Tag: business

At least eight sailors were killed in northern Sri Lanka Thursday when their bus was hit by a land mine explosion, military officials said. At least eight sailors were killed in northern Sri Lanka Thursday when their bus was hit by a land mine explosion, military officials said. Another eight sailors escaped with injuries in […]

European Commission (EC) pledges more aid for Sri Lanka, if peace prevails.European Commission (EC) pledges more aid for Sri Lanka, if peace prevails. A statement from the EC’s Commissioner for External Relations, Benita Ferrero-Waldner on Thursday, said the benefits of European aid and trade were dependent on peace. “Above and beyond the next Euro 50 […]

Tamil civilians backed by Tiger rebels stepped up demands for the withdrawal of troops from Sri Lanka’s embattled regions, the guerrillas said Wednesday, after the US warned them against returning to war.Tamil civilians backed by Tiger rebels stepped up demands for the withdrawal of troops from Sri Lanka’s embattled regions, the guerrillas said Wednesday, after […]

Sri Lanka’s president has made a fresh attempt to reach agreement among political parties before any talks with Tamil Tiger rebels to stem the latest wave of bloodshed, his office said Tuesday.Sri Lanka’s president has made a fresh attempt to reach agreement among political parties before any talks with Tamil Tiger rebels to stem the […]

The United States Tuesday warned Sri Lanka’s Tamil Tiger rebels that a return to war would cost them dearly.The United States Tuesday warned Sri Lanka’s Tamil Tiger rebels that a return to war would cost them dearly. US ambassador to Sri Lanka, Jeffrey Lunstead, told a meeting of businessmen here that Washington wanted the rebel […]

The United States Tuesday warned Sri Lanka’s Tamil Tiger rebels that a return to war would cost them dearly.The United States Tuesday warned Sri Lanka’s Tamil Tiger rebels that a return to war would cost them dearly. US ambassador to Sri Lanka, Jeffrey Lunstead, told a meeting of businessmen here that Washington wanted the rebel […]

Sri Lanka’s president Monday vowed tough measures to prevent “terror attacks” that undermine an already troubled ceasefire with Tamil Tiger rebels as officials reported three more deaths in the embattled east.Sri Lanka’s president Monday vowed tough measures to prevent “terror attacks” that undermine an already troubled ceasefire with Tamil Tiger rebels as officials reported three […]

Sri Lanka’s central bank governor Sunday denied news reports that he has been asked to make way for senior presidential advisor Nivard Cabraal. Sri Lanka’s central bank governor Sunday denied news reports that he has been asked to make way for senior presidential advisor Nivard Cabraal. The report claimed that Governor Sunil Mendis, who is […]

A suicide attack that sank a Sri Lankan navy gunboat has cast a new shadow over the island’s fading peace hopes but an immediate return to war is unlikely, analysts and diplomats said Sunday. A suicide attack that sank a Sri Lankan navy gunboat has cast a new shadow over the island’s fading peace hopes […]

Sri Lanka’s navy banned night fishing on Sunday near a northeastern port, while it searched for the bodies of 15 crewmen killed when their gunboat was destroyed in a suicide bombing by suspected Tiger rebels.Sri Lanka’s navy banned night fishing on Sunday near a northeastern port, while it searched for the bodies of 15 crewmen […]

Government’s investment promotion agency is gunning for fivefold growth in investment flows this year but it is not sure where the money is going to come from.Government’s investment promotion agency is gunning for fivefold growth in investment flows this year but it is not sure where the money is going to come from. Investment Promotions […]

Sri Lanka’s central bank governor Sunday denied news reports that he has been asked to make way for senior presidential advisor Nivard Cabraal. Sri Lanka’s central bank governor Sunday denied news reports that he has been asked to make way for senior presidential advisor Nivard Cabraal. The report claimed that Governor Sunil Mendis, who is […]