Sri Lanka’s World Trade Centre bans cars on bomb fears

May 25, 2006 (AFP) – Sri Lanka’s twin-tower World Trade Centre banned vehicles Thursday fearing a car bomb attack by Tamil separatist rebels, police and tenants of the complex said.As part of stepped-up security measures, the 39-storey office complex in the heart of Colombo blocked all vehicles from entering, Colombo’s police chief Pujith Jayasundara said. […]

Dormant Money

May 25, 2006 (LBO) – Sri Lanka is looking at the possibility of taking over the dormant accounts and property deposited in commercial and specialised banks which have remained unclaimed over a long period of time, banking sources said. The Central Bank is already collecting data on all bank accounts and properties which have not […]

Fresh Look

May 25, 2006 (LBO) – The Hayleys Group said Thursday that Nirmala Gihan Wickremeratne, Deputy Chairman, will succeed Rajan Yatawara as Chairman of the blue chip conglomerate effective 10th January 2007, on the retirement of the latter after over 40 years of service. Wickremeratne, who joined Hayleys in 1971 and was appointed to the Board […]

Firm Faith

May 25, 2006 (LBO) – Sri Lanka’s biggest leasing company, People’s Leasing, has begun offering Islamic financial products, catering to Muslims who regard interest-based banking as a sin, a top official said Thursday. Muslims make up around 7.5 percent of this tropical island’s population, but local financial institutions have been slow to tailor-make products to […]

Weighing Odds

May 25, 2006 (LBO) – Sri Lanka’s excessive holidays, arbitrary salary increases and the government’s reluctance to settle billions to India’s main oil retailer, is turning out to be a stumbling block for Indians to invest here, officials said Thursday. Sri Lanka also wants more shipments of clothes in key categories and a relaxing of […]

Sri Lanka truce monitors seek more manpower, kit

May 25, 2006 (AFP) – The Scandinavian truce monitoring mission in Sri Lanka wants to boost its numbers by at least 25 percent and is outfitting observers with flak jackets and helmets, the mission said Thursday.The request for additional personnel comes after the Sri Lanka Monitoring Mission (SLMM) said the lives of its observers had […]

Tamil people preparing for war: Sri Lankan rebel commander

May 25, 2006 (AFP) – The Tamil people are preparing for war and nobody can defeat them, a top Sri Lankan rebel military commander was quoted as saying Thursday.Colonel Jeyam, of the Liberation Tigers of Tamil Eelam (LTTE), was quoted by the pro-rebel Tamilnet.com website at a memorial ceremony for another senior rebel commander who […]

Bomb scare in Colombo as Oslo mounts peace salvage bid

May 25, 2006 (AFP) – Deadly mine attacks and a bomb scare in Sri Lanka’s capital Thursday brought home the challenge faced by a Norwegian envoy who was set to arrive to salvage peace talks and a tattered ceasefire. Peace broker Oslo’s top envoy Erik Solheim, due to arrive Friday for talks with President Mahinda […]

‘s World Trade Centre bans cars on bomb fears

May 25, 2006 (AFP) – Sri Lanka’s twin-tower World Trade Centre banned vehicles Thursday fearing a car bomb attack by Tamil separatist rebels, police and tenants of the complex said.As part of stepped-up security measures, the 39-storey office complex in the heart of Colombo blocked all vehicles from entering, Colombo’s police chief Pujith Jayasundara said. […]

EU ban on Tamil Tigers will help peace talks: Sri Lankan president

LONDON, May 25, 2006 (AFP) – An impending European ban on the Tamil Tiger rebels will leave the group with little choice but to engage in peace talks, Sri Lankan President Mahinda Rajapakse said in an interview published here Thursday.The European Union is expected to add the Liberation Tigers of Tamil Eelam (LTTE) to its […]

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