Norway condemns Sri Lanka bombings but remains ‘optimistic’

OSLO, Apr.26 (AFP) – The main mediator in the Sri Lankan conflict, Erik Solheim of Norway, on Wednesday condemned the flare-up of violence on the war-torn island but said he was optimistic that it would end shortly.Government forces have carried out coordinated air, sea and land attacks against rebel positions in the restive northeast since […]

Sri Lanka’s Tamil Tigers one of world’s deadliest militant groups

Apr. 26 (AFP) – Sri Lanka’s Tamil Tigers, blamed for a suicide attack against a top military official that threatens to pitch the island back into civil war, is one of the world’s deadliest guerrilla groups.For Liberation Tigers of Tamil Eelam (LTTE) chief Velupillai Prabhakaran the most lethal weapon in his armoury is the young […]

The Black Tigers — Sri Lanka’s deadly suicide squads

Apr.26 (AFP) – “Black Tiger” suicide squads, secular Hindus driven by loyalty to the Tamil cause rather than religion, have been sowing terror in Sri Lanka for over two decades.The audacious bombing Tuesday inside Sri Lanka’s main military base, in which a female member of the Tamil Tigers feigning pregnancy blew herself up, was just […]

Close Circuit

Apr. 26 (LBO) – Sri Lanka has started a financial intelligence unit to track foreign exchange dealings in excess of 5,000 dollars, treasury secretary P B Jayasundara said Wednesday. Anti-money laundering activities, comes under the supervision of the country’s finance ministry. – Mel Gunasekera The move is part of the government’s drive to keep track […]

Waiting Game

Apr. 26 (Dow Jones)–A suicide attack in the Sri Lankan capital and airstrikes in the east of the country aren’t worrying foreign investors, and the government is on track to attract a record $1 billion worth of foreign direct investments this year, the chairman of the government’s investment arm said Wednesday. “Negotiations on some big […]

Attacks unlikely to hurt tourism -Govt Official

Apr. 26 (Dow Jones)–Attacks by Sri Lanka’s military on Tamil Tiger rebel bases in the northeast since late Tuesday are unlikely to hurt the country’s tourism industry, the secretary to the Ministry of Tourism said Wednesday.“These are targeted attacks, so we don’t expect it to affect tourist arrivals in anyway. The government is still committed […]

Sri Lanka Q1 2006 tea exports up 6% on 2005

Apr. 26 (LBO) – Sri Lanka shipped 75.0 million kilos of tea in March, over 70.3 million kilos in 2005, a commodity brokering house said Wednesday.Revenues from tea exports for March topped 19.2 million rupees, over 21.2 million rupees, reported in 2005, Asia Siyaka Commodity Brokers said. Majority of the export earnings came from bulk tea, […]

Air ticket prices rising on back of oil price spike

PARIS, April 27, 2006 (AFP) – Air France-KLM, Singapore Airlines and a string of other carriers are increasing the fuel surcharge element in their long-haul ticket prices, again passing on to passengers the rising cost of aviation fuel.The airlines justify the price hikes by the recent surge in crude prices, sparked by fears that the […]

Norway says truce on as Sri Lanka steps up air strikes

Apr. 26 (AFP) – Peace broker Norway expressed hope Wednesday that Sri Lanka will retreat from the brink of full-scale war even as 18 more people were killed in escalated air strikes aimed at avenging rebel attacks and thousands of Tamil villagers were fleeing for their lives. Top peace envoy Erik Solheim said Oslo was […]

OSLO, Apr.26 (AFP) – The main mediator in the Sri Lankan conflict, Erik Solheim of Norway, on Wednesday condemned the flare-up of violence on the war-torn island but said he was optimistic that it would end shortly.Government forces have carried out coordinated air, sea and land attacks against rebel positions in the restive northeast since […]

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