Sri Lankan troops assaulted the outskirts of the separatist Tamil Tigers’ self-proclaimed capital on Wednesday, the military said, a day after both sides said they had killed more than 100 in a series of confrontations. For a second day, troops launched coordinated assaults on the lines of trenches and earthen "bunds" the Tigers have… Continue reading Battle for Sri Lankan rebel headquarters rages again
Author: Reuters
Heavy fighting in Sri Lanka kills 145-military
Simultaneous army attacks on Tamil Tiger defences in Sri Lanka killed 120 guerrillas and 25 soldiers on Tuesday, the military said, in one of the bloodiest days of a renewed push to end one of Asia’s oldest civil wars. The Liberation Tigers of Tamil Eelam (LTTE) said its fighters killed 40 soldiers near the Kilali… Continue reading Heavy fighting in Sri Lanka kills 145-military
Sri Lanka rupee hits new low of over 1 year-dealers
The Sri Lankan rupee <LKR=> fell 0.36 percent in trading on Tuesday to its lowest level in more than a year of 111.90/112.00 a dollar, dealers said. It last hit that level on Oct. 26, 2007, Reuters data showed. Currency dealers from two foreign banks and three local banks confirmed the rupee was trading at… Continue reading Sri Lanka rupee hits new low of over 1 year-dealers
Sri Lanka rupee falls to a more than 1-yr low
The Sri Lankan rupee <LKR=> fell on Thursday to 111.00/20 per dollar, its lowest level in more than a year, another sign dealers said that the central bank is allowing the currency to gradually ease in value. Dealers said there was no sign of state bank intervention to support the currency. The central bank… Continue reading Sri Lanka rupee falls to a more than 1-yr low
Sri Lanka signs off on record war spending
Sri Lanka’s parliament approved a budget on Monday pledging record spending next year on the war with the Tamil Tigers, while troops resumed attacks on the edge of the rebels’ headquarters town of Kilinochchi. And in a sign President Mahinda Rajapaksa will use the greatest military success by any government so far in the 25-year… Continue reading Sri Lanka signs off on record war spending
S.Lanka Nov tourist arrivals fall 18.2 pct yr/yr
Sri Lanka’s tourists arrivals fell 18.2 percent in November from a year earlier, the Indian Ocean island nation’s tourism board said on Monday. Arrivals in November fell to 36,901 and totalled 389,550 in the first 11 months of 2008, bringing the year-to-date total down by 10 percent from the same period a year earlier,… Continue reading S.Lanka Nov tourist arrivals fall 18.2 pct yr/yr
Sri Lanka says captures 100 rebel boats
Sri Lanka’s military said on Friday it had captured more than 100 small boats used by the separatist Tamil Tigers, after soldiers seized a coastal village while marching towards the last big port held by the rebels. Soldiers captured Alampil Thursday after heavy fighting on the east coast, where the army’s 59th Division is… Continue reading Sri Lanka says captures 100 rebel boats
S.Lankan shares at near 4-yr low, Comm Bank tumbles
Sri Lankan shares shed 2.3 percent on Friday to their lowest close in almost four years as economic troubles worsened, with Commercial Bank of Ceylon sliding to a more than 3-½ year low on a possible hedging loss. Commercial Bank said its total risk would be $8.93 million if Sri Lanka’s top court permanently… Continue reading S.Lankan shares at near 4-yr low, Comm Bank tumbles
