Tag: lbo
Navy bus attacked with landmine in Sri Lanka
Suspected Tamil Tiger rebels exploded a powerful landmine in north-western Sri Lanka, killing or injuring about 30 sailors travelling in a bus, a defence ministry official said. Suspected Tamil Tiger rebels exploded a powerful landmine in north-western Sri Lanka, killing or injuring about 30 sailors travelling in a bus, a defence ministry official said. “There […]
Tigers deny killing Sri Lanka sailors, accuse navy of attack
Sri Lanka’s Tamil Tiger rebels denied abducting and killing three sailors the previous day and accused the navy of launching an attack on their flotilla and sparking a fierce sea battle.Sri Lanka’s Tamil Tiger rebels denied abducting and killing three sailors the previous day and accused the navy of launching an attack on their flotilla […]
Tamil Tiger blast kills 15 Sri Lankan sailors
Suspected Tamil rebels blew up a navy road convoy in Sri Lanka on Friday killing at least 15 sailors and wounding 15 more, a defence ministry official said as the guerrillas warned of more strikes.Suspected Tamil rebels blew up a navy road convoy in Sri Lanka on Friday killing at least 15 sailors and wounding […]
Scouts Honour
Sri Lanka’s President Mahinda Rajapakse Wednesday promised to honour US$ 71 million due to Indian Oil Corp., after its local unit lamented that unpaid bills will drive it to technical insolvency. Sri Lanka’s President Mahinda Rajapakse Wednesday promised to honour US$ 71 million due to Indian Oil Corp., after its local unit lamented that unpaid […]
Sri Lanka sea battle ends with rebels, sailors captured
Sri Lanka’s navy and Tamil Tigers fought a sea battle off the island’s northwestern coast Thursday with three sailors suspected killed and seven rebels captured, the navy said.Sri Lanka’s navy and Tamil Tigers fought a sea battle off the island’s northwestern coast Thursday with three sailors suspected killed and seven rebels captured, the navy said. […]
Sri Lanka raise diplomatic offensive after sea battle
Sri Lanka’s navy and Tamil Tigers fought a sea battle off the island’s northwest coast Thursday with three sailors feared killed and seven rebels captured, the navy said.Sri Lanka’s navy and Tamil Tigers fought a sea battle off the island’s northwest coast Thursday with three sailors feared killed and seven rebels captured, the navy said. […]
Two Sri Lankan soldier killed in new clashes
At least two soldiers were killed in Sri Lanka’s embattled northern peninsula of Jaffna Wednesday while security forces recovered three land mines aimed at troops, military officials said. At least two soldiers were killed in Sri Lanka’s embattled northern peninsula of Jaffna Wednesday while security forces recovered three land mines aimed at troops, military officials […]
Sri Lanka rejects Oslo venue for peace talks
Sri Lanka’s president Wednesday rejected a Tamil rebel demand to hold talks in Oslo and welcomed a statement from an international quartet this week that urged the guerrillas to halt killings. Sri Lanka’s president Wednesday rejected a Tamil rebel demand to hold talks in Oslo and welcomed a statement from an international quartet this week […]
Co-chairs rap LTTE for instigating violence, Govt. for being slow to control paramilitary uprisings
The co-chairs of the Tokyo donor conference on Monday rapped the LTTE for instigating violence, warning that “a failure to demonstrate a willingness to change would not be without serious consequences.” The co-chairs of the Tokyo donor conference on Monday rapped the LTTE for instigating violence, warning that “a failure to demonstrate a willingness to […]
Fuel to the Fire
Shares in retail fuel giant Lanka IOC Ltd., were suspended Tuesday, as the firm grapples with working capital constraints.Shares in retail fuel giant Lanka IOC Ltd., were suspended Tuesday, as the firm grapples with working capital constraints. A Colombo Stock Exchange spokesperson told LBO the stock was suspended pending a clarification from the Indian fuel […]
Moving Parts
Lanka IOC said it is proceeding forward with plan to set up a lubrication blending plant in Trincomalee despite working capital constraints in its fuel retailing business.Lanka IOC said it is proceeding forward with plan to set up a lubrication blending plant in Trincomalee despite working capital constraints in its fuel retailing business. Lubed Up […]
Sri Lanka peace hopes dim amid fresh row over venue: diplomats
Hopes for a revival of Sri Lanka’s peace process dimmed after Tamil Tiger rebels rejected a government offer to hold ice-breaking talks at an Asian venue hosted by Japan, diplomats said Sunday.Hopes for a revival of Sri Lanka’s peace process dimmed after Tamil Tiger rebels rejected a government offer to hold ice-breaking talks at an […]