Category:
‘s largest palm oil firm
KUALA LUMPUR, Nov 27, 2006 (AFP) – Three Malaysian plantation firms will merge to create the world’s largest listed palm oil business, worth 31.4 billion ringgit (8.6 billion dollars), under an ambitious plan announced Monday.A new vehicle, Synergy Drive, will buy the assets and liabilities of Sime Darby Bhd, Golden Hope Plantations Bhd and Kumpulan […]
Sri Lanka ceasefire effectively over?
Nov 27, 2006 (AFP) – The Tamil minority of Sri Lanka must have their own independent state, rebel chief Velupillai Prabhakaran declared Monday, effectively ending the island’s peace process.In his annual policy speech, delivered from a secret hideout, the Tamil Tiger leader accused the Colombo government of waging military and economic war against Tamils and […]
Tamil Tiger supremo faces war or peace deadline in Sri Lanka
Nov 27, 2006 (AFP) – Tamil Tiger supremo Velupillai Prabhakaran was to deliver a keenly-awaited address Monday to Sri Lanka’s embattled Tamil people that will help shape the course of the island’s troubled peace process.The defence ministry reports 2,018 Tiger rebels killed in the past year. His speech will come one year after he warned […]
Three cement company workers shot dead
Nov 27, 2006 (AFP) – Unidentified gunmen shot dead three local employees of a Japanese cement company in north-eastern Sri Lanka on Monday as Tamil Tiger rebels and security forces traded artillery fire, police said.The ethnic separatist conflict has claimed at least 60,000 lives since it began in 1972.The three Tamils working for the Mitsui […]
” trawler
Nov 27, 2006 (AFP) – Sri Lanka’s navy Monday sank a suspected Tamil rebel trawler off the island’s northwest coast, killing at least four people on board, a defence ministry spokesman said.A patrolling “fast attack” naval craft came under fire from the vessel 50 nautical miles (92 kilometres) north of Udappuwa, he said. “We returned […]
‘s annual speech
COLOMBO, Nov 26 (AFP) – Sri Lankan security forces went on high alert Sunday, officials said, as Tamil Tiger rebels remembered 18,742 comrades killed in their decades-long campaign for a separate homeland.More than 3,400 people have been killed in an upsurge in violence in the past year in Sri Lanka, where over 60,000 have died […]
Sri Lanka President pushes joint sea patrols on Indian visit
NEW DELHI, Nov 26, 2006 (AFP) – The visiting Sri Lankan President Mahinda Rajapakse Sunday sounded out India on joint patrolling of their maritime border in a bid to halt smuggling and cross-border terrorism.Rajapakse, who began a five-day working visit to India Sunday, told reporters he planned to talk to Indian leaders about strengthening patrols […]
Tiger leader faces deadline for war or peace in Sri Lanka
COLOMBO, Nov 26 (AFP) – Sri Lanka’s elusive Tamil Tiger supremo marks his 52nd birthday Sunday with a self-imposed deadline to decide the course of Asia’s longest-running ethnic conflict.The TNA is the third largest group in the 225-member assembly and their votes would be crucial for any political deal to end separatist violence, which has […]
‘s worst conflicts to meet in Singapore
SINGAPORE, Nov 25, 2006 (AFP) – Mediators who have tried to settle Asia’s most intractable conflicts will gather in Singapore Monday for a closed-door “retreat” to discuss peacemaking, organizers said. The Geneva-based Centre for Humanitarian Dialogue (HD Centre) will co-host the three-day meeting with Singapore’s Institute of Southeast Asian Studies (ISEAS), HD Centre said in […]
Sri Lanka bombs Black Tiger base
COLOMBO, Nov 25, 2006 (AFP) – Sri Lankan war planes bombed a suspected base of Tamil Tiger suicide bombers in the island’s north Saturday, the defence ministry said, as the rebels commemorated their war dead. The defence ministry said a base housing “Black Tiger” suicide bombers was hit causing “heavy damage”, but gave no details […]
US Dollar falls against Euro
NEW YORK, Nov 24, 2006 (AFP) – The euro soared against the dollar Friday in volatile trading which saw the euro surpass the 1.30 dollar mark, hitting the highest level against the US currency since April 2005, traders said. The euro was changing hands at 1.3094 dollars at 1900 GMT, up from 1.2948 dollars late […]
Rated Footwear
Nov 24, 2006 (LBO) – An old-established family footwear company from the deep south of Sri Lanka, has published its credit rating, before entering the country’s debt markets through a debenture issue. The group’s origins dates back to the 1930’s and have interests in information technology, power generation and food processing. The holding company of […]