Sri Lanka PM agrees to scrap plans to share power with Tigers

Sri Lankan Prime Minister Mahinda Rajapakse Thursday signed a deal with the main Marxist party under which he agreed to drop plans to share power with Tiger rebels, but said he hoped the move would not lead to a resumption of war. Sri Lankan Prime Minister Mahinda Rajapakse Thursday signed a deal with the main […]

Tigers reject truce talks at Sri Lanka airport

Sri Lanka’s Tamil Tiger guerrillas have rejected peace broker Norway’s call to hold talks on salvaging their fragile truce with the Colombo government at the island’s only international airport Sri Lanka’s Tamil Tiger guerrillas have rejected peace broker Norway’s call to hold talks on salvaging their fragile truce with the Colombo government at the island’s […]

Sri Lanka president and PM at loggerheads over peace moves

Sri Lanka’s outgoing president will press ahead with plans to share power with minority Tamils in exchange for peace even though her prime minister has promised to ditch the plan if he succeeds her, an official said.Sri Lanka’s outgoing president will press ahead with plans to share power with minority Tamils in exchange for peace […]

‘s co-chairs of peace gather in two weeks for extraordinary meeting

Peacebroker Norway said Wednesday that Sri Lanka’s government and Tamil Tiger rebels will be invited to meet soon at the international airport to review their troubled truce, after weeks of haggling over a venue.Peacebroker Norway said Wednesday that Sri Lanka’s government and Tamil Tiger rebels will be invited to meet soon at the international airport […]

July garment imports take a dip

Garment exports dropped two percent to US$ 263 million in July, ending a long growth standing streak due to higher costs and competition after the quote regime ended in 2004.Sector exports for the first seven months are however up 6.4 percent but analysts say stagnant prices and lower imports by the sector indicate further drops. […]

Sri Lanka’s co-chairs of peace gather in two weeks for extraordinary meeting

Peacebroker Norway said Wednesday that Sri Lanka’s government and Tamil Tiger rebels will be invited to meet soon at the international airport to review their troubled truce, after weeks of haggling over a venue.Peacebroker Norway said Wednesday that Sri Lanka’s government and Tamil Tiger rebels will be invited to meet soon at the international airport […]

Sri Lanka to support food aid flexibility at international trade talks.

Sri Lanka to support food aid flexibility at international trade talks, against looming agriculture subsidy reduction shocks.Sri Lanka to support food aid flexibility at international trade talks, against looming agriculture subsidy reduction shocks. With impending cuts on export subsidies due to increase food prices and food aid also under threat, Sri Lanka is putting its […]

Marxists back Sri Lanka PM for presidency, say he agrees to redraft truce

Sri Lanka’s influential Marxist party said Monday it would support Prime Minister Mahinda Rajapakse for the presidency after he promised to drop plans for a federal state, redraft a truce with Tamil Tiger rebels and scrap privatisation. Sri Lanka’s influential Marxist party said Monday it would support Prime Minister Mahinda Rajapakse for the presidency after […]

Government thinking of giving tsunami victims money to buy land

Sri Lanka government says it is thinking of giving tsunami victims money to buy land to rebuild their homes, eight months after the tsunami.Sri Lanka government says it is thinking of giving tsunami victims money to buy land to rebuild their homes, eight months after the tsunami. Sri Lanka’s central tsunami reconstruction agency TAFREN said […]

Government-LTTE stuck on a venue

The Sri Lankan government’s spokesperson said on Thursday, that holding talks with the LTTE in a foreign country, was “not acceptable,” but that a new venue for talks will be decided after the President returns to the island.The Sri Lankan government’s spokesperson said on Thursday, that holding talks with the LTTE in a foreign country, […]

Subtle Pressure

Lanka IOC, a unit of Indian Oil Corp., has quietly slipped the brakes on its expansion drive, as the Sri Lankan government owes US$ 60 million todate by way of fuel subsidies, a top official said Thursday.Lanka IOC, a unit of Indian Oil Corp., has quietly slipped the brakes on its expansion drive, as the […]

Rajapaksa only Sri Lankan candidate at Presidential polls

Sri Lanka’s ruling party says it is lining up political support behind Prime Minister Mahinda Rajapaksa, as the common national candidate for Presidential polls. Sri Lanka’s ruling party says it is lining up political support behind Prime Minister Mahinda Rajapaksa, as the common national candidate for Presidential polls. The Sri Lanka Freedom Party (SLFP), says […]

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