Tag: news
Bitumen Packer
Oct 18, 2010 (LBO) – Sri Lanka’s state-run Ceylon Petroleum which has a 95 percent market share in bitumen, is looking for an investor to set up and run a plant to pack tar into barrels petroleum minister Susil Premajayantha said. “We are looking for an investor who can open a plant to pack barrels,” […]
‘s war probe slams rights groups
October 15, 2010 (AFP) – Sri Lanka’s government-appointed war probe Friday reprimanded foreign rights groups that rejected an invitation to testify and said the local panel should not be judged by “preconceived notions”. Sri Lanka’s Lessons Learnt and Reconciliation Commission (LLRC) said it will “strongly safeguard” its independence despite the “ill-founded misgivings” of three international […]
‘s ex-army chief
October 11, 2010 (AFP) – Thousands of protestors marched through the streets of Sri Lanka’s capital Monday, demanding the release of ex-army chief and opposition leader Sarath Fonseka who is serving a 30-month jail term. Activists led by Fonseka’s Democratic National Alliance (DNA) and his wife Anoma marched to the maximum security Welikada prison in […]
Gas Wrap
Oct 12, 2010 (LBO) – Sri Lanka’s government is expecting to wrap up the purchase of Shell’s gas unit in the island within a month, Sirisena Amarasekera, who heads the state committee in charge of the deal said. Sri Lanka’s information minister Keheliya Rambukwella has said the government was planning to sell down a 49 […]
Canada to unveil law to deter illegal migrants
OTTAWA, October 7, 2010 (AFP) – Canada’s Prime Minister Stephen Harper said Thursday his government would soon unveil a law to deter illegal immigration in response to the arrival of rickety cargo ships carrying Tamil refugees. Harper said current legislation does not go far enough to deter human smuggling, which “will increase in the years […]
Australia renews push for regional immigration centre
SYDNEY, October 8, 2010 (AFP) – Australia will urge Indonesia, Malaysia and East Timor to back its proposal for a regional centre to process asylum-seekers during talks next week, Immigration Minister Chris Bowen said Friday. Bowen, who will leave Monday for Dili to begin high-level discussions on people-smuggling and border security in the three countries, […]
Gas Buy
Oct 07, 2010 (LBO) – Sri Lanka will purchase a 51 percent stake in a liquid petroleum gas distributor in the island from Shell, a Dutch oil firm, for 63 million US dollars the government’s information office said Shell also built a terminal to store gas. See update on this story below with details of […]
Public Issue
Oct 07, 2010 (LBO) – Sri Lanka’s government will sell down a 49 percent stake in a liquid petroleum gas distributor after buying out a controlling stake held by Royal Dutch Shell for 63 million US dollars, a government minister said. Minister Rambukwella said after the state take-over the government will ensure that gas will […]
Gas Status
Oct 07, 2010 (LBO) – Sri Lanka’s Shell Gas unit said operations at the firm would remain unchanged until a sale of its stake is finalized, shortly after the government said it would buy out the oil giant for 63 million US dollars. “We are hopeful a sale purchase agreement will be signed soon,” Shell […]
Gas Grin
Oct 05, 2010 (LBO) – Sri Lankan liquid petroleum gas supplier Laugfs Gas is seeking to raise 2. 5 billion rupees in an initial public offer opening on November 04, 2010, a stock exchange filing said. Laugfs Gas will offer for subscription 75 million ordinary voting shares at 23 rupees a share, to raise 1,725 […]
Sri Lanka ex-army chief vows to fight from jail
October 4, 2010 (AFP) – Sri Lanka’s jailed ex-military chief and opposition leader Sarath Fonseka vowed to fight for democracy as he was escorted out of prison Monday to attend another court case against him. Fonseka, 59, told supporters outside the Colombo High Court that he was prepared to sacrifice his life and will not […]
Sri Lanka ex-army chief rejects clemency plea: wife
October 1, 2010 (AFP) – Sri Lanka’s jailed ex-military chief Sarath Fonseka, who fell out with the president after the army’s crushing defeat of Tamil rebels, has rejected a government offer to consider clemency, his wife said Friday. Anoma Fonseka said she met her husband at Colombo’s Welikada prison where the former four-star general began […]