Tag: business

Sri Lanka’s economy grew 6.4 percent in the third quarter 2005 on a rebound in the services and industries sectors, improving form the 6 percent growth recorded in the second quarter.Sri Lanka’s economy grew 6.4 percent in the third quarter 2005 on a rebound in the services and industries sectors, improving form the 6 percent […]

Suspected Tamil Tiger rebels killed 10 soldiers and wounded eight Tuesday when they set off a powerful landmine in northern Sri Lanka, a military official said.Suspected Tamil Tiger rebels killed 10 soldiers and wounded eight Tuesday when they set off a powerful landmine in northern Sri Lanka, a military official said. The soldiers were ambushed […]

Colombo stocks fell three percent when trading opened on Tuesday after the Christmas break, following a weekend of violence in the North and East of the country.Colombo stocks fell three percent when trading opened on Tuesday after the Christmas break, following a weekend of violence in the North and East of the country. The All […]

Suspected Tamil Tiger rebels killed 10 soldiers and wounded eight Tuesday when they set off a powerful landmine in the Jaffna peninsula in northern Sri Lanka, a military official said.Suspected Tamil Tiger rebels killed 10 soldiers and wounded eight Tuesday when they set off a powerful landmine in the Jaffna peninsula in northern Sri Lanka, […]

The hidden hand of the December 2004 devastation was touted as the mighty force that could finally settle a 20 year feud simmering between the government and the rebel LTTE in the north and east of the tropical island nation.The hidden hand of the December 2004 devastation was touted as the mighty force that could […]

Fresh violence claimed six more lives in Sri Lanka Monday as Tamil Tiger rebels prepared for the funeral of a Tamil legislator gunned down during Christmas Mass.Fresh violence claimed six more lives in Sri Lanka Monday as Tamil Tiger rebels prepared for the funeral of a Tamil legislator gunned down during Christmas Mass. A police […]

Unidentified gunmen shot dead Tamil legislator Joseph Pararajasingham during a Catholic Christmas mass in Sri Lanka’s embattled eastern province, police said.Unidentified gunmen shot dead Tamil legislator Joseph Pararajasingham during a Catholic Christmas mass in Sri Lanka’s embattled eastern province, police said. The 71-year-old rebel-allied MP was shot from behind at close range at St.Michael’s church […]

Suspected Tamil rebels blew up a navy road convoy in Sri Lanka on Friday killing at least 15 sailors and wounding 15 more, a defence ministry official said as the guerrillas warned of more strikes.Suspected Tamil rebels blew up a navy road convoy in Sri Lanka on Friday killing at least 15 sailors and wounding […]

A year after the December 26 tragedy, donors continue bring more assistance, with the most recent coming from the Red Cross in the form of an additional US$ 25 million.A year after the December 26 tragedy, donors continue bring more assistance, with the most recent coming from the Red Cross in the form of an […]

Big hit At least 12 military personnel were killed when a bus full of soldiers was hit in a landmine explosion in Mannar. Big hit At least 12 military personnel were killed when a bus full of soldiers was hit in a landmine explosion in Mannar. Four persons have been taken to hospital. -LBO Newsdesk: […]

Suspected Tamil Tiger rebels exploded a powerful landmine in north-western Sri Lanka, killing or injuring about 30 sailors travelling in a bus, a defence ministry official said. Suspected Tamil Tiger rebels exploded a powerful landmine in north-western Sri Lanka, killing or injuring about 30 sailors travelling in a bus, a defence ministry official said. “There […]

Sri Lanka’s Tamil Tiger rebels denied abducting and killing three sailors the previous day and accused the navy of launching an attack on their flotilla and sparking a fierce sea battle.Sri Lanka’s Tamil Tiger rebels denied abducting and killing three sailors the previous day and accused the navy of launching an attack on their flotilla […]