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” of downed plane
April 30, 2007 (AFP) – Sri Lanka’s Tamil Tiger rebels said Monday that they hit a military war plane on a bombing mission over their territory with anti-aircraft fire.The Liberation Tigers of Tamil Eelam (LTTE) said they attacked the Israeli-built Kfir jet Monday as it flew over the rebel-held Kilinochchi district, but that the aircraft […]
No Connection
April 30, (LBO) – Emirates Airlines said Monday flights to Colombo will remain suspended after a security review, following Tamil Tiger rebel air raids. The Katunayake airbase itself was bombed on March 26 in the rebels’ first air strike. The airline, which manages and partly owns SriLankan, the island’s national carrier, suspended flights along with […]
Day Only
April 30, 2007 (LBO) – Singapore Airlines has stopped night flights to Colombo, the airline said Monday, after the third incident involving Tamil Tiger aircraft and anti-aircraft fire from an air base adjoining the main airport. “Singapore Airlines wishes to inform all its customers and the traveling public that following a security review, effective from […]
Sri Lanka tea industry to get back withheld funds; objections to new cess
April 30, 2007 (LBO) – The Sri Lankan government has agreed to release all funds owed to the tea industry from the export cess but key stakeholders are opposing a proposal to further increase the cess. Tea Board Chairman Lalith Hettiarachchi told LBO the Cabinet had agreed to release all funds of the tea export cess, […]
Full Control
KUALA LUMPUR, April 30, 2007 (AFP) – Malaysia’s largest mobile operator Maxis Communications said Monday that controlling shareholder, businessman Ananda Krishna has made an offer to take the company private. Maxis said in a statement to the Kuala Lumpur stock exchange that its substantial shareholder, Usaha Tegas — Ananda’s private company — intends “to launch […]
Be Prepared
April 30, 2007 (LBO) – Two Sri Lankan firms which are providing disaster recovery services for BPO firms in Sri Lanka are expanding and hunting for more business. Lanka Communication (LankaCom) and Blue Chip Customer Engineering say natural disasters and increasing unrest is driving businesses to look for disaster recovery specialists to provide business continuity […]
” to Sri Lanka – Australia farce: Speed
BRIDGETOWN, Barbados, April 30, 2007 (AFP) – Officials whose error led to the farcical finish in the World Cup Final do still have a future in cricket, according to Malcolm Speed. The International Cricket Council chief executive said the five-man playing control team led by match referee Jeff Crowe were full of regret for their […]
Sri Lanka security high for early May Day rallies
April 30, 2007 (AFP) – Sri Lankan police stepped up security in the capital Monday as political parties prepared to stage May Day rallies a day ahead of the rest of the world, officials said. Suspected Tamil Tiger rebels launched a suicide bomb attack in 1993 during a ruling party May Day rally and assassinated […]
Sri Lanka inflation falls despite rising oil prices in April as money printing tapers off
April 30, 2007 (LBO) – Sri Lanka’s inflation fell for the third month in a row in April after the Central Bank stopped printing money to finance the budget deficit and tightened monetary policy from December 2006. Consumer price increases in the past twelve months measured by the Colombo Consumer Price index fell to 16.3 […]
Air Attack III
April 29, 2007 (LBO) – Sri Lanka cut power to the capital Colombo early Sunday local time, when millions were watching their team bat in the finals of the World Cup, after a suspected Tamil Tiger aircraft intrusion from the north western part of the island. Go to LBO front page at www.lbo.lk for updates […]