Economy

Sri Lanka asks Norway to save peace bid, as ambassador visits the north

Sri Lanka has asked Norway to keep trying to broker peace with Tamil Tiger rebels amid a recent spate of violence which has killed 29 and raised fears that the …

Tax breaks to push investments outside Colombo

Sri Lanka’s 2006 budget starts off on its new tax regime with a tax exemption for the island’s favourite pastime, cricket. online pharmacy buy abilify with …

Sri Lanka asks Norway to keep up peace bid

Sri Lanka's new President Mahinda Rajapakse has asked Norway to keep trying to broker peace with Tamil Tiger rebels despite an election vow to review Oslo's …

‘Controlled’ violence claims 29 lives in Sri Lanka

The latest wave of violence has claimed the lives of 17 troops and 12 others and the Sri Lankan government sought foreign help to salvage a tottering truce, …

Norway sets terms to keep up Sri Lankan peace bid

OSLO, Dec 7 (AFP) - Norway's government on Wednesday said it would agree to a Sri Lankan request to relaunch its bid to broker peace between Colombo and Tamil …

Sri Lanka asks Norway to save peace bid amid war fears

Sri Lanka said Wednesday it has asked Norway to keep trying to broker peace with Tamil Tiger rebels, amid a recent spate of violence which has killed 29 and …

Sri Lanka tightens defences amid fears for truce

Sri Lanka's top military brass held emergency talks with field commanders Wednesday amid fears that a truce with Tamil Tiger rebels was in danger of collapse …

US concerned about ceasefire agreement violations

The US “gravely concerned” about ceasefire agreement violations in Sri Lanka over last few days. online pharmacy buy diflucan with best prices today in the …

Stocks dip on news of second attack on military

Update Colombo stocks dipped sharply as suspected Tamil Tigers carried out a second land mine attack on a Sri Lankan Army tractor killing six soldiers. Update …

US$ 50 million ADB loan to upgrade Sri Lanka’s crowded cities

Asian Development Bank (ADB) approves US$ 50 million loan to upgrade infrastructure in Sri Lanka’s crowded cities. Asian Development Bank (ADB) approves US$ …

Death toll hits 22 in Sri Lanka violence, mine blasts threaten truce

Seven Sri Lankan soldiers were killed Tuesday in a landmine attack in the northern town of Jaffna, the second major attack blamed on Tamil Tiger rebels in …

Sri Lanka needs to focus on a better macro-economic policy matrix to face the challenges ahead

Though Sri Lanka badly needs higher levels of investment, to boost growth and reduce poverty, economists are warning that chronic macro-economic instability is …

Sri Lanka army chief seeks talks with Tigers amid blasts

Sri Lanka's new army chief took command Tuesday with a call for talks with Tamil Tiger rebels to defuse tension in the northern town of Jaffna after 14 …

Sri Lanka accuse Tigers of ‘stealth war’ as death toll hits 27

Sri Lanka on Tuesday accused Tamil Tiger rebels of unleashing a "stealth war" after seven soldiers were blown up in a mine blast in the troubled north, …

Aid scramble wasting Sri Lanka tsunami relief, think-tank says

International and local charities have wasted aid money meant for tsunami relief and slowed reconstruction efforts in Sri Lanka, an independent think-tank said …

Sri Lanka army warns Tamil Tigers as bloody attacks spike

Sri Lanka's outgoing army chief on Monday accused Tamil Tiger rebels of trying to provoke the military with a series of truce-breaking attacks that killed 12 …

Mine blast rocks Sri Lanka truce, monitors urge calm

Six soldiers were killed in a landmine blast in northern Sri Lanka Sunday, the military said amid an upsurge in violence that prompted Scandanavian truce …

Sri Lanka is in danger of running short of tsunami reconstruction funds, even if the US$ 3.2 billion pledged aid is fully utilised

Sri Lanka's tsunami reconstruction costs have jumped by about 60 percent and the island is in danger of running short of funds, even if the US$ 3. online …

59 Sri Lankans arrested on attempted US visa fraud

The US Embassy says 59 Sri Lankans were arrested this year so far, on attempted visa fraud.buy elavil online buy elavil online no prescription The US Embassy …

Sri Lanka civil war could reverse tsunami recovery: Clinton

The visiting UN envoy for tsunami recovery, Bill Clinton, warned Sri Lanka that a return to civil war in the island could undo efforts to rebuild after last …