Tag: Sri Lanka
Sri Lanka rejects evidence tampering in massacre probe
Aug 3, 2007 (AFP) – Sri Lanka on Friday rejected charges that it had tampered with evidence in the investigations into the massacre of 17 workers employed by a French charity.The fighting raged despite a Norwegian-arranged truce which is monitored by independent observers. The government said that an Australian expert who raised doubts about the […]
Sri Lankan Tigers say 32 civilians killed in Tamil regions
Aug 4, 2007 (AFP) – At least 32 Tamil civilians have been killed and another 24 “disappeared” last month in Tamil-dominated areas of Sri Lanka’s embattled northeast, the guerrillas said on Saturday.The rebel Liberation Tigers of Tamil Eelam (LTTE) blamed government forces for the killings as well as the disappearances from the Jaffna peninsula and […]
Sri Lanka cuts capital spending to contain deficit
August 4, 2007 (LBO) – Sri Lanka’s government has significantly altered its budget halfway through the year slashing public investment and bringing down a planned deficit, despite spending more money on salaries and interest. We haven’t established the groundwork in terms of economic policies and political stability to sustain higher growth.” Public investment, earlier budgeted […]
Sri Lanka says July reserve money target met, but inflation up
August 03, 2007 (LBO) – Sri Lanka’s central bank said its target for July reserve money was met with billions of rupees to spare and most of the inflation recorded in the month was due to administered price revisions. “Consequently, the annual average rate of the CCPI also moved upto 17.2 per cent in July […]
India asks Sri Lanka to speed to trade deal talks
August 03, 2007 (LBO) – India has called on Sri Lanka to ‘speed up’ talks on the enhanced free trade pact between the two countries during talks with a delegation from the island seeking more Indian investments. Indian Minister of State for Commerce Jairam Ramesh said the two countries should seek to sign the bilateral […]
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August 3, 2007 (LBO) – The Ceylon Chamber of Commerce has called for applications from Sri Lankan companies for its annual ‘Ten Best Corporate Citizen Awards’ contest. The awards, part of the chamber’s efforts to promote Corporate Social Responsibility (CSR) within the business community, will be held on November 29, 2007. The main objectives of […]
Sri Lanka formally joins Asia-Pacific security forum
August 02, 2007 (LBO) – Sri Lanka has formally joined the ASEAN Regional Forum (ARF), a body that discusses security issues in which both Asia-Pacific nations as well as big powers outside the region are involved. Sri Lankan Minister of Foreign Rohitha Bogollagama signed the Instrument of Accession making Sri Lanka a member of the […]
Sri Lanka urges maritime security boost at ARF
MANILA, Aug 2, 2007 (AFP) – The international community must step up efforts to safeguard maritime security in the face of terrorist threats, Sri Lanka said here on Thursday. Sri Lanka faces its own sea-borne threat from the Liberation Tigers of Tamil Eelam, which is campaigning for a separate state for minority Tamils. Foreign Minister […]
Sri Lanka ruling coalition member party submits resignation from govt
August 02, 2007 (LBO) – Members of a Sri Lankan political party, Ceylon Workers Congress (CWC), that helps keep the ruling coalition in power submitted their resignations from the government Thursday. “We have decided to quit the government,” R Yogarajan, Vice President of the Ceylon Workers Congress told LBO. CWC leader Arumugam Thondaman, who is […]
Sri Lanka mediaman killed by unidentified gunmen
August 01, 2007 (LBO) – Gunmen on a motorcycle shot and killed a journalist in Sri Lanka’s northern Jaffna peninsula Wednesday, the Free Media Movement (FMM), a media rights group, said. Nilakshan Sahapavan (22), a journalism student of the Jaffna Media Resource Training Centre (MRTC) and a part-time journalist, was shot around 4.00 a.m. during […]
Sri Lanka government workers eat up new tax revenues
July 31, 2007 (LBO) – Sri Lanka’s bloated public sector has consumed a bulk of the additional tax collections in the first five months of the year, with the salary bill rising 30 percent, data released by the finance ministry shows. During the last three years the treasury and revenue authorities have tightened loopholes and […]
Sri Lanka July inflation up sharply
July 31, 2007 (LBO) – Sri Lanka’s consumer prices shot up to 17.6 percent in the year to July with the index growing 2.8 percent in the past 30 days, the government’s statistics office said Tuesday. . In the year to June inflation was only 13.0 percent, but monthly inflation has been edging up on […]