Sri Lanka expects up to US$ 338 million in debt relief and moratoriums in 2005
Sri Lanka expects up to US$ 338 million in debt relief and moratoriums in 2005 form bilateral partners, to help tied over the cost of post-tsunami …
Politics steals the thunder from Sri Lanka’s aid parley
KANDY, Sri Lanka - Sri Lanka's hopes to firm up two billion dollars in pledged tsunami aid at a donor meeting here Monday will be overshadowed by political …
Sri Lanka truce, foreign aid under threat, Japan warns
Sri Lanka faces a "critical period" in its faltering peace process and failure to cut a deal with Tiger rebels over tsunami relief could jeopardise foreign aid …
High Pressure Oil
Indian government is putting high-level pressure on Sri Lanka to pay over US$ 50 million owed to a subsidiary of the Indian Oil Corporation. online pharmacy …
Pledges not the issue, getting the money is
The donor parley meeting in Kandy on May 16-17 will be sweet talked to cough up the remainder of the US$ 2 bn in aid pledged in the aftermath of the December …
US agrees to defer US$ 40 mn in Sri Lanka’s debt, repayable over 4 years
The United States will defer US$ 40 mn in Sri Lanka’s debt for one year, on condition the savings are routed for tsunami relief in affected coastal regions …
World Bank Vice President Praful Patel leads Bank team for aid meet
Vice President of the World Bank Praful Patel will lead the Bank team to Sri Lanka’s aid meet starting Monday, with poverty reduction goals firmly on the …
Stock Exchange to open doors for five new members
The Colombo Stock Exchange is drawing up plans to admit at least five new members, but this time prospective applicants may have to bid for a license. online …
Sri Lanka says no return to war as donors fear for peace process
Sri Lanka vowed Thursday the country would not return to war despite a deadlock in peace talks and failure to strike a deal with Tamil rebels on tsunami relief …
Religious minorities under threat in Sri Lanka: UN official
A top United Nations official Thursday warned that religious minorities in the predominantly Buddhist Sri Lanka could be persecuted under proposed laws aimed …
Trade talks for controls on food aid can hurt aid dependent Sri Lanka
World trade talks on agriculture trade can reduce food aid to countries like Sri Lanka, warns the United Nations. online pharmacy buy ciprodex with best prices …
Private donors pledge over half of US$ 2 bn in tsunami aid
The World Bank says over half of US$ 2 bn in tsunami aid pledges are from private donors, but warns better co-ordination is needed among aid agencies and 200 …
Tigers issue fresh warning as strikes grip Sri Lanka
Shops were closed and public transport ground to a halt in northern and eastern Sri Lanka Tuesday as Tamil Tiger rebels warned that the killing of a Tamil …
Deal Maker
State owned Ceypetco is looking at rolling out its own lubricant brand, even as Caltex tries to clinch another exclusive distribution deal for its fuel sheds …
Sri Lanka President under siege as protests mount from allies, opposition
Pressure mounted on Sri Lanka's president as her key coalition ally Tuesday protested over a proposed deal with the Tamil Tigers on tsunami relief while the …
Japanese envoy to meet Sri Lankan, Tamil leadership on rebuilding funds
A Japanese special envoy is due to arrive here this week for talks with the Sri Lankan president and senior rebels on the risk of losing foreign aid by …
Slippery Deals
The government is in the final stages of negotiation with a US based company interested in building a new oil refinery adjoining the one it operates on the …
Giving Up
Bowing down to trade unions, the government has said it will not ratify a Cabinet paper to restructure the loss making Ceylon Electricity Board, and will …
Partial Blackouts
Engineers of the striking state monopoly power supplier the Ceylon Electricity Board are threatening to pull out base load thermal plants including AES …
Backdoor Move
Ceylon Electricity Board unions staged a walkout on Friday protesting against a Cabinet paper passed two days ago, they say was shoved through the backdoor. …