Category: Economy

Sri Lanka on Tuesday accused Tamil Tiger rebels of unleashing a “stealth war” after seven soldiers were blown up in a mine blast in the troubled north, bringing the death toll since the weekend to 27.Sri Lanka on Tuesday accused Tamil Tiger rebels of unleashing a “stealth war” after seven soldiers were blown up in […]

Sri Lanka on Tuesday accused Tamil Tiger rebels of unleashing a “stealth war” after seven soldiers were blown up in a mine blast in the troubled north, bringing the death toll since the weekend to 27.Sri Lanka on Tuesday accused Tamil Tiger rebels of unleashing a “stealth war” after seven soldiers were blown up in […]

The US “gravely concerned” about ceasefire agreement violations in Sri Lanka over last few days.The US “gravely concerned” about ceasefire agreement violations in Sri Lanka over last few days. “The United States remains gravely concerned about persistent violations of the Ceasefire Agreement, particularly over the past few weeks,” said a statement issued on Monday, by […]

International and local charities have wasted aid money meant for tsunami relief and slowed reconstruction efforts in Sri Lanka, an independent think-tank said Thursday.International and local charities have wasted aid money meant for tsunami relief and slowed reconstruction efforts in Sri Lanka, an independent think-tank said Thursday. The Institute of Policy Studies (IPS) asked the […]

Sri Lanka’s outgoing army chief on Monday accused Tamil Tiger rebels of trying to provoke the military with a series of truce-breaking attacks that killed 12 people over the weekend. Sri Lanka’s outgoing army chief on Monday accused Tamil Tiger rebels of trying to provoke the military with a series of truce-breaking attacks that killed […]

Six soldiers were killed in a landmine blast in northern Sri Lanka Sunday, the military said amid an upsurge in violence that prompted Scandanavian truce monitors to warn of “irreparable” damage to the country’s four-year-old ceasefire.Six soldiers were killed in a landmine blast in northern Sri Lanka Sunday, the military said amid an upsurge in […]

Sri Lanka’s tsunami reconstruction costs have jumped by about 60 percent and the island is in danger of running short of funds, even if the US$ 3.2 billion pledged aid is fully utilised, economists from the Institute of Policy Studies said Thursday.Sri Lanka’s tsunami reconstruction costs have jumped by about 60 percent and the island […]

The US Embassy says 59 Sri Lankans were arrested this year so far, on attempted visa fraud. The US Embassy says 59 Sri Lankans were arrested this year so far, on attempted visa fraud. The US Embassy investigated 987 suspicious applications this year out of 13,000 immigrant and non-immigrant applications for US visa. “Some applicants […]

Sri Lanka’s inflation rate for November eased marginally to 12.1 percent, despite price hikes in cigarettes and alcohol, the Census & Statistics Board said Wednesday. Sri Lanka’s inflation rate for November eased marginally to 12.1 percent, despite price hikes in cigarettes and alcohol, the Census & Statistics Board said Wednesday. The government uses the 12-month […]

The visiting UN envoy for tsunami recovery, Bill Clinton, warned Sri Lanka that a return to civil war in the island could undo efforts to rebuild after last year’s devastating tsunami.The visiting UN envoy for tsunami recovery, Bill Clinton, warned Sri Lanka that a return to civil war in the island could undo efforts to […]

Sri Lanka’s inflation rate for November eased marginally to 12.1 percent, despite price hikes in cigarettes and alcohol, the Census & Statistics Board said Wednesday. Sri Lanka’s inflation rate for November eased marginally to 12.1 percent, despite price hikes in cigarettes and alcohol, the Census & Statistics Board said Wednesday. The government uses the 12-month […]

The United Nations special envoy for tsunami recovery, former US president Bill Clinton, arrived in Sri Lanka to inspect reconstruction efforts in the island nation, UN officials said. The United Nations special envoy for tsunami recovery, former US president Bill Clinton, arrived in Sri Lanka to inspect reconstruction efforts in the island nation, UN officials […]