Category:
No Surprises
July 31, 2006 (LBO) – Sri Lanka Telecom, the island’s biggest telephone company, said Monday second-quarter profits rose 112 percent, after it signed up more wireless customers. The company, which controls 85 percent of Sri Lanka’s fixed-line telecommunications market, made a billion rupee net profit over a 31 percent revenue growth to 9.97 billion rupees […]
No full-scale war in Sri Lanka: chief monitor
July 31, 2006 (AFP) – Heavy fighting between Sri Lankan forces and Tamil Tiger rebels that killed at least 44 combatants Monday was unlikely to lead to full-scale war, the top Scandinavian truce monitor Ulf Henricsson said. The retired Swedish army general who leads the Sri Lanka Monitoring Mission (SLMM) said a return to full-scale […]
Sri Lanka military says 44 killed in latest battle
July 31, 2006 (AFP) – At least nine soldiers and 35 Tamil rebels were killed Monday in a major battle for control of a disputed waterway in northeastern Sri Lanka, defence officials said.Nine troopers, including an officer were killed in mortar bombs attacks while another 15 soldiers were wounded, officials said. The defence ministry in […]
Sri Lanka truce on despite fighting: monitors
July 31, 2006 (AFP) – Tamil Tiger rebels Monday accused Sri Lanka of violating their truce with a renewed offensive, but Nordic truce monitors said the guerrillas had no intention of quitting the ceasefire. The Swedish-led Sri Lanka Monitoring Mission (SLMM) said the Liberation Tigers of Tamil Eelam (LTTE) had lodged a formal complaint against […]
‘s threadbare truce, toll 44
July 31, 2006 (AFP) – Sri Lankan troops and Tiger rebels Monday fought their bloodiest ground battle since a 2002 truce, with the military reporting at least 44 combatants killed, but monitors said it was still not full-scale war.More than 60,000 people have been killed in the three-decade-old Tamil separatist conflict. The army’s ground offensive […]
And FYI
July 31, 2006 (LBO) – Indian oil retailer Lanka IOC Monday raised fuel prices across the board by 5.00 rupees a litre to keep pace with galloping crude oil prices, its Managing Director said. Effective from midnight: ¢ Petrol 90 costs 98.00 rupees (from 93.00 rupees) ¢ Petrol 95 costs 101.00 rupees (from 96.00 rupees) […]
Northern Lights
July 31 (LBO) – Sri Lanka has called for interested investors to set up a power plant by end this year, to supply electricity to Jaffna in the island’s war torn north. The 35 megawatt power project will be on Build Own and Operate basis, under a power purchase agreement signed with state utility the […]
‘s consumer prices ease in July to 14.7%
July 31, 2006 (LBO) – Sri Lanka’s consumer prices for July eased marginally to 14.7 percent, the Census & Statistics Department said Monday, as a drop in vegetable prices helped offset hikes in rice, bread and jam. Prices of sugar, garlic, tamarind, red onions, eggs, coconuts and most varieties of vegetables, helped inflation ease up […]
Sri Lankan ‘miracle of Lebanon’ returns home penniless
TYRE, Lebanon, July 30, 2006 (AFP) – Vasanthi Darmadasa was sweeping her employers’ garden when her life changed.An Israeli bomb came thundering out of the sky, destroying the house and killing everyone there — except her.“I was thrown to the ground by the shockwave. I didn’t feel anything in my legs and I did not […]
‘s Infosys story
BANGALORE, India, July 30, 2006 (AFP) – Twenty-five years ago, with an investment of just 250 dollars, a tiny software company took shape in a one-bedroom apartment in the western India city of Pune.Today Infosys Technologies has revenues of 2.1 billion dollars and employs 58,000 people in more than two dozen countries, ranking as India’s […]
Sri Lanka steps up attacks amid fears for threadbare truce
July 30, 2006 (AFP) – Sri Lanka Sunday intensified artillery and mortar bomb attacks against Tamil Tigers and captured an area where the guerrillas had blocked an irrigation canal, a minister said. Backed by artillery and four days of air strikes, security forces moved to the Maavilaru water reservoir, Policy Planning Minister Keheliya Rambukwella said. […]
” returns home penniless
TYRE, Lebanon, July 30, 2006 (AFP) – Vasanthi Darmadasa was sweeping her employers’ garden when her life changed.An Israeli bomb came thundering out of the sky, destroying the house and killing everyone there — except her.“I was thrown to the ground by the shockwave. I didn’t feel anything in my legs and I did not […]