Tag: lankabusinessonline
Sri Lanka ruling party in strong position for national polls
Aug 24, 2008 (LBO) – Sri Lanka’s ruling coalition has won convincingly over the main opposition and weakened a Marxist former ally in a provincial poll, placing the administration in a strong position to go for national polls on its own.The United Peoples’ Freedom Alliance (UPFA) led by the Sri Lanka Freedom Party of President […]
Sri Lanka holds local polls as army heads to rebel capital
August 23, 2008 (AFP) – Sri Lanka staged local elections under tight security Saturday as troops pushed deeper into Tamil Tiger territory, closing in on the rebel capital in the war-ravaged north, officials said. To receive instant alerts from LBO on your Dialog mobile type ‘act (space) lbo’ and send to 678 Two out of […]
Sri Lanka holds provincial polls amid military push
OLOMBO, August 23, 2008 (AFP) – Sri Lanka was holding provincial elections amid high security Saturday as government forces pushed deeper into territory held by Tamil Tiger rebels in the island’s north, officials said. Two out of the nine provinces on the island were voting to elect the highest level of local government in the […]
Sri Lanka to close polling stations if there is violence: monitor
Aug 22, 2008 (LBO) – A Sri Lankan elections watchdog says it has been assured by the elections commissioner that polling stations where violence or irregularities take place at Saturday’s provincial council polls would be closed. Rodrigo quoted the elections commissioner as saying that there had been no violence in the last 36 hours after […]
Loss Assessment
Aug 22, 2008 (LBO) – Sri Lanka’s John Keells Holdings (JKH) said a write-down at its bunkering unit could amount to 1.3 billion rupees after the firm lost a tank farm and a tax holiday, but the group was hopeful of capping losses at 704 million rupees.Following a Supreme Court decision that cancelled its tax […]
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Aug 20, 2008 (LBO) – Sri Lanka’s Free Media Movement (FMM) said government charges against a journalist who has been detained for months were weak and an attempt to cow down the media by using anti-terrorist laws.It said in a statement that it had learnt that journalist J S Tissainayagam, who has been held in […]
No Crisis?
PARIS, August 12, 2008 (AFP) – Oil demand is slowing sharply in advanced economies as people ease up on driving, supplies are rising and the market is set to cool well into next year, the IEA said on Tuesday. But it is too soon to declare the price boom over for now, the IEA warned, […]
Gas Dates
Aug 12, 2008 (LBO) – Sri Lanka’s state-run Ceylon Petroleum Corporation’s (CPC) entry into liquid petroleum gas (LPG) retailing has been pushed to December due to procurement delays, an official said. CPC runs a 50,000 barrels a day refinery, and is the island’s largest petroleum distributor with more than two thirds of the petrol and […]
” lawmaker
Aug 06, 2008 (LBO) – A Sri Lankan ruling party lawmaker who has earned notoriety for frequent attacks on the media appears to be above the law and police powerless to stop him, a media watch dog has said. The Free Media Movement (FMM) said in a statement that it was “outraged” to record the […]
Sri Lanka minister a challenge to law enforcement: media watchdog
Aug 05, 2008 (LBO) – The culture of impunity and the continued attacks against Sri Lanka’s media were condemned by the watchdog Free Media Movement, after a TV cameraman was assaulted by thugs while covering a state event.Controversial minister Mervyn Silva grabbed the camera of a Sirasa and MTV network cameraman, while goons surrounded him […]
Bubble Deflating?
SINGAPORE, August 5, 2008 (AFP) – World oil prices fell in Asian trade Tuesday as fears about slowing US demand outweighed the increasing likelihood of heightened tensions over Iran’s controversial nuclear programme, dealers said. The storm was not seen as a threat to oil installations but operators in the crucial US petroleum industry hub said […]
Sri Lanka political parties in joint call for media safeguards
Aug 04, 2008 (LBO) – Sri Lanka’s major opposition political parties have backed calls for an end to government intimidation of the media and demanded it ensure the safety of journalists. Eleven political parties have signed a joint statement defending media freedom in Sri Lanka and requesting the authorities to safeguard media freedom and guarantee […]