Tag: lbo
Sri Lanka opposition strife could trigger snap general poll; Analysis
Nov 21 (LBO) – President Mahinda Rajapakse spent the first year in office trying to cobble together a stable coalition but squabbling in the opposition ranks has given him a new opening to call a snap election.The president told his close associates early last month that he did not want to call a snap election […]
‘ fear that deemed dividend tax may hurt capital of Sri Lankan banks
Nov 21 (LBO) – A controversial tax to force Sri Lankan companies to pay dividends would undermine the health of the commercial banks by depleting their capital, a top banker has warned. The government is keen to push dividends in order to charge the dividend tax. But private sector officials point out that choice of […]
‘ parley for feeding a credit bubble, inflation
November 21 (LBO) – Sri Lanka’s loose monetary policy came under fire at a gathering of top economists and business leaders in the country, with panelists slamming the Central Bank for pushing inflation up, creating a credit bubble and putting Sri Lanka’s balance of payments under pressure. Upside Down Though the economy was growing at […]
Tigers scoff Sri Lanka aid offer as political gimmick
COLOMBO, Nov 20, 2006 (AFP) – Sri Lanka’s Tamil Tiger rebels Monday scoffed a government offer to send supplies to the besieged Jaffna peninsula as a “political gimmick” aimed at appeasing the international community. The Liberation Tigers of Tamil Eelam (LTTE) said they had no formal word from the government about its offer to send […]
Sri Lanka sends relief to isolated Jaffna
COLOMBO, Nov 20, 2006 (AFP) – Sri Lanka has sent essential supplies to the besieged Jaffna Peninsula amid local and international concern for half a million civilians trapped there, officials said. A government spokesman said a formal request was offered to relief agencies to support a food convoy by road to the Jaffna Peninsula, virtually […]
UN envoy slated in Sri Lanka over child soldier charge
COLOMBO, Nov 20, 2006 (AFP) – Sri Lankan nationalists led by the island’s main Marxist party Monday demonstrated against a top UN envoy who accused the military of recruiting child soldiers on behalf of a Tamil rebel faction. Hundreds of protestors carried an effigy of special advisor to the United Nations Representative for Children and […]
Blast kills Sri Lanka soldier
COLOMBO, Nov 20, 2006 (AFP) – Tamil Tiger rebels set off a land mine in northern Sri Lanka Monday, killing one soldier and wounding three others, defence officials said. The killings added to a weekend toll of 35 people killed according to claims by both sides. The bitter ethnic conflict between Tamil rebels in the […]
Southern Airport
WEERAWILA, Sri Lanka, Nov 19, 2006 (AFP) – Sri Lanka’s president Sunday marked his first year in office by launching work on a new international airport to handle the giant Airbus A380 airliner and pledging a major new port.President Mahinda Rajapakse laid the foundation stone for a 125-million-dollar, 4,000-metre (13,200-feet) upgrade to a small airport […]
Sri Lanka President marks one year in office amidst continued violence
Nov 19, 2006 (AFP) – Sri Lanka’s President Mahinda Rajapakse came to power promising a new approach to peace.But as he marks the end of his first year in office Sunday, the country continues to be wracked by violence, pushing its defence budget to a record high. The International Monetary Fund warned last week the […]
Weekend deathtoll reaches 35 in Sri Lanka
COLOMBO, Nov 19, 2006 (AFP) – At least 35 people died in weekend sea, air and land battles between Sri Lanka’s Tamil Tiger rebels and security forces, according to claims by both sides Sunday.The Sri Lankan navy said it killed at least 15 Tiger guerrillas after sinking three craft off the island’s northwest coast on […]
Split in main Sri Lanka opposition deepens with party convention
November 18, (LBO) – The convention of the main opposition in Sri Lanka went ahead without the rebel faction led by its deputy leader being present, deepening the divisions within the party, United National Party sources said.Three rebels last week lost a court challenge which questioned a decision by a top party body not to […]
Concern over death threats to Sri Lanka TV host
COLOMBO, Nov 19, 2006 (AFP) – Sri Lanka’s main media rights group Sunday expressed concern over a death threat against a Tamil television host after a show in which he discussed the assassination of a Tamil legislator.The Free Media Movement said television talk show host J.Sri Ranga was told of the death threat after he […]