Sri Lanka News Updates with Discussions

I would have love to see this advice given to Kural when he said 'that there will be a bloodbath in the south if SLDF doesn't stop the offensive...'

Where is KukkuKuraL....

Well lets keep attracting the FBI/NSA/CIA attention.. shall we?

What kind of investors are you marketing the fund to?
We d like to have an investor base as mixed as possible and hope to have no more than one-third of investors coming from the U.S. and Europe. But for the majority, our focus is on Asia, particularly Indian institutions and high-net worth individuals, and to a lesser extent, ASEAN and the rest of Asia. That s because they understand the Sri Lanka story. It s the Cinderella story of Asia. Like all Cinderellas, Sri Lanka is the prettiest girl although she works in the kitchen infested with rats and Indians understand that. It s closely tied to the Indian economy, almost like another province of India.

Virtually every company in Sri Lanka is not adequately capitalized and is not efficient. For instance, some tea factories in the country are using machinery that s 90 to 100 years old, and some are still powered by steam engines. The country has the biggest concentration of low-hanging fruit on the planet. It has been in a war for 25 years, which means no investment for 25 years. We are taking something out of the 19th century and into the 20th century. Accordingly, we will use very limited leverage, no more than one-third of the transaction value. And the leverage will be primarily for working capital needs.

http://blogs.wsj.com/privateequity/2009/06/29/new-pe-firm-says-sri-lanka-is-cinderella-story-of-asia/

June 30 (Island) An LTTE leader and his deputy were arrested by the anti-terrorist unit of the Vavuniya Police, while they were in the company of a young pregnant girl, according to reports from Vavuniya Police. Identified as Keenan and Kannawan, they were arrested at Pesalai in Mannar. When Police arrested them they were in possession of two claymore mines, two T-56 weapons, five magazines and 142 rounds of ammunition.

Well lets keep attracting the FBI/NSA/CIA attention.. shall we?

June 30 (Island) An LTTE leader and his deputy were arrested by the anti-terrorist unit of the Vavuniya Police, while they were in the company of a young pregnant girl, according to reports from Vavuniya Police. Identified as Keenan and Kannawan, they were arrested at Pesalai in Mannar. When Police arrested them they were in possession of two claymore mines, two T-56 weapons, five magazines and 142 rounds of ammunition.

Don't worry FBI/NSA/CIA and Indian RAW are paying attention to Sinhala-Chinese nexus.