Tension mounts in Sri Lanka amid moves to salvage peace bid

Tension has escalated in Sri Lanka’s restive northeast even as peace broker Norway was set to launch a fresh attempt to keep the two sides engaged in talks, officials and diplomats said Sunday.Tension has escalated in Sri Lanka’s restive northeast even as peace broker Norway was set to launch a fresh attempt to keep the […]

Powerful quake sparks new disaster panic in Indonesia

A powerful earthquake measuring 6.7 on the Richter scale struck off the west coast of Indonesia’s Sumatra island Sunday sparking panic among people fearing a repeat of the tsunami disaster, officials said. A powerful earthquake measuring 6.7 on the Richter scale struck off the west coast of Indonesia’s Sumatra island Sunday sparking panic among people […]

Tigers free seized Sri Lankan soldier

Tamil Tiger rebels Sunday released a government soldier they had captured overnight in Sri Lanka’s eastern district of Trincomalee, local officials said. Tamil Tiger rebels Sunday released a government soldier they had captured overnight in Sri Lanka’s eastern district of Trincomalee, local officials said. The rebel Liberation Tigers of Tamil Eelam (LTTE) handed the soldier […]

Slippery Grounds

Ceylon Petroleum Corporation says its operations are not viable unless the government sticks to the pricing formula agreed to as part of the sector restructuring.Ceylon Petroleum Corporation says its operations are not viable unless the government sticks to the pricing formula agreed to as part of the sector restructuring. CPC is waiting for confirmation the […]

Rebel fighting kills two more in Sri Lanka

At least two people were killed in Sri Lanka’s restive eastern province Friday in what military officials described as escalating rebel factional fighting.At least two people were killed in Sri Lanka’s restive eastern province Friday in what military officials described as escalating rebel factional fighting. A breakaway faction of the Tamil Tigers clashed with the […]

Clear land policy needed to resettle tsunami victims, says UN

The United Nations office in Sri Lanka is calling for a clear land policy for resettlement of tsunami victims, particularly in areas of land shortage.“A clear policy on relocation is of such national importance, it must not be politicised,” said the resident representative of the UNDP, Miguel Bermeo, on Friday, at a Danish business conference. […]

Scandinavian monitors say Tiger attack on navy boat a truce violation

Scandinavians monitoring a truce between Sri Lankan troops and Tamil Tigers ruled Friday that the rebels were in breach of the ceasefire when they attacked a naval patrol boat.Scandinavians monitoring a truce between Sri Lankan troops and Tamil Tigers ruled Friday that the rebels were in breach of the ceasefire when they attacked a naval […]

Watchout

The IMF said Thursday that rising living standards in China and the rest of the developing world will keep oil prices sky-high for decades to come, with even 100 dollars a barrel not ruled out.The IMF said Thursday that rising living standards in China and the rest of the developing world will keep oil prices […]

Switched Off

Electricity sector trade union plans for an island wide blackout, goes on hold after the government agrees to hold back Ceylon Electricity Board (CEB) reforms.Electricity sector trade union plans for an island wide blackout, goes on hold after the government agrees to hold back Ceylon Electricity Board (CEB) reforms. “The Minister of Power and Energy […]

‘s economy expected lag behind other Asian countries this year: ADB

Sri Lanka is expected to trail behind other Asian nations again this year, after lagging the spectacular growth of developing Asia in 2004, the Asian Development Bank said. Sri Lanka is expected to trail behind other Asian nations again this year, after lagging the spectacular growth of developing Asia in 2004, the Asian Development Bank […]

Sri Lanka’s economy expected lag behind other Asian countries this year: ADB

Sri Lanka is expected to trail behind other Asian nations again this year, after lagging the spectacular growth of developing Asia in 2004, the Asian Development Bank said. Sri Lanka is expected to trail behind other Asian nations again this year, after lagging the spectacular growth of developing Asia in 2004, the Asian Development Bank […]

‘s troubled east

A policeman and a civilian were shot dead in two separate incidents in Sri Lanka’s restive eastern province, the military said Wednesday.A policeman and a civilian were shot dead in two separate incidents in Sri Lanka’s restive eastern province, the military said Wednesday. Unidentified gunmen shot dead a policeman guarding a warehouse holding tsunami relief […]

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