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‘s most wanted claims Lahore attack, threatens US
LAHORE, March 31, 2009 (AFP) – Pakistan’s most wanted militant Tuesday claimed responsibility for a deadly police academy assault and threatened to attack the US capital in retaliation for a series of air strikes. Pakistani Taliban chief Baitullah Mehsud, for whom the United States has posted a five-million-dollar reward, said there would be more attacks […]
‘s son wounded: military
April 1, 2009 (AFP) – Tamil Tiger rebel leader Velupillai Prabhakaran’s eldest son was wounded in battle against Sri Lankan security forces, military spokesman Brigadier Udaya Nanayakkara said on Wednesday.Prabhakaran’s location is uncertain, though the Tigers say their leader is still with his men as they try to stave off defeat at the hands of […]
Lubricant Trends
April 01, 2009 (LBO) – Sri Lanka’s Chevron unit said net profit for the 2008 financial year fell 12 percent to 948 million rupees from a year ago with high fuel price and economic slowdown reducing sales amid increasing competition.Revenue for the financial year ending December 31, 2008 rose three percent to 8.9 billion rupees, […]
Sri Lankan stocks close down
Mar 31, 2009 (LBO) – Sri Lankan shares closed down on Tuesday, dragged down by blue chips such as John Keells Holdings (JKH) and National Development Bank (NDB) on low volume trades despite inflation and interest rates coming down, brokers said. Dialog Telekom, a subsidiary of Telekom Malaysia, closed flat at 4.90 rupees. The All […]
Sri Lanka, Nepal mull tourism, air links
Mar 31, 2009 (LBO) – Sri Lanka and Nepal are discussing joint tourism packages that combine the attractions of Himalayan hikes with Indian Ocean beaches, the island’s international trade minister Gamini Lakshman Peiris said.Collective action by south Asian countries such as broadening trade in services like tourism could help them better cope with the effects […]
Health Support
March 31, 2009 (LBO) – The US Agency for International Development (USAID) has given equipment and basic medical supplies to Sri Lanka’s health service for use in the north of the country, the US embassy in Colombo said. Sri Lanka’s health ministry will distribute these supplies to hospitals in Vavuniya, Mannar, Trincomalee, and Anuradhapura, where […]
GK Case
Mar 31, 2009 (LBO) – Sri Lanka’s Supreme Court has asked Golden Key Credit Card Company, a collapsed financial firm, and its directors to declare assets and for the island’s banking regulator to probe the firm, lawyers said.Depositors also asked the passports of directors to be impounded, saying one director has already left the country […]
Card Terminals
Mar 31, 2009 (LBO) – Sri Lankan teleco Lanka Bell and EPIC Lanka Technologies, an information technology firm has tied up to provide wireless point of sale terminals to acquire credit card transactions. EPIC Lanka is an 11-year old company dealing in secure electronic payments and information systems security. Lanka Bell operates a fixed access […]
Sri Lankan troops replaced at refugee camps
March 31, 2009 (AFP) – In response to pressure from the United Nations Sri Lanka withdrew its troops from camps for thousands of civilians who have escaped the island’s vicious civil war, a minister said Tuesday.About 61,000 people who have fled the combat zone and are housed in a dozen “welfare camps” will instead be […]
Sri Lanka army slows offensive against Tigers
March 31, 2009 (AFP) – Two months after President Mahinda Rajapakse vowed that the Tamil Tiger rebels would be defeated within days, fighting rages on in Sri Lanka at the cost of escalating military, rebel and civilian lives.Government forces who were advancing into Liberation Tigers’ of Tamil Eelam (LTTE) territory at the rate of more […]