Tag: business
‘s balance of payments a boost
The flood of aid, private remittances and debt relief since Dec. 26 tsunami disaster, has hoisted Sri Lanka’s balance of payments into the black for the first six months of this year, the Central Bank said Monday. The flood of aid, private remittances and debt relief since Dec. 26 tsunami disaster, has hoisted Sri Lanka’s […]
VAT’s the Fuss?
Sri Lanka’s cash strapped Treasury will forego Rs. 7 billion in revenue as the government scraps the value added tax component on diesel with immediate effect, officials said.Sri Lanka’s cash strapped Treasury will forego Rs. 7 billion in revenue as the government scraps the value added tax component on diesel with immediate effect, officials said. […]
‘s the Fuss?
Sri Lanka’s cash strapped Treasury will forego Rs. 7 billion in revenue as the government scraps the value added tax component on diesel with immediate effect, officials said.Sri Lanka’s cash strapped Treasury will forego Rs. 7 billion in revenue as the government scraps the value added tax component on diesel with immediate effect, officials said. […]
Tiger rebels warn of truce collapse, Sri Lanka says no return to war
Lanka’s Tiger rebels have warned that a truce brokered by Norway was at “grave risk” of collapsing even as the Colombo government said it had no intention of returning to war.Lanka’s Tiger rebels have warned that a truce brokered by Norway was at “grave risk” of collapsing even as the Colombo government said it had […]
Sri Lanka steps up probe into deaths of Tamil rebels
Sri Lanka has stepped up a probe into charges that security forces were involved in the killing of four Tamil rebels earlier this month in a bid to ease tension in the volatile northeast.Sri Lanka has stepped up a probe into charges that security forces were involved in the killing of four Tamil rebels earlier […]
Co-chairs of peace pull Sri Lanka up for soaring violence
Co-chairs of Sri Lanka’s peace process have rapped the government and Tamil Tiger rebels for escalating violence, warning that it could erode international support.Co-chairs of Sri Lanka’s peace process have rapped the government and Tamil Tiger rebels for escalating violence, warning that it could erode international support. The European Union, Japan, Norway and the United […]
Tigers seek direct foreign aid after Sri Lanka court blocks aid deal
Tiger rebels today asked the international donor community to fund them directly to help tsunami survivors after the Supreme Court effectively blocked a land-mark aid sharing deal.Tiger rebels today asked the international donor community to fund them directly to help tsunami survivors after the Supreme Court effectively blocked a land-mark aid sharing deal. The rebel […]
Refreshing the list of ministers
In a very quiet ceremony on Monday morning five cabinet ministers, a non cabinet minister and six deputy ministers took oaths before President Chandrika Kumaratunga.In a very quiet ceremony on Monday morning five cabinet ministers, a non cabinet minister and six deputy ministers took oaths before President Chandrika Kumaratunga. The new appointments filled in ministerial […]
Court aid ruling dims Sri Lanka hopes of early peace talks
The Supreme Court scuppering of a landmark deal to share aid among Sri Lanka’s warring parties was seen by diplomats and analysts as a major setback to the already faltering peace process. The Supreme Court scuppering of a landmark deal to share aid among Sri Lanka’s warring parties was seen by diplomats and analysts as […]
Norway has no immediate plans to push new talks on Sri Lanka aid deal
Peace broker Norway denied a report it was planning to send envoys to Sri Lanka after a Supreme Court ruling effectively scuttled a deal to share billions of dollars in international tsunami aid with Tamil rebels. Peace broker Norway denied a report it was planning to send envoys to Sri Lanka after a Supreme Court […]
Sri Lanka court blocks tsunami deal, tension mounts in northeast
Sri Lanka’s Supreme Court Friday blocked a controversial deal with Tiger rebels to share billions of dollars in tsunami aid as a fragile truce came under intense pressure and more killings were reported in the island’s restive east.Sri Lanka’s Supreme Court Friday blocked a controversial deal with Tiger rebels to share billions of dollars in […]
Supreme Court ruling to affect aid flows, exchange rate
Sri Lanka’s Supreme Court blocking the joint mechanism on tsunami relief distribution could slow foreign aid inflows and hurt the reconstruction effort, according to diplomats close to the peace process. Sri Lanka’s Supreme Court blocking the joint mechanism on tsunami relief distribution could slow foreign aid inflows and hurt the reconstruction effort, according to diplomats […]