Tag: Sri Lanka
Sri Lanka says 36 killed in heavy fighting
Dec 12, 2007 (AFP) – Sri Lankan troops and Tamil Tiger rebels were locked in heavy combat across their de facto borders in the north of the island where at least 36 combatants were killed, the defence ministry said Wednesday.Intense clashes along the Mannar and vavuniya districts left 20 guerrillas and three soldiers killed on […]
Sri Lanka fills vacancy in rate-setting monetary board
Dec 11, 2007 (LBO) – Sri Lanka has appointed Manohari Ramanathan, an attorney-at-law to fill a vacancy in the governing body on the country’s monetary authority which also sets interest rates. .Updated The Central Bank of Sri Lanka said Ramanathan’s appointment will take effect from December 06, 2007. She had joined the Legal Draftsman’s Department […]
Britain puts Sri Lanka on notice over rights
Dec 10, 2007 (AFP) – Britain’s top envoy to Sri Lanka Monday asked the government to improve its human rights record and politically end the island’s drawn out Tamil separatist conflict or risk international sanctions. British High Commissioner (ambassador) Dominick Chilcott said the UK had a direct interest in ending the conflict in its former […]
Sri Lankan parliamentarians can be bought, says British envoy
Dec 11, 2007 (LBO) – Britain’s envoy in Sri Lanka has mocked the practice of a parliamentary committee to probe corruption dominated by government ministers, saying many lawmakers have been given positions to buy their loyalty. “It must be the only oversight committee in the world that consists mainly of ministers,” British High Commissioner Dominick […]
Maldives opposition push for interim govt. ahead of polls
COLOMBO December 11, 2007 (LBO) — Five Maldivian opposition parties Tuesday urged President Maumoon Abdul Gayoom to put in place an interim government ahead of the archipelago’s first multi-party polls next year, officials said. “We are urging the international community to support us, to support our cause for democratic reforms,” former Maldivian foreign minister Ahmed […]
Sri Lanka could stabilize economy with inflation targeting: IMF director
Dec 10, 2007 (LBO) – Sri Lanka could stabilize its economy and rein in galloping prices by moving to an inflation targeting framework and a flexible exchange rate, a top International Monetary Fund official said. Unlike East Asia and some Latin American countries, critics say five decades after creating a central bank with money printing […]
Tamils in Sri Lankan capital pay price of Tiger bombs
Dec 9, 2007 (AFP) – Minority Tamils in Sri Lanka’s capital are running a gauntlet of arrest and intimidation as fighting escalates between government troops and Tiger rebels, community members and rights groups say. Harassed at security checkpoints and arbitrarily arrested from their homes and workplaces, Colombo’s Tamil’s are being subjected to what human rights […]
Sri Lanka Tiger linked Malaysian Tamils may be detained: report
KUALA LUMPUR, Dec 8, 2007 (AFP) – Malaysian Prime Minister Abdullah Ahmad Badawi has reportedly warned that ethnic Indian activists accused of having links with Sri Lanka’s Tamil Tigers could be held under internal security laws. Ethnic rights group Hindraf, which organised mass anti-discrimination protests in November that were broken up with tear gas and […]
Sri Lanka inflation caused by govt. credit, not private sector: IMF
Dec 06, 2007 (LBO) – Sri Lanka’s inflation is strongly linked to government credit, the International Monetary Fund (IMF) said in a report released this week, clearing the private sector of blame for rapidly rising prices. . IMF said bank credit to the private sector has accelerated in Sri Lanka in recent years, but the […]
Sri Lanka rupee zooms amidst record exporter selling
Dec 06, 2007 (LBO) – The Sri Lanka rupee extended gains against the greenback Thursday as panicky exporters sold dollars fearing more ‘carry trade’ style activity from hedge funds, dealers said, after authorities relaxed foreign investor limits on local bonds. Sri Lanka government securities offer attractive rates of around 19.00 percent a year for macro […]
Sri Lanka fears more attacks on civilians
COLOMBO, Dec 6, 2007 (AFP) – Sri Lanka Thursday warned of more Tamil Tiger attacks against civilians a day after the guerrillas were accused of being responsible for a roadside bomb blast that killed 16 bus passengers.A Norwegian-brokered 2002 truce began to unravel in December 2005.Media Minister Anura Yapa said Wednesday night’s bombing of a […]
Sri Lankan visitors to USA to give all finger prints
Dec 06, 2007 (LBO) – Visa applicants to the United States will have to give prints of all ten fingers from next week, the US embassy in Colombo said. The embassy said the procedure, which was required by US Departments of State and Homeland Security, would be implemented world-wide from December 10. The US started […]