Monthly Archives: May 2015

Wigneswaran speaks on The Long Shadow of War

Wigneswaran speaks on The Long Shadow of War

Chief Minister of Sri Lanka’s Northern Province, C.V. Wigneswaran has expressed his dissatisfaction over the domestic investigation mechanism into the war crimes and emphasised that there should be an international dimension in the investigation process as the domestic mechanism would not bring about the expected …

Former President fears LTTE revival

Former President fears LTTE revival

Former Sri Lankan president Mahinda Rajapaksa, who is mounting a political comeback, has expressed fears that the separatist Tamil Tigers could regroup and revive terrorism in the country. “We are glad that terrorists are no more. But I have a suspicion that we may return …

Lanka – China ties on the Mend

Lanka – China ties on the Mend

The Maithripala Sirisena government in Sri Lanka is fast mending damaged fences with China. While the stalled $1.4 billion Colombo Port City project is likely to be cleared with some modifications by a committee of secretaries headed by the secretary to the Prime Minister, defence …

extremists from Africa and Asia are shifting allegiance to Islamic State group

extremists from Africa and Asia are shifting allegiance to Islamic State group

 A growing number of extremist groups from Africa to southeast Asia are shifting their allegiance to the Islamic State group, leading to greater risks for “cross-pollination” among conflicts beyond Syria and Iraq, the head of Interpol said Friday. Juergen Stock cited this shift as an …

US vows to end graft in FIFA

US vows to end graft in FIFA

With billions of dollars at stake, Morocco, Egypt and South Africa jockeyed in 2004 for the privilege of hosting soccer’s most prestigious tournament, the World Cup. The outcome hinged on a decision by the executive committee of FIFA, soccer’s governing body, and a single vote …

Govt. does not have will to help Tamils

Govt. does not have will to help Tamils

Chief Minister of Sri Lanka’s Northern Province, C.V. Wigneswaran, has accused the country’s Central government of not “having the will” to help Tamils or minorities. Pointing out that this had been the “characteristic” of what had been taking place in the country, Mr. Wigneswaran told …

Sri Lanka shows the will to fight corruption

Sri Lanka shows the will to fight corruption

Speaking to a packed house of who’s who in Colombo business, senior Attorney-at-law, human rights and good governance activist J C Weliamuna said that South Asia has no strong tradition and history of fighting grand corruption, and encouragingly for the first time, Sri Lanka is …

Penalty interest rates on exports from June

Penalty interest rates on exports from June

Sri Lanka will impose penalty interest rates on exports from June 1 to force exporters to covert dollars reviving measures usually imposed by the Central Bank during a balance of payments crisis. In a circular issued to banks, exporters with packing credit facilities who do …

Tamil Tiger’s Palm D’or light

Tamil Tiger’s Palm D’or light

Up until the very evening of May 24, the focus was on Aishwarya’s red carpet evolution, Sonam Kapoor’s electric blue gown and why Katrina Kaif chose to wear the exact shade of the red carpet at the 2015 Cannes Film Festival. Then, it was a …

China to invest $900 billion in New Silk Road

China to invest $900 billion in New Silk Road

Until now, much of what China’s revealed about its New Silk Road economic corridor that spans Central Asia and Europe has been painted in broad brushstrokes. Officials are now giving details. The China Development Bank (CDB) unveiled plans Thursday to invest more than $890 billion …