Tag: Sri Lanka
Sri Lanka issues gazette on war reporting censorship
Oct 31, 2007 (AFP) – Sri Lanka imposed censorship on war reporting a week after Tamil Tiger rebels carried out a devastating attack on the country’s air force, a government notice showed Wednesday.President Mahinda Rajapakse used tough emergency laws to ban the publication of any information on military operations as well as procurements, a gazette […]
Sri Lanka to withdraw censorship?
Oct 31, 2007 (AFP) – Sri Lanka has imposed blanket censorship on war reporting, officials said Wednesday, a week after a devastating attack on its air force, but is reconsidering the move following media protests.The government then came under fire from media rights groups after saying it would like to hire hackers to stop the […]
Mini Hydro
Oct 30, 2007 (LBO) – Sri Lankan mini hydro power company Vidullanka Tuesday said net profit for the first half ending September 30, 2007 was up nine percent year-on-year to 24.6 million rupees. Group revenue rose 13.5 percent to 83.5 million rupees over the same period, according to interim results sent to the Colombo bourse. […]
Sri Lanka military says 13 rebels killed
Oct 30, 2007 (AFP) – Sri Lankan security forces killed 13 more Tamil Tiger rebels in fresh clashes across the north of the island, the defence ministry said Tuesday. Troops killed 10 rebels during an overnight attack along the military defence lines in the Jaffna peninsula, the ministry said in a statement. It said one […]
Smooth Ride
Oct 29, 2007 (LBO) – Chevron Lubricants Lanka said net profit for the September quarter shot up 78 percent to 325 million rupees from the same quarter a year ago. The firm, the Sri Lankan unit of the Chevron Texaco oil multinational, said sales were up eight percent to 2.1 billion rupees. “The top line […]
Sri Lanka Tamil Tigers developing refined tax system
Oct 29, 2007 (LBO) – Sri Lanka’s Tamil Tigers are developing a sophisticated tax collection system to raise funds from the Tamil diaspora for its war that appears to rival that of legitimate governments in efficiency, new research shows. The Tigers are developing a system in Europe, where much of the Tamil diaspora resides, in […]
Sri Lanka clashes kill 22
Oct 28, 2007 (AFP) – At least 22 Tamil Tiger rebels and soldiers have been killed in overnight clashes in northern Sri Lanka, the defence ministry said Sunday. Security forces claimed killing 20 Tamil Tiger rebels and injuring 11 in fighting across northern areas in the past 24 hours, placing troop losses at two dead. […]
Sri Lanka Tigers had inside information for air base attack: report
Oct 28, 2007 (AFP) – Tamil Tiger rebels had clear “inside information” ahead of a devastating attack that virtually wiped out the Sri Lankan government’s fleet of spy planes, a report said Sunday.In a report in the island’s Sunday Times newspaper, defence analyst Iqbal Athas said up to 27 elite rebel fighters were able to […]
‘s closest relatives in Sri Lanka face extinction
Oct 27, 2007 (LBO) – Two Sri Lankan primates, man’s closest relatives in the wild, have been named as being among 25 species that are most severely threatened with extinction globally, in a new report by conservationists. . Chimpanzees, gorillas and monkeys are among the most widely known primates, though it also includes others such […]
‘s rich and poor ministries
Oct 27, 2007 (LBO) – Eighty percent of Sri Lanka’s budget next year would be spent by 20 percent of the ministries with more than half the ministries getting less than one percent of money each, spending plans presented to parliament show. Twenty percent of the ministries or the 11 biggest ones, including ones for […]
Sri Lanka balance of payments surplus to double after bond: CB
Oct 26, 2007 (LBO) – Sri Lanka’s central bank said the balance of payments surplus in 2007 would more than double to 450 million dollars with the help of a sovereign bond issue, after holding policy rates steady in October. “This inflow has stabilized both the exchange rate and market interest rates and this trend […]
‘s Tamil Tiger dodge financial regulators
Oct 25, 2007 (LBO) – Sri Lanka’s Tamil Tiger rebels have developed a sophisticated international system to transfer funds for their weapons procurement without being detected by financial regulators, a counter-terrorism expert told a recent conference in Colombo. The Liberation Tigers of Tamil Eelam (LTTE) operates a “hub and spoke” network for money transfer modalities, […]