Tag: lankabusinessonline
Tigers are top suspects in Sri Lanka bomb attacks: police sources
Jan 25 (AFP) – Sri Lanka’s Tamil Tiger rebels are key suspects in a string of bomb attacks in the capital, police sources said, as a Norwegian envoy arrived in guerrilla-held territory for talks on saving a failing peace drive.Jan 25 (AFP) – Sri Lanka’s Tamil Tiger rebels are key suspects in a string of […]
Tigers end Sri Lanka peace deadlock, talks in Geneva
KILINOCHCHI, Jan 25 (AFP) – Tamil Tiger rebels Wednesday agreed to hold talks with the Sri Lankan government in Geneva in mid-February, a top Norwegian peace broker said here after hectic closed-door negotiations.KILINOCHCHI, Jan 25 (AFP) – Tamil Tiger rebels Wednesday agreed to hold talks with the Sri Lankan government in Geneva in mid-February, a […]
Sri Lanka first to field test satellite radio for specialises disaster warning, response and recovery system
Jan. 23 (LBO) – Over a year after the 2004 December tsunami, residents of 32 affected coastal villages will test a satellite based disaster warning system, prior to coast wide implementation.Jan. 23 (LBO) – Over a year after the 2004 December tsunami, residents of 32 affected coastal villages will test a satellite based disaster warning […]
Sri Lanka on ‘neutral’ ground after latest round of WTO talks
Jan 24 (LBO) – The latest round of World Trade Organisation (WTO) talks in Hong Kong, has “neutral” impact on Sri Lanka, say trade experts.Jan 24 (LBO) – The latest round of World Trade Organisation (WTO) talks in Hong Kong, has “neutral” impact on Sri Lanka, say trade experts. The outcome of the sixth WTO […]
Sri Lanka asks Norway to arrange early talks
Jan. 24 (AFP) – Sri Lanka’s president on Tuesday asked peace broker Norway to arrange early talks with Tamil Tiger rebels and help stem the latest wave of violence that has killed at least 151 people, officials said.Jan. 24 (AFP) – Sri Lanka’s president on Tuesday asked peace broker Norway to arrange early talks with […]
Five blasts rock Sri Lanka capital, no-one hurt
Jan. 24 (AFP) – Five simultaneous blasts rocked the jittery Sri Lankan capital Colombo Tuesday but caused no casualties, police said.Jan. 24 (AFP) – Five simultaneous blasts rocked the jittery Sri Lankan capital Colombo Tuesday but caused no casualties, police said. The blasts caused panic in the capital and suburbs, with police and security forces […]
Payback
Jan. 24 (LBO) – Lanka IOC, a unit of Indian Oil Corp., picked up a Rs. 500 million cheque from the Sri Lankan government as partial payment towards its seven billion rupees subsidy claim, a top official said.Jan. 24 (LBO) – Lanka IOC, a unit of Indian Oil Corp., picked up a Rs. 500 million […]
Disarm paramilitary groups operating in the northeast says US
Jan. 23 (LBO) – The United States Monday asked the government to disarm paramilitary groups operating in the northeast as an escalation of violence left three soldiers dead.Jan. 23 (LBO) – The United States Monday asked the government to disarm paramilitary groups operating in the northeast as an escalation of violence left three soldiers dead. […]
LIOC Woes
The Treasury Secretary disputed subsidy claim by Lanka IOC (LIOC), fuel retailer, which is owed over Rs.7 billion despite a bullish report on the company earlier in the week by a stock analyst. The Treasury Secretary disputed subsidy claim by Lanka IOC (LIOC), fuel retailer, which is owed over Rs. 7 billion despite a bullish […]
Sri Lanka offers compromise as Norway moves to save peace bid
Jan 22. (AFP) – Sri Lanka on Sunday offered a compromise to end a deadlock in peace moves with Tamil rebels when a Norwegian envoy visits this week, following violence that has claimed 140 lives in two months.The government said it was ready to make concessions on a venue for talks when Norway’s International Development […]
India shares tips to combat inflation
A top Indian economist said the Indian experience in dealing with inflation is a model for Sri Lanka.A top Indian economist said the Indian experience in dealing with inflation is a model for Sri Lanka. He says there are many similarities between Sri Lanka’s current macro indicators and those of India in the mid-nineties. Since […]
Water Boost
Jan 21 (LBO) – Sri Lanka’s power utility is heading into the dry season with its reservoirs full, translating into savings on expensive thermal bills and no power shortages on the cards. Last week, Victoria, the country’s largest reservoir, spilled for the first time in over five years, and water levels are topping 80 percent […]