The Lanka Academic

 
JUNE 30, 2010 EST, USA
 
QUAERE VERUM
 
VOL. 11, NO. 85

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Headline Summary
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T  O  P      H  E  A  D  L  I  N  E
Beijing tightens its embrace of Sri Lanka
Financial Times, June 30, 2010. At Hambantota, a remote fishing town on Sri Lanka's south coast, Chinese engineers dig a channel through the beaches, connecting the Indian Ocean with a vast inland pit, whose soaring concrete walls dwarf the earth-moving equipment working below.

Next year, project managers will fill this man-made crater with water, creating the first phase of an international harbour that will service the passing ships of the oil trade between east Asia and the Middle East.

"There are a lot of local crowds who come to see this," says an official guide, who takes tourists to a vantage point where Mahinda Rajapaksa, Sri Lanka's president, is pictured standing alongside Wen Jiabao, the Chinese premier. More...
Published: Wed Jun 30 11:23:37 EDT 2010


Sri Lanka Plans to Sell Dollar Bonds Overseas by End of 2010
BuisnessWeek, June 30. June 30 (Bloomberg) -- Sri Lanka plans to sell dollar- denominated bonds overseas by the end of this year as an improving economy bolsters confidence in the nation’s assets, according to the central bank. The South Asian country’s third-ever overseas offering is likely after August, Central Bank of Sri Lanka Assistant Governor C.J.P. Siriwardena said in a telephone interview today. The size of the issue has yet to be decided, he added. “With the expanding growth figures and International Monetary Fund installment, investor perception is high,” Siriwardena said in Colombo. More...
Published: Wed Jun 30 09:42:35 EDT 2010 Back to the top

Former Aussie PM Howard fails in bid to become ICC vice-president
CP, June 30. SINGAPORE — Former Australian prime minister John Howard has failed in his bid to become vice-president of the International Cricket Council, after his name was withdrawn Wednesday over growing opposition from several Asian and African countries. The ICC said in a statement that Cricket Australia and Cricket New Zealand, which jointly proposed Howard for the job, have been asked to submit a new candidate by Aug. 31. It said it would have no further comment until a press conference Thursday. More...
Published: Wed Jun 30 09:44:12 EDT 2010 Back to the top

Sri Lanka denies deal with 'rump Tamil Tigers'
bbc.co.uk, june 30. Sri Lankan Defence Secretary Gotabhaya Rajapaksa has denied reports that the government is forming an "alliance" with the "rump" of the Tamil Tigers... Back to the top

Lankan CID chief, hotel staff held for Chennai man's murder
toi, june 30. CHENNAI: An Indian national from Chennai, Thennarala Selvaraja (24), who went to Colombo earlier this month to work as a chef, was murdered over the weekend and his body thrown into the sea... Back to the top

Ex-presidential security chief jailed in Sri Lanka
Siffy, june 30. A former presidential security chief was jailed Tuesday for four years on a conviction of threatening a fellow police officer during an election rally nine years ago, a court official said... Back to the top

Tigers lurk in the shadows after 14 months of peace
gulfnews, june 30. Elephant Pass: The military checkpoint here is sponsored by the Colonial Group, pipe and steel manufacturers based in Colombo... Back to the top

Sri Lanka President Visits Ukraine
Eurasia Review, June 30. President Mahinda Rajapaksa left for Ukraine today (29 June) for an official visit on an invitation by the President of Ukraine, Victor Yanukovich... Back to the top

Honorary Degree for Human Rights Activist Radhika Coomaraswamy
Univ of Ulster, June 30. Radhika Coomaraswamy is the United Nations Under-Secretary-General, Special Representative for Children and Armed Conflict... Back to the top

Sri Lanka proposes heavy defence budget despite end of civil war
AP, June 29. COLOMBO, Sri Lanka — Sri Lanka has retained much of its heavy defence budget this year more than a year after ending the country's civil war, the government said Tuesday... Back to the top

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