Tag: Sri Lanka
Bomb attack in Sri Lanka capital ahead of vote
January 22, 2010 (AFP) – A key opposition activist in Sri Lanka was targeted at home by a bomb early Friday, police said, despite tighter security ahead of next week’s presidential election. Ban urged all Sri Lanka parties and their supporters “to show restraint and refrain from violence, to adhere to the electoral laws and […]
‘s eye
Jan 22, 2010 (LBO) – Sri Lanka’s upcoming presidential polls will be monitored by around 40 observers representing the Association of Asian Election Authorities (AAEA), a Taiwan based body, officials said. The Asian observers had come on an invitation extended by elections chief Dayananda Dishanayake, Pan Wel-Ta, Taiwanese election commissioner, who is heading the mission […]
Coup Claim
January 21, 2010 (AFP) – Sri Lanka’s main opposition said Thursday it feared President Mahinda Rajapakse would use the military to remain in power if he was defeated in next week’s elections. Opposition candidate Sarath Fonseka accused the government of pushing senior army commanders to appear on state-run television to express their public support for […]
UN chief worried by growing violence ahead of Sri Lanka polls
UNITED NATIONS, January 20, 2010 (AFP) – UN chief Ban Ki-moon is alarmed by the growing violence in Sri Lanka, including the reported slaying of political activists, ahead of the upcoming presidential elections, his spokesman said Wednesday. “The Secretary General is concerned about the growing violence in the lead-up to the presidential election in Sri […]
Sri Lanka graduates above IMF low income status: Central Bank
Jan 21, 2010 (LBO) – Sri Lanka has moved out of the countries eligible for financing from the International Monetary Fund’s poverty reduction and growth facility with greater access to capital markets and higher incomes, the Central Bank said. “Accordingly, Sri Lanka will now be recognised as a country with a middle income emerging market […]
‘s group writes to presidential front runners
Jan 20, 2010 (LBO) – A Sri Lankan citizen’s group has written to the two main candidates running for next weeks polls asking for more attention to the island’s minority groups and constitutional reforms to promote equality to all citizens. “We note with distress a major lacuna in both manifestos,” the group, Friday Forum said […]
Deadly unrest flares in Sri Lanka ahead of vote
January 18, 2010 (AFP) – A Sri Lankan opposition supporter was killed on Monday as fresh unrest erupted ahead of next week’s presidential election despite a security crackdown, police said. The man was killed in a clash with ruling party activists in northwestern Sri Lanka, the third politically-related death in the run-up to the vote […]
Sri Lanka holds policy rates steady
Jan 19, 2010 (LBO) – Sri Lanka’s central bank said it was keeping its main reverse repurchase policy rate at which money is injected to markets steady at 9. 75 percent, though inflation has started to pick up. “Though some volatility has been observed in the short term money market rates in recent weeks, market […]
” private sector salary hike
Jan 19, 2010 (LBO) – Sri Lanka’s labour minister has “ordered” a 2,500 rupee salary hike to private sector workers, a ministry statement said, though an organization representing the major employers said they had no knowledge of the move. The statement said a 405 rupee a month wage deal negotiated between a group of large […]
Sri Lanka anchor currency inflation up
Jan 18, 2010 (LBO) – Consumer inflation in the United States, to whose currency the Sri Lanka rupee is tightly pegged, rose to 2.7 percent in December 2009 from a year earlier according to the latest data, as the island’s inflation also moved up. Sri Lanka has been quantity tightening from April 2009 by selling […]
Sri Lanka private sector credit up in November
Jan 18, 2010 (LBO) – Sri Lanka’s private sector loans surged 11. 7 billion rupees to 1,188 billion in November 2009, as rates fell to levels that stimulated credit demand, central bank governor Nivard Cabraal said. The Central bank has also pushed banks to lend in former war torn northern and eastern areas approving new […]
US hopes for better relations with Sri Lanka
WASHINGTON, January 18, 2010 (AFP) – Sri Lanka’s upcoming election is raising hopes in the United States for better relations after a chilly spell if the island turns the page on a bloody war that brought international opprobrium. The January 26 election comes months after troops killed the top leadership of the Tamil Tigers, ending […]