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SYDNEY, July 25, 2007 (AFP) – A New Zealander was jailed for 24 years Wednesday after being convicted of the first murder in 150 years on the tiny South Pacific territory of Norfolk Island.He will be eligible for parole after a minimum of 18 years. Glenn McNeill, 29, murdered Australian Janelle Patton and dumped her […]
Sri Lanka blast deaths climb to 12
July 25, 2007 (AFP) – The death toll in a bomb attack against a military convoy in northern Sri Lanka rose to 12 as a wounded soldier died in hospital on Wednesday, police said.The Tigers have been fighting for a separate state for minority Tamils for 35 years, a conflict that has claimed more than […]
Sri Lanka badmouthed by terrorists, sympathizers, political promoters, ignoramuses: CB Governor
July 25, 2007 (LBO) – Negative views about Sri Lanka’s economy are promoted by terrorists, terror sympathizers, promoters of political agendas and people who are unaware of the real picture, the country’s Central Bank governor said. “We are not saying Sri Lanka is perfect. We have a lot of room to grow. We have a […]
Investment banks in detailed bids for Sri Lanka sovereign bond
July 25, 2007 (LBO) – Investment banks vying to lead-manage a sovereign bond issue have started to make detailed presentations to the Sri Lanka government as official data showed that the country’s foreign reserves were coming under pressure. The beauty parade is expected to be completed this week with banks making proposals for 400 and […]
Sea Guard
July 24, 2007 (LBO) – Tough security measures at Colombo harbour are causing delays both on the sea side as well as the land side, prompting port customers to take up the matter with the authorities. Shipping line executives and shippers say they do not mind the tough security measures put in place to thwart […]
Bittersweet Battle
July 24, 2007 (LBO) – A former minister who oversaw Sri Lanka’s privatization commission has gone to court seeking to block the sell down of a defunct sugar firm to a private firm. Sooriyaarachchi also alleged that the liabilities of Hingurana Sugar were not transferred to the new company. Sripathi Sooriyaarachchi, a rebel parliamentarian of […]
Chinese style capitalism rattle Indian socialist democracy
MUNDHA KHERA, India, July 24, 2007 (AFP) – It’s a hot, humid Sunday morning in northern India, but the oppressive heat does not deter a group of about 15 farmers from trudging door-to-door, offering advice and sometimes warnings. “Do not sell your precious land. Even if you are offered millions of dollars, do not sell. […]
Japan to design stealth jet: report
TOKYO, July 24, 2007 (AFP) – Japan’s defence ministry hopes to make a prototype of a next-generation stealth plane, the first new fighter jet designed by the officially pacifist country in 30 years, a report said Tuesday.The design would not include installing weapons and it is unclear if Japan would actually produce the prototype due […]
‘s easy win
July 23, 2007 (AFP) – Sanath Jayasuriya became the first player to achieve the one-day double of 10,000 runs and 300 wickets as Sri Lanka thrashed Bangladesh by five wickets here on Monday. The 38-year-old veteran gave an impressive all-round performance, taking 4-31 before making 24 to help the home side take an unbeatable 2-0 […]
Sri Lanka violence kills 14 amid red alert
July 24, 2007 (AFP) – At least 14 Sri Lankan government troops were killed in Tamil Tiger attacks in the north of the island Tuesday as the capital was put on red alert over fears of more rebel bombings, officials said.At least 10 soldiers were killed when their military convoy was hit by a huge […]