Category: Economy and Markets

Apr.07 (AFP) – A Tamil nationalist activist and two Muslim police guards were shot dead in Sri Lanka’s volatile eastern province on Friday, police said.Vanniasingham Vigneswaran, who spearheaded the Tamil Resurgence Movement in Trincomalee, was gunned down near the port town’s main bank in the morning. His movement had often clashed with the Sinhalese majority […]

Apr.07 (AFP) – Norway’s top Sri Lankan peace envoys said they were confident new talks set for this month would go ahead despite the killings Friday of a pro-Tamil Tiger activist and two police guards.Vanniasingham Vigneswaran, who spearheaded the Tamil Resurgence Movement, a known front organisation of the rebel Liberation Tigers of Tamil Eelam (LTTE), […]

Apr.06 (LBO) — Sri Lanka’s economy is expected to expand by 5.3 percent in 2006, but much of it hinges on peace, and cut backs on public debt, inflation and fiscal deficits, the Asian Development Bank said Thursday. The tsunami-hit island is still plagued with sharp escalation in rebuilding costs, while president Mahinda Rajapakse’s welfare […]

Apr.06 (AFP) – Norway’s top peace envoys met Sri Lanka’s president Thursday, diplomats said, amid doubts about whether the next round of talks on salvaging the island’s ceasefire will go ahead. Oslo’s International Development Minister Erik Solheim and new peace envoy Jon Hanssen-Bauer had closed-door talks with President Mahinda Rajapakse to arrange the truce negotiations […]

Apr.06 (AFP) – Sri Lanka gave security guarantees to Tiger rebels travelling to Switzerland for talks on saving their faltering ceasefire, a Norwegian minister said here Thursday after talks with the president.Norway’s International Development Minister Erik Solheim said President Mahinda Rajapakse agreed to Tamil Tiger demands for safe passage to Switzerland amid doubts if talks […]

Apr.06 (LBO) — Sri Lanka’s economy is expected to expand by 5.3 percent in 2006, but much of it hinges on peace, and cut backs on public debt, inflation and fiscal deficits, the Asian Development Bank said Thursday. The tsunami-hit island is still plagued with sharp escalation in rebuilding costs, while president Mahinda Rajapakse’s welfare […]

Apr.05 (AFP) – Norway’s new peace envoy opened talks with Tamil Tiger rebels Wednesday as the Sri Lankan government’s key electoral partner renewed calls for removing Oslo from the negotiations.Jon Hanssen-Bauer, Oslo’s newly appointed emissary, travelled to the rebel-held northern town of Kilinochchi on Wednesday for discussions with the Liberation Tigers of Tamil Eelam (LTTE), […]

Apr.05 (AFP) – Norway’s new peace envoy opened talks with Tamil Tiger rebels Wednesday as the Sri Lankan government’s key electoral partner renewed calls for removing Oslo from the negotiations.Jon Hanssen-Bauer, Oslo’s newly appointed emissary, travelled to the rebel-held northern town of Kilinochchi on Wednesday for discussions with the Liberation Tigers of Tamil Eelam (LTTE), […]

Apr.05 (AFP) – Tamil Tiger rebels Wednesday asked Norway’s new peace envoy to make sure Sri Lanka’s government disarms para-military groups ahead of a new round of truce negotiations in Switzerland. The Liberation Tigers of Tamil Eelam (LTTE) said they told Jon Hanssen-Bauer to ensure Colombo delivers on a pledge made in a previous round […]

Apr.04 (AFP) – Hopes for peace in Sri Lanka have been strengthened by the ruling party’s landslide victory in local polls, the government’s top peace negotiator said Tuesday.Nimal Siripala de Silva said he told Norway’s new peace envoy, Jon Hanssen-Bauer, that last week’s victory had strengthened President Mahinda Rajapakse. His political allies, who resist the […]

Apr.03 (AFP) – Norway’s new peace envoy to Sri Lanka began work Monday, discussing how to shore up a fragile ceasefire ahead of meetings with Tamil rebels and the government. -Amal Jayasinghe: win98win@ Jon Hanssen-Bauer, on his first visit to the island, went straight into meetings with experts from think-tanks and development organisations after his […]