Sri Lankan shares .CSE rose 2.9 percent to a new record high on Monday as investors stepped up their buying on the first day of the new year on hopes the island’s economic recovery will gather pace, traders said. The All-Share Price Index .CSE of the Colombo Stock Exchange climbed to 3,483.66 points by midday.… Continue reading Sri Lanka shares hit fresh peak after doubling in 2009
Category: Headline
Fourth Anniversary of Trinco Students’ extra-judicial killings
Dr Kasippillai Manoharan, the father of high school student Ragihar who with four of his friends were extra-judicially executed in what is widely believed to be pre-meditated killings by Sri Lanka military, told TamilNet today, at the fourth anniversary of the killings, that there is not even an iota of chance that he would receive… Continue reading Fourth Anniversary of Trinco Students’ extra-judicial killings
Sri Lanka dismisses EU trade move
Sri Lanka’s president on Friday dismissed the European Union’s suspension of preferential trade status to the island, saying his government would resist foreign "strategic interference". "We will not be held back by threatened economic sanctions or withdrawn trade concessions by those who seek strategic interference in the national affairs of Sri Lanka," President Mahinda Rajapakse… Continue reading Sri Lanka dismisses EU trade move
Heritage genocide abetted by decades of Western funding
Ever heard of ‘archaeology’ being first priority in a conquered territory? If not, then you don’t know Sri Lanka, writes an academic from Jaffna on Colombo’s heritage genocide. Colombo’s use of archaeology against Tamils is not new. But the dimensions to which Tamils are now exposed to are not only its acceleration but the tragedy… Continue reading Heritage genocide abetted by decades of Western funding
Sri Lanka cannot escape war crime charges
Although Sri Lanka is not a signatory to the Rome Convention which set up the International Criminal Court (ICC), the island nation can still be dragged before the ICC without its consent, senior cabinet minister and a former Professor of Law, G.L.Peiris, has said. He told The Sunday Island on December 20, that the UN… Continue reading Sri Lanka cannot escape war crime charges
Abductees unreleased even after payment of ransom, in Jaffna
Around fiteen to twenty persons had been swindled each for two hundred thousand rupees as ransom to have their abducted family members released in Jaffna, sources in Jaffna said. Sri Lanka Army (SLA) intelligence officers are alleged to have collaborated with certain persons in this racket. A caller, introducing himself as a Major in SLA… Continue reading Abductees unreleased even after payment of ransom, in Jaffna
Mercenary Intellectuals
Prof. Peter Schalk, of Uppsala University, Sweden, identifies four western educated individuals hired by the Government of Sri Lanka to defend Colombo’s decisions and criticisms from the West, and labels them as "mercenary intellectuals." He dismisses even discussing the "Sinhalatva hard core idealogues" from whom, Schlak says, one cannot expect any "rational reaction of responsibility… Continue reading Mercenary Intellectuals
S.Lanka takes more time to study war crime charges
Sri Lanka’s president has given legal experts four more months to study a US State Department report cataloging alleged war crimes on the island, the presidency said in a statement Monday. President Mahinda Rajapakse extended the December 31 deadline of the panel he appointed in November to formulate a response to the US report, which… Continue reading S.Lanka takes more time to study war crime charges
Unpredictable LTTE landmine pattern baffles mine experts
Demining experts in Sri Lanka are struggling over the unpredictable pattern of LTTE landmines that are obstructing the resettlement of displaced Tamils by January 5 deadline here. "There is no set pattern of landmines laid by the LTTE landmines and we confront with various challenges," Major K Raju, who was also in Indian army told… Continue reading Unpredictable LTTE landmine pattern baffles mine experts
Sri Lanka stocks hit peak again, up 120 pct in 2009
Sri Lankan shares .CSE hit another record high on Monday after having already more than doubled this year. Analysts said that investors were positioning ahead of Jan. 26 presidential polls, betting that regardless of the outcome the stock market will continue its climb, fuelled by post-war economic optimism. It has risen over 120 percent so… Continue reading Sri Lanka stocks hit peak again, up 120 pct in 2009
