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US gives US$ 20,000 to restore Matara monuments
The United States will spend US$ 20,000 to restore historical sites in Galle and Matara, including the Dutch Fort that took a beating from last December’s tidal waves.The United States will spend US$ 20,000 to restore historical sites in Galle and Matara, including the Dutch Fort that took a beating from last December’s tidal waves. […]
Killing sparks fresh fears for Sri Lanka truce amid appeal for calm
Sri Lankan troops shot dead a suspected Tamil rebel Thursday, officials said, heightening tensions hours after the president appealed for calm amid fears of a faltering ceasefire.Sri Lankan troops shot dead a suspected Tamil rebel Thursday, officials said, heightening tensions hours after the president appealed for calm amid fears of a faltering ceasefire. Navy sailors […]
President appeals for calm as Sri Lanka violence escalates
Sri Lanka’s president has appealed for calm in the restive northeast where bomb attacks have left four dead and more than a dozen wounded since the weekend, and vowed to take tough action against the perpetrators Sri Lanka’s president has appealed for calm in the restive northeast where bomb attacks have left four dead and […]
Finance Minister says only unspecified funds will go into P-TOMS
Finance Minister Sarath Amunugama says only “non-specified” project funding will go through the post-tsunami aid sharing deal signed with the LTTE.Finance Minister Sarath Amunugama says only “non-specified” project funding will go through the post-tsunami aid sharing deal signed with the LTTE. The minister says as per a memorandum signed in June 13, 2005 only unspecified […]
Tigers quit Sri Lanka town, bomb hurled at tsunami relief centre
A bomb exploded at a tsunami relief centre in volatile northeast Sri Lanka, wounding nine civilians while 12 soldiers were wounded in separate grenade attacks, officials said.A bomb exploded at a tsunami relief centre in volatile northeast Sri Lanka, wounding nine civilians while 12 soldiers were wounded in separate grenade attacks, officials said. The pre-dawn […]
Sri Lanka’s Central Bank leaves its interest rates steady
Sri Lanka’s Central Bank left its key interest at current levels after hiking it for two consecutive months, as it looks for signs that inflation may ease up. Sri Lanka’s Central Bank left its key interest at current levels after hiking it for two consecutive months, as it looks for signs that inflation may ease […]
‘s Central Bank leaves its interest rates steady
Sri Lanka’s Central Bank left its key interest at current levels after hiking it for two consecutive months, as it looks for signs that inflation may ease up. Sri Lanka’s Central Bank left its key interest at current levels after hiking it for two consecutive months, as it looks for signs that inflation may ease […]
Fresh Draft
The Asian Development Bank (ADB) has said it will review the Southern highway project by end this year, to tackle environmental and re-settlement complaints.The Asian Development Bank (ADB) has said it will review the Southern highway project by end this year, to tackle environmental and re-settlement complaints. In a statement issued on Wednesday, the Manila […]
Reserve Power
The Asian Development Bank (ADB) has agreed to extend a deadline on its US$ 30 mn loan to the power sector by six months, even as unions relent on a new reform plan.The Asian Development Bank (ADB) has agreed to extend a deadline on its US$ 30 mn loan to the power sector by six […]
Bomb hurled at tsunami relief centre in Sri Lanka, 10 wounded
A bomb was thrown at a tsunami relief centre in a volatile northeastern town in Sri Lanka early Wednesday, injuring at least nine civilians and a soldier, police said, blaming the attack on Tamil Tiger rebels. A bomb was thrown at a tsunami relief centre in a volatile northeastern town in Sri Lanka early Wednesday, […]
Sri Lanka’s Central Bank rejects high bond auction bids
Sri Lanka’s Central Bank rejected bids for eight-year bonds on Tuesday, as the market put in high yields on speculations that interest rates would rise. Sri Lanka’s Central Bank rejected bids for eight-year bonds on Tuesday, as the market put in high yields on speculations that interest rates would rise. Monetary Board member Deva Rodrigo […]
‘s Central Bank rejects high bond auction bids
Sri Lanka’s Central Bank rejected bids for eight-year bonds on Tuesday, as the market put in high yields on speculations that interest rates would rise. Sri Lanka’s Central Bank rejected bids for eight-year bonds on Tuesday, as the market put in high yields on speculations that interest rates would rise. Monetary Board member Deva Rodrigo […]