Tag: news
Restructuring CEB will reduce electricity production cost by Rs 2.50, says Finance Minister
Restructuring the Ceylon Electricity Board (CEB) will reduce cost of electricity production by Rs 2.50, says Finance Minister. Restructuring the Ceylon Electricity Board (CEB) will reduce cost of electricity production by Rs 2.50, says Finance Minister. “Last week we were looking at performance reports of the CEB.If we restructure the CEB we will be able […]
Hopes rise for Sri Lanka aid breakthrough
Sri Lanka’s peace broker Norway was hopeful of clinching a deal between the Colombo government and the Tiger rebels on jointly handling tsunami relief aid, the guerrillas said Sri Lanka’s peace broker Norway was hopeful of clinching a deal between the Colombo government and the Tiger rebels on jointly handling tsunami relief aid, the guerrillas […]
Ministerial meeting in Manilato to revive international interest in tsunami rebuilding
The ADB will host a Ministerial meeting in Manila, Philippines, on March 18, to revive international interest in tsunami rebuilding. The ADB will host a Ministerial meeting in Manila, Philippines, on March 18, to revive international interest in tsunami rebuilding. “As the development community’s response to the tsunami disaster is shifting from the relief phase […]
South Asian NGOs meet in Colombo to develop bargaining document for WTO talks
South Asian NGOs want governments to include their concerns when negotiating trade matters under the World Trade Organisation (WTO).South Asian NGOs want governments to include their concerns when negotiating trade matters under the World Trade Organisation (WTO). “Even in South Asia the different countries have different requirements.This is where civil society groups can get a […]
Sri Lanka’s peace bid suffers fresh blow from killing spree
A weekend killing spree has compounded problems for Sri Lanka’s already troubled peace process and dimmed prospects of a deal on tsunami aid, diplomats and officials said Sunday.A weekend killing spree has compounded problems for Sri Lanka’s already troubled peace process and dimmed prospects of a deal on tsunami aid, diplomats and officials said Sunday. […]
‘s peace bid suffers fresh blow from killing spree
A weekend killing spree has compounded problems for Sri Lanka’s already troubled peace process and dimmed prospects of a deal on tsunami aid, diplomats and officials said Sunday.A weekend killing spree has compounded problems for Sri Lanka’s already troubled peace process and dimmed prospects of a deal on tsunami aid, diplomats and officials said Sunday. […]
Gunmen kill six in internecine clash in Sri Lanka
Gunmen shot dead at least six people in eastern Sri Lanka Saturday in what appeared to be worsening internecine clashes among Tamil Tiger rebels, military officials said.Gunmen shot dead at least six people in eastern Sri Lanka Saturday in what appeared to be worsening internecine clashes among Tamil Tiger rebels, military officials said. Gunmen burst […]
Black Out
Government will lose US$ 100 million in donor funding if overdue CEB reforms are not done by the end the month.Government will lose US$ 100 million in donor funding if overdue CEB reforms are not done by the end the month. The Japan Bank for International Cooperation (JBIC) and the Asian Development Bank have said […]
Sri Lanka needs international donor support for next two years to meet post-tsunami costs, IMF
Sri Lanka will be forced to depend on international support for the next two years, as a US$ 1.8 bn post-tsunami reconstruction bill puts a strain on balance of payments and the budget, the IMF said late Friday.Sri Lanka will be forced to depend on international support for the next two years, as a US$ […]
New set of guidelines for duty concessions – valid until April 24 – for tsunami relief items
The government announced a new set of guidelines for duty concessions – valid until April 24 – for tsunami relief items on Friday.The government announced a new set of guidelines for duty concessions – valid until April 24 – for tsunami relief items on Friday. However, to protect domestic rice producers that are now harvesting […]
Euro 100 mn tsunami aid from the EU to come in by mid this year
The first instalment of Euro 100 mn tsunami aid from the European Union is to come in by mid this year, to help people get back to work.The first instalment of Euro 100 mn tsunami aid from the European Union is to come in by mid this year, to help people get back to work. […]
Sri Lanka party to Paris Declaration on effective use of foreign aid
Sri Lanka become party to yet another international declaration on Wednesday – this time on the effective use of foreign aid.Sri Lanka become party to yet another international declaration on Wednesday – this time on the effective use of foreign aid. The Paris Declaration on Aid Effectiveness agrees to take “far reaching and monitorable action” […]