World Food Programme to buy rice from local farmers to feed tsunami victims

The World Food Programme(WFP) is planning to buy rice from Sri Lankan farmers to feed the thousands displaced by the tsunami and the internal conflict. The World Food Programme(WFP) is planning to buy rice from Sri Lankan farmers to feed the thousands displaced by the tsunami and the internal conflict. “We are negotiating with the […]

No takers in Sri Lanka for IFC’s US$ 150 mn loans?

The International Finance Corp.‘s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks.The International Finance Corp.’s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks. […]

‘s US$ 150 mn loans?

The International Finance Corp.‘s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks.The International Finance Corp.’s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks. […]

Sri Lanka rebels recruiting fewer child soldiers

Tamil guerrillas have recruited fewer child soldiers in Sri Lanka this year amid mounting international condemnation against enlisting underage combatants, official figures showed Wednesday. Tamil guerrillas have recruited fewer child soldiers in Sri Lanka this year amid mounting international condemnation against enlisting underage combatants, official figures showed Wednesday. The recruitment pattern of the rebel Liberation […]

Clean Deals

CDM or Clean Development Mechanism developed under the Kyoto Protocol to cut green house gas emissions of industrial countries by five percent by 2012 is wooing emerging economies to trade what are called carbon credits and help industrial countries meet targets. CDM or Clean Development Mechanism developed under the Kyoto Protocol to cut green house […]

Damn It

Sri Lanka’s next Tsunami type wave might hit inland if one of the many dams in the country gives way due to lack of maintenance according to a former boss of irrigation.Sri Lanka’s next Tsunami type wave might hit inland if one of the many dams in the country gives way due to lack of […]

Foreign aid donors under human rights fire over Sri Lanka killings

Peace broker Norway and nations which promised Sri Lanka three billion dollars in tsunami aid were Tuesday accused by an international human rights group of not using their financial clout to halt a string of killings.Peace broker Norway and nations which promised Sri Lanka three billion dollars in tsunami aid were Tuesday accused by an […]

Sri Lanka’s appreciating currency in the face of rising inflation has renewed fears of the so-called Dutch Disease gripping the country

Sri Lanka’s appreciating currency in the face of rising inflation has renewed fears of the so-called Dutch Disease gripping the country. Sri Lanka’s appreciating currency in the face of rising inflation has renewed fears of the so-called Dutch Disease gripping the country. In March industrial exports fell, reversing a trend of rising double-digit growth. In […]

Uneasy calm grips Sri Lanka’s troubled town

An uneasy calm gripped Sri Lanka’s troubled port city of Trincomalee as Buddhists Monday celebrated a key anniversary amid protests over a Buddha statue in the region, police and residents said.An uneasy calm gripped Sri Lanka’s troubled port city of Trincomalee as Buddhists Monday celebrated a key anniversary amid protests over a Buddha statue in […]

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