Category: Economy and Markets
Tigers quit Sri Lanka town, bomb hurled at tsunami relief centre
A bomb exploded at a tsunami relief centre in volatile northeast Sri Lanka, wounding nine civilians while 12 soldiers were wounded in separate grenade attacks, officials said.A bomb exploded at a tsunami relief centre in volatile northeast Sri Lanka, wounding nine civilians while 12 soldiers were wounded in separate grenade attacks, officials said. The pre-dawn […]
Finance Minister says only unspecified funds will go into P-TOMS
Finance Minister Sarath Amunugama says only “non-specified” project funding will go through the post-tsunami aid sharing deal signed with the LTTE.Finance Minister Sarath Amunugama says only “non-specified” project funding will go through the post-tsunami aid sharing deal signed with the LTTE. The minister says as per a memorandum signed in June 13, 2005 only unspecified […]
President appeals for calm as Sri Lanka violence escalates
Sri Lanka’s president has appealed for calm in the restive northeast where bomb attacks have left four dead and more than a dozen wounded since the weekend, and vowed to take tough action against the perpetrators Sri Lanka’s president has appealed for calm in the restive northeast where bomb attacks have left four dead and […]
Killing sparks fresh fears for Sri Lanka truce amid appeal for calm
Sri Lankan troops shot dead a suspected Tamil rebel Thursday, officials said, heightening tensions hours after the president appealed for calm amid fears of a faltering ceasefire.Sri Lankan troops shot dead a suspected Tamil rebel Thursday, officials said, heightening tensions hours after the president appealed for calm amid fears of a faltering ceasefire. Navy sailors […]
‘s Central Bank leaves its interest rates steady
Sri Lanka’s Central Bank left its key interest at current levels after hiking it for two consecutive months, as it looks for signs that inflation may ease up. Sri Lanka’s Central Bank left its key interest at current levels after hiking it for two consecutive months, as it looks for signs that inflation may ease […]
Sri Lanka’s Central Bank leaves its interest rates steady
Sri Lanka’s Central Bank left its key interest at current levels after hiking it for two consecutive months, as it looks for signs that inflation may ease up. Sri Lanka’s Central Bank left its key interest at current levels after hiking it for two consecutive months, as it looks for signs that inflation may ease […]
Bomb hurled at tsunami relief centre in Sri Lanka, 10 wounded
A bomb was thrown at a tsunami relief centre in a volatile northeastern town in Sri Lanka early Wednesday, injuring at least nine civilians and a soldier, police said, blaming the attack on Tamil Tiger rebels. A bomb was thrown at a tsunami relief centre in a volatile northeastern town in Sri Lanka early Wednesday, […]
Eight hurt as strike cripples Sri Lanka district amid Tiger war warning
At least eight policemen and a soldier were wounded in suspected Tamil rebel attacks in strike-bound northeastern Sri Lanka, a day after the guerrillas warned of a return to war. At least eight policemen and a soldier were wounded in suspected Tamil rebel attacks in strike-bound northeastern Sri Lanka, a day after the guerrillas warned […]
‘s Central Bank rejects high bond auction bids
Sri Lanka’s Central Bank rejected bids for eight-year bonds on Tuesday, as the market put in high yields on speculations that interest rates would rise. Sri Lanka’s Central Bank rejected bids for eight-year bonds on Tuesday, as the market put in high yields on speculations that interest rates would rise. Monetary Board member Deva Rodrigo […]
Following a string of assassinations, the United States is urging the government and the Tamil Tigers to rebuild trust and renew peace talks.
Following a string of assassinations, the United States is urging the government and the Tamil Tigers to rebuild trust and renew peace talks.Following a string of assassinations, the United States is urging the government and the Tamil Tigers to rebuild trust and renew peace talks. A new tax on construction projects with retrospective effect from […]
Sri Lanka Tigers mourn slain cadres amid tight security
Tamil Tiger rebels were observing a day of mourning in northeastern Sri Lanka, a day after two of their senior members and two others were killed in a grenade attack, residents said. Tamil Tiger rebels were observing a day of mourning in northeastern Sri Lanka, a day after two of their senior members and two […]
Four killed in attack on Tamil Tiger office in Sri Lanka
Unidentified attackers hurled grenades at an office belonging to Tamil Tiger rebels in northeast Sri Lanka, killing at least four people, a military official said. Unidentified attackers hurled grenades at an office belonging to Tamil Tiger rebels in northeast Sri Lanka, killing at least four people, a military official said. The attackers targeted the office […]