Angry Tones

Dozens of Buddhist monks and their followers blocked a main highway to President Chandrika Kumaratunga’s home Friday demanding she withdraw plans to enter into an aid sharing deal with Tamil Tiger rebels, witnesses said.Dozens of Buddhist monks and their followers blocked a main highway to President Chandrika Kumaratunga’s home Friday demanding she withdraw plans to […]

India discusses defence pact with Sri Lanka

Negotiations were under way between India and Sri Lanka for a defence cooperation pact, visiting Indian Foreign Minister Natwar Singh said here Friday as his hosts faced a deepening political crisis. Negotiations were under way between India and Sri Lanka for a defence cooperation pact, visiting Indian Foreign Minister Natwar Singh said here Friday as […]

Sri Lanka Marxists issue deadline to drop aid-sharing deal with Tigers

Sri Lanka’s coalition plunged into deeper crisis Friday as a key partner gave the president five days to back off from an aid-sharing deal with rebels or risk losing the government. Sri Lanka’s coalition plunged into deeper crisis Friday as a key partner gave the president five days to back off from an aid-sharing deal […]

Sri Lanka police fire teargas, water at protesting monks

Sri Lanka police fired teargas and water Friday to scatter dozens of Buddhist monks protesting near the president’s home, including at least one who was threatening to set himself on fire, witnesses said. Sri Lanka police fired teargas and water Friday to scatter dozens of Buddhist monks protesting near the president’s home, including at least […]

Buddhist monk threatens to set fire to himself if joint mechanism not dropped

Buddhist monk threatens to set fire to himself as opposition to a working arrangement with the LTTE heats up in Sri Lanka.Buddhist monk threatens to set fire to himself as opposition to a working arrangement with the LTTE heats up in Sri Lanka. The National Bikkhu Front went on a protest walk from Punchi Borella […]

‘s Marxist ally on Friday vouched to break away from the Freedom Alliance

  Friday-Colombo: The JVP’s top-rung at a press conference in Colombo laugh at a Journalists question asking why the party chose June 15 to break its ties with the government. The coalition government’s Marxist ally on Friday vouched to break away from the Freedom Alliance on June 15, if the President did not withdraw an […]

Sri Lanka Marxists give president ultimatum to back off from Tigers deal

Sri Lanka’s coalition plunged into deeper crisis Friday as a key partner gave the president five days to back off from an aid-sharing deal with rebels or risk losing the government.Sri Lanka’s coalition plunged into deeper crisis Friday as a key partner gave the president five days to back off from an aid-sharing deal with […]

Extended Credit

Sri Lanka’s DFCC Bank is in line to pick up over US$ 250 million worth of concessionary funding lines this year, as it looks for ways to expand its loan book, a senior official said. Sri Lanka’s DFCC Bank is in line to pick up over US$ 250 million worth of concessionary funding lines this […]

Full Board

Tsunami ravished beach resorts Eden Hotel and Riverina Hotels collect Rs.200 million from insurance. Tsunami ravished beach resorts Eden Hotel and Riverina Hotels collect Rs. 200 million from insurance. The hotels managing company, the Confifi Group on Thursday told shareholders that negotiations with the insurers had been completed with the parties agreeing to pay Rs.97.5 […]

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