Suicide attack sinks Sri Lankan navy gunboat with 15 sailors

Suspected Tamil Tiger rebels blew up a Sri Lankan navy gunboat with 15 sailors in a suicide attack that inflicted the biggest single loss during a four-year-old truce, the defence ministry said.Suspected Tamil Tiger rebels blew up a Sri Lankan navy gunboat with 15 sailors in a suicide attack that inflicted the biggest single loss […]

Search for Sri Lankan gun boat after offshore blast

COLOMBO, Jan 7 (AFP) – A powerful offshore explosion was heard in Sri Lanka’s northeastern port district of Trincomalee early Saturday, shortly after two naval patrol craft put out to sea, police said.COLOMBO, Jan 7 (AFP) – A powerful offshore explosion was heard in Sri Lanka’s northeastern port district of Trincomalee early Saturday, shortly after […]

Paperless Flight

By the second quarter this year, SriLankan Airlines says it will roll out E-ticketing through its network of travel agents, expanding current sales of its pilot project.By the second quarter this year, SriLankan Airlines says it will roll out E-ticketing through its network of travel agents, expanding current sales of its pilot project. SriLankan Airlines […]

Card Busters

Sri Lanka’s cabinet of Ministers agreed to adopt a draft bill dealing with transaction devices including ATM and credit cards this week.Legal Draftsman Therese Perera on Friday said that the bill was near finalization, with only a component dealing with information technology pending. “We are working with the ICT Agency to make sure the legislation […]

Banking on CEPA

Sri Lankan banks considering collective entry into the Indian financial sector, using the Indo-Lanka CEPA.Sri Lankan banks considering collective entry into the Indian financial sector, using the Indo-Lanka CEPA. “The banks feel the most advantageous way of penetrating the Indian market is by forming a conglomerate of the top four private banks,” said Upali de […]

Peace Times

WASHINGTON, Jan 6, 2006 (AFP) – Sri Lanka’s Foreign Minister Mangala Samaraweera said Thursday that his government did not want a war with the Tamil Tigers and appealed to the rebels to be flexible, return to the negotiating table and jointly strengthen a Norwegian-backed ceasefire.WASHINGTON, Jan 6, 2006 (AFP) – Sri Lanka’s Foreign Minister Mangala […]

Next G

An industry response report on issuing Sri Lanka’s first commercial 3G mobile license is expected before end January.An industry response report on issuing Sri Lanka’s first commercial 3G mobile license is expected before end January. The report is based on responses from the sector to a consultation on spectrum allocation for third generation mobile service […]

Eagle’s Nest

US courier giant Federal Express Corp (Fedex) Thursday raised their profile in Sri Lanka by formally announcing a partnership with conglomerate, the Hayleys Group.US courier giant Federal Express Corp (Fedex) Thursday raised their profile in Sri Lanka by formally announcing a partnership with conglomerate, the Hayleys Group. Fedex, currently commands the second slot in Sri […]

‘s Nest

US courier giant Federal Express Corp (Fedex) Thursday raised their profile in Sri Lanka by formally announcing a partnership with conglomerate, the Hayleys Group.US courier giant Federal Express Corp (Fedex) Thursday raised their profile in Sri Lanka by formally announcing a partnership with conglomerate, the Hayleys Group. Fedex, currently commands the second slot in Sri […]

Rescue Services

UK’s Begbies Traynor Thursday teamed up with Sri Lanka’s Capital Reach Holdings to form the island’s first business turnaround and rescue services, officials said. UK’s Begbies Traynor Thursday teamed up with Sri Lanka’s Capital Reach Holdings to form the island’s first business turnaround and rescue services, officials said. The new entity, BT CapReach, will work […]

Under fire

Reporters Without Borders has charged the Maldivian government of repeatedly manipulating Interpol after ten Sri Lankan police officers raided the Colombo premises of an exile radio station and website, radio Minivan and Minivannews.com, on 28 December. Reporters Without Borders has charged the Maldivian government of repeatedly manipulating Interpol after ten Sri Lankan police officers raided […]

Green channel clearance at Customs, for select importers

Green channel, quick clearance at Sri Lanka Customs, for select importers, within the month of January. Green channel, quick clearance at Sri Lanka Customs, for select importers, within the month of January. Customs says it will allow electronic cargo clearance for selected importers under its Gold Card scheme. “Electronic clearance of imports was not possible […]

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