Category:
Support Group
Jan 29, 2009 (LBO) – The Sri Lanka division of the Chartered Institute of Management Accountants would be advised by a 5-member consultative group after the local divisional council was suspended, the accounting body said. CIMA (Chartered Institute of Management Accountants) has appointed a local Consultative Group to advise on the affairs of its Sri […]
Crime Alarm
Jan 29, 2009 (LBO) – Sri Lanka’s computer crime fighting has failed with more than three quarters of cases ending without convictions or not being investigated, despite new laws being devised, Chief Justice Sarath Silva said. In 2007, there had been 17 cyber crimes but only 76 percent had been investigated. “Now the alarm signs […]
International concern mounts for Sri Lanka civilians
January 29, 2009 (AFP) – International rights groups pressed for urgent action to save up to 250,000 civilians trapped in northern Sri Lanka where government forces Thursday fought to secure final victory over Tamil rebels.Human rights bodies called for immediate steps by both the Colombo government and the rebel Liberation Tigers of Tamil Eelam (LTTE) […]
‘ British chief faces terror charges
LONDON, January 28, 2009 (AFP) – The chief of the Tamil Tiger rebels in Britain helped supply military equipment to the Sri Lankan separatist group, a London court heard Wednesday.Laidlaw added that Chrishanthakumar had headed the United Tamil Organisation in Britain before it became outlawed in 2001. The LTTE, which is fighting for a separate […]
Sri Lanka Treasuries yields extend fall
Jan 28, 2009 (LBO) – Sri Lanka’s Treasury bill yields extended falls with the popular 3-month yield falling 24 basis points to 15.94 percent and the 12-month yield falling 0.04 basis points to 17.56 percent, the government’s debt office said. Meanwhile in the inter bank market the central bank had printed 20 billion rupees to […]
Sri Lanka banks asked to suspend oil derivatives by central bank
Jan 28, 2009 (LBO) – Sri Lanka’s central bank says it has asked commercial banks which sold oil derivatives to state-run Ceylon Petroleum Corporation (CPC) to suspend the deals because they violated its prudential rules and were ‘tainted’.The banks had already offered to ‘re-structure’ the deals by extending payments over a longer period.The deals were […]
Sri Lanka stocks mixed, heavy trading in Lanka Cement
Jan 28, 2009 (LBO) – Sri Lankan shares ended barely changed Wednesday with Lanka Cement the most actively traded on anticipation of a revival in its fortunes if the war ends soon and construction activity picks up, brokers said. To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678 […]
Sri Lanka tea prices firm despite weaker currencies of importing countries
Jan 28, 2009 (LBO) – Sri Lankan tea prices at the Colombo auctions this week maintained their upward trend with demand strong despite the weakening of the currencies of key buyer countries like Russia, brokers said. Supply was tight because of dry weather in key origins while demand remained strong because of winter in the […]
Sri Lanka troops enter another Tiger village: military
January 28, 2009 (AFP) – Sri Lankan forces on Wednesday fought their way into another village still held by the Tamil Tigers, an official said, as neighbouring India raised fears for civilians caught up in the war.Soldiers marched into the village of Visuamadu in the final phase of operations against the Liberation Tigers of Tamil […]
Sri Lankan troops hammer rebels as fears for civilians grow
MULLAITTIVU, January 27, 2009 (AFP) – Sri Lankan troops Tuesday battled Tamil Tigers for control of the last stretch of rebel-held coastline, as international fears mounted for 250,000 civilians caught in the conflict.Soldiers backed by tanks and air cover fought to capture 30 kilometres (18 miles) of seafront, the only territory still controlled by the […]
Sri Lanka Tigers holding 300 patients hostage: report
January 28, 2009 (AFP) – Sri Lanka’s Tamil Tigers have prevented international aid workers from evacuating some 300 hospital patients inside rebel-held territory, a report said Wednesday.A convoy of two dozen vehicles arranged by the International Committee of the Red Cross (ICRC) and the United Nations to transport the sick was barred from crossing the […]
Two men plead guilty in New York to supporting Tamil Tigers
WASHINGTON, January 28, 2009 (AFP) – Two men pleaded guilty Tuesday to conspiring to provide material support to Sri Lanka’s Tamil Tigers rebel group on the eve of their trial in a US district court, the Justice Department said.Thiruthanikan Thanigasalam, 40, and Sahilal Sabaratnam, 29, pleaded guilty in Brooklyn, New York to conspiring to purchase […]