Tag: lbo
Saudi recalls envoy from Sri Lanka
RIYADH, Feb 20, 2013 (AFP) – Saudi Arabia has recalled its ambassador from Colombo in a tit-for-tat move amid tensions after a Sri Lankan nanny convicted of murder was beheaded in the kingdom, the official SPA news agency reported.“Based on the decision by the Sri Lankan government to withdraw its ambassador from the kingdom, the […]
Sri Lanka in diplomatic relations with Saint Vincent and the Granadines
Feb 19, 2013 (LBO) – Sri Lanka has established diplomatic relations with Saint Vincent and the Granadines, the foreign ministry said. Saint Vincent and the Granadines belong to the British West Indies and is a part of the Commonwealth of Nations. The foreign ministry said Sri Lanka’s permanent representative to the United Nations of the […]
Oil Offer
Feb 18, 2013 (LBO) – Sri Lanka is kicking of a second licensing round for off-shore oil blocks with road show starting in Houston on March 07, reports said.A notice on Sri Lanka’s petroleum resources development office said bidders conferences will also be held in London on March 12, and in Singapore on March 21 […]
Oil Plans
Feb 18, 2013 (LBO) – Sri Lanka is planning to offer up to 11 off-shore oil blocks on production sharing deals in a bidding round that will close around September and others where less data is available for joint study, a media report said. Sri Lanka is to open a second bidding round in March […]
Diversifying Strategy
Feb 18, 2013 (LBO) – LankaIOC, a unit of Indian Oil Corporation is planning to deal in petrochemicals such as polyethylene and polypropylene, to diversify its product portfolio, an official said.Dakwale told reporters earlier this month that the firm was planning to retail Euro III grade diesel following a request from Sri Lanka’s motor sector.It […]
Petro Balance
Feb 15, 2013 (LBO) – Profits at Lanka IOC, a Sri Lanka unit of Indian Oil Corporation rose 16 percent to 728 million rupees in the December 2012 quarter from a year earlier, partly helped by forex gains, an official said. About 27 percent of the retail price of petrol is made up of government […]
Diesel Standard
Feb 12, 2013 (LBO) – Indian Oil Corporation’s Sri Lanka unit said a shipment of diesel which had been held up at Colombo port following a quality test was found to be off specification in colour and appearance and not in core chemical properties.In some countries colour is not a criteria and in Sri Lanka […]
Sri Lanka should end secrecy of parliamentary committees: legislator
Feb 11, 2013 (LBO) – Sri Lanka should consider ending secrecy surrounding the proceedings of parliamentary committees, a member of the legislature’s committee on public accounts (COPA) has said.Before liberty properly developed in Britain, whose parliamentary traditions Sri Lanka sometimes claim to follow, all proceedings in the legislature were secret. Newspaper editors were punished and […]
Sri Lanka parliamentary probe on retirement fund halted mid-way: legislator
Feb 09, 2013 (LBO) – A probe by a parliamentary committee on investments made by a state controlled retirement fund of private sector workers had been halted mid-way, an opposition legislator has said.Harsha de Silva, an opposition member told parliament that proceedings at a parliamentary committee examining investments by the Employees Provident Fund managed by […]
Former US envoy to Sri Lanka passes away
Feb 06, 2013 (LBO) – Former ambassador to Sri Lanka and the Maldives Christopher Van Hollen had passed away on January 30, in Washington, the US embassy in Colombo said.He was a career member of the US Foreign Service, and his son Chris Van Hollen Jr, represents Maryland in Congress. He was 90 years old. […]
Sri Lanka President calls for religious harmony
Feb 04, 2013 (LBO) – Sri Lanka’s President Mahinda Rajapaksa called for religious harmony on the island’s Independence Day amid recent violence and rhetoric directed against the island’s Muslim minority by nationalist groups.Bhuddism, which is followed by a majority of the inhabitants of Sri Lanka came to the island from the Indian subcontinent and advocates […]
Sri Lanka should uphold rule of law, more international scrutiny ahead: UK minister
Feb 03, 2013 (LBO) – Sri Lanka should uphold rule of law and be committed to respect human rights to ensure that a planned Commonwealth summit in the island is well-attended, visiting UK foreign minister Alistair Burt has said.Sri Lanka is expected to host a Commonwealth Heads of Government Meeting (CHOGM), but countries including Canada […]