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Sri Lanka admits civilian deaths in separatist war
August 1, 2011 (AFP) – Sri Lanka on Monday admitted for the first time that civilians may have been killed during its military push against Tamil Tigers rebels in 2009 that has been dogged by allegations of war crimes. A defence ministry report entitled “Humanitarian operation factual analysis” said they followed a “zero civilian casualty […]
” rebuttal video
August 1, 2011 (AFP) – Sri Lanka on Monday released its own documentary to counter a programme by Britain’s Channel 4 that alleged war crimes by government troops in their final assault on Tamil Tiger rebels. The hour-long video, produced by the Defence Ministry and called “Lies Agreed Upon”, was shown to an invited audience […]
Sri Lanka Finco exits apparel firm
Aug 01, 2011 (LBO) – Sri Lanka’s Finco group has sold a controlling stake in listed Orient Garments to PC House Holdings, an unlisted firm and its chairman Mohamed Rishan for 600 million rupees, officials said. Finco vice president Priyanjith Weerasooriya said the group wanted to focus on the leisure sector. The group is building […]
Port Revival
July 31, 2011 (LBO) – An American salvage company has begun clearing wrecks from a port in Sri Lanka’s former northern war zone ahead of dredging and repair work that will enable resumption of commercial activity. Resolve Salvage and Fire (Asia), a Singapore subsidiary of US-based Resolve Marine Group, said it was awarded the contract […]
Winning Reports
July 31, 2011 (LBO) – Sri Lanka’s Smart Media, an annual report publishing consultancy has won gold at an international competition coming within the top two in the world, while its local and foreign clients have also won 39 awards. “Readers would like to see annual reports saying something useful; and saying it in a […]
Sri Lanka can tap Vietnam for aquaculture: minister
July 30, 2011 (LBO) – Vietnam is ready to send experts to Sri Lanka to transfer aquaculture knowledge and techniques to grow seaweed, lobster and sea-cucumber, visiting minister Vu Van Tam said in Colombo. “We can send out technicians or experts to help Sri Lanka,” deputy minister Tam said. “Or we are ready to receive […]
Duopoly
July 30, 2011 (LBO) – Dubai-based Flemingo International, which has won a concession to operate a second duty free shop in Sri Lanka’s main international airport, is aiming at a 55 million dollar annual market, an official said. Better pricing and availability of more brands can make passengers spend more in Colombo and prevent them […]
Rights Activist
July 29, 2011 (AFP) – The body of a prominent Sri Lankan human rights activist missing since February last year has been found, the United Nations said Friday. Pattani Razeek, managing trustee of non-governmental organisation the Community Trust Fund, was exhumed by police on Thursday after a tip-off from two suspects arrested in relation to […]
Sri Lanka name T20 squad for Australia series
July 30, 2011 (AFP) – Sri Lanka Cricket on Saturday named a 16-man squad for the Twenty20 games against Australia next month. The teams will play two Twenty20 games on August 6 and 8 at the newly-built Pallakelle International Stadium in the central town of Kandy, which will also host the opening one-dayer and the […]
”
July 30, 2011 (AFP) – An ethnic Tamil journalist in Sri Lanka’s formerly embattled north was brutally attacked with iron bars, police said on Saturday, the latest in a string of assaults on the nation’s media. UN records show 5,653 outstanding “enforced and involuntary disappearances” in Sri Lanka. Among those missing is freelance journalist and […]
Sri Lanka stocks up 2.88-pct
July 29, 2011 (LBO) – Sri Lankan stocks closed sharply higher Friday, as bullish momentum continued for the fourth straight day, with active retail participation, brokers said. The benchmark All Share Price Index ended up 2. 88 percent or 191.81 points at 6,845.38 , while the Milanka Index of more liquid stocks closed up 2. […]
Somaliland
DUBAI, July 28, 2011 (AFP) – A petrol tanker belonging to the United Arab Emirates hijacked by Somali pirates on July 16 has been released, state news agency WAM reported Thursday. Last month, the UN Security Council warned that Somali pirates were attacking growing numbers of ships in the Indian Ocean and that the attacks […]