Author: lbostgadmin
‘s truce monitors raps government on paramilitary groups
Jan. 13 (LBO) – Giving voice to the unspoken thoughts of most ordinary citizens of the country, Sri Lanka’s truce monitors have questioned whether the ceasefire agreement with the rebels and government has ended.Jan. 13 (LBO) – Giving voice to the unspoken thoughts of most ordinary citizens of the country, Sri Lanka’s truce monitors have […]
Peace monitors warn of war in Sri Lanka amid new blast
A packed army bus narrowly escaped a mine blast in Sri Lanka on Friday as truce monitors pointed the finger at Tiger rebels for a wave of deadly bombings and urged action to halt a return to war.A packed army bus narrowly escaped a mine blast in Sri Lanka on Friday as truce monitors pointed […]
Influx of Lankan refugees continues
Rameswaram (TN), Jan 13 (PTI) The influx of refugees continued for the second day today with a group of nine Sri Lankan Tamils arriving here this morning.Rameswaram (TN), Jan 13 (PTI) The influx of refugees continued for the second day today with a group of nine Sri Lankan Tamils arriving here this morning. Revenue officicals […]
Spilleth Over
Jan 13 (LBO) – The largest storage reservoir in the Sri Lankan hydro – electrical generation system spilled early Friday morning, for the first time sicne 1997, a Ceylon Electricity Board (CEB) official said. Jan 13 (LBO) – The largest storage reservoir in the Sri Lankan hydro – electrical generation system spilled early Friday morning, […]
Weekend Disruption
Jan 13 (LBO) – Sri Lanka’s supplies of oil, wheat and cement from the Northern town of Trincomalee has been disrupted since Thursday, following a protest campaign, police said Friday.Jan 13 (LBO) – Sri Lanka’s supplies of oil, wheat and cement from the Northern town of Trincomalee has been disrupted since Thursday, following a protest […]
The British cuppa becomes an official icon
LONDON, Jan 9 (AFP) – The cup of tea, that staple of everyday English life for centuries, officially became a national icon Monday as the British government launched a new project to celebrate the country’s cultural heritage.The humble “cuppa” was named as one of 12 symbols that best represents England in an online initiative spearheaded […]
Sri Lanka delays plans for migrant bond issue
Jan 14 (LBO) – Sri Lanka’s plans to raise US$ 100 million worth of bonds from expatriate countrymen next month, is likely to get delayed until March, a Central Bank official said Friday. Jan 14 (LBO) – Sri Lanka’s plans to raise US$ 100 million worth of bonds from expatriate countrymen next month, is likely […]
Sri Lanka pledges not to start war
Sri Lanka Thursday pledged not to start a war with Tamil rebels despite an escalation of violence and expressed hope that peace broker Norway will salvage a truce with the guerrillas.Sri Lanka Thursday pledged not to start a war with Tamil rebels despite an escalation of violence and expressed hope that peace broker Norway will […]
Eight killed in Sri Lanka blast
At least eight sailors were killed in northern Sri Lanka Thursday when their bus was hit by a land mine explosion, military officials said. At least eight sailors were killed in northern Sri Lanka Thursday when their bus was hit by a land mine explosion, military officials said. Another eight sailors escaped with injuries in […]
More EU aid for Sri Lanka, if peace prevails.
European Commission (EC) pledges more aid for Sri Lanka, if peace prevails.European Commission (EC) pledges more aid for Sri Lanka, if peace prevails. A statement from the EC’s Commissioner for External Relations, Benita Ferrero-Waldner on Thursday, said the benefits of European aid and trade were dependent on peace. “Above and beyond the next Euro 50 […]
South Asian Footprint
ICICI Bank, India’s second-largest bank by assets, commenced business in Sri Lanka Thursday, with an eye on getting a slice of the growing bi-lateral trade and inward remittance market, officials said.ICICI Bank, India’s second-largest bank by assets, commenced business in Sri Lanka Thursday, with an eye on getting a slice of the growing bi-lateral trade […]
Weak Knees
Sri Lanka’s State Mortgage & Investment Bank (SMIB) was downgraded by Fitch Ratings Lanka to A (sri) from A+ (sri) on deteriorating asset quality and high exposure to interest rate risks, Fitch said Thursday. Sri Lanka’s State Mortgage & Investment Bank (SMIB) was downgraded by Fitch Ratings Lanka to A (sri) from A+ (sri) on […]