Tag: Sri Lanka
Sri Lanka economics book released
Sept 12, 2013 (LBO) – The Central Bank said it released a new book, ;An Introduction to Principles of Economics – Part 1′ It was written by C P A Karunatilake, Director, Centre for Banking Studies, the training arm of the Central Bank of Sri Lanka. He is a graduate of Colombo University and has […]
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Sept 11, 2013 (LBO) – Sri Lanka and China is committed to its bi-lateral relationship which was elevated to ‘strategic co-operation’ level earlier this year, the government said following a visit by a senior Beijing official to Colombo.Liu Yunshan, one of seven members of the central secretariat of the Communist Party of China visited Sri […]
Multinationals to get equal treatment in China: premier
DALIAN, September 11, 2013 (AFP) – China’s premier promised equal treatment for multinational companies operating in the country, as he opened a meeting of the World Economic Forum on Wednesday.China will continue to encourage foreign companies to invest and do business in China, and ensure that all companies have equal access …and equal treatment,” Li […]
UN raises fresh fears for Sri Lanka rights defenders
GENEVA, September 9, 2013 (AFP) – The UN rights chief Monday raised fresh concerns for the safety of Sri Lankan journalists and activists she said had been harassed by the authorities for meeting with her. Navi Pillay told the UN Human Rights Council in Geneva she was worried about those she met during her week-long […]
Gas Premium
TOKYO, September 10, 2013 (AFP) – Japan called Tuesday for a reduction in the price of liquefied natural gas and a rebalancing of the global market.“I don’t understand this phenomenon,” he told the conference. Hirose added that the vast utility was diversifying its energy sources in order to reduce costs. But officials from gas-producing nations […]
‘s war ravaged provinces grow fastest in 2012
Sept 10, 2013 (LBO) – Sri Lanka’s war ravaged Northern and Eastern provinces grew fastest in 2013, though starting from a low base, helped by construction but also banking and agriculture, the Central Bank said. The share of Central Province was flat at 9.8 percent. The North Central (4.7 percent), UVA 4.5 percent and Sabaragamuwa […]
” hailed as cost of living goes up
TOKYO, September 9, 2013 (AFP) – Japan’s economy in the April-June quarter expanded more than initially estimated, revised data showed Monday, offering another boost for Tokyo’s bid to reverse years of tepid growth. The Cabinet Office put second-quarter growth at 0.9 percent from the previous quarter, up from a preliminary reading of a 0.6 percent […]
Sri Lanka Muslim leader warns against extremism claims
COLOMBO, September 6, 2013 (AFP) – Sri Lanka’s main Muslim political leader, who is also the justice minister, criticised his own government Friday for blaming religious tensions in the mainly Buddhist nation on Islamic fundamentalism.Rauf Hakeem said he had been “disturbed” by recent comments from the country’s defence secretary, Gotabhaya Rajapakse which warned of efforts […]
Sri Lanka rights group says it was harassed after UN meeting
COLOMBO, September 2, 2013 (AFP) – A Catholic-run human rights group working in northeastern Sri Lanka said Monday it had been harassed by security personnel after meeting UN rights chief Navi Pillay last week.Pillay ended her first trip to the formerly war-ravaged country at the weekend with a stinging press conference in which she accused […]
Sri Lanka private inflation index surges to 9.9-pct in July
Sept 02, 2013 (LBO) – Inflation in Sri Lanka’s key cities rose 9.9 percent in August 2013 from a year earlier accelerating from 6.1 percent in July, a price index compiled by private citizens showed.The CAL Urban Index, compiled by an investment research house, rose 2.4 percent in August, after falling 1.4 percent in July. […]
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COLOMBO, September 1, 2013 (AFP) – Sri Lanka’s state-run media Sunday accused UN human rights chief Navi Pillay of being “prejudiced”, a day after she warned that the island was becoming “increasingly authoritarian”.Pillay ended a fact-finding mission to the country to probe allegations of war crimes Saturday by saying Sri Lanka was a place where […]
UN rights chief pre-judging Sri Lanka
August 30, 2013 (AFP) – Sri Lanka’s President Friday suggested UN human rights chief Navi Pillay had pre-judged his Indian Ocean island, according to a statement from his office, as the nation faces allegations of war crimes.President Mahinda Rajapakse, in face-to-face talks with Pillay, told her that Sri Lankans believe that the UN is biased, […]