Tag: lbo
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
Tigers reject Asian venue for Sri Lanka peace talks
Tamil Tiger rebels Saturday rejected a Sri Lankan offer to hold peace talks at an Asian venue and insisted that any negotiations must be in the capital of the peacebroker Norway.Tamil Tiger rebels Saturday rejected a Sri Lankan offer to hold peace talks at an Asian venue and insisted that any negotiations must be in […]
Sri Lanka monitors blame Tigers for chopper attack
Scandinavian ceasefire monitors in Sri Lanka blamed Tamil Tigers for shooting at an unarmed military helicopter earlier this week and said the attack seriously undermined the fragile truce.Scandinavian ceasefire monitors in Sri Lanka blamed Tamil Tigers for shooting at an unarmed military helicopter earlier this week and said the attack seriously undermined the fragile truce. […]