Tag: business

A Supreme Court ruling Friday ended the President’s term a year earlier than she expected, but it may not be the end of her career or the demise of the political dynasty.A Supreme Court ruling Friday ended the President’s term a year earlier than she expected, but it may not be the end of her […]

Sri Lankan President Chandrika Kumaratunga who steps down in December came to power promising to scrap the very office which she fought to cling to after 11 turbulent years dominated by a tortuous peace process with Tamil Tiger rebels.Sri Lankan President Chandrika Kumaratunga who steps down in December came to power promising to scrap the […]

The government of Sri Lanka said on Thursday, that it is talking to world leaders about the need for further international pressure on the LTTE, to stop more violence.The government of Sri Lanka said on Thursday, that it is talking to world leaders about the need for further international pressure on the LTTE, to stop […]

A month long shut down of the petroleum refinery and the country’s never ending thirst for fuel, nearly tripled Sri Lanka’s oil import bill in June, the island’s Central Bank said Thursday.A month long shut down of the petroleum refinery and the country’s never ending thirst for fuel, nearly tripled Sri Lanka’s oil import bill […]

Minister Anura Bandaranaike took over as Sri Lanka’s new Minister of Foreign Affairs on Monday, replacing assassinated predecessor Lakshman Kadirgamar. Minister Anura Bandaranaike took over as Sri Lanka’s new Minister of Foreign Affairs on Monday, replacing assassinated predecessor Lakshman Kadirgamar. Bandaranaike, who is also President Chandrika Kumaratunga’s brother, took oaths on Monday evening.He will continue […]

Sri Lanka’s government is keen to have early talks to salvage a truce with Tamil Tiger rebels after both sides agreed to a review of the ceasefire, peacebroker Norway said Saturday.Sri Lanka’s government is keen to have early talks to salvage a truce with Tamil Tiger rebels after both sides agreed to a review of […]

Sri Lanka’s Tamil Tiger rebels have agreed to meet with the government and review their truce which was threatened following the assassination of the foreign minister, the BBC reported. Sri Lanka’s Tamil Tiger rebels have agreed to meet with the government and review their truce which was threatened following the assassination of the foreign minister, […]

Sri Lanka’s Tamil Tiger rebels Friday agreed to lift a 30-month deadlock in the Norwegian-brokered peace bid and open face-to-face talks with the Colombo government to salvage their troubled truce.Sri Lanka’s Tamil Tiger rebels Friday agreed to lift a 30-month deadlock in the Norwegian-brokered peace bid and open face-to-face talks with the Colombo government to […]

The government of Sri Lanka wants to review enforcement aspects of the island’s cease fire agreement with Tamil insurgents. The government of Sri Lanka wants to review enforcement aspects of the island’s cease fire agreement with Tamil insurgents. Cabinet spokesman Nimal Siripala de Silva said on Thursday that President Chandrika Bandaranaike Kumaratunga had asked for […]

Sri Lanka’s president called for a month’s extension of a state of emergency to give police and troops greater powers to hunt down the assassins of the country’s foreign minister.Sri Lanka’s president called for a month’s extension of a state of emergency to give police and troops greater powers to hunt down the assassins of […]

Sri Lanka has asked peacebroker Norway to get Tamil rebels to accept new measures to safeguard a ceasefire threatened by the killing of the island’s foreign minister, an official source said Wednesday. Sri Lanka has asked peacebroker Norway to get Tamil rebels to accept new measures to safeguard a ceasefire threatened by the killing of […]

Sri Lanka Monday said it will undertake a “serious review” of the Norwegian-backed peace process following the assassination of foreign minister Lakshman Kadirgamar by suspected Tamil Tiger rebels.Sri Lanka Monday said it will undertake a “serious review” of the Norwegian-backed peace process following the assassination of foreign minister Lakshman Kadirgamar by suspected Tamil Tiger rebels. […]