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Exports zero growth in March with textile and apparel reducing by 5.3%
Exports recorded zero growth in March, with exports of textile and apparel reducing by 5.3 percent compared to a 11.9 percent increase in January and February.Exports recorded zero growth in March, with exports of textile and apparel reducing by 5.3 percent compared to a 11.9 percent increase in January and February. “Export earnings in March […]
Panic attack over false tsunami in Galle
Inhabitants of the Southern Sri Lankan town of Galle ran away from the coast in panic fearing another tsunami, after high seas drenched part of the market area, residents said.Inhabitants of the Southern Sri Lankan town of Galle ran away from the coast in panic fearing another tsunami, after high seas drenched part of the […]
Fly Over
The US to do feasibility for Sri Lanka’s second international airport located in the South of the island, says Minister of Ports and Aviation Mangala Samaraweera.The US to do feasibility for Sri Lanka’s second international airport located in the South of the island, says Minister of Ports and Aviation Mangala Samaraweera. “The US Trade and […]
Burning Issues
National carrier SriLankan Airlines is hoping international jet fuel prices will cool off this month as it launches thrice weekly services to Beijing China from June 15.National carrier SriLankan Airlines is hoping international jet fuel prices will cool off this month as it launches thrice weekly services to Beijing China from June 15. Fuel accounts […]
Temp Jobs
Sri Lanka will import air traffic controllers from neighbouring India to prevent a shutdown of international flights in case local unions strike, the airport chief said Thursday.Sri Lanka will import air traffic controllers from neighbouring India to prevent a shutdown of international flights in case local unions strike, the airport chief said Thursday. A handful […]
Southern Sail
Sri Lanka is in talks with Chine to fund a US$ 90 mn tank farm in Hambantota – the first phase of a proposed mega port development in the South of the island. Sri Lanka is in talks with Chine to fund a US$ 90 mn tank farm in Hambantota – the first phase of […]
Foreign donors dangle cash carrot to push peace in Sri Lanka
An increased foreign aid offer of three billion dollars for Sri Lanka’s tsunami recovery is mainly aimed at pushing Colombo and Tamil Tiger rebels to salvage their peace talks, diplomats said Wednesday.An increased foreign aid offer of three billion dollars for Sri Lanka’s tsunami recovery is mainly aimed at pushing Colombo and Tamil Tiger rebels […]
Tigers push for tsunami deal with Sri Lankan government
Tamil Tiger rebels Thursday pushed for “serious engagement” with Sri Lanka’s government to share billions of dollars of tsunami aid despite official fears that such a deal threatens the president’s life.Tamil Tiger rebels Thursday pushed for “serious engagement” with Sri Lanka’s government to share billions of dollars of tsunami aid despite official fears that such […]
Farmers get land for homes, farming land next on list
The Agriculture Ministry say over 140,000 farming families in Sri Lanka are landless, with not even a few perches to build a house.The Agriculture Ministry say over 140,000 farming families in Sri Lanka are landless, with not even a few perches to build a house. A new initiative hopes to distribute a minimum 6 perches […]
Japan agrees to defer payments on US$ 225 mn due in 2005
Japan on Tuesday confirmed Sri Lanka’s calls to postpone up to US$ 220 mn in loans owed to the East Asian development partner this year.Japan on Tuesday confirmed Sri Lanka’s calls to postpone up to US$ 220 mn in loans owed to the East Asian development partner this year. The total US$ 225 mn debt […]