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EU urges end to fighting in Sri Lanka
HELSINKI, Oct 14, 2006 (AFP) – The European Union on Saturday urged Sri Lanka’s leaders and the Tamil Tiger rebels to end fierce fighting which threatens peace talks due this month, after a week of raging violence there.“The presidency urges the government of Sri Lanka and the LTTE to ensure that humanitarian aid deliveries be […]
‘ bodies to be exhumed in Sri Lanka
Oct 14, 2006 (AFP) – The bodies of 15 aid workers massacred in Sri Lanka will be exhumed next week in a fresh bid to determine who killed them, their French employer said Saturday as sporadic fighting continued in the troubled north of the island.The aid victims were among 17 mostly Tamil workers with the […]
Sri Lankan jets drop 48 bombs on Tamil Tiger village: website
Oct 14, 2006 (AFP) – Sri Lankan army jets dropped 48 bombs on a village in Tamil Tiger-controlled territory on Friday, a pro-rebel website said, amid ongoing violence in the troubled northeast.Japan, Sri Lanka’s main financial backer, was also sending special peace envoy Yasushi Akashi to the island on Sunday to meet with the government […]
Sri Lankan rupee hits a record low; exports still competitive: Central Bank
October 12, 2006 (LBO) – The Sri Lankan rupee fell to a lifetime low Friday, depreciating just over 3-percent in value against the U.S. dollar, but the Central Bank says the currency has gained slightly against other key countries. The rupee softened to 105.95 to the dollar from Thursday’s close of 105.50 as importer bought […]
Sri Lankan rupee ends all time low; share prices edge up
October 13, 2006 (LBO) – Sri Lankan rupee closed to a lifetime low Friday, on heavy demand by imports to settle trade bills, while share prices rose as investors were upbeat over a possible resumption of talks between the government and the Tamil Tiger rebels.The rupee fell to 105.95 to the dollar from Thursday’s close […]
Flight Delays
SINGAPORE, Oct 13, 2006 (AFP) – Delays in delivery of the Airbus A380 super jumbo have led to “a big problem” for Dubai-based Emirates, the single biggest customer for the passenger aircraft, the airline’s president said Friday. Other regional carriers, including launch customer Singapore Airlines, have also expressed disappointment at the A380 delays, which Airbus […]
Flight Path
Oct 13, 2006 (LBO) – SriLankan Airlines is ripe for expansion and is looking for about 11 new planes to beef up airline seat capacity, says Tim Clark, Managing Director of SriLankan. SriLankan Airline’s net profits as at end March this year, rose to 797.93 million rupees over 7.66 million rupees, while group net profit […]
Sri Lanka greets fewer visitors in Sept; hopes peace, discount airfares will reverse fortunes
Oct 13, 2006 (LBO) – Sri Lanka’s visitor arrivals in September fell 12 percent, but the Tourism Board is hoping discount airfares and peace talks between the government and Tamil Tiger rebels would stem the slide. Holidaymakers to this tear shaped island fell 11.6 percent to 38,485 visitors in September over the corresponding period 2005, […]
Braille Bills
Oct 13, 2006 (LBO) – Sri Lanka’s Telecom watchdog ordered local telco operators on Friday to provide consumer bills in Braille for the visually handicapped. Sri Lanka has four mobile phone operators Dialog, Celltell, Mobitel and Hutchison and three fixed line operators Sri Lanka Telecom (SLT), Suntel and Lanka Bell. For the six months to […]
Microcredit: a tool for peace
PARIS, Oct 13, 2006 (AFP) – Microcredit has become an increasingly powerful tool to liberate the world’s poorest people, particularly women, from the prison of poverty and the power of loan sharks. It provides access to small loans to the world’s 1.2 billion poor people so they can rebuild their homes, pay school fees or […]