘stable’ outlook and a proposed debt billion rupee debt sale ‘BBB’ by Colombo based Ram Ratings Lanka Plc. Dunamis has interests in primary dealing, stock brokering, margin trading, debt structuring, asset management and property development. The full statement is […]
Sri Lanka detains British tourist over Buddha tattoo
COLOMBO, April 22, 2014 (AFP) – Sri Lanka has detained a female British tourist for having a Buddha tattoo on her right arm and ordered her deportation, police said Tuesday.The unidentified woman was arrested at the country’s main international airport on Monday and appeared before a magistrate who ordered her deportation, police said in a […]
