Tag: lbo
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 army chief says Tamil Tiger air raid was met with ground fire
April 24, 2007 (AFP) – Tamil Tiger rebels used aircraft to target Sri Lanka’s main military complex in the Jaffna peninsula Tuesday but were beaten back by ground fire, the army chief said on national television. Lieutenant General Sarath Fonseka said they used ground fire to attack the rebel aircraft which changed course and bombed […]
‘s flying Tigers strike again
April 24, 2007 (AFP) – Tamil Tiger rebels flying light aircraft bombed Sri Lanka’s northern Jaffna peninsula Tuesday and launched an artillery attack, killing at least six soldiers, officials and the rebels said.In their second air strike in as many months, Liberation Tigers of Tamil Eelam (LTTE) spokesman Rasiah Ilanthiriyan said two light aircraft were […]
Tamil Tigers plan a break to watch Sri Lanka in World cup semi
April 24, 2007 (AFP) – Sri Lanka’s Tamil Tiger rebels are to take a brief break from battle later Tuesday to watch the national cricket team play New Zealand in the World Cup semi-finals. “There may not be any attacks tonight because we are also watching the match,” Tiger spokesman Rasiah Ilanthiriyan told AFP by […]
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 […]
‘s peace mission
COLOMBO, April 23, 2007 (AFP) – Sri Lanka asked peace broker Norway to suspend a planned visit Monday to Tamil rebel-held territory in the island’s north, diplomatic sources said.The Sri Lankan government told Norway’s top envoy here, Hans Brattskar, not to proceed with his visit to the town of Kilinochchi, 330 kilometres (206 miles) north […]
New Formula
April 23, 2007 (LBO) – Sri Lanka’s largest petroleum retailer the state-owned Ceylon Petroleum Corporation (CPC) may return to monthly price adjustments once it had recovered current losses, the country’s petroleum minister said. CPC shares Sri Lanka’s petroleum distribution with Lanka IOC, a unit of Indian Oil Corporation, which has 30 percent of the market. […]
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LUXEMBOURG, April 23, 2007 (AFP) – EU foreign ministers agreed on Monday to tell groups and individuals on its terror register why they are listed.The EU has already written to OMPI, recalling “the organisation’s past, notably the attacks that it has been responsible for”, an EU diplomat said. The decision was made in the wake […]
Six said killed in Sri Lanka clashes
COLOMBO, April 22, 2007 (AFP) – Tamil Tiger rebels and government forces fought two gunbattles in Sri Lanka’s restive north and east leaving at least six rebels killed, the defence ministry said Sunday.Gunmen of the Liberation Tigers of Tamil Eelam (LTTE) clashed with troops at Vavuniya, 260 kilometres (160 miles) north of Colombo, on Saturday […]