Tag: lbo
Sri Lanka IMF loan slammed by rights body
July 23, 2009 (AFP) – Human rights campaigners on Thursday described a 2.5 billion dollar loan to Sri Lanka by the International Monetary Fund as “a reward for bad behavior”.Human Rights Watch said the IMF should have set conditions on the loan, including demands that the Sri Lankan government help re-settle nearly 300,000 Tamil civilians […]
ICRC cuts back Sri Lanka operations after government order
July 20, 2009 (AFP) – The Red Cross on Monday announced the closure of four offices in Sri Lanka following a government order to foreign aid agencies to scale down operations.The International Committee of the Red Cross (ICRC) said its four offices in the embattled eastern province were closed at the weekend. “The ICRC reaffirms […]
Lube Fortunes
July 20, 2009 (LBO) – Sri Lanka’s Chevron unit said net profit for the June 2009 quarter shot up 45 percent to 400 million rupees from a year ago mainly because of higher margins. Chevron Lubricants Lanka said in a stock exchange filing that sales for the three months rose two percent to 2.1 billion […]
Sri Lankans urged to fight for right to information
July 15, 2009 (LBO) – An Indian political activist has urged Sri Lankans to be more demanding of their right to information, saying that was how the public in India won greater access to information and more government accountability. “The right to information campaign started with a peasant movement asking for the Panchayati (village assembly) […]
Sri Lankan moderate Tamil party asks freedom for 300,000 war-hit civilians
July 12, 2009 (AFP) – Sri Lanka’s main moderate Tamil political group Sunday accused the government of holding some 300,000 war-displaced civilians in “open prisons” and demanded their immediate release. The New York-based Human Rights Watch said the squalid camps, which are ringed with barbed wire, were a “national disgrace” and violated international law. The […]
Margin Call
July 11, 2009 (LBO) – Lanka IOC, the Sri Lankan unit of Indian Oil Corp., has urged the government to change import duties and blamed its 1.2 billion rupee loss in the year to March 2009 partly on an import duty hike. LIOC’s turnover last year rose 7.8 percent to 47.617 billion rupees, although it […]
” operations
July 9, 2009 (AFP) – The International Committee of the Red Cross said Thursday it had been ordered by Sri Lanka to scale down relief operations in the island where it has been helping civilian war victims. As a result, the ICRC said it was withdrawing expatriate staff from the battle-scarred northeast which was the […]
Sri Lanka tells foreign aid agencies to scale down
July 9, 2009 (AFP) – Sri Lanka has directed all international relief agencies, including the Red Cross, to scale down operations following the defeat of the Tamil Tiger rebels, the human rights minister said Thursday.Mahinda Samarasinghe said the directive was not solely aimed at the International Committee of the Red Cross (ICRC) which had first […]
” by Tigers to inflate Sri Lanka tolls
July 8, 2009 (AFP) – Sri Lankan doctors arrested for allegedly spreading rebel propaganda before the defeat of the Tamil Tigers told reporters here Wednesday that they were pressured to inflate death tolls. A five-member team of doctors who worked inside the shrinking rebel-held territory during the final stages of the war have been in […]
Fuel Delivery
July 08, 2009 (LBO) – The Sri Lankan unit of Indian Oil Corporation said it has chartered a bunker barge to supply ship fuel in Colombo port as sales were increasing.LIOC is the newest player in Colombo port’s bunker business. Competition in the business has been growing after a court order ended an effective monopoly […]
Oil Drain
July 4, 2009 (LBO) – The Sri Lanka unit of the Indian Oil Corporation is running out of cash and may not be able to import the next consignment of oil as crude prices rise and taxes bite into revenue, an official said. Based on yesterday’s Singapore wholesale refined product prices released by the Central […]
Sri Lanka courts politicised, says ICG
July 01, 2009 (LBO) – The Sri Lankan government must reform the country’s judicial system urgently if the military defeat of the Tamil Tigers is to lead to a lasting peace, an international non-governmental advocacy body has said. The Sri Lankan judiciary is not working in a fair and impartial way that secures justice and […]