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‘s treasury bill rates move up by 5-basis points
August 8, 2006 (LBO) – Sri Lanka’s borrowing costs moved up on average by 5-basis points, when the Central Bank sold 8.3 billion rupees in treasury bills on Tuesday.Yields for three month notes rose 5-basis points to 10.38 percent, six month treasuries gained 4-basis points to 10.53 percent, while one year bills gained 5-basis points […]
‘s tourism arrivals slip 2.5% in July
August 8, 2006 (LBO) – Sri Lanka greeted fewer visitors for the second straight month in July, as holidaymakers shied away amidst heavy fighting between government and Tamil Tiger rebels. The Indian Ocean Island welcomed 55,354 travellers 2.5 percent lower over the corresponding month last year and the low numbers is also threatening the leisure […]
‘s road accidents: report
NEW DELHI, Aug 8, 2006 (AFP) – India accounts for six percent of global road accidents but has only one percent of the world’s vehicles, a safety research consultant said Tuesday.The country has the world’s fourth highest annual tally of road accidents, said Jeya Padmanaban of consultancy JP Research, according to a Press Trust of […]
Tigers lift water blockade
Aug 8, 2006 (AFP) – Tamil Tiger rebels lifted a water blockade Tuesday at the root of Sri Lanka’s latest bloodshed, which has officially claimed over 440 lives, as a car bomb killed three people in the capital.The fighting in the past fortnight has been the worst since the 2002 truce, which has been repeatedly […]
Families bury massacre victims amid tight security
TRINCOMALEE, Sri Lanka, Aug 8, 2006 (AFP) – Relatives Tuesday sprinkled perfumed water and buried aid workers gunned down inside their office in strife-torn northeastern Sri Lanka, while police maintained tight security.“I just want to get his remains now and give him a decent burial. There is nothing more I can do.He is already dead.” […]
Sri Lankan aid workers were shot dead: French charity
PARIS, Aug 8, 2006 (AFP) – Seventeen employees of a French charity found dead in northeastern Sri Lanka at the weekend were all executed by gunfire, the group confirmed Tuesday, demanding that those responsible be severely punished. Following the massacre, the charity suspended its local mission to Sri Lanka, whose 15 expatriate and 224 local […]
ICRC seeking urgent access to stranded Sri Lankan town
GENEVA, Aug 8, 2006 (AFP) – The International Committee of the Red Cross is trying to negotiate urgent access to the area around the northeastern Sri Lankan town of Muttur, where at least 4,000 people are thought to be stranded by fighting, a spokeswoman said Tuesday.Shelter equipment and clothing for the displaced were being distributed […]
Three dead in Sri Lanka bomb attack
Aug 8, 2006 (AFP) – Three people were killed Tuesday in a bomb attack aimed at a Sri Lanka politician opposed to Tamil Tiger rebels who have been fighting a separatist insurgency here for decades, police said.The blast, which exploded in front of a girls’ school in a crowded area of the island nation’s capital […]
After aid killings, Sri Lanka fighting goes on
TRINCOMALEE, Sri Lanka, Aug 8, 2006 (AFP) – Sri Lanka troops launched fresh artillery attacks against Tamil Tigers from bases in this port city Tuesday, as grieving relatives prepared to bury aid workers killed in the conflict.An estimated 60,000 people have been killed since the Tamil insurgency began in 1972. The bodies of 17 employees […]
Families of Sri Lankan massacre victims cry for justice
TRINCOMALEE, Sri Lanka, Aug 8, 2006 (AFP) – Slumped on the ground outside the hospital in this strife-torn Sri Lankan port town, Khanthasami Sivapaka cries for justice for his favourite daughter — one of 17 aid workers mown down by gunmen.Beside him are freshly painted maroon coffins, delivered to the Trincomalee General Hospital’s gloomy mortuary […]