Tag: lbo
Sri Lanka’s main opposition party launches drive for early elections
DONDRA – Sri Lanka’s main opposition party launched a 10-day march with thousands of supporters to pressure President Chandrika Kumaratunga to call nationwide elections by year-end and revive a Norway-led peace process. DONDRA – Sri Lanka’s main opposition party launched a 10-day march with thousands of supporters to pressure President Chandrika Kumaratunga to call nationwide […]
Round One
Shell Gas Lanka will jack up prices on a 12.5 kilo cylinder by Rs. 94 with effect midnight tonight, following the green light from watchdog the Consumer Affairs Authority.Shell Gas Lanka will jack up prices on a 12.5 kilo cylinder by Rs. 94 with effect midnight tonight, following the green light from watchdog the Consumer […]
‘s Tigers demand stepped up security, warn truce at risk
Tamil Tigers Thursday gave the Sri Lankan authorities two weeks to step up security for rebels travelling through government-held areas, warning a Norwegian-brokered truce was at risk.Tamil Tigers Thursday gave the Sri Lankan authorities two weeks to step up security for rebels travelling through government-held areas, warning a Norwegian-brokered truce was at risk. The rebel […]
Sri Lanka’s Tigers demand stepped up security, warn truce at risk
Tamil Tigers Thursday gave the Sri Lankan authorities two weeks to step up security for rebels travelling through government-held areas, warning a Norwegian-brokered truce was at risk.Tamil Tigers Thursday gave the Sri Lankan authorities two weeks to step up security for rebels travelling through government-held areas, warning a Norwegian-brokered truce was at risk. The rebel […]
Sri Lanka posts 4.8% post tsunami growth
Sri Lanka’s economy in the first quarter of 2005 grew 4.8 percent in the immediate aftermath of the December tsunami that destroyed most of the island’s costal infrastructure. Sri Lanka’s economy in the first quarter of 2005 grew 4.8 percent in the immediate aftermath of the December tsunami that destroyed most of the island’s costal […]
Going Nowhere
Lending agency loans, for electricity sector reforms in Sri Lanka, expire this week but reforms talks between government and trade unions are still deadlocked.Lending agency loans, for electricity sector reforms in Sri Lanka, expire this week but reforms talks between government and trade unions are still deadlocked. A Rs 3 bn loan from the Japan […]
Suspected rebels kill three Sri Lankan troops in gunbattle
Suspected Tamil Tiger rebels killed three soldiers from a military intelligence unit in a gunbattle in eastern Sri Lanka on Thursday, the defence ministry said.Suspected Tamil Tiger rebels killed three soldiers from a military intelligence unit in a gunbattle in eastern Sri Lanka on Thursday, the defence ministry said. The rebels attacked the three men […]
‘s economic growth
Soaring oil prices and political instability could put the breaks on Sri Lanka’s economic performance this year, the country’s Central Bank said Thursday.Soaring oil prices and political instability could put the breaks on Sri Lanka’s economic performance this year, the country’s Central Bank said Thursday. “Macro stability as well as political stability would be crucial […]
Oil prices and political stability could crimp Sri Lanka’s economic growth
Soaring oil prices and political instability could put the breaks on Sri Lanka’s economic performance this year, the country’s Central Bank said Thursday.Soaring oil prices and political instability could put the breaks on Sri Lanka’s economic performance this year, the country’s Central Bank said Thursday. “Macro stability as well as political stability would be crucial […]
Peep at P-TOMS, what they say
P-TOMS will generate more than international goodwill for Sri Lanka, says the World Bank.P-TOMS will generate more than international goodwill for Sri Lanka, says the World Bank. “The existence of the mechanism would generate more support for Sri Lanka that would not have come in, in its absence,” said World Bank country head, Peter Harrold […]
Tigers free policeman seized in eastern Sri Lanka
Tamil Tiger rebels Tuesday freed a policeman they had seized in the island’s embattled eastern province but another officer detained by the rebels was found dead, local military officials said.Tamil Tiger rebels Tuesday freed a policeman they had seized in the island’s embattled eastern province but another officer detained by the rebels was found dead, […]
‘s warring parties to strengthen truce after aid deal
The United States asked Sri Lanka’s government and Tamil Tiger rebels Monday to strengthen a fragile truce between them after they entered into a controversial deal to share aid pledged after the tsunami.The United States asked Sri Lanka’s government and Tamil Tiger rebels Monday to strengthen a fragile truce between them after they entered into […]