Sri Lanka has released more than half of the thousands of displaced civilians held in government camps after the end of the country’s ethnic conflict earlier this year, a minister said Friday. "We feel the security situation has eased considerably now to allow people to return to their homes," Human Rights minister Mahinda Samarasinghe told… Continue reading ‘Sri Lanka has released half of war-displaced’
Author: AFP
SLanka’s ex-army chief vows to ‘restore’ democracy
Sri Lanka’s former top military officer who resigned last week promised on Friday to "fight for democracy" amid reports he will challenge the president at upcoming elections. General Sarath Fonseka, who quit as chief of defence staff following a spat with President Mahinda Rajapakse, said he was committing himself to restoring the democratic rights of… Continue reading SLanka’s ex-army chief vows to ‘restore’ democracy
58,000 homeless after Sri Lanka flash floods
Nearly 60,000 people were left homeless in Sri Lanka Thursday following flash floods in the capital Colombo and the suburbs, an official said. "We have a list of over 58,000 individuals who were left homeless in and around Colombo," Kodipillai said, adding that they were being housed in public buildings. Thousands of homes were flooded… Continue reading 58,000 homeless after Sri Lanka flash floods
Sri Lanka cuts interest rates to five-year low
Sri Lanka’s central bank on Wednesday cut its key interest rates to a five-year low in a bid to boost economic growth as the island recovers from decades of ethnic violence. The Central Bank of Sri Lanka lowered its benchmark repurchase rate by 50 basis points to 7.50 percent, while the reverse repurchase rate was… Continue reading Sri Lanka cuts interest rates to five-year low
Sri Lanka issues banknote to mark end of war
Sri Lanka on Tuesday released a banknote to mark the end of the country’s 37-year separatist war, following the crushing of Tamil Tiger rebels in May, the central bank said. The first commemorative banknote in the 1,000-rupee (nine dollars) denomination was given to President Mahinda Rajapakse on Tuesday, the bank said in a statement. "The… Continue reading Sri Lanka issues banknote to mark end of war
Unease at Sri Lanka general’s presidential ambitions
Hailed as a hero for ending decades of civil war, Sri Lanka’s most decorated general now looks set to challenge for the presidency — a move that some analysts view with deep foreboding. General Sarath Fonseka led the Sri Lankan army’s May victory over the separatist Tamil Tigers, achieved in a brutal showdown that eliminated… Continue reading Unease at Sri Lanka general’s presidential ambitions
Sri Lanka’s African slave families fade away
In a village deep in west Sri Lanka, one of the island’s few remaining communities of African descent breaks into song — a poignant elegy to a disappearing culture. The music starts with a slow, gentle rhythm played on a tambourine, spoons and coconut shells, before it builds to a climax with dancers swinging their… Continue reading Sri Lanka’s African slave families fade away
Coup fears led to crisis: Sri Lanka’s top general
Sri Lanka’s government sidelined top general Sarath Fonseka because of fears he would launch a coup, he wrote in a bitter resignation letter ahead of an expected election battle with the president. The letter, seen by AFP on Friday, criticises the government for a host of failings, including its inability to "win the peace" after… Continue reading Coup fears led to crisis: Sri Lanka’s top general
Sri Lanka’s boat people: Dying to strike it rich
For 50 young Sri Lankans who had paid up to 1,500 dollars each for the chance of a new life, a five-week voyage in the hold of a fishing boat ended in an Australian camp for illegal migrants. Their families had sold property and whatever other assets they had to fund the journey which was… Continue reading Sri Lanka’s boat people: Dying to strike it rich
IMF warns Sri Lanka against borrowing
The IMF on Monday warned Sri Lanka against issuing government bonds to build up foreign currency reserves after it released the second instalment of a 2.6-billion-dollar bailout. The International Monetary Fund said Colombo’s reserves were at a "comfortable position" having slumped to a historic low of one billion dollars earlier this year, but cautioned against… Continue reading IMF warns Sri Lanka against borrowing
