Author: LBO
Sri Lanka’s main opposition party launches drive for early elections
DONDRA – Sri Lanka’s main opposition party launched a 10-day march with thousands of supporters to pressure President Chandrika Kumaratunga to call nationwide elections by year-end and revive a Norway-led peace process. DONDRA – Sri Lanka’s main opposition party launched a 10-day march with thousands of supporters to pressure President Chandrika Kumaratunga to call nationwide […]
Sri Lanka’s Tigers demand stepped up security, warn truce at risk
Tamil Tigers Thursday gave the Sri Lankan authorities two weeks to step up security for rebels travelling through government-held areas, warning a Norwegian-brokered truce was at risk.Tamil Tigers Thursday gave the Sri Lankan authorities two weeks to step up security for rebels travelling through government-held areas, warning a Norwegian-brokered truce was at risk. The rebel […]
Oil prices and political stability could crimp Sri Lanka’s economic growth
Soaring oil prices and political instability could put the breaks on Sri Lanka’s economic performance this year, the country’s Central Bank said Thursday.Soaring oil prices and political instability could put the breaks on Sri Lanka’s economic performance this year, the country’s Central Bank said Thursday. “Macro stability as well as political stability would be crucial […]
Don’t politicise tsunami aid, warns Sri Lanka Tamil leader
KILINOCHCHI, Sri Lanka, (AFP) – Tamil Tiger rebels asked Sri Lanka Sunday not to “politicise” tsunami relief, but said working with Colombo to distribute foreign aid could help build confidence among the warring parties.KILINOCHCHI, Sri Lanka, (AFP) – Tamil Tiger rebels asked Sri Lanka Sunday not to “politicise” tsunami relief, but said working with Colombo […]
US asks Sri Lanka’s warring parties to strengthen truce after aid deal
The United States asked Sri Lanka’s government and Tamil Tiger rebels Monday to strengthen a fragile truce between them after they entered into a controversial deal to share aid pledged after the tsunami.The United States asked Sri Lanka’s government and Tamil Tiger rebels Monday to strengthen a fragile truce between them after they entered into […]
UN’s Annan ‘pleased’ with Sri Lanka tsunami deal with rebels
UNITED NATIONS (AFP) – UN Secretary General Kofi Annan has welcomed a tsunami aid-sharing deal between Sri Lanka’s government and Tamil rebels as an “important day” for the island. UNITED NATIONS (AFP) – UN Secretary General Kofi Annan has welcomed a tsunami aid-sharing deal between Sri Lanka’s government and Tamil rebels as an “important day” […]
The JVP’s biggest achievements
JVP supremo Somawanse Amerasinghe said among the biggest achievements of the party during the last year was reducing corruption, cutting of waste in ministries, and using the savings to buy a bus for ministry workers to travel.JVP supremo Somawanse Amerasinghe said among the biggest achievements of the party during the last year was reducing corruption, […]
SLT share perk up on Dialog’s IPO pricing
Sri Lanka Telecom shares rose Friday, on investor perceptions that the stock is undervalued compared to the upcoming Dialog Telecom issue, traders said.Sri Lanka Telecom shares rose Friday, on investor perceptions that the stock is undervalued compared to the upcoming Dialog Telecom issue, traders said. More than 2 million SLT shares changed hands Friday with […]
Top British official says Sri Lanka’s rebuilding targets are optimistic
Top British officials say Sri Lanka’s reconstruction targets are optimistic at best, and urges setting up a controversial joint mechanism to share aid in rebel held areas of the North.Top British officials say Sri Lanka’s reconstruction targets are optimistic at best, and urges setting up a controversial joint mechanism to share aid in rebel held […]
Buddhist monk’s life endangered by tsunami aid mechanism
A faction of Buddhist monks in Sri Lanka claim the life of another monk is endangered by the proposed tsunami aid mechanism for the north and east.A faction of Buddhist monks in Sri Lanka claim the life of another monk is endangered by the proposed tsunami aid mechanism for the north and east. The National […]
Who’s The Fool?
Tax changes proposed by the last budget got the legislative stamp recently but experts speaking at a forum said the tax system is now even more complicated.Tax changes proposed by the last budget got the legislative stamp recently but experts speaking at a forum said the tax system is now even more complicated. The government […]
Sri Lanka’s tourism arrival numbers are up, but beach front properties remain virtually empty
Despite claims that tourist revivals are up 8 percent by May, many of Sri Lanka’s resorts on the southern coast remain almost empty since the tsunami. Despite claims that tourist revivals are up 8 percent by May, many of Sri Lanka’s resorts on the southern coast remain almost empty since the tsunami. Visitors who helped […]