Tag: Sri Lanka
The government is hoping to decide the fate of previously approved and now invalid coastal building projects, including hotels, on Tuesday
The government is hoping to decide the fate of previously approved and now invalid coastal building projects, including hotels, on Tuesday. The government is hoping to decide the fate of previously approved and now invalid coastal building projects, including hotels, on Tuesday. “We are meeting tomorrow (Tuesday) to decide what to do about coastal development […]
Getting Nowhere
Shell Gas Lanka Ltd, a unit of Royal/Dutch Shell Group, is seeking for some ’emergency tsunami aid’ from the Sri Lankan government, after six months lag on price hikes, blew a Rs.350 mn hole in its balance sheet last year, top officials said. Shell Gas Lanka Ltd, a unit of Royal/Dutch Shell Group, is seeking […]
Tsunami survivors protest corrupt aid distribution
Hundreds of tsunami survivors in Sri Lanka took to the streets in southern Matara district to protest corrupt aid distribution, police said.Hundreds of tsunami survivors in Sri Lanka took to the streets in southern Matara district to protest corrupt aid distribution, police said. The demonstration came as the government admitted 70 percent of victims had […]
Clean Flush
Japan will pump Rs. 146 mn to clean up Colombo’s century old sewer system that takes on the brunt of over 700,000 residents daily.Japan will pump Rs. 146 mn to clean up Colombo’s century old sewer system that takes on the brunt of over 700,000 residents daily. The project will take till 2010 to clean […]
The East coast will take up to 40 percent of rebuilding spend, with the tsunami bill at a final US$ 1.5 bn
Sri Lanka’s top donors say the East coast will take up to 40 percent of the country spend on rebuilding, with the tsunami re-construction bill at a final US$ 1.5 bn. The Central Bank has estimated that the combined effect of the tsunami will shave off less than a percentage point of GDP this year. […]
Easing Off
A stronger Sri Lankan rupee, backed by foreign aid for the reconstruction of the tsunami-battered island, should help the state’s Ceylon Petroleum Corp. repay its mountain of foreign debt, Ceypetco chairman Jaliya Madegama said Tuesday. A stronger Sri Lankan rupee, backed by foreign aid for the reconstruction of the tsunami-battered island, should help the state’s […]
‘s ruling Marxists demand probe on foreign tsunami volunteers
Sri Lanka’s main Marxist party, which is part of the government, demanded a probe Tuesday into foreigners involved in tsunami relief and accused Tiger rebels of importing war-machinery under the guise of aid.Sri Lanka’s main Marxist party, which is part of the government, demanded a probe Tuesday into foreigners involved in tsunami relief and accused […]
Japan urges Sri Lanka to use tsunami to push for peace
Japan Tuesday urged Sri Lanka’s government and Tamil Tiger rebels to use the tsunami to unite and to push the Norwegian-backed peace process forward.Japan Tuesday urged Sri Lanka’s government and Tamil Tiger rebels to use the tsunami to unite and to push the Norwegian-backed peace process forward. Japan, the island’s largest foreign aid donor, said […]
Sri Lanka’s ruling Marxists demand probe on foreign tsunami volunteers
Sri Lanka’s main Marxist party, which is part of the government, demanded a probe Tuesday into foreigners involved in tsunami relief and accused Tiger rebels of importing war-machinery under the guise of aid.Sri Lanka’s main Marxist party, which is part of the government, demanded a probe Tuesday into foreigners involved in tsunami relief and accused […]
Up and Away
Consumer prices in the twelve months ending January 2005, rose to 14.6 % from 13.8 % in December 2004, continuing last year’s rising price trend into the New Year. Consumer prices in the twelve months ending January 2005, rose to 14.6 % from 13.8 % in December 2004, continuing last year’s rising price trend into […]
Treasury Secretary says tsunami reconstruction over the medium term will be inflation neutral but humanitarian efforts will get priority
Treasury Secretary says tsunami reconstruction over the medium term will be inflation neutral but humanitarian efforts will get priority now even if it affects prices.Treasury Secretary says tsunami reconstruction over the medium term will be inflation neutral but humanitarian efforts will get priority now even if it affects prices. Dr. P B Jayasundera says labor […]
Power struggle over tsunami aid to Tiger territory: sources
A battle for control of tsunami relief aid has dimmed prospects of reviving Norwegian-backed peace talks between Tamil Tiger rebels and the Colombo government, sources close to the rebels said Sunday.A battle for control of tsunami relief aid has dimmed prospects of reviving Norwegian-backed peace talks between Tamil Tiger rebels and the Colombo government, sources […]