Tag: lbo
Sri Lanka govt probe seen failing to win confidence of Tamils
Jan 16, 2012 (LBO) – Sri Lanka’s main minority Tamil political party has rejected a government investigation into the ethnic war, saying it lacked credibility and even its interim recommendations a year ago were not implemented. The commission also recommended that people who are discharged be given a certificate to prevent being re-arrested but even […]
Petro Facility
Jan 03, 2012 (LBO) – Sri Lanka is negotiating a billion dollar facility from an international bank to defray payments for petroleum imports by made state-run Ceylon Petroleum Corporation in 2012, officials said. By October 2011 Sri Lanka had spent 3.6 billion dollars on petroleum imports up 48. 5 percent from a year earlier. A […]
Sri Lanka must restore rule of law, says human rights body
Dec 30, 2011 (LBO) – Sri Lanka needs to restore the rule of law and change its constitution that concentres too much power in the executive president who wields too much control over its citizens, the Asian Human Rights Commission said. “All Sri Lankans will wish that the coming year will not be like the […]
Aviation Fuel
Dec 26, 2011 (LBO) – Sri Lanka’s state-run Ceylon Petroleum Corporation has called bids to build an aviation fuel terminal at a second international airport being constructed in Mattala, in the South of the island. Mattala airport in Sri Lanka’s Hambantota district, is being built with Chinese finance. Sri Lanka’s Ceylon Today newspaper said the […]
Sri Lanka to do health checks for resident visa
Dec 15, 2011 (LBO) – Sri Lanka has decided to do health checks on applicants for resident visas to the island, media minister Keheliya Rambukwella said. The cabinet of ministers has decided to conduct a health assessment for the resident visa applicants to Sri Lanka, he told a news conference. A statement said a large […]
Sri Lanka reconciliation must ensure sustainable peace: Australia lawmakers
Dec 14, 2011 (LBO) – A visiting Australian parliamentary delegation has said Sri Lanka’s reconciliation efforts after the end of its 30-year ethnic war must ensure sustainable peace and progress. Five Australian-members of parliament have gained a “first-hand insight” into Sri Lanka’s current political, economic and social situation during a week-long visit to the country,” […]
Gas Potential
Dec 06, 2011 (LBO) – A top Indian scientist has said he believes Sri Lanka has huge gas hydrate resources in the ocean around the island as in India. The ice like solids found in deep water on the ocean floor could generate methane gas, a potential energy source, Harsh Gupta told a forum of […]
Sri Lanka child care project gets Japanese support
Dec 01, 2011 (LBO) – The Japanese government has provided almost 60 million rupees worth of aid for an early childhood care and development project in the eastern Trincomalee district, part of the former war zone. “It is expected that more than 1,000 families and their community members will benefit from the project,” the statement […]
Sri Lanka urged by Japan envoy to probe war crimes charges
Nov 30, 2011 (LBO) – A Japanese ‘peace envoy’ to Sri Lanka has pressed the island to probe allegations of human rights abuses that led to the loss of duty free market access to Europe. Yasushi Akashi, who served as a special envoy of the Japanese government during the island’s ethnic war, said a national […]
Sri Lanka ex-army chief jailed for three years
November 18, 2011 (AFP) – A Sri Lankan High Court sentenced former army chief Sarath Fonseka to three years in jail on Friday after finding him guilty of making a false allegation against the president’s brother. Fonseka, who ran against President Mahinda Rajapakse in 2010 elections, is already serving a 30-month prison term after a […]
Petroleum Prospects
Nov 15, 2011 (LBO) – The Sri Lanka unit of Indian Oil Corporation’s profit for the September 2011 quarter fell sharply from a year ago with sales staying virtually stagnant, interim accounts filed with the stock exchange showed. Lanka Indian Oil Corp. said net profit fell 44.6 percent to 277.8 million rupees in the quarter […]
Gas Strike
Nov 14, 2011 (LBO) – Cairn Lanka, a unit of India’s Cairn Energy, has made a second gas strike off the northwestern coast of Sri Lanka. On October 04, Cairn Lanka had begun work on CLPL-Barracuda-1G/1, a second well. The presidents office said in a statement that the state petroleum exploration office has been informed […]