Tag: business
A Matara health official says at least 170 people are feared dead. Adds to over 300 in Kinniyai and Muthur
A Matara health official says at least 170 people are feared dead in the tidal wave that hit Sri Lanka’s eastern and southern coastal belt.A Matara health official says at least 170 people are feared dead in the tidal wave that hit Sri Lanka’s eastern and southern coastal belt. This adds to the over 300 […]
Tidal wave death toll at 300 and rising
The Trincomale District Secretary told a local radio station that over 300 dead bodies had been recovered so far. The Trincomale District Secretary told a local radio station that over 300 dead bodies had been recovered so far. A estimated 136 bodies have been recovered in the Eastern coastal town of Kenniyai and over 200 […]
Police tell residents to stay clear of low lying areas, while water levels in Galle are on the rise again
Police warned residents around the Kelani river to stay clear of low lying areas as sea water continues to flow inland after a massive tidal waves flooded eastern and southern Sri Lanka. Police warned residents around the Kelani river to stay clear of low lying areas as sea water continues to flow inland after a […]
Regional police stations are slapping on overnight curfews to stop sightseers and looters
Regional police stations are slapping on overnight curfews, to stop sightseers from crowding disaster areas and worse yet, to prevent a wave of looting in the tidal wave ravaged areas in Sri Lanka.Regional police stations are slapping on overnight curfews, to stop sightseers from crowding disaster areas and worse yet, to prevent a wave of […]
Sri Lanka says peace closer despite Tigers’ spurning of new offer
President Chandrika Kumaratunga Saturday voiced confidence that peace was closer than ever in Sri Lanka even though Tamil Tiger rebels rejected her latest offer to revive stalled negotiations.President Chandrika Kumaratunga Saturday voiced confidence that peace was closer than ever in Sri Lanka even though Tamil Tiger rebels rejected her latest offer to revive stalled negotiations. […]
‘ spurning of new offer
President Chandrika Kumaratunga Saturday voiced confidence that peace was closer than ever in Sri Lanka even though Tamil Tiger rebels rejected her latest offer to revive stalled negotiations.President Chandrika Kumaratunga Saturday voiced confidence that peace was closer than ever in Sri Lanka even though Tamil Tiger rebels rejected her latest offer to revive stalled negotiations. […]
Malnutrition spreads faster in Tiger territory: UN agency
The United Nations World Food Program Tuesday said that malnutrition was spreading at an alarming rate in Sri Lanka’s Tamil rebel-held regions with nearly one in five children suffering stunted growth.The United Nations World Food Program Tuesday said that malnutrition was spreading at an alarming rate in Sri Lanka’s Tamil rebel-held regions with nearly one […]
Sri Lanka in new bid to restart peace talks
Sri Lanka has made a new proposal to revive peace talks with Tamil Tiger rebels amid intense pressure from foreign aid donors, officials and a press report said Tuesday.Sri Lanka has made a new proposal to revive peace talks with Tamil Tiger rebels amid intense pressure from foreign aid donors, officials and a press report […]
Sri Lanka and Pakistan to tie the FTA knot by end December?
The free trade agreement with Pakistan is likely to be finalised by end of December, said the Treasury Secretary on Monday.The free trade agreement with Pakistan is likely to be finalised by end of December, said the Treasury Secretary on Monday. “Hopefully over the next two weeks we can finalise the FTA with Pakistan,” said […]
Foreign donors put Sri Lanka on notice amid war fears
International donors are warning the Sri Lankan government that it risks returning to war if it does not overcome opposition from coalition allies and resume peace talks with Tamil Tiger rebels, analysts and diplomats said.International donors are warning the Sri Lankan government that it risks returning to war if it does not overcome opposition from […]
World Bank warns that Sri Lanka’s short election cycles and populist policies may turn the island into a banana republic
A multilateral lender has warned that Sri Lanka’s increasingly short election cycles and populist policies are threatening to turn the island into an unstable Latin American-style republic. A multilateral lender has warned that Sri Lanka’s increasingly short election cycles and populist policies are threatening to turn the island into an unstable Latin American-style republic. “The […]
Central Bank forecasts 6% GDP next year
Sri Lanka’s economy could grow 6.0% in 2005 on a continued cease-fire between government troops and rebel forces, an easing of a drought that hurt agriculture this year and lower crude oil prices, said the central bank’s governor, Sunil Mendis.Sri Lanka’s economy could grow 6.0% in 2005 on a continued cease-fire between government troops and […]