Friday, October 16, 2009

Boat-bound Tamils plead for asylum



By Geoff Thompson - Almost 260 Sri Lankans aboard a boat moored in Western Java have made a desperate plea to Australia and other countries to consider their bids for asylum, saying returning to Sri Lanka is no longer an option for Tamils who wish to survive.

The group was intercepted in Indonesian waters on the weekend after a phone call from Prime Minister Kevin Rudd to Indonesia's President Susilo Bambang Yudhoyono.

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Friday, October 16, 2009

Sri Lanka: Harassed NGOs, stifled journalists and a self congratulatory government



Iman Qureshi - Sri Lanka came to the end of a 26-year-long war with the Liberation Tigers of Tamil Elam (LTTE) on the 18 May 2009. Since then, 'peace' has been balancing on a curtailment of basic freedoms. Despite criticism from the international community, Tamil civilians have for months been placed in what the government calls "welfare camps". UN officials have compared these to internment camps. With 260,000 people crammed into just 16 camps lacking in basic sanitation. Water is sparse and a third of all children are malnourished. Civilians, policed by armed guards, are forbidden to leave the grounds and with the monsoon season approaching the camps are expected to flood, spreading disease and causing tents to disintegrate.

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Friday, October 16, 2009

UN human rights chief criticizes Sri Lankan government



The UN High Commissioner for Human Rights Navi Pillay on Wednesday (Oct 14) criticized the Sri Lankan government for not responding “to our many requests for an international investigation of what we say is widespread acts of killing of civilians."

Speaking at a press conference in Brussels Wednesday evening, she said that “such a request has also been made by the (UN) Secretary General and we are working very closely with the Secretary General to hold the President of Sri Lanka to his promise which he made to the Secretary General that he will look into the issue of accountability and so we want to know what kind of mechanism is he setting up."

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Friday, October 16, 2009

U.S. Business and Govt representatives tour port city



A group of American and Indian business leaders joined a delegation of U.S. and Sri Lankan trade officials on 14 October visit to Trincomalee, a city in the Eastern province of Sri Lanka, which was just months ago enveloped in a terrorist conflict. The trade mission to coastal Trincomalee was part of the Sri Lankan government’s efforts to rebuild its Eastern and Northern Provinces, where it concluded its 26-year conflict with the Liberation Tiger of Tamil Eelam terrorist group in May.

“The Eastern Province is the model for redeveloping the North,’’ said Jaliya Wickramasuriya, Sri Lanka’s Ambassador to the United States and a member of the government delegation. “Trincomalee has taken the lead in that effort. That is why we are here.” The day-long visit was intended to encourage large and medium-sized businesses to operate in the Eastern Province.


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Friday, October 16, 2009

Sri Lanka sells $500 mln global bonds - IFR




Sri Lanka on Thursday sold $500 million in global bonds maturing on Jan 22, 2015, said IFR, a Thomson Reuters service.

The 7.40 percent bonds were priced at par to yield 505.9 basis points over U.S. Treasuries, according to IDR.

The joint book managers on the sale were HSBC, JP Morgan and RBS.

© Reuters

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Friday, October 16, 2009

Govt to set up two new FTZs in N-E



Lakshmi De Silva - The Government will establish two new Free Trade Zones in the North and East - one will be in the Kilinochchi District and the other in the Trincomalee District, Enterprise Development, Investment Promotion and Mass Media and Information Minister Anura Priyadarshana Yapa told the Daily News yesterday.

Tax holidays for 15 years and other incentives would be offered to the investors who start industries in the North and East while the local residents would gain employment opportunities from these FTZs. Two Sri Lankan investors have already indicated their willingness to start a cement factory and a fertilizer factory, he said.

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