Sri Lanka vows talks despite sinking of navy craft

Mar. 29 (AFP) – Sri Lanka’s government Wednesday pledged to continue talks with Tamil Tiger rebels despite the killing of eight sailors in a suicide blast and fears the island could slip back to full scale war.Colombo’s chief peace negotiator Nimal Siripala de Silva said Sri Lanka’s government will go ahead with talks next month […]

Tsunami helped to create peace, say UN experts

BONN, Mar.28 (AFP) – Wars were one of the main problems hampering efforts to save lives in natural disasters but catastrophes like the Asian tsunami have helped to promote peace, UN experts said here on Tuesday.The death toll in Sri Lanka, one of the countries hit by the December 2004 tsunami, was aggravated by the […]

‘s top Nordic peace envoys to visit the island next week

Mar. 29 (LBO) – Sri Lanka’s Nordic peace envoys will visit the island next week for a series of meetings with the government and the Tamil Tiger rebels, the Norwegian embassy said Wednesday. New special envoy Jon Hanssen-Baur will make his maiden visit to the island on Monday April 3 for four-days. Hanssen-Baur, a Middle […]

Sri Lanka’s top Nordic peace envoys to visit the island next week

Mar. 29 (LBO) – Sri Lanka’s Nordic peace envoys will visit the island next week for a series of meetings with the government and the Tamil Tiger rebels, the Norwegian embassy said Wednesday. New special envoy Jon Hanssen-Baur will make his maiden visit to the island on Monday April 3 for four-days. Hanssen-Baur, a Middle […]

Sri Lanka mediator to meet rebel negotiator

OSLO, Mar. 28 (AFP) – The top mediator in Sri Lanka’s peace process, Erik Solheim of Norway, will meet with the rebels’ leading negotiator in London on Wednesday to discuss peace progress on the war-torn island, the Norwegian government said.Solheim and Tamil rebel negotiator Anton Balasingham will prepare the groundwork for a meeting between the […]

Post-tsunami boat building not up to par: FAO

ROME, Mar. 28 (AFP) – Thousands of replacement fishing vessels constructed since the Asian tsunami of December 26, 2004 are unsafe and flat-out dangerous, the UN’s Food and Agriculture Organization warned Tuesday.Tsunami-affected countries must “redouble their efforts to ensure that fishing boats built to replace those destroyed during the 2004 disaster meet minimum safety standards,” […]

Sri Lanka bans fishing after gunboat sinking

Mar. 27 (AFP) – Sri Lanka banned deep-sea fishing off its troubled northern coast from Monday, two days after Tiger rebels blew up a navy gunboat and killed eight sailors, a defence official said.The ban would apply to all fishing trawlers and vessels would need written permission from navy chief Wasantha Karannagoda to enter the […]

Sri Lankan begins probe in to suicide sinking of gunboat

Mar.26 (AFP) – Sri Lanka’s navy Sunday began a probe into a Tamil rebel attack on a gunboat that left eight sailors missing, presumed dead, military officials said. The defence ministry said the gunboat was blown out of the water as it approached a suspected Tamil Tiger trawler off the island’s northwestern coast on Saturday. […]

Monitors say gunboat sinking could push Sri Lanka back to war

Mar. 26 (AFP) – Scandinavian truce monitors have said that an alleged Tamil Tiger suicide attack which sank a navy gunboat and killed eight sailors could push Sri Lanka back towards war.The Norwegian-led Sri Lanka Monitoring Mission (SLMM) said they could not accept a denial by the rebel Liberation Tigers of Tamil Eelam (LTTE) of […]

Eight Sri Lankan sailors presumed dead in Tamil Tiger Suicide blast

Mar. 25 (AFP) – Eight sailors from the Sri Lankan navy were presumed killed Saturday when a group of suspected Tiger rebels blew themselves up and sank a navy gunboat that approached their trawler, the military said.Six suspected rebels were killed in the blast. The defence ministry said the sinking of the navy craft was […]

Sri Lanka on path to cut interest rates later this year

Mar. 24 (LBO) — Sri Lanka is likely to cut interest rates later this year, in a backdrop of declining inflation, a top bureaucrat who plays a key role in the country’s fiscal and monetary policies said Thursday. “There has been a consecutive drop in inflation over the past few months, which leaves room for […]

Sri Lanka taps international markets to change debt profile

Mar. 24 (LBO) — Sri Lanka is working on changing its debt profile, replacing old concessional loans with overseas borrowings and re-allocating low yielding foreign loans to other projects, the treasury secretary said Thursday. Treasury Secretary P B Jayasundara said the island was floating an international bond this year to raise between US$500 million to […]

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