Tag: lbo
Sri Lanka Marxists issue deadline to drop aid-sharing deal with Tigers
Sri Lanka’s coalition plunged into deeper crisis Friday as a key partner gave the president five days to back off from an aid-sharing deal with rebels or risk losing the government. Sri Lanka’s coalition plunged into deeper crisis Friday as a key partner gave the president five days to back off from an aid-sharing deal […]
India discusses defence pact with Sri Lanka
Negotiations were under way between India and Sri Lanka for a defence cooperation pact, visiting Indian Foreign Minister Natwar Singh said here Friday as his hosts faced a deepening political crisis. Negotiations were under way between India and Sri Lanka for a defence cooperation pact, visiting Indian Foreign Minister Natwar Singh said here Friday as […]
Generate more decent jobs; ILO
Fast growing wealth but slow growing jobs threat to international security and democracy, says the International Labour Organisation.Fast growing wealth but slow growing jobs threat to international security and democracy, says the International Labour Organisation. “This global jobs crisis is the most pressing political issue of our time”, ILO Director-General Juan Somavia told more than […]
More Buddhist monks join in protest as JVP threatens to quit government
Sri Lankan Buddhist monks sit while fasting to protest government plans for a deal with Tamil Tiger rebels to share tsunami aid, in Colombo 08 June 2005. Nationalist Buddhist monks oppose concessions to the Tamil Tigers before they lay down arms and enter main stream politics. Pix Sena Vidanagama More Buddhist monks joined a protest […]
Marxists signal quitting Sri Lanka coalition
Sri Lanka’s Marxists, key coalition partners of President Chandrika Kumaratunga, announced Wednesday they will block her plan to share tsunami aid with Tamil Tiger rebels even if the move leads to a collapse of government.Sri Lanka’s Marxists, key coalition partners of President Chandrika Kumaratunga, announced Wednesday they will block her plan to share tsunami aid […]
Clean Drink
Sri Lanka signed up for a US$ 14.8 million loan from Korea to supply water to over 160,000 residents living in the southern coastal town of Galle.Sri Lanka signed up for a US$ 14.8 million loan from Korea to supply water to over 160,000 residents living in the southern coastal town of Galle. Inked between […]
Hot Potato
Sri Lanka is to ink a US$ 100 million fuel purchase deal with Malaysia next Monday, to ease the strain on the country’s balance of payments, a top official said Tuesday.Sri Lanka is to ink a US$ 100 million fuel purchase deal with Malaysia next Monday, to ease the strain on the country’s balance of […]
Sri Lanka media minister quits
Sri Lanka’s Media minister Mangala Samaraweera Tuesday quit amid a deepening crisis within the shaky coalition government, an official said.Sri Lanka’s Media minister Mangala Samaraweera Tuesday quit amid a deepening crisis within the shaky coalition government, an official said. Samaraweera, a close confidant of President Chandrika Kumaratunga resigned his position as media minister, but will […]
Sri Lanka coalition under siege as monks, Tigers mount pressure
Sri Lanka’s president came under intense pressure as a key minister quit Tuesday and the influential Buddhist clergy vowed to end her career if she approved an aid-sharing deal with Tamil Tiger rebels.Sri Lanka’s president came under intense pressure as a key minister quit Tuesday and the influential Buddhist clergy vowed to end her career […]
Trip Switch
Developers of power plants say the sector is losing credibility with investors because of regular policy U turns and delays in project approval.Developers of power plants say the sector is losing credibility with investors because of regular policy U turns and delays in project approval. Investors last week encouraged the government to go ahead with […]
Hopes for Sri Lanka peace talks rise after India backs aid plan with rebels
Sri Lanka’s hopes of reviving peace talks with Tiger rebels were raised after India this week gave its backing to a controversial aid-sharing deal with the guerrillas, a senior diplomat and analysts said Sunday. Sri Lanka’s hopes of reviving peace talks with Tiger rebels were raised after India this week gave its backing to a […]
Two men shot dead in Sri Lanka capital may be linked to rebel factional feud
Unidentified gunmen shot dead two men in the Sri Lankan capital Colombo Sunday in killings that may be linked to factional fighting among Tamil rebels, a defence ministry spokesman said.The victims, both residents from the island’s northern peninsula of Jaffna, were gunned down in Colombo’s Kotahena area on Sunday morning, the spokesman said. “Police have […]