Secretive, lethal rebel ‘navy’ a big factor in Sri Lanka conflict

TRINCOMALEE, Sri Lanka, May 7, 2006 (AFP) – Sri Lanka’s Tamil Tigers are increasingly taking their fight to the sea thanks to a secretive and lethal rebel “navy”, a rarity among the world’s guerrilla forces, observers say.Founded in the early 1990s, the “Sea Tigers” claim to have sunk dozens of naval vessels over the years […]

Curfew imposed in northern Sri Lanka amid killings

May 7, 2006 (AFP) – Sri Lanka imposed a curfew in the restive Jaffna peninsula Sunday as a Japanese envoy began talks with government officials to try to save a faltering peace process amid escalating violence.The security forces clamped the indefinite curfew ahead of demonstrations called by residents to protest Thursday’s killing of seven men […]

” a big factor in Sri Lanka conflict

TRINCOMALEE, Sri Lanka, May 7, 2006 (AFP) – Sri Lanka’s Tamil Tigers are increasingly taking their fight to the sea thanks to a secretive and lethal rebel “navy”, a rarity among the world’s guerrilla forces, observers say.Founded in the early 1990s, the “Sea Tigers” claim to have sunk dozens of naval vessels over the years […]

Sri Lankan foreign minister in India to discuss peace process

NEW DELHI, May 7 (AFP) – Sri Lanka’s Foreign Minister Mangala Samaraweera has arrived in India to discuss his country’s peace process which is under strain after a surge in violence, officials said Sunday.During his two-day stay, the minister is scheduled to meet Prime Minister Manmohan Singh and foreign secretary Shyam Saran. Ahead of the […]

Japan moves to save Sri Lanka peace bid

May 7 (AFP) – A senior Japanese envoy began talks with government officials Sunday to try to save Sri Lanka’s peace process as Tamil rebels said troops abducted eight men in the island’s north. The men had slept overnight at a Hindu temple after a ceremony in the Jaffna peninsula before troops allegedly took them […]

Indian ship sinks in Bay of Bengal but crew unharmed

NEW DELHI, May 6, 2006 (AFP) – A ship carrying scientists conducting environmental studies sank off the India’s eastern coast early Saturday, a report said. All 18 people on board, including the crew, escaped, the Press Trust of India news agency reported. “The accident occurred after an explosion, the reason for which is under investigation,” […]

“Anarchy” in Sri Lanka as Tokyo peace envoy set to arrive

May 6, 2006 (AFP) – A Japanese peace envoy was to arrive in Sri Lanka for talks Saturday as Scandinavian monitors said violence between government forces and Tamil Tiger rebels was out of control.Tokyo’s special peace envoy Yasushi Akashi was to hold talks with President Mahinda Rajapakse and would also try to meet leaders of […]

Sri Lanka seeks foreign help in suicide bomber probe

May 6, 2006 (AFP) – Sri Lanka is seeking foreign forensic help to establish whether a female suicide bomber who tried to kill the country’s army chief was indeed pregnant as she claimed, investigators said Saturday. Tests by local laboratories proved negative and the investigators are now trying to secure the help of forensic experts […]

Sri Lanka to begin work on Colombo-Katunayake highway in May

May 11 (LBO) – Sri Lanka is to begin work on the Colombo-Katunayake toll road this month tying up a construction deal with China Metallurgical Construction Group.Cabinet approval for the project came through on Wednesday, Jeyraj Fernandopulle, Minister of Highways told a Cabinet press briefing on Thursday. The tentative kick-off date for the building the […]

Commercial Gain

Foreign exchange profits and book gains in investments has boosted profits of Commercial Bank in the first quarter of 2005.Undaudited Group post-tax profit of 943.1 million ruees for the first quarter of 2006 was a 170 percent increase over the Rs 348.5 million reported in the first quarter of last year, the bank said. Of […]

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