Sri Lankan capital on alert after bomb kills seven civillians

May 29, 2007 (AFP) – Security forces and police stepped up security in the Sri Lankan capital on Tuesday after suspected Tamil Tiger rebels set off a roadside bomb killing seven civilians, officials said. All vehicles entering Colombo were subjected to individual searches by heavily armed troops and police, a police spokesman said. The move, […]

Sri Lanka aid donors get security guarantees for workers

May 29, 2007 (AFP) – Key Sri Lankan aid donors Tuesday announced the government had offered security guarantees for their workers who have been accused by state media and ministers of supporting Tamil Tiger rebels.The 10-point “guiding principles” for security followed talks with the government after the killing of 17 workers from a French aid […]

Power Foothold

May 28, 2007 (LBO) – The Malaysian firm Tanjong, controlled by billionaire Ananda Krishnan, has taken a foothold in Sri Lanka’s power sector by acquiring an international energy firm with investments in the country, the company said Monday. In a filing at the Kuala Lampur stock exchange Tanjong said it had taken over Globeleq, a […]

Roadside bomb kills seven near Sri Lanka military base

May 28, 2007 (AFP) – Suspected Tamil Tiger rebels set off a roadside blast near an air force base just outside Sri Lanka’s capital Monday, killing at least seven people and wounding 39, police and doctors said.More than 5,000 people have been killed in a new wave of fighting since December 2005 despite a truce […]

Sri Lanka conflict to continue in the months ahead: analysts

May 27, 2007 (AFP) – A new wave of air and naval combat is likely in Sri Lanka as government troops and Tamil Tiger rebels step up battles that have killed more than 5,000 people since peace talks collapsed, analysts say. British High Commissioner Dominick Chilcott said: “The only solution to this massive disruption of […]

Fresh Sri Lanka violence kills nine

May 27, 2007 (AFP) – Suspected Tamil Tiger rebels set off a road side bomb in eastern Sri Lanka Sunday, killing three civilians as six more people were killed in separate clashes, police said.The rebel Liberation Tigers of Tamil Eelam (LTTE) blast blew up a truck, killing the three people at Thirukkovil, a police official […]

Japan under pressure over Sri Lanka aid

TOKYO, May 26, 2007 (AFP) – An international human rights group is lobbying Sri Lanka’s top donor Japan to exert greater pressure on the island nation to address spiralling violence. But Tokyo said it has no plans for now to slash aid and follow the lead of Sri Lanka’s former colonial ruler Britain and Germany, […]

Slipping In

May 25, 2007 (LBO) – The Sri Lanka unit of the Indian Oil Corporation is planning to boost its 13 percent share in the island’s lube business after getting the government nod to enter the licensed industry, the company said Friday. The company said the secretary of Sri Lanka’s Ministry of Petroleum and Petroleum Resources […]

Sri Lanka navy held Delft islet in Jaffna attacked by Tamil Tigers

May 24, 2007 (AFP) – Heavy clashes erupted Thursday between government troops and Tamil Tiger rebels on a remote islet off Sri Lanka’s northern Jaffna peninsula, military sources said.Government troops and Tamil rebels have been locked in combat following the breakdown of a 2002 Norwegian-arranged truce. Nearly 5,000 people have died in the last 18 […]

Tamil Tigers strike Sri Lanka capital, naval base

May 24, 2007 (AFP) – Tamil Tiger rebels blew up an army bus in Sri Lanka’s capital Thursday, killing at least one soldier, just hours after the guerrillas said they had also stormed a naval base and killed 35 sailors. The escalation in violence came days after the Tigers, who have been fighting for a […]

Sri Lanka backtracks on opposition to French FM

May 24, 2007 (AFP) – Sri Lanka distanced itself Thursday from opposition to Bernard Kouchner, who was named by the European Union to monitor human rights on the tropical island and is France’s new foreign minister.Sri Lanka’s Foreign Minister Rohitha Bogollagama said he was not against Kouchner, even though the troubled island’s ambassador-designate to Geneva […]

Oil Numbers

May 24, 2007 (LBO) – Lanka IOC, a unit of the Indian Oil Corporation has posted higher profits in the March quarter helped by a provision write-back and supply of refined products to the Ceylon Petroleum Corporation. Lanka IOC posted net profits of 874 million rupees in the 3-months to March (344.7 million rupees in […]

Page 460 of 672