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Posts tagged as “Company”

Solar power generation: Unsolicited Chinese proposal to Irrigation Ministry?

By Maheesha Mudugamuwa in The Sunday Morning, Dec 3, 2023Solar power generation: Unsolicited Chinese proposal to Irrigation Ministry?—* CEB unaware of proposal amidst controversial evaluationAnother unsolicited proposal from a Chinese company to build a floating solar plant on Malwathu Oya is currently under evaluation by the Irrigation Ministry, The Sunday Morning learns. It is reliably learnt that the proposal had been submitted to the ministry last week. When contacted, Irrigation Ministry Secretary U.D.C. Jayalal confirmed…

Chinese Company Dismisses 12 Local Workers for Protesting over Their Rights

By Sulochana Ramiah Mohan in Ceylon Today, Nov 25, 2023The challenges faced by Sri Lankan workers abroad, enduring harassment and exploitation, is a common global concern, with paymasters having the upper hand on their hapless workers. Yet, an alarming and unusual trend has emerged with workers facing mistreatment, being denied time for meals and encountering deceit regarding EPF, ETF, and insurance schemes by a particular Chinese company operating near Medawachchiya in the North Central Province.…

Two Canadian cops testify in Niko graft case:

Report in The Daily Star, Oct 31, 2023Two officials of Royal Canadian Mounted Police yesterday narrated before a Dhaka court how some people, including a former Bangladeshi minister received bribes from Niko, a Canadian Oil and Gas Exploration Company, to award a gas exploration and extraction deal to the company. The witnesses were earlier summoned, asking them to appear before it yesterday in connection with the Niko graft case filed against BNP Chairperson Khaleda Zia…

Axiata, Ncell claim Oli had assured no capital gains tax on Ncell buyout deal:

By Prithvi Man Shrestha in The Kathmandu Post, June 14, 2023CPN-UML chair and former prime minister KP Sharma Oli allegedly assured Ncell and its parent company Axiata that no capital gains tax would be applicable when Axiata was preparing to buy Ncell in 2015. Axiata Investments (UK) Limited and Ncell made such claims while submitting their position at the dispute settlement tribunal formed by the International Centre for Settlement of Investment Disputes (ICSID), an international…

Sri Lanka gives Chinese company 50-year exclusivity for port logistics venture

By Kapila Bandara in The Sunday Times, Apr 30, 2023Sri Lanka has granted sole and exclusive rights to the Chinese state enterprise China Merchants Port Holdings Company for a logistics centre in the Port of Colombo for 50 years. The public-private venture on build, operate, and transfer (BOT) terms, involves Sri Lanka Ports Authority (SLPA), and civil engineers Access Engineering Plc as minority shareholders. SLPA is not allowed under the BOT agreement, “to grant any…

Taliban admin in oil extraction deal with Chinese company

Reuters report, Jan 6, 2023A screengrab shows a view of the CNPC (China National Petroleum Corporation) plant near the Amu Darya basin in Sar-e Pul northern province of Afghanistan. Reuters file photoAfghanistan’s Taliban-led administration is to sign a contract with a Chinese company to extract oil from the Amu Darya basin in the country’s north, the acting mining minister said on Thursday. The contract would be signed with Xinjiang Central Asia Petroleum and Gas Co…

Taliban admin in oil extraction deal with Chinese company

Reuters report, Jan 6, 2023A screengrab shows a view of the CNPC (China National Petroleum Corporation) plant near the Amu Darya basin in Sar-e Pul northern province of Afghanistan. Reuters file photoAfghanistan’s Taliban-led administration is to sign a contract with a Chinese company to extract oil from the Amu Darya basin in the country’s north, the acting mining minister said on Thursday. The contract would be signed with Xinjiang Central Asia Petroleum and Gas Co…

Banned outfit claims botched attempt to blow up two pylons

report in Dawn, December 8th, 2022HYDERABAD: Two pylons of high transmission lines of National Transmission and Dispatch Company (NTDC) were partially damaged in Jamshoro when improvised explosive devices planted with the pylons’ foundations exploded late on Tuesday night. The Sindhudesh Revolutionary Army (SRA), which was said to have claimed responsibility for blowing up the pylons, said that all supply lines to Punjab were its target. The explosions took place at towers No467 and 463 located…

Sri Lankans falling prey to Pyramid racket called Onmaxdt

by Rahul Samantha Hettiarachchi in Daily Mirror on line, Dec 1, 2022 at 10:21 amMany Sri Lankans have fallen prey to a surreptitiously carried out Ponzi Scam run by a purportedly Australian Company Onmaxdt, it is learned. A source at the Onmaxdt scheme said senior Government officials, leading businessmen, Police officers and ordinary people from several areas of the country were among its members and that the ordinary people had even mortgaged their property to…