Tag: lankabusinessonline
Sri Lanka says independence celebrations on despite Tiger threat
Jan 20, 2008 (AFP) – Sri Lanka will hold large-scale civilian and military independence day celebrations in the capital next month despite fears of Tamil rebel attacks, officials said Sunday. Security will be increased further ahead of the 60th Freedom Day on February 4, with 4,100 extra security personnel bolstering thousands of police and soldiers […]
Sri Lanka says 32 killed in fresh violence
Jan 19, 2008 (AFP) – At least 31 Sri Lankan guerrillas and one soldier were killed in heavy fighting between government forces and Tamil Tiger rebels across the embattled north, the defence ministry said on Saturday. The rebels died in clashes Friday and early Saturday in the Vavuniya, Mannar and Jaffna districts bordering the de […]
Fleecing Ethics
Jan 18, 2007 (LBO) — Sri Lanka’s opposition has added fuel to the growing fire over petroleum firms fleecing petrol users to give subsidies to diesel consumers especially in commercial sectors.Sri Lanka’s government also taxes petrol users heavily but now the two main fuel distributors, Ceylon Petroleum Corporation and Lanka IOC, a unit of Indian […]
Bigger One
Jan 18, 2008 (LBO) — Sri Lanka’s state-run Ceylon Petroleum Corporation (CPC) refinery expansion may be doubled to a 100,000 barrels-per-day project and its cost may go up to a billion dollars, a top official said.“An Iranian team has already started a feasibility project and now we are looking at a bigger project, which may […]
Sri Lanka Tamil Tigers murder nine civilians: military
Jan 18, 2008 (AFP) – Sri Lanka’s military on Friday accused Tamil Tiger rebels of murdering nine civilians in the island’s south as violence between the two sides escalated after the formal end of a ceasefire. The army said nine villagers died in separate attacks in the south, suggesting the rebels were again extending their […]
Departing Sri Lanka peace monitors say military solution not possible
Jan 16, 2008 (AFP) – Nordic peace monitors pulled out of Sri Lanka on Wednesday following the collapse of a ceasefire, and warned that the war between the island’s government and Tamil rebels cannot be won by either side.The Norwegian-led Sri Lankan Monitoring Mission (SLMM) was to shut down its operations late Wednesday, after Colombo […]
UN chief slams Tamil Tiger terror attacks
UNITED NATIONS, Jan 16, 2008 (AFP) – UN chief Ban Ki-moon strongly condemned the “indiscriminate attacks” which left dozens of people dead or injured in southern Sri Lanka and urged the rival sides to strive for a peaceful negotiated settlement. “The Secretary General strongly condemns the indiscriminate attacks in the southeast of Sri Lanka today […]
Sri Lanka jets bomb Tiger hideout: military
Jan 17, 2007 (LBO) — Sri Lanka Air Force jets have bombed a meeting place of Tiger leaders in the northern guerilla stronghold of Kilinochchi Thursday, the military said. The defence ministry said the target was a gathering of “senior leaders’ at Jayapoor near Kilinochchi at 09.30 am. Yesterday the guerillas blasted a bus and […]
Diesel Move
Jan 17, 2007 (LBO) – Sri Lanka’s state-owned Ceylon Petroleum Corporation (CPC) has struck a deal with Trafigura, a petro firm in Singapore, to get up to 500 million dollars of supplier’s credit for diesel, a top official said. Trafigura will give CPC 6-months of supplier’s credit at London Interbank Offered Rate plus 1.6 percent, […]
Sri Lanka passenger bus caught in blast: military
Jan 16, 2007 (LBO) — A public passenger bus has been caught in a blast Wednesday morning in Sri Lanka’s Moneragala district, the defence ministry said as a ceasefire with the Tamil Tigers officially drew to a close.A ceasefire with the Tamil Tigers struck in 2002 officially ends today after the Sri Lanka gave notice […]
Sri Lanka bus bombing kills at least 20
Jan 16, 2008 (AFP) – Twenty people were killed and many others injured Wednesday in a suspected Tamil Tiger bomb attack on a crowded bus in southwest Sri Lanka, as a ceasefire with the Tigers officially drew to a close, officials said.“At least 20 people have been killed and several are injured.It was a state-run […]
Sri Lanka Tigers kill 26 civilians in bus attack
Jan 16, 2007 (LBO) – A roadside bomb killed 26 people traveling in a bus in southeastern Sri Lanka while three soldiers were injured from a second bomb targeting a military vehicle Wednesday as a truce with Tamil Tigers officially ended, police said Civilians wounded in the attack on the bus which was packed with […]