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Bigger Say
October 25, 2006 (LBO) – Sri Lanka’s conglomerate John Keells Holdings Ltd Wednesday said it has raised its ownership in port operator South Asia Gateway Terminals (Pvt) Ltd to 33.75 percent. “The success of SAGT further proves the ability of Sri Lankan companies to develop and add value to large scale infrastructure projects,” Ratnayake added. […]
BPO Ponzi
October 25, 2006 (LBO) – A Ponzi-style fraud that was masquerading as an internet based outsourcing company, shut up shop Wednesday, leaving thousands of Sri Lankan defrauded of millions of rupees. Mt. Lavinia police said the operators, who ran a company called Seagullsoftwares have fled the office and they had no idea how many people […]
Major Update
SAN FRANCISCO, Oct 24, 2006 (AFP) – Mozilla on Tuesday released a new version of its Firefox web browser that has gained popularity as a free alternative to Microsoft’s ubiquitous Internet Explorer software.In the two years since its release by the nonprofit Mozilla Foundation, the Firefox browser has won millions of devotees worldwide. The Firefox […]
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ABU DHABI, Oct 25, 2006 (AFP) – Tamil Tiger rebels heading for peace talks in Geneva are banking on international pressure on the Sri Lankan government to stop the island returning to “real war”, a top guerrilla leader said Wednesday. “If the international community fails to put pressure on the government to implement the (February […]
Sri Lanka airlifts food to stranded people of Jaffna
Oct 25, 2006 (AFP) – Sri Lanka has airlifted hundreds of tons of food and other essential items to Jaffna, which was cut off more than two months ago by fighting with Tamil rebels, the defense ministry said Wednesday. The military operated emergency flights Tuesday and Wednesday and was expected to ferry more goods to […]
Europe gives Sri Lanka additional aid for conflict displaced refugees
Oct 25 (LBO) – The European Commission will give Sri Lanka five million Euros or 667 million rupees in emergency aid to help over 200,000 internally displaced people in an increasingly violent local conflict. The additional funds will add to seven million euros approved for aid work in the country in July this year and […]
Sri Lanka and Tamil Tigers set different agendas for peace talks
Oct 25, 2006 (AFP) – Sri Lanka and Tamil Tiger negotiators have set different agendas for weekend peace talks in Switzerland following months of bloodshed. The Colombo government said Wednesday it wanted the Liberation Tigers of Tamil Eelam (LTTE) to commit to a schedule and to discuss the “core” issues in the island’s separatist armed […]
‘s frontline as talks near
TANDIKULAM CHECKPOINT, Sri Lanka, Oct 25, 2006 (AFP) – A long wooden pole laid across the road up ahead marks the start of Sri Lanka’s “Tigerland”.A colleague of his motioned to the field of vehicles and added: “After the peace talks, hopefully we won’t have to do this.” On this side of the pole lies […]
Affordable Rides
October 25, 2006 (LBO) – Sri Lanka Wednesday cut retail fuel prices, to ease living costs and inflationary pressures, though the treasury still owes the state petroleum giant over 13 billion rupees. With effective midnight, petrol at the pump will be priced 5.00 rupees less at 92.00 rupees, and diesel goes down 2.00 rupees to […]
Belgium businessmen hunt in Sri Lanka for investment opportunities
Oct 25, 2006 (LBO) – A group of Belgian investors began a three-day visit in Colombo, scouting for potential investment opportunities to grow trade between both nations, officials said. Belgium’s ‘Duvel’ beer will also be launched in Sri Lanka to coincide with the visit. The trade balance is currently tipped in Sri Lanka’s favour, with […]