Tag: Sri Lanka
‘s address to foreign correspondents
Apr 04, 2014 (LBO) – The full text of US ambassador Michele J Sison’s address to the Foreign Correspondents Association in Colombo on Thursday. Ambassador Sison’s Remarks to the Foreign Correspondents Association April 3, 2014 Thank you for inviting me to speak tonight. Last year, you also invited me to speak in early April, and […]
Sri Lanka courts Thai investors
Apr 03, 2014 (LBO) – Sri Lanka is seeking more investors from Thailand, the state investment promotion office said following an investor meeting in Bangkok where there was interest in cosmetics, fisheries, agri business and retailing.The firms make, lace, synthetic sapphires and two hotels and a harvest management company is also expected to start operations, […]
Sri Lanka technical education, female participation to be boosted: ADB
Apr 02, 2014 (LBO) – The Asian Development Bank said it is giving a 100 million dollars loan to Sri Lanka to boost technical education and female participation in technology related courses.“This program will help reduce the significant mismatch that exists between the competencies of graduates and labor market demand, which has left youth unemployment […]
‘s Guangdong province visit Sri Lanka
Apr 02, 2014 (LBO) – A high powered delegation from China’s Guangdong provincial government had visited Sri Lanka and had expressed interest in fish processing, the state investment promotion office said. A Chinese firm is to reclaim the sea near Colombo port to build a new business district and many firms from the country are […]
Sri Lanka seeks divine help to avoid power cuts
COLOMBO, April 1, 2014 (AFP) – Sri Lanka’s energy minister offered flowers and lit thousands of oil lamps as she prayed for rains to replenish drought-hit reservoirs which are used for hydro-power plants, an official said Tuesday. Minister Pavithra Waniarachchi illuminated the sacred temple town of Anuradhapura with 4,000 coconut oil lamps seeking divine help […]
” networks
COLOMBO, April 2, 2014 (AFP) – Sri Lanka has designated 15 foreign organisations run by ethnic Tamils as “terrorist groups”, accusing them of trying to revive a separatist war which ended in 2009, an official said Wednesday. Among the designated groups are the British Tamil Forum, World Tamil Movement, Canadian Tamil Congress, Australian Tamil Congress […]
‘s lower inflation, narrowing budget deficit to boost growth: ADB
Apr 01, 2014 (LBO) – Sri Lanka’s current relatively low inflation and a narrowing budget deficit will boost investment and growth helped by recovering exports and domestic demand, the Asian Development Bank said.Last year Sri Lanka gross domestic product was estimated to have grown by 7.3 percent in the middle of recovering from a balance […]
Sri Lanka inflation unchanged at 4.2-pct in March
Mar 31, 2014 (LBO) – Sri Lanka’s consumer prices rose 4.2 percent in the 12-months to March from a year earlier, with inflation unchanged from the 4.2 percent a month earlier, data from the state statistics office showed. Sri Lanka’s inflation has been muted amid weak credit growth following the end of a balance of […]
Sri Lanka ruling party set for local election win
COLOMBO, March 30, 2014 (AFP) – Sri Lanka’s ruling party was headed for victory in local elections but with smaller than expected margins in a crucial mid-term test for President Mahinda Rajapakse, early results showed Sunday.The ruling party had tried to turn Saturday’s vote into a referendum on a UN Human Rights Council’s resolution last […]
Sri Lanka ruling party wins provincial election with lower margin
COLOMBO, March 30, 2014 (AFP) – Sri Lanka’s ruling party won local elections, but with smaller than expected margins in a crucial mid-term test for President Mahinda Rajapakse, official results showed Sunday.The president campaigned for polls held Saturday for southern and western provincial councils, both in the ethnic majority Sinhalese heartland, which account for more […]
Sri Lanka claims moral victory from war crimes vote
COLOMBO, March 28, 2014 (AFP) – Sri Lanka tried to claim a moral victory Friday and insisted it would push on with reconciliation efforts after being censured by the UN’s top rights body for failing to bring perpetrators of war crimes to justice.The US-initiated resolution was carried at the UN Human Rights Council in Geneva […]
Sri Lanka frees India fishermen after UN vote abstention
COLOMBO, March 28, 2014 (AFP) – Sri Lanka’s president Friday ordered the release of Indian fishermen detained for poaching after New Delhi surprisingly refused to back a US-led censure motion against Colombo at the UN’s top rights body.The exact number of fishermen who were released was not immediately known but several dozens are thought to […]