Tag: Sri Lanka
Sri Lanka strike forces minister, state workers, to boost productivity
July 10, 2008 (LBO) – Sri Lanka’s post minister, one of a coterie of 108 ministers in the island, said he had personally got the postal service moving during a one-day token strike, while the head of an over-staffed state enterprise wished for strikes every day. There has been no general strike in the island […]
Sri Lanka western province economic dominance slips
July 10, 2008 (LBO) – The dominance of Sri Lanka’s Western province which housed the capital Colombo, in the country’s economic activity has fallen below 50 percent in 2007, the island’s central bank said.Using gross domestic product (GDP) data compiled by the government’s statistics office, Sri Lanka’s central bank said the share of Western province […]
Sri Lanka opposition blames army for attacks on media
July 8, 2008 (AFP) – Sri Lanka’s main opposition Tuesday accused the country’s military chief of orchestrating violent attacks on journalists critical of its battle against Tamil separatists. Opposition MP Joseph Michael Perera told parliament that a recent wave of beatings and other violence against journalists was carried out by a “special team” under the […]
Sri Lanka private bus operators ignore strike call
July 9, 2008 (LBO) – Sri Lanka’s privately-run bus operators said they would keep their buses on the road on July 10, ignoring the token strike call of a Marxist-Nationalist former ally of the ruling coalition. The Marxist Janatha Vimukthi Peramuna (JVP) which popularized policies of wholesale government recruitment, indiscriminate subsidies and increased state intervention […]
Sri Lanka opposition backs new state salary hike
July 07, 2008 (LBO) – Sri Lanka’s main opposition United National Party (UNP) is backing calls for new salary hikes for the island’s already bloated state sector, continuing a tradition that has created a class of super citizens and high inflation in the country.The UNP and its trade union arm, the Jathika Sevaka Sangamaya (JSS), […]
Sri Lanka activists organising media boycott of South Asia summit: report
July 6, 2008 (AFP) – Media activists in Sri Lanka are organising a boycott of the upcoming South Asian summit in Colombo in protest at escalating attacks against journalists, a report said Sunday.The Lakbima News weekly said several media outlets had agreed in principle not to cover the August 1 summit of the South Asian […]
Sri Lanka nature reserve threatened by politicians, business say activists
July 06, 2008 (LBO) – One of the three top nature reserves in Sri Lanka, a biodiversity hotspot, is being threatened by encroachment and commercial cultivation involving corrupt politicians, bureaucrats and business, a new report says.“Once title is given, the land soon passes to the politically powerful or their cronies,” says Environmental Foundation Ltd., which […]
Sri Lanka exchange rate policy under fire
July 05, 2008 (LBO) – Sri Lanka’s central bank which has debauched the rupee since its creation in 1950, has made a strong case for a stable national currency, but a top industrialist warned that high inflation was making the policy backfire on industry. Sri Lanka lost exchange rate stability shortly after 1950, when a […]
Expelled Sri Lanka ex-warlord returns from Britain
July 3, 2008 (AFP) – A former Sri Lankan Tamil guerrilla leader expelled from Britain returned Thursday after serving a brief jail term on immigration charges, officials said. Vinayagamoorthy Muralitharan, also known as Colonel Karuna and who was jailed in London in January, was escorted back to Sri Lanka, airport officials said. Karuna, who led […]
Sri Lanka firm to lobby G8 on water
July 3, 2008 (LBO) – Sri Lanka’s Hayleys group has joined top global firms to lobby the eight leading industrial nations to make water availability a priority at an upcoming meeting in Japan next week, the company said. Hayleys is one of 19 companies that have signed the CEO Water Mandate, an initiative of the […]
Sri Lanka private sector calls for prudent reforms
July 03, 2008 (LBO) – Sri Lanka’s private sector has called on the government to implement politically difficult reforms and austerity measures to put the economy on a better footing. Anura Ekanayake, deputy vice chairman of the Ceylon Chamber of Commerce, said the government should do reforms to correct the wrong policies that hinder growth […]
World Bank appoints new South Asia chief
July 3, 2008 (LBO) – The World Bank has appointed Isabel Guerrero, country director for India as vice president for the South Asia region, replacing Praful Patel who retired on July 02, the multilateral lender said. “It is a most special privilege to be invited to take on this role in one of the most […]