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BRUSSELS, Jan 7, 2008 (AFP) – The European Union on Monday called on the Sri Lankan government to offer “substantive devolution” to Tamil rebels as fierce fighting, renewed since Colombo scrapped a ceasefire, claimed more victims.The Slovenian EU presidency voiced deep regret at the Sri Lankan government’s decision to end the truce with the rebel […]
Sri Lanka called on to offer greater devolution to Tamils
Jan 08, 2008 (LBO) – The European Union (EU) has stepped up pressure on Sri Lanka after the government withdrew from the truce with the Tamil Tigers, with its external relations chief calling for a peace deal that goes beyond previous “failed” offers. The EU’s Commissioner for External Relations and European Neighbourhood Policy, Benita Ferrero-Waldner […]
Sri Lanka minister dies after blast
Jan 8, 2008 (AFP) – Sri Lankan government minister D.M. Dassanayake died in hospital Tuesday after his convoy was hit by a powerful roadside bomb near the capital, doctors said.The minister for nation building suffered severe head injuries in the attack and died while undergoing surgery, doctor Lalini Gunasekera said. Police said a fragmentation mine […]
Sri Lanka minister wounded in roadside bomb attack
Jan 8, 2008 (AFP) – A Sri Lankan government minister and six other people were wounded on Tuesday in a powerful roadside bomb attack between the capital Colombo and the island’s international airport, officials said.“Minister of Nation Building, D.M. Dassanayake, was injured in the attack,” military spokesman Brigadier Udaya Nanayakkara told AFP by telephone. Police […]
Sri Lanka blast targets ministerial convoy: police
A powerful roadside bomb exploded Tuesday outside Sri Lanka’s capital Colombo that hit a convoy carrying a government minister, police said.Police said there were no immediate reports of casualties from the explosion which targeted the convoy of Building Minister D.M. Dassanayake, about halfway between Colombo and the international airport..
Sri Lanka capital rocked by blast
Jan 28, 2008 (LBO) – A powerful blast ripped through the Sri Lanka’s capital central business district in the Fort area, a reporter at the scene said. Ambulances rushed to the scene and a military bomb disposal squad is examining the area the reporter said. The defence ministry said a bomb has been placed inside […]
Sri Lanka bond yields fall, rupee gains against greenback
Jan 08, 2008 (LBO) – Sri Lanka’s government bonds rose on foreign buying and the rupee gained against the greenback to close at 108.30/40 Monday, dealers said. Bonds maturing in 15.03.09 which traded at yields as high as 19.85 fell to 19.30/40 levels in the secondary market. When yields fall the price of the bond […]
Sri Lanka should fund sustainable agri changes instead of subsidies: think tank
Jan 07, 2008 (LBO) – Sri Lanka’s government should divert funds from agriculture subsidies to improving market linkages of rural farmers on the lines of successful models built by firms like Hayleys and MAS Tropical Food Processors, a new study said. The island has much potential to develop its spices sector mainly consisting of over […]
Bunker Battle
Jan 07, 2008 (LBO) – Sri Lanka’s army overran Tamil Tiger fortifications in north-western Mannar while also engaging them on two other fronts in clashes that killed 23 guerrillas and one soldier since Sunday, the military said. Media Center for National Security said fighting was reported on separate fronts in Mannar, north-central Vavuniya and the […]