Supreme Court judge surrenders over assault

Sovereign Bond issue oversubscribed 2.2 times

The Central Bank of Sri Lanka (CBSL), on behalf of the Government of Sri Lanka (Sri Lanka), successfully raised US$1,500 million 10-year International Sovereign Bonds (Bond) with a coupon of 6.850% per annum at par on October 27, 2015. This marks Sri Lanka?s ninth US Dollar benchmark as well as the largest offering in the international bond market since 2007. The Bonds have been rated ‘BB-‘, ?B1? and ?B+’ by Fitch Ratings, Moody’s Investors Service and Standard and Poor?s respectively. Citigro

28 Oct, 2015

Australia accused of criminal activity on asylum issue

New evidence gathered by Amnesty International suggests that Australia?s maritime border control operations now resemble a lawless venture with evidence of criminal activity, pay-offs to boat crews and abusive treatment of women, men and children seeking asylum. Through interviews with asylum-seekers, a boat crew and Indonesian police, a new report ? By hook or by crook ? exposes evidence that, in May 2015, Australian officials working as part of Operation Sovereign Borders paid six crew who ha

28 Oct, 2015

Two Lankans grilled by Indian authorities

Two Sri Lankan fishermen who were arrested recently after they strayed into Indian waters near Vedaranyam were interrogated by a team of top officials at the Nagapattinam Collectorate on Tuesday, The Hindu newspaper reported. The duo K. Roobadoss (21) and D. Nishanth (23) were interrogated for over an hour by the joint team comprising District Collector S. Palanisamy, Superintendent of Police Abhinav Kumar, a senior officer of the Indian Navy, personnel of State police intelligence units, offic

28 Oct, 2015