Category: Economy
Tsunami survivors protest corrupt aid distribution
Hundreds of tsunami survivors in Sri Lanka took to the streets in southern Matara district to protest corrupt aid distribution, police said.Hundreds of tsunami survivors in Sri Lanka took to the streets in southern Matara district to protest corrupt aid distribution, police said. The demonstration came as the government admitted 70 percent of victims had […]
The East coast will take up to 40 percent of rebuilding spend, with the tsunami bill at a final US$ 1.5 bn
Sri Lanka’s top donors say the East coast will take up to 40 percent of the country spend on rebuilding, with the tsunami re-construction bill at a final US$ 1.5 bn. The Central Bank has estimated that the combined effect of the tsunami will shave off less than a percentage point of GDP this year. […]
Sri Lanka’s ruling Marxists demand probe on foreign tsunami volunteers
Sri Lanka’s main Marxist party, which is part of the government, demanded a probe Tuesday into foreigners involved in tsunami relief and accused Tiger rebels of importing war-machinery under the guise of aid.Sri Lanka’s main Marxist party, which is part of the government, demanded a probe Tuesday into foreigners involved in tsunami relief and accused […]
‘s ruling Marxists demand probe on foreign tsunami volunteers
Sri Lanka’s main Marxist party, which is part of the government, demanded a probe Tuesday into foreigners involved in tsunami relief and accused Tiger rebels of importing war-machinery under the guise of aid.Sri Lanka’s main Marxist party, which is part of the government, demanded a probe Tuesday into foreigners involved in tsunami relief and accused […]
Japan urges Sri Lanka to use tsunami to push for peace
Japan Tuesday urged Sri Lanka’s government and Tamil Tiger rebels to use the tsunami to unite and to push the Norwegian-backed peace process forward.Japan Tuesday urged Sri Lanka’s government and Tamil Tiger rebels to use the tsunami to unite and to push the Norwegian-backed peace process forward. Japan, the island’s largest foreign aid donor, said […]
Up and Away
Consumer prices in the twelve months ending January 2005, rose to 14.6 % from 13.8 % in December 2004, continuing last year’s rising price trend into the New Year. Consumer prices in the twelve months ending January 2005, rose to 14.6 % from 13.8 % in December 2004, continuing last year’s rising price trend into […]
Treasury Secretary says tsunami reconstruction over the medium term will be inflation neutral but humanitarian efforts will get priority
Treasury Secretary says tsunami reconstruction over the medium term will be inflation neutral but humanitarian efforts will get priority now even if it affects prices.Treasury Secretary says tsunami reconstruction over the medium term will be inflation neutral but humanitarian efforts will get priority now even if it affects prices. Dr. P B Jayasundera says labor […]
Power struggle over tsunami aid to Tiger territory: sources
A battle for control of tsunami relief aid has dimmed prospects of reviving Norwegian-backed peace talks between Tamil Tiger rebels and the Colombo government, sources close to the rebels said Sunday.A battle for control of tsunami relief aid has dimmed prospects of reviving Norwegian-backed peace talks between Tamil Tiger rebels and the Colombo government, sources […]
Millions of rupees in cash, and in the form of relief items, go missing on the way to the tsunami-struck east coast
Millions of rupees in cash, and in the form of relief items, have mysteriously disappeared on route to the tsunami-struck east, says the government.Millions of rupees in cash, and in the form of relief items, have mysteriously disappeared on route to the tsunami-struck east, says the government. David Muller, the United Nations coordinator working with […]
US retains small military presence, focus assistance on reconstruction and work relating to tourism industry
The United States military will retain a small unit to assist Sri Lanka’s long-term reconstruction and humanitarian work in the tsunami hit areas, a military official said Saturday.The United States military will retain a small unit to assist Sri Lanka’s long-term reconstruction and humanitarian work in the tsunami hit areas, a military official said Saturday. […]
Sri Lanka Tigers rule out peace talks stemming from tsunami aid effort
Sri Lanka’s Tamil Tiger rebels Friday ruled out tsunami aid talks leading to political negotiations and warned the government against using the catastrophe for scoring points or strengthening the military.Sri Lanka’s Tamil Tiger rebels Friday ruled out tsunami aid talks leading to political negotiations and warned the government against using the catastrophe for scoring points […]
Panic as Sri Lanka minister triggers fears of another tsunami
Thousands of people living on Sri Lanka’s tsunami-battered coasts fled inland after comments by a minister Thousands of people living on Sri Lanka’s tsunami-battered coasts fled inland after comments by a minister Police and officials said schools were hastily closed in the eastern city of Batticaloa, while people were seen running from the shores in […]
