Tag: lbo
Marxists back Sri Lanka PM for presidency, say he agrees to redraft truce
Sri Lanka’s influential Marxist party said Monday it would support Prime Minister Mahinda Rajapakse for the presidency after he promised to drop plans for a federal state, redraft a truce with Tamil Tiger rebels and scrap privatisation. Sri Lanka’s influential Marxist party said Monday it would support Prime Minister Mahinda Rajapakse for the presidency after […]
Government thinking of giving tsunami victims money to buy land
Sri Lanka government says it is thinking of giving tsunami victims money to buy land to rebuild their homes, eight months after the tsunami.Sri Lanka government says it is thinking of giving tsunami victims money to buy land to rebuild their homes, eight months after the tsunami. Sri Lanka’s central tsunami reconstruction agency TAFREN said […]
Subtle Pressure
Lanka IOC, a unit of Indian Oil Corp., has quietly slipped the brakes on its expansion drive, as the Sri Lankan government owes US$ 60 million todate by way of fuel subsidies, a top official said Thursday.Lanka IOC, a unit of Indian Oil Corp., has quietly slipped the brakes on its expansion drive, as the […]
Government-LTTE stuck on a venue
The Sri Lankan government’s spokesperson said on Thursday, that holding talks with the LTTE in a foreign country, was “not acceptable,” but that a new venue for talks will be decided after the President returns to the island.The Sri Lankan government’s spokesperson said on Thursday, that holding talks with the LTTE in a foreign country, […]
Rajapaksa only Sri Lankan candidate at Presidential polls
Sri Lanka’s ruling party says it is lining up political support behind Prime Minister Mahinda Rajapaksa, as the common national candidate for Presidential polls. Sri Lanka’s ruling party says it is lining up political support behind Prime Minister Mahinda Rajapaksa, as the common national candidate for Presidential polls. The Sri Lanka Freedom Party (SLFP), says […]
Cost of living increasing but at slower pace
Cost of living in Sri Lanka still going up despite the contribution by the Yala harvest, says the Central Bank.Cost of living in Sri Lanka still going up despite the contribution by the Yala harvest, says the Central Bank. Prices dropped in August, compared to July, reflecting the historic seasonal pattern because of the influx […]
Burning Issues
Sri Lanka has sent out feelers to the Indian government for fresh round of supplier credit, as soaring world crude prices pushes fuel subsidy payments to US$ 200 million this year.Sri Lanka has sent out feelers to the Indian government for fresh round of supplier credit, as soaring world crude prices pushes fuel subsidy payments […]
Better Late
Agreement to commission Norochcholai coal power plant signed in China, on Tuesday.“Ceylon Electricity Board (CEB) Chairman Ranjit Fonseka and China National Machinery and Equipment Import and Export Corporation representative, Xia Biao signed the MoU,” said a statement from the President’s office on Tuesday. “Presidents Chandrika Kumaratunga and Hu Jintao witnessed the signing in Beijing,” said […]
Will Asia meet its MDGs?
World leaders will gather in New York in September to assess progress towards the Millennium Development Goals (MDGs) they set five years ago.When they look to Asia and the Pacific the picture will be mixed.World leaders will gather in New York in September to assess progress towards the Millennium Development Goals (MDGs) they set five […]
‘s daughter of destiny, mother of destruction
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 […]
Sri Lanka president: Keeping a dynasty alive
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 […]
Kumaratunga: Sri Lanka’s daughter of destiny, mother of destruction
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 […]