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 […]

Sri Lanka Tigers rule out peace talks stemming from tsunami aid effort

Sri Lanka’s Tamil Tiger rebels Friday ruled out tsunami aid talks leading to political negotiations and warned the government against using the catastrophe for scoring points or strengthening the military.Sri Lanka’s Tamil Tiger rebels Friday ruled out tsunami aid talks leading to political negotiations and warned the government against using the catastrophe for scoring points […]

Panic as Sri Lanka minister triggers fears of another tsunami

Thousands of people living on Sri Lanka’s tsunami-battered coasts fled inland after comments by a minister Thousands of people living on Sri Lanka’s tsunami-battered coasts fled inland after comments by a minister Police and officials said schools were hastily closed in the eastern city of Batticaloa, while people were seen running from the shores in […]

Strong Push

Strong demand for fuel and high global oil prices will give fuel retailer Lanka IOC Ltd.‘s net profit a boost for the nine months ended Dec.31 Strong demand for fuel and high global oil prices will give fuel retailer Lanka IOC Ltd.‘s net profit a boost for the nine months ended Dec. 31 The company […]

Sri Lanka’s trade deficit continues to run wild, egged on by hefty petroleum bills

Despite introducing hefty taxes to curb imports of non-essential items like motor vehicles, Sri Lanka’s trade deficit continued to run wild, egged on by hefty petroleum and investment goods bills, the Central Bank said Thu.Despite introducing hefty taxes to curb imports of non-essential items like motor vehicles, Sri Lanka’s trade deficit continued to run wild, […]

Sri Lanka rules out direct tsunami aid to Tiger rebels

Sri Lanka has ruled out Tamil Tiger rebels receiving direct foreign aid to be distributed among tsunami survivors and said all external help must go through Colombo.Sri Lanka has ruled out Tamil Tiger rebels receiving direct foreign aid to be distributed among tsunami survivors and said all external help must go through Colombo. President Chandrika […]

Sri Lanka marks one month after tsunami with silence, day of mourning

Sri Lanka observed a minute’s silence as a sign of respect for the nearly 31,000 people here who perished in the tsunami disaster a full month ago. Sri Lanka observed a minute’s silence as a sign of respect for the nearly 31,000 people here who perished in the tsunami disaster a full month ago. State […]

‘s trade deficit continues to run wild, egged on by hefty petroleum bills

Despite introducing hefty taxes to curb imports of non-essential items like motor vehicles, Sri Lanka’s trade deficit continued to run wild, egged on by hefty petroleum and investment goods bills, the Central Bank said Thu.Despite introducing hefty taxes to curb imports of non-essential items like motor vehicles, Sri Lanka’s trade deficit continued to run wild, […]

The Millennium Challenge Corporation is looking at supporting Sri Lanka’s tsunami reconstruction.

The Millennium Challenge Corporation(MCC) – the US body established to assist developing countries – is looking at supporting Sri Lanka’s tsunami reconstruction.The Millennium Challenge Corporation(MCC) – the US body established to assist developing countries – is looking at supporting Sri Lanka’s tsunami reconstruction. The MCC says Sri Lanka can apply for assistance from its billion-dollar […]

Government aid package for families that lost their homes

The government is doling out up to US$ 500 each for 40,000 families whose homes were completely destroyed by the tsunami.The government is doling out up to US$ 500 each for 40,000 families whose homes were completely destroyed by the tsunami. The government proposes to allocate US$ 200 and a cash advancement of US$ 300 […]

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