Tag: lankabusinessonline
Sri Lanka on alert after new flying Tiger threat
COLOMBO, April 27, 2007 (AFP) – Sri Lanka was on high alert Friday over the threat of another Tamil Tiger air attack, the morning after a suspicious aircraft forced the closure of the island’s only international airport. “We are on alert. In fact, every day we are on alert now and we have beefed up […]
Oil Chase
April 26, 2007 (LBO) – India is eyeing two oil exploration blocks in Sri Lanka with two state oil firms engaging in open bidding as well as taking a block that is being given as a special favour by their southern neighbor, reports said. The United States is also hosting Sri Lanka’s petroleum officials at […]
” charged for supporting terrorism in Sri Lanka
April 26, 2007 (LBO) – The United States has charged a senior representative of the Tamil Tigers for supporting a foreign terrorist organization, the US embassy in Colombo said in a statement Thursday. If the charges are proved, the defendant Karunakara Kandasamy also known as ‘Karuna’ faces a maximum sentence of 15 years’ imprisonment. œAs […]
Sport brings hope of respite in Sri Lanka
April 26, 2007 (AFP) – Sri Lanka’s surge into cricket’s World Cup final this weekend has raised hopes of a peace dividend on an island united by sport but divided by conflict, even if no one is showing long-term optimism.Cricket is hugely popular in Sri Lanka and is seen as one of the few things […]
Port Funds
April 25, 2007 (LBO) –The Asian Development Bank (ADB) Wednesday inked a deal with the Sri Lanka government to lend 300 million dollars to expand Colombo port that it said would help keep Sri Lanka’s shipping costs down. Finance Ministry secretary P.B. Jayasundera said the government will chip in with 180 million dollars, and expects […]
Sri Lanka president to attend World Cup
April 25, 2007 (AFP) – Sri Lankan President Mahinda Rajapakse will fly to Barbados to cheer the national team in the cricket World Cup final later this week, a senior aide said on Wednesday. “It is almost certain that the president will leave on Thursday at the invitation of the Prime Minister of Barbados,” said […]
Sri Lanka vows to destroy Tiger planes
COLOMBO, April 25, 2007 (AFP) – Sri Lanka Wednesday vowed to destroy the Tamil Tigers’ air capability, a day after the guerrillas killed six soldiers and wounded 13 in a bombing of a key military base.The Sri Lankan air force said that the Liberation Tigers of Tamil Eelam (LTTE) had used a single aircraft to […]
Mexico, Sri Lanka, Pakistan and Afghanistan lead war on journalism: watchdog
VIENNA, April 25, 2007 (AFP) – A media watchdog on Wednesday described 2006 as the “most savage and brutal” year on record for journalists with 100 media professionals killed across the world. It was a “war on journalism,” said Johann Fritz, director of the International Press Institute. “With 100 journalists killed, 2006 was the most […]
Port Consolidation
April 24, 2007 (LBO) – Maersk, the world’s largest container shipping line, is to buy a bigger stake in South Asia Gateway Terminals (SAGT), Colombo Port’s privatized transshipment facility, in a deal that sees Dubai Ports World selling out. Other shareholders of SAGT are Evergeen, SLPA, and multilateral lenders. Maersk is currently Colombo’s biggest customer […]
Sri Lanka Tamil Tigers claim new air attack
April 24, 2007 (AFP) – Tamil Tiger rebels said they carried out their second-ever air attack on Sri Lankan government troops on Tuesday, a claim that was immediately denied by the military. The government on Monday asked peace broker Norway to put off a visit to rebel-held territory by their ambassador, citing security considerations. Two […]
Sri Lanka bus blast death toll goes up to 5
April 24, 2007 (AFP) – Suspected Tamil Tiger rebels set off a bomb in northern Sri Lanka, killing five bus passengers and wounding another 33, defence officials said Tuesday.The Liberation Tigers of Tamil Eelam (LTTE) set off the blast in the district of Vavuniya, 250 kilometres (150 miles) north of Colombo just before midnight on […]
North Sri Lanka Tamil Tiger air raid kills six
April 24, 2007 (AFP) – Separatist Tamil Tiger rebels flying light aircraft bombed a military airbase on Sri Lanka’s northern peninsula of Jaffna on Tuesday, killing at least six people, officials and the guerrillas said.The government on Monday asked peace broker Norway to put off a visit to rebel-held territory by their ambassador, citing security […]