Fast Track

April 27, 2009 (LBO) – Sri Lanka’s Supreme Court has ordered a list of assets of the failed Golden Key Credit Card Company and its directors to be filed by May 11, to be seized and sold to repay depositors, lawyers said. Golden Key, a unit of Sri Lanka’s Ceylinco group collapsed in December 2008, […]

Panic in Mexico, US as killer swine flu fears cross globe

MEXICO CITY, April 27, 2009 (AFP) – World health officials on Monday stepped up the battle against a new swine flu blamed for dozens of deaths in Mexico, after the US declared a public emergency amid signs the disease was spreading. Panic grew in Mexico as citizens heeded government warnings to avoid contact with each […]

April 27, 2009 (AFP) – Sri Lanka’s Tamil Tigers will never surrender and will fight on until their demands are met, rebel spokesman S. Puleethevan told AFP by telephone on Monday. He said fighting was continuing to rage between the Liberation Tigers of Tamil Eelam (LTTE) and security forces on Monday, a day after the […]

Sri Lanka army to stop using heavy weapons: govt

April 27, 2009 (AFP) – Sri Lanka’s military has been ordered to stop using heavy guns and combat aircraft that could cause civilian casualties in the battle against Tamil Tiger rebels, the government said Monday. The Sri Lankan government says its forces have cornered the Tamil Tigers in a small strip of coastal territory in […]

Sri Lanka Asian Alliance life-insurance profits up

Apr 27, 2009 (LBO) – Sri Lanka’s Asian Alliance Insurance Company said 2008 profits rose 20 percent to 135.4 million rupees due to higher profitability in life insurance business despite the non-life portfolio losing money. Premium income from motor insurance had increased 55 percent, marine insurance 26 percent and miscellaneous insurance 11 percent. However premium […]

Sri Lanka CEB in trouble due to politicians: minister

April 27, 2009 (LBO) – Sri Lanka’s state-run power utility is in financial trouble because politicians have made wrong decisions, a government minister said as the utility was issued a license by a newly set up regulator. “The Ceylon Electricity Board is in trouble because decision that should have been made by engineers have been […]

Tamils protesters attack Sri Lankan, Indian missions in London

LONDON, April 27, 2009 (AFP) – Six people were arrested Monday after Tamil protesters smashed windows at India’s High Commission in London and caused damage outside Sri Lanka’s diplomatic mission, Scotland Yard said. Some 200 people gathered outside each of the two countries’ missions to demonstrate against the ongoing violence in Sri Lanka, where Tamil […]

British, French, Swedish FMs to visit Sri Lanka

LONDON, April 26, 2009 (AFP) – The foreign ministers of Britain, France and Sweden will visit Sri Lanka on Wednesday, government officials in London said Sunday after Colombo rejected a ceasefire declared by Tamil Tiger rebels. “Foreign Secretary David Miliband, together with his French counterpart Bernard Kouchner and Swedish counterpart Carl Bildt, will visit (Sri […]

Sri Lanka rejects Tamil Tiger unilateral ceasefire

April 26, 2009 (AFP) – The Sri Lanka government rejected a ceasefire declared by Tamil Tiger rebels on Sunday, defence secretary Gotabhaya Rajapakse said, instead demanding that the cornered guerrillas surrender. “The ceasefire is purely for humanitarian purposes and the duration will depend on the response of the Sri Lankan government,” Puleethevan told AFP by […]

‘ ceasefire

April 26, 2009 (AFP) – The Sri Lanka government rejected a ceasefire declared by Tamil Tiger rebels on Sunday, defence secretary Gotabhaya Rajapakse said, instead demanding that the cornered guerrillas surrender. Rajapakse, who leads the government’s military campaign against the Tigers, said there was no need for a ceasefire as the military was about to […]

” in S.Lanka fighting

April 26, 2009 (AFP) – UN humanitarian chief John Holmes on Sunday appealed to Sri Lanka to halt their military offensive against the Tamil Tigers in order to allow aid workers to help civilians trapped in the war zone.Holmes, the under-secretary general for humanitarian affairs, told government leaders that months of fierce fighting had taken […]

Sri Lanka boycott call from Australian Tamil protesters

SYDNEY, April 26, 2009 (AFP) – Hundreds of Tamil protesters burned Sri Lankan-produced tea and clothes as they marched through central Sydney on Sunday calling for a boycott of goods from the island nation.About 800 demonstrators demanded the Australian government put pressure on Colombo to declare a permanent ceasefire in its campaign against Tamil Tiger […]

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