Category:
Buying Time
Mar. 30 (LBO) – Sri Lanka’s Commercial Bank of Ceylon Thursday put off its annual and extraordinary general meetings till next week, as shareholder attendance fell short of the required quorum. The lack of a quorum is due to a court order which restricted the voting powers of some of Commercial Bank’s key shareholders including […]
Rubber, tea prices boost Kelani Valley sales
Mar. 30 (LBO) – Kelani Valley Plantations Ltd and its subsidiary companies have reported healthy increase in turnover for the financial year ended December 31, 2005 on the back of strong growth in tea and rubber production.In its annual report for 2005 the company reported a 10 per cent increase in turnover to Rs 1.918 […]
Neat Fit
Mar. 30 (LBO) – The open source middleware start up WSO2 said Thursday that its WSO2 Tungsten product is fully interoperable with Microsoft’s upcoming Vista operating system. WSO2 is an open source company, which has offices in Boston, USA and a development centre in Sri Lanka. “Our efforts are proving that open source middleware technologies […]
Low turnout in Sri Lanka local polls
Mar. 30 (AFP) – A low turnout marred municipal elections in Sri Lanka Thursday after a campaign which unexpectedly focused on local issues instead of the usual electoral favourite, the island’s divisive peace process.Election officials estimated that only about half the 10.1 million eligible voters turned out to cast their ballots to elect municipal, urban […]
Sri Lanka peace bid side-lined in local vote
Mar.30 (AFP) – Sri Lanka Thursday voted at local elections after a lack-lustre campaign where even the usually divisive peace process was pushed to the background, officials and analysts said. Voting was slow across the country, elections officials said adding, however, that there was no balloting in the island’s restive northern and eastern regions where […]
Sri Lanka rights body facing collapse, watchdog warns
Mar.30 (AFP) – Sri Lanka’s independent human rights watchdog may collapse as the government has failed to replace the outgoing panel of commissioners, the Asian Human Rights Commission said Thursday. The Hong Kong-based AHRC said Sri Lanka’s Human Rights Commission will be without commissioners from April 3 because the island’s Constitutional Council, which is empowered […]
Sri Lanka votes in local poll
Mar.30 (AFP) – Sri Lankans were voting Thursday to elect local government bodies, but there was no balloting in the island’s embattled northern and eastern regions, officials said. Some 10.1 million people are eligible to vote for municipal and urban councils as well as village councils responsible for the maintenance of utilities, but electoral officials […]
Tigers seek security guarantees to attend Swiss talks
Mar. 30 (AFP) – Tamil Tiger rebels Thursday demanded guarantees of safe passage through Sri Lanka’s only international airport to attend Swiss talks next month on saving their troubled ceasefire.The Liberation Tigers of Tamil Eelam (LTTE) said they will attend talks in Switzerland, tentatively set for April 19 to 21, only if peace broker Norway […]
Mediator tells Sri Lankan parties to keep ceasefire promise
LONDON, Mar. 29 (AFP) – The main mediator in the long-standing conflict in Sri Lanka, Erik Solheim of Norway, on Wednesday called for the government and Tamil rebels to keep their commitment to a ceasefire even after the recent deadly attack on a naval vessel.Suspected rebels blew up a trawler together with six of their […]
Sri Lanka’s top Nordic peace envoys to visit the island next week
Mar. 29 (LBO) – Sri Lanka’s Nordic peace envoys will visit the island next week for a series of meetings with the government and the Tamil Tiger rebels, the Norwegian embassy said Wednesday. New special envoy Jon Hanssen-Baur will make his maiden visit to the island on Monday April 3 for four-days. Hanssen-Baur, a Middle […]
Expensive Joke
Mar. 29 (LBO) – Sri Lanka will introduce stamp duties from April on a range of services like credit cards, leasing and insurance policies, as the government looks for ways to raise revenue to pay for infrastructure and welfare spending plans. -Mel Gunasekera: mel@ Exemption list: Insurance policy on: Life, Medical Plant, machinery and equipment […]
Extended Invitation
Mar. 29 (LBO) – Sri Lanka’s Department of Inland Revenue is giving three extra months to pay back-taxes without facing penalties.Newly appointed Inland Revenue Chief A A Wijepala said those who did not have tax files earlier but register to pay tax this year, would not be questioned about their incomes in previous years. In […]