Author: lbostgadmin
Rights group call for impartial probe over latest journalist killing in Sri Lanka
Reporters Without Borders condemned the fourth murder of a media professional in Sri Lanka since the start of 2006 after freelance journalist Lakmal Silva, who specialised in defence questions was killed in a southern Colombo suburb.Reporters Without Borders voiced its fears on the subject, in June 2006, after pro-government media made threats against five Sri […]
Sri Lanka braces for bloodshed as Tigers honour suicide bombers
July 5, 2006 (AFP) – Tamil Tiger rebels Wednesday marked “Black Tiger Day” to honour 261 suicide bombers, as security was stepped up across Sri Lanka amid fears of more bombings, witnesses and officials said.The already tight security in the capital Colombo was bolstered with the closure of several roads in front of key military […]
Violent death key to Tamil Tiger struggle
KILINOCHCHI, Sri Lanka, July 5, 2006 (AFP) – A tangle of fairy lights — reds, blues and greens — blink merrily around the photos of stern-faced Tamil Tiger cadre, staring grimly out into the world. These are the Tigers’ “martyrs”, young men and women, some of whom have blown themselves up, starved to death in […]
Sri Lanka to study foreign devolution models to end fighting
July 5, 2006 (AFP) – Sri Lanka will study devolution models across the world before developing a power-sharing mechanism with Tamil Tiger rebels to end separatist violence, a senior minister said Wednesday. Rajapakse’s ruling party received crucial support from political hardliners, but has since angered his backers with his offers of talks with the LTTE […]
No military solution in Sri Lanka: outgoing US ambassador
July 5, 2006 (AFP) – There is no military solution to Sri Lanka’s separatist conflict, outgoing US Ambassador Jeffrey Lunstead said, as daily bloodshed has raised fears of renewed war.Lunstead, who is leaving the country after three years, also said in a statement released Wednesday that a solution to Sri Lanka’s civil strife would require […]
Horror Movie
The government has finalised tax rates for imported movies, dramas, sitcoms and commercials, with a formal announcement expected on Thursday. Rates are likely to be 75, 000 rupees (750 dollars) for a 30 minute block that is not dubbed, going up to 90,000 rupees (900 dollars) for a dubbed half hour block. The Teledrama, Film […]
‘s Mercantile Investments mulls subsidiary to hold leisure business
July 5, 2006 (LBO) — Finance company Mercantile Investments Ltd, plans to float a fully-owned subsidiary to hold their leisure investments, a credit rating report said.George Ondaatjie family, which controls 56 percent of Mercantile Investments, currently owns these investments as associate companies. Mercantile Investments has three associate companies catering to the tourism segment: Royal Palms […]
Sri Lankan rupee ends tad higher; Colombo share prices gain
July 5, 2006 (LBO) – Sri Lankan rupee gained marginally, while shares prices in Colombo finished up Wednesday, as the government stepped up security amid fears of more bombings, dealers said.The Liberation Tigers of Tamil Ealam today observe “Black Tiger Day” to honour 261 suicide bombers who have carried out attacks since their first strike […]
‘s war refugees
July 4, 2006 (AFP) – The European Union Tuesday announced seven million euros (8.9 million dollars) in aid for some 400,000 people displaced by the drawn-out separatist conflict in Sri Lanka since 1972.The money, channeled through 20 local and international relief agencies, will go to refugees mainly in the island’s embattled northern and eastern regions, […]
‘s budget deficit expands to 3.2% by end April
July 4, 2006 (LBO) – Sri Lanka’s budget deficit for the four months to April rose to 3.2 percent of GDP from 2.9 percent of GDP a year before as the government spent more on capital expenditure and salary increments for civil servants and subsidies, the Finance Ministry said Tuesday. The government raised about 100 […]
Sri Lanka steps up alert as Tigers honours suicide bombers
July 4, 2006 (AFP) – Sri Lanka stepped up already tight security Tuesday as Tamil Tiger rebels prepared to celebrate “Black Tiger Day” honouring the 261 men and women who have staged suicide bombings, officials said.The Liberation Tigers of Tamil Eelam (LTTE) arranged Hindu religious services across the territory under their control to mark Wednesday’s […]
Shares prices close flat; rupee steadies against the U.S. dollar
July 4, 2006 (LBO) – Shares prices in Colombo closed flat Tuesday on lackluster trade awhile the Sri Lankan rupee gained marginally against the dollar, dealers said. The wider All Share Price Index crept up 0.01 percent or 0.22 points to 2,113.15 on volumes of 6.7 million shares worth 141.42 million rupees. Among the gainers […]