Author: lbostgadmin
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 […]
‘s new Central Bank governor says he will protect its independence
July 3, 2006 (LBO) – Sri Lanka’s newly appointed central bank governor says he will promote the independence of the institution, which has come under fire from independent economists in recent years for submitting to fiscal dominance and pushing up inflation. But some previous governors who held shares in financial institutions have sold out after […]
Tigers set September 1 deadline for EU monitors to quit
KILINOCHCHI, Sri Lanka, July 3, 2006 (AFP) – Truce monitors from Denmark, Finland and Sweden must quit Sri Lanka by September 1, a Tamil rebel leader said Monday, as fresh violence on the island nation left eight more dead.Monitors from the three Nordic and European Union member countries must leave as they cannot be considered […]
Sri Lankan president postpones visit to Bangladesh
DHAKA, July 3, 2006 (AFP) – Sri Lankan President Mahinda Rajapakse has postponed a visit to Bangladesh next week due to a full schedule at home, the foreign ministry said here Monday.Rajapakse was to hold talks with Bangladesh Prime Minister Khaleda Zia during the three-day visit from July 12.“The president has postponed the visit because […]
Eight killed in mine attacks in Sri Lanka
July 3, 2006 (AFP) – At least eight people were killed and dozens injured Monday in three mine attacks by Tamil Tiger rebels in Sri Lanka’s northern and eastern regions, the defence ministry said. The rebel Liberation Tigers of Tamil Eelam (LTTE) used a remote-controlled device to detonate a bomb hidden inside a three-wheel taxi […]
EU ban on Tigers a huge mistake: Sinn Fein leader
July 3, 2006 (AFP) – The chief negotiator for Northern Ireland’s main Roman Catholic party, Sinn Fein, was quoted by Tamil rebels in Sri Lanka as saying a European Union ban on the guerillas was a “huge mistake.” Martin McGuinness travelled to the rebel-held town of Kilinochchi for talks with the political leadership of the […]
Big Slap
July 3, 2006 (LBO) – Sri Lanka’s Credit Information Bureau or CRIB has warned all banks to come clean and name large scale defaulters or risk paying a fine or prison term. Central Bank’s deputy governor Ranee Jayamaha says CRIB has warned errant banks to expect a fine of 50,000 rupees each for not disclosing […]
‘s Central Bank governor wants to keep rates steady
July 3, 2006 (LBO) – Sri Lanka does not need to raise interest rates despite galloping inflation and negative real interest rates, the island’s newly appointed Central Bank governor said Tuesday.The country’s annual inflation rate shot up to 17.7 percent, data showed last Friday, underlining the need for a rate hike. Sri Lanka’s treasury bill […]
” in Jaffna taking its toll on Sri Lankans
JAFFNA, Sri Lanka, July 2, 2006 (AFP) – Roadside killings and night-time knocks on the door have replaced mortars and suicide bombs as the new terror in this northern Sri Lankan city.And it is increasingly the residents here who suffer, many say, as the government and Tamil separatist groups carry out a vicious “undeclared war” […]
Tigers slam UNICEF over child soldier claims
July 2, 2006 (AFP) – Sri Lanka’s Tiger rebels hit back Sunday at claims by the United Nations that more than 1000 children are enlisted as soldiers, saying its reports are grossly exaggerated.The United Nations Children’s Fund released a list of 1,387 children last week that it said were rebel soldiers amid increasing violence in […]
Freelance journalist gunned down in Sri Lanka
July 2, 2006 (AFP) – A freelance Sri Lankan journalist was gunned down near the capital Colombo on Sunday, police said, but rejected claims that the killing was linked to the ongoing Tamil separatist conflict.Sampath Lakmal, who was in his mid twenties, had worked as a freelance journalist at two Sinhalese language newspapers and a […]