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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 […]
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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 […]
War drums beat in Sri Lanka but truce talks still target: analysts
Apr. 26 (AFP) – Air strikes, mortar attacks, a suicide bombing in the heart of Colombo — while it may seem Tamil Tiger rebels and Sri Lanka’s government are beating war drums, they are in fact preparing to return to truce talks, some analysts said Wednesday. The fact that the government has recommitted itself to […]
”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 […]
‘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 […]
Death toll mounts as Sri Lanka hits back by air, land and sea
Apr. 26 (AFP) – Escalating violence between Sri Lankan forces and Tamil rebels left at least 15 civilians dead and 15,000 Tamil villagers fleeing for their lives, reports from both sides said Wednesday.Three people died and 13 were wounded when the Liberation Tigers of Tamil Eelam (LTTE) fired mortar bombs against a naval detachment in […]