Tag: lankabusinessonline
Tamil Tiger arms ship bombed off the coast of Sri Lanka
COLOMBO, Sept 17, 2006 (AFP) – Sri Lanka’s navy gunboats and war planes bombed a suspected Tamil Tiger arms ship Sunday, the defence ministry said, despite efforts by peace broker Norway to hold talks to uphold a truce.The defence ministry said in a statement that naval craft called for air support after the unnamed vessel […]
Sri Lanka earns place among religious freedom violators
WASHINGTON, Sept 16 (AFP) – The United States on Friday classified six Asian countries as religious freedom violators, aside from China, Myanmar, North Korea and Vietnam already blacklisted as worst offenders in the region. Afghanistan, Brunei, India, Laos, Pakistan and Sri Lanka were included in a “significant” list of violators of religious freedom in the […]
Japan Power
SINGAPORE, September 16, 2006 (LBO) – Japan has come forward to help Sri Lanka expand its energy mix, with financial backing to build a liquefied natural gas power plant, a top official said. Sri Lanka’s Treasury Secretary P B Jayasundara says the government hopes to have an LNG (Liquefied Natural Gas) plant up and running […]
More deaths in Sri Lanka ahead of peace talks
Sept 16, 2006 (AFP) – Suspected Tamil Tiger rebels shot dead three civilians and a government soldier in separate incidents, the defence ministry said Saturday.The Tamil rebels are fighting for an independent homeland for the Tamil minority. More than 60,000 people have been killed in Sri Lanka’s bitter ethnic conflict since 1972.Two civilians were killed […]
Troops shell Tigers in new Sri Lanka fighting
TRINCOMALEE, Sri Lanka, Sept 15, 2006 (AFP) – Government forces shelled Tamil Tiger positions in northeastern Sri Lanka Friday as suspected guerrillas shot dead four civillians in renewed unrest on the island, officials said. Meanwhile, four civilians have been shot dead in separate incidents in Jaffna peninsula and in the neighbouring districts of Vavuniya and […]
Tit for Tat
Sept 15 (LBO) – Lanka Indian Oil Corp., will drop fuel prices again from Friday to recover a 50 percent loss in volumes due to price wars with Sri Lanka’s state oil corporation. We will be reducing our prices by one rupee on a litre of petrol and diesel with effect from midnight Friday. It […]
Lack of cash pushes Sri Lanka to peace talks: analysts
COLOMBO, Sept 14, 2006 (AFP) – Sri Lanka appears to be dominating Tamil separatists on the battlefield, but a dwindling war chest may have forced it to enter peace talks ordered by foreign donors, analysts and diplomats say. “There is no doubt that the military enjoys the upper hand in current battles,” says retired air […]
Ten killed in Sri Lanka amid fresh violence
VAVUNIYA, Sri Lanka, Sept 14, 2006 (AFP) – At least 10 people have died in fresh violence in Sri Lanka, officials said Thursday, despite an agreement among the island’s warring parties to talk peace. Three migrant workers from Sri Lanka’s majority Sinhalese community were gunned down in an open field in the town of Vavuniya, […]
Hedging Option
Sept 14 (LBO) – Sri Lanka is looking at oil futures to hedge against increasing crude prices and control the island’s runway oil bill next year, officials said. Sri Lanka is hoping to bring about a more stable macro-economic framework in the next few years and one such move to do this is to take […]
Donor countries cut funding for Sri Lanka de-mining Report
Sept 14 (LBO) – Donor countries have withdrawn funding for de-mining in Sri Lanka until the government shows more commitment to signing a treaty banning landmines. A Landmine Monitor Report for 2006 launched earlier this week, says funding for de-mining has been steadily falling over the past few years as Sri Lanka is not signatory […]
” talks
Sept 13, 2006 (AFP) – A Sri Lankan official denied on Wednesday the government had agreed to unconditional talks with Tamil Tiger rebels, and accused peace broker Norway of failing to consult with Colombo before making any announcement.Earlier peace talks aimed at ending three decades of ethnic bloodshed came to a halt in April 2003 […]
Blast injures 16 in northern Sri Lanka town
VAVUNIYA, Sept 13 (AFP) – A powerful explosion ripped through a chicken market in Sri Lanka’s northern town of Vavuniya on Wednesday, wounding 16 civilians, police and witnesses said. Police said they believed the rebel Liberation Tigers of Tamil Eelam (LTTE) exploded a grenade inside the market. “We suspect the Tigers were behind the attack,” […]