Tag: lankabusinessonline
Finance Minister says only unspecified funds will go into P-TOMS
Finance Minister Sarath Amunugama says only “non-specified” project funding will go through the post-tsunami aid sharing deal signed with the LTTE.Finance Minister Sarath Amunugama says only “non-specified” project funding will go through the post-tsunami aid sharing deal signed with the LTTE. The minister says as per a memorandum signed in June 13, 2005 only unspecified […]
Reserve Power
The Asian Development Bank (ADB) has agreed to extend a deadline on its US$ 30 mn loan to the power sector by six months, even as unions relent on a new reform plan.The Asian Development Bank (ADB) has agreed to extend a deadline on its US$ 30 mn loan to the power sector by six […]
Bomb hurled at tsunami relief centre in Sri Lanka, 10 wounded
A bomb was thrown at a tsunami relief centre in a volatile northeastern town in Sri Lanka early Wednesday, injuring at least nine civilians and a soldier, police said, blaming the attack on Tamil Tiger rebels. A bomb was thrown at a tsunami relief centre in a volatile northeastern town in Sri Lanka early Wednesday, […]
Eight hurt as strike cripples Sri Lanka district amid Tiger war warning
At least eight policemen and a soldier were wounded in suspected Tamil rebel attacks in strike-bound northeastern Sri Lanka, a day after the guerrillas warned of a return to war. At least eight policemen and a soldier were wounded in suspected Tamil rebel attacks in strike-bound northeastern Sri Lanka, a day after the guerrillas warned […]
Following a string of assassinations, the United States is urging the government and the Tamil Tigers to rebuild trust and renew peace talks.
Following a string of assassinations, the United States is urging the government and the Tamil Tigers to rebuild trust and renew peace talks.Following a string of assassinations, the United States is urging the government and the Tamil Tigers to rebuild trust and renew peace talks. A new tax on construction projects with retrospective effect from […]
Sri Lanka Tigers mourn slain cadres amid tight security
Tamil Tiger rebels were observing a day of mourning in northeastern Sri Lanka, a day after two of their senior members and two others were killed in a grenade attack, residents said. Tamil Tiger rebels were observing a day of mourning in northeastern Sri Lanka, a day after two of their senior members and two […]
Four killed in attack on Tamil Tiger office in Sri Lanka
Unidentified attackers hurled grenades at an office belonging to Tamil Tiger rebels in northeast Sri Lanka, killing at least four people, a military official said. Unidentified attackers hurled grenades at an office belonging to Tamil Tiger rebels in northeast Sri Lanka, killing at least four people, a military official said. The attackers targeted the office […]
Four men killed in Colombo
Police found the bullet riddled bodies of four men dumped inside a four-wheel drive vehicle parked near Colombo’s main conference centre, officials said.Police found the bullet riddled bodies of four men dumped inside a four-wheel drive vehicle parked near Colombo’s main conference centre, officials said. The motive for the mass killing was not immediately clear, […]
US supports P-TOMS, but wont put money in P-TOMS trust fund
The US says it will not put money for tsunami reconstruction into the P-TOMS (Post Tsunami Operational Management Structure) trust fund due to “legal restrictions.” The US says it will not put money for tsunami reconstruction into the P-TOMS (Post Tsunami Operational Management Structure) trust fund due to “legal restrictions.” A statement from the US […]
Sri Lanka will not be forced to hold snap polls: minister
Sri Lanka’s shaky minority government said Friday it expected to survive a crucial budget vote later this year and would not be forced to hold snap elections, despite losing the support of its main Marxist ally.Sri Lanka’s shaky minority government said Friday it expected to survive a crucial budget vote later this year and would […]
Quick Jab
Sri Lanka has secured US$ 500 million soft loan from China to finance a coal power plant and highway projects, officials said Friday. Sri Lanka has secured US$ 500 million soft loan from China to finance a coal power plant and highway projects, officials said Friday. The long talked of 300 mega watt coal plant […]
Sri Lanka Tigers honour 241 suicide bombers
Sri Lanka’s Tamil Tigers Tuesday marked the 18th anniversary of their first suicide attack with a military parade and religious services to honour 241 who perished in similar attacks, the rebels said.Sri Lanka’s Tamil Tigers Tuesday marked the 18th anniversary of their first suicide attack with a military parade and religious services to honour 241 […]
