Author: lbostgadmin
Tie-breaker
August 03, 2006 (LBO) – Sri Lanka and India made a breakthrough in crisis talks held this week to resume duty free exports of vanaspati oil to India. The new terms will have to be approved by Sri Lanka™s Cabinet, but the commerce ministry is in agreement, Ratnayake says, adding that the terms are reasonable. […]
Winning Round
Aug 03 (LBO) – Sealed cable television company CBNSat said Thursday that they had won a court order for a two week test transmission and to service its broadcast equipment. At a court hearing held on August 3, the Chief Justice ordered the relevant authorities to take necessary measures to remove the seals from equipment […]
‘s tea crop falls short in June
August 3, 2006 (LBO) – Sri Lanka’s tea output dipped 2.0 percent for the six months to June, after good rainfall brought in a record harvest in 2005, a commodity broker said Thursday. Total production in June slipped 10.7 percent to 26.24 million kilos over the same period 2005, led by a 20.7 percent drop in […]
Corporate Chase
August 3, 2006 (LBO) — Sri Lanka’s Bank of Ceylon, a state-owned bank which is heavily involved in financing the government, is targeting corporate clients with its computerisation plan nearing completion.Unlike the private commercial banks which went on-line much earlier, the state owned giant with a large branch network spread into the far corners of […]
Mortar bomb hits Sri Lanka hospital
Aug 2, 2006 (AFP) – At least one employee was killed when a shell hit a government hospital in northeastern Sri Lanka Wednesday during an artillery duel between troops and Tamil Tigers, officials said.The main hospital in Muttur was hit early Wednesday, killing an employee and wounding several others, a hospital source in the nearby […]
Sri Lanka army, rebels in new clash
Aug 2, 2006 (AFP)- Tamil Tiger rebels and Sri Lankan forces traded heavy artillery and mortar bomb fire in a two-hour clash Wednesday that left at least 20 civilians wounded, officials and doctors said.The battle in the northeast of the island nation marked the eighth day of heavy fighting between the two sides for control […]
47 killed in Sri Lanka fighting: military
COLOMBO, Aug 2, 2006 (AFP) – At least 40 Tiger rebels, five troopers and two civilians were killed when troops repulsed an attack by the guerrillas on army camps and the town of Muttur in northeastern Sri Lanka Wednesday, the defence ministry said. “During the whole incident, troops attacked the terrorists in retaliation causing them […]
Tigers open new front as battle for water claims more lives
Aug 2, 2006 (AFP) – Tiger rebels attacked three army camps and a town in Sri Lanka Wednesday, sparking fierce fighting which killed at least 47 by official count and opened new fronts in a week-long battle over water.The deaths — which now total at least 118 since Monday — have made a mockery of […]
Sri Lanka port city rocks as neighbourhood battles rage
TRINCOMALEE, Sri Lanka, Aug 2, 2006 (AFP) – The sounds of explosions in this northeastern Sri Lankan port town were more muffled Wednesday than during an intense artillery attack a day earlier, but residents found them just as scary.“We had no sleep from midnight because of the explosions at a distance,” said housewife H.P. Bandumathi, […]
Norwegian mediator calls for immediate end to Sri Lanka fighting
OSLO, Aug 2, 2006 (AFP) – Sri Lanka peace mediator Norway on Wednesday called on the warring parties in Sri Lanka to immediately end all hostilities, which have claimed more than 100 lives in the past week.“We very strongly appeal to the two parties to stop the offensive operations immediately,” Norwegian Development Aid Minister Erik […]
Cricket proves welcome distraction from bloodshed in Sri Lanka
Aug 2, 2006 (AFP) – As the bloody ethnic conflict in Sri Lanka escalates, people in the island nation are turning to their top-flight cricket team to provide a balm for the misery.When Sri Lankan troops and Tamil Tiger rebels were locked in the bloodiest ground battle since 2002 on Monday, the nation’s cricketers were […]
South Asian ministers fail to resolve India-Pakistan tariff row
DHAKA, Aug 2, 2006 (AFP) – India accused Pakistan of jeopardising a fledgling South Asian free trade deal by failing to fully implement key tariff cuts as a regional ministerial meeting wound up in Dhaka on Wednesday. India said that a Pakistani move to limit tariff concessions for Indian goods was a breach of the […]