Category: Economy

Sri Lanka accused Tamil Tiger rebels of provoking government security forces and said the military was ready to take action to “protect peace,” a state-run daily reported Friday. Sri Lanka accused Tamil Tiger rebels of provoking government security forces and said the military was ready to take action to “protect peace,” a state-run daily reported […]

A main Marxist party in Sri Lanka’s ruling coalition Wednesday issued a fresh warning to the government not to go ahead with a Norwegian-brokered deal with Tamil Tiger rebels to handle tsunami aid. The Marxist JVP, or People’s Liberation Front, which holds the balance of power in the 225-member parliament, said they opposed a “joint […]

South Asia still lags behind on some Millennium Development Goals (MDG), with more work needed in bridging income gaps, access to education and bringing down trade barriers.South Asia still lags behind on some Millennium Development Goals (MDG), with more work needed in bridging income gaps, access to education and bringing down trade barriers. But though […]

Norwegian peace envoy Erik Solheim opened talks with officials here Monday amid growing concern for the stability of a ceasefire between Sri Lankan troops and Tiger rebels, officials said.Norwegian peace envoy Erik Solheim opened talks with officials here Monday amid growing concern for the stability of a ceasefire between Sri Lankan troops and Tiger rebels, […]

Though there are doubts about how soon the US$ 2 billion aid pledge can be drawn down, the government is already getting the benefits of the debt moratorium.Though there are doubts about how soon the US$ 2 billion aid pledge can be drawn down, the government is already getting the benefits of the debt moratorium. […]

Norwegian special envoy Erik Solheim arrived here Sunday for a fresh attempt to revive Sri Lanka’s deadlocked peace talks with Tamil Tiger rebels, an official said, as violence escalated in the island’s troubled east. Norwegian special envoy Erik Solheim arrived here Sunday for a fresh attempt to revive Sri Lanka’s deadlocked peace talks with Tamil […]

Suspected Tamil Tiger rebels shot dead a senior government official in eastern Sri Lanka Friday ahead of a visit to the region by a Norwegian peace envoy, the defence ministry said.Suspected Tamil Tiger rebels shot dead a senior government official in eastern Sri Lanka Friday ahead of a visit to the region by a Norwegian […]

Sri Lanka’s peacebroker Norway announced Friday a fresh bid to salvage the island’s faltering efforts to end ethnic bloodshed amid escalating violence in the island’s embattled eastern province.Sri Lanka’s peacebroker Norway announced Friday a fresh bid to salvage the island’s faltering efforts to end ethnic bloodshed amid escalating violence in the island’s embattled eastern province. […]

A senior US official is due in Sri Lanka next week to assess tsunami clean up operations and give tools to local tradespeople affected by the unprecedented natural disaster, the US embassy said Friday. A senior US official is due in Sri Lanka next week to assess tsunami clean up operations and give tools to […]

A Sri Lankan soldier enraged over not being given home leave for the traditional New Year shot dead his superior officer and two colleagues Saturday, officials said. A Sri Lankan soldier enraged over not being given home leave for the traditional New Year shot dead his superior officer and two colleagues Saturday, officials said. The […]

The International Monetary Fund has trimmed Sri Lanka’s 2005 growth by 0.75 percent, and warned that there was little political will to tackle painful reforms. The International Monetary Fund has trimmed Sri Lanka’s 2005 growth by 0.75 percent, and warned that there was little political will to tackle painful reforms. In its semi-annual World Economic […]

The International Monetary Fund has trimmed Sri Lanka’s 2005 growth by 0.75 percent, and warned that there was little political will to tackle painful reforms. The International Monetary Fund has trimmed Sri Lanka’s 2005 growth by 0.75 percent, and warned that there was little political will to tackle painful reforms. In its semi-annual World Economic […]