News

Petrol hedge deals probed
The Central Bank (CB) has begun an extensive probe on the oil hedging deals by the Ceylon Petroleum Corporation (CPC), criticized over mounting losses, even as a government minister said there will not be any more hedging next year. Even as CPC Chairman Asantha de Mel came out blazing at a news conference on Monday and stoutly defended the decision to resort to the ‘zero cost collar’ option in hedging on oil prices, five-man teams from the CB visited five commercial banks on Thursday and Friday and obtained all documents pertaining to the transactions.
 
Pooneryn falls: President tells LTTE – surrender

The Army’s recapture of Pooneryn yesterday prompted President Mahinda Rajapaksa to urge the Tiger guerrillas to lay down arms and negotiate peace. Addressing the nation on television, the President called on the LTTE to surrender. “I very clearly call on Prabhakaran of the LTTE to immediately lay down arms and come to the negotiation table. It is the greatest service that you can do to the people of the Wanni,” he said.

 
Other News Articles
Petrol hedge deals probed
Pooneryn falls: President tells LTTE – surrender
Double victory for Govt.
Customs seize Prima wheat and vessel
Pillayan says LTTE not involved
Tissa faces daily threats, fears loss of eyesight
Free people from LTTE control, TULF leader tells Indian Govt., TN
Felicitation week to thank Pooneryn heroes
Threats won’t silence me: Mangala
Odds and Ends
Blank cheque
Div. Sec., aide remanded for bribe taking
Milk food prices down next month: Govt.
Dengue season sets in with rains
Big holes in textile pocket
New TV regulations: SC makes picture clear to Media Minister
Row over Church property: SC refers case back to Jaffna court
Bear saves monk from clutches of Tigers
Quarrying for clay in paddy field leads to protest
Veddahs’ world is a no man’s land
Crimes against children on the rise
Learning centre idling
Search Operation in Vavuniya town
Chief Minister Sivanesathurai Chandrakanthan visiting the Athurugiriya scene
Parents study puzzling sign outside school
Prices of 10 essential items to be revised
Reversing vehicle kills veteran teacher
‘Sareeing’ in a catch
Gintota Vidyalaya: A tale of broken promises
Buddhist academy will help groom leaders
An unusual bunch

 
 
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