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‘s flying Tigers strike again
April 24, 2007 (AFP) – Tamil Tiger rebels flying light aircraft bombed Sri Lanka’s northern Jaffna peninsula Tuesday and launched an artillery attack, killing at least six soldiers, officials and the rebels said.In their second air strike in as many months, Liberation Tigers of Tamil Eelam (LTTE) spokesman Rasiah Ilanthiriyan said two light aircraft were […]
Sri Lanka army chief says Tamil Tiger air raid was met with ground fire
April 24, 2007 (AFP) – Tamil Tiger rebels used aircraft to target Sri Lanka’s main military complex in the Jaffna peninsula Tuesday but were beaten back by ground fire, the army chief said on national television. Lieutenant General Sarath Fonseka said they used ground fire to attack the rebel aircraft which changed course and bombed […]
North Sri Lanka Tamil Tiger air raid kills six
April 24, 2007 (AFP) – Separatist Tamil Tiger rebels flying light aircraft bombed a military airbase on Sri Lanka’s northern peninsula of Jaffna on Tuesday, killing at least six people, officials and the guerrillas said.The government on Monday asked peace broker Norway to put off a visit to rebel-held territory by their ambassador, citing security […]
Sri Lanka bus blast death toll goes up to 5
April 24, 2007 (AFP) – Suspected Tamil Tiger rebels set off a bomb in northern Sri Lanka, killing five bus passengers and wounding another 33, defence officials said Tuesday.The Liberation Tigers of Tamil Eelam (LTTE) set off the blast in the district of Vavuniya, 250 kilometres (150 miles) north of Colombo just before midnight on […]
Sri Lanka Tamil Tigers claim new air attack
April 24, 2007 (AFP) – Tamil Tiger rebels said they carried out their second-ever air attack on Sri Lankan government troops on Tuesday, a claim that was immediately denied by the military. The government on Monday asked peace broker Norway to put off a visit to rebel-held territory by their ambassador, citing security considerations. Two […]
Port Consolidation
April 24, 2007 (LBO) – Maersk, the world’s largest container shipping line, is to buy a bigger stake in South Asia Gateway Terminals (SAGT), Colombo Port’s privatized transshipment facility, in a deal that sees Dubai Ports World selling out. Other shareholders of SAGT are Evergeen, SLPA, and multilateral lenders. Maersk is currently Colombo’s biggest customer […]
Sri Lanka top trade chamber to brainstorm double digit growth in June
April 24, 2007 (LBO) – Sri Lanka’s top trade chamber is kicking off an economic an investment forum in June, to boost growth to double digits and build consensus and partnership among the public and private sector, officials said. The Ceylon Chamber of Commerce is hosting the three-day ‘Sri Lanka Economic Summit’ starting June 08, […]
Canada says Sri Lanka needs more tsunami recovery help at grassroots level
April 24, 2007 (LBO) – More post-tsunami recovery work is needed in Sri Lanka especially in the north and east of the island, at a community level, a donor agency has said. The Canadian International Development Agency (CIDA) has been working with local community based organizations and non-governmental organizations, through a 300 million rupee fund. […]
Changing Heads
April 23, 2007 (LBO) – Lanka Orix Leasing Company, a listed leasing company, had hired Citibanker Kapila Jayawardena as Group Chief Executive Officer, the company told the Colombo Stock Exchange Monday. He would also be Managing Director/CEO of Lanka Orix Leasing Company. “Well I have been working mainly in the corporate banking arena. This gives […]
Secret Confiscation
April 23, 2007 (LBO) – The losses caused to a pension fund of two million Sri Lankan workers by the authorities through the use of a barely understood monetary technique reached a peak in 2006, according to the latest official data. “You know richer people, who can get the help of good accountants, good advisors […]