Tag: lankabusinessonline
Sri Lanka turns CID loose on reporter; rights body outraged
Sept 15, 2007 (LBO) – An international media rights body expressed outrage after police asked a journalist to reveal his sources over a story about a car allegedly imported by a ruling party politician’s son. “After last month’s death threats against investigative journalist Iqbal Athas, this new case shows that it is getting more and […]
Roadside bomb kills two Sri Lankan soldiers
Sept 15, 2007 (AFP) – A roadside bomb set off by suspected Tamil Tiger rebels killed at least two government soldiers and wounded seven others in northern Sri Lanka, the defence ministry said on Saturday.More than 5,400 people have been killed in fighting in the past 21 months following the breakdown of a Norwegian-brokered truce. […]
Fresh violence kills 26 in Sri Lanka
Sept 15, 2007 (AFP) – At least 26 people, including two security personnel, were killed in a fresh wave of violence in Sri Lanka’s embattled north, the defence ministry said on Saturday.More than 5,400 people have been killed in fighting in the past 21 months following the breakdown of a Norwegian-brokered truce. The two soldiers […]
Sri Lanka says Tiger flotilla suffers severe losses
Sept 13, 2007 (AFP) – Sri Lanka’s military Thursday said it caused “severe losses” in a combined sea and air attack against suspected Tamil Tiger boats off the island’s northeastern waters, but gave no details of casualties.More than 5,400 people have been killed in fighting in the past 21 months following the breakdown of a […]
Sri Lanka moves to avoid criticism over rights abuses
Sept 14, 2007 (AFP) – Sri Lanka said Friday it was ready to accept foreign scrutiny of its human rights record in a bid to head off formal United Nations criticism over a spate of killings and disappearances.At the same time the war-torn island’s government, locked in a decades-old war with Tamil Tiger separatists, also […]
More Lube
Sept 14, 2007 (LBO) – The Sri Lanka has given approval for three more companies to sell lubricants in the island, raising to nine the number of companies in the market which is dominated by the US brand Caltex. Sri Lanka’s annual lube market is around 45,000 kilolitres. The new companies to enter the fray […]
Price War
Sept 13, 2007 (LBO) – The bunker fuels subsidiary of John Keells Holdings, a top money-spinner of the group, looks set to face heightened competition with a rival supplier in Colombo port threatening to cut prices. The Sri Lanka Shipping Group, which sells ship fuel through its bunkering subsidiary, Lanka Maritime Services, has said it […]
Peak Price
SINGAPORE, Sept 13, 2007 (AFP) – Crude oil prices weakened in Asian trade Thursday on profit-taking after scaling new peaks on concerns over tight US supplies and hurricane worries, dealers said. At 10:35 am (0235 GMT), New York’s main contract, light sweet crude for October delivery dropped 25 cents to 79.66 US dollars a barrel […]
Gas Market
Sept 13, 2007 (LBO) – Lanka Auto Gas and Fuel Systems (LAUGFS) plans to set up a gas storage terminal in southern Galle at a cost of 12 million dollars, a top official said. Laugfs decided to build their own terminal because the liquid petroleum gas market was growing and also because of difficulties in […]
Sri Lanka issues tsunami alert; no warning
Sept 13, 2007 (LBO) – Sri Lanka has issued a tsunami alert following an aftershock of a magnitude of 7.8 on the Richter scale in Indonesia at 05.19 am local time and asked people to await further instructions. Following are the message definitions used by the National Oceanic and Atmospheric Administration of the United States […]
Sri Lanka calls for Red Cross escorts for food ships to Jaffna
Sept 13, 2007 (LBO) – Sri Lanka’s Secretariat for Coordinating the Peace Process has urged the international Red Cross to resume escorting vessels taking supplies and passengers to the northern Jaffna peninsula by sea. It said in a statement that it was keen to reduce restrictions on movement between the north and south and to […]
Sri Lanka gets USAF help to mop up rotten teeth in newly captured areas
Sept 13, 2007 (LBO) – A team of U.S. Air Force medics has helped treat patients in territory recently captured from Tamil Tigers in Sri Lanka’s east, the United States embassy in Colombo Thursday. “A nine-person team of USAF medics recently completed a medical/dental humanitarian assistance mission that benefited civilians living in the recently-liberated eastern […]