Tag: business

COLOMBO, Jan 7 (AFP) – A powerful offshore explosion was heard in Sri Lanka’s northeastern port district of Trincomalee early Saturday, shortly after two naval patrol craft put out to sea, police said.COLOMBO, Jan 7 (AFP) – A powerful offshore explosion was heard in Sri Lanka’s northeastern port district of Trincomalee early Saturday, shortly after […]

Suspected Tamil Tiger rebels blew up a Sri Lankan navy gunboat with 15 sailors in a suicide attack that inflicted the biggest single loss during a four-year-old truce, the defence ministry said.Suspected Tamil Tiger rebels blew up a Sri Lankan navy gunboat with 15 sailors in a suicide attack that inflicted the biggest single loss […]

WASHINGTON, Jan 6 (AFP) – US Secretary of State Condoleezza Rice has voiced concern over a flare-up of violence in Sri Lanka, and hopes Colombo and Tamil Tiger rebels will resume talks to reinforce their fragile truce, the State Department said.WASHINGTON, Jan 6 (AFP) – US Secretary of State Condoleezza Rice has voiced concern over […]

Suspected Tamil rebels blew up a naval gunboat Saturday killing 15 Sri Lankan sailors in a suicide attack that caused the biggest military loss of life since a truce began four years ago, the defence ministry said.Suspected Tamil rebels blew up a naval gunboat Saturday killing 15 Sri Lankan sailors in a suicide attack that […]

The Ceylon Chamber of Commerce, Economic Summit to assess peace process and national economic policy.The Ceylon Chamber of Commerce, Economic Summit to assess peace process and national economic policy. The Sri Lanka Economic Summit 2006 on ‘Economic Growth: Towards National Prosperity’ will be held on January 27 and 28, 2006, at the Cinnamon Grand Hotel. […]

Green channel, quick clearance at Sri Lanka Customs, for select importers, within the month of January. Green channel, quick clearance at Sri Lanka Customs, for select importers, within the month of January. Customs says it will allow electronic cargo clearance for selected importers under its Gold Card scheme. “Electronic clearance of imports was not possible […]

Sri Lanka’s main Tamil political party Tuesday demanded an independent probe and action against the military for gunning down five Tamil students in the restive northeastern port town of Trincomalee.Sri Lanka’s main Tamil political party Tuesday demanded an independent probe and action against the military for gunning down five Tamil students in the restive northeastern […]

COLOMBO, Jan 2 (AFP) – A powerful bomb exploded in Sri Lanka’s restive northeastern town of Trincomalee Monday, killing five people and wounding two, police said. COLOMBO, Jan 2 (AFP) – A powerful bomb exploded in Sri Lanka’s restive northeastern town of Trincomalee Monday, killing five people and wounding two, police said. The victims were […]

Sri Lanka could slide back into civil war early in the New Year unless the government and Tamil Tiger rebels agree to meet face-to-face and save their fragile truce, according to analysts and mediators.Sri Lanka could slide back into civil war early in the New Year unless the government and Tamil Tiger rebels agree to […]

Sri Lanka could slide back into civil war early in the New Year unless the government and Tamil Tiger rebels agree to meet face-to-face and save their fragile truce, according to analysts and mediators.Sri Lanka could slide back into civil war early in the New Year unless the government and Tamil Tiger rebels agree to […]

Sri Lanka’s Central Bank on Friday opted to go with a 5.5 percent GDP growth projection for 2005, from the earlier forecasted 5 percent to 5.5 percent range. Sri Lanka’s Central Bank on Friday opted to go with a 5.5 percent GDP growth projection for 2005, from the earlier forecasted 5 percent to 5.5 percent […]

India to finance the Colombo-Matara rail network and a coal power plant in Trincomalee.India to finance the Colombo-Matara rail network and a coal power plant in Trincomalee. “It was noted that India has made an initial allocation of a Credit Line of US$ 100 million for the integrated development of the Colombo – Matara rail […]