ICRC cuts back S.Lanka operations after govt order

The Red Cross on Monday announced the closure of four offices in Sri Lanka following a government order to foreign aid agencies to scale down operations. The International Committee of the Red Cross (ICRC) said its four offices in the embattled eastern province were closed at the weekend. "The ICRC reaffirms its commitment to meet… Continue reading ICRC cuts back S.Lanka operations after govt order

Sri Lanka Clears Military In Massacre Of 17 Aid Workers

Sri Lanka’s top rights panel has cleared the military of killing 17 employees of a French charity in 2006 and ordered more compensation for the families of the victims, press reports said Tuesday. The Commission of Inquiry in its final report to President Mahinda Rajapakse said neither the army nor the navy was present in… Continue reading Sri Lanka Clears Military In Massacre Of 17 Aid Workers

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Sri Lanka’s need for IMF wanes: Central Bank

Sri Lanka’s central bank chief said Saturday that the island could live without a major IMF bailout that had been delayed by the final stages of the government’s fight with Tamil Tiger rebels. The government had requested the 1.9-billion-dollar loan in March to help stave off its first balance of payments deficit in four years… Continue reading Sri Lanka’s need for IMF wanes: Central Bank

Sri Lanka carves out economic zone for China

Sri Lanka on Tuesday granted Chinese companies a separate economic zone on the island which has just ended nearly four decades of ethnic bloodshed. China’s Huichen Investment Holdings Limited will manage and bring new investments into the Mirigama zone, some 55 kilometers (34 miles) north of Colombo, for a period of 33 years, officials said.… Continue reading Sri Lanka carves out economic zone for China

US warns travellers of S.Lanka terror attack risk

The United States issued Sunday a warning for its nationals travelling to or in Sri Lanka about the risk of possible terror attacks despite the recent crushing of Tamil Tiger separatists. Sri Lanka defeated the Tamil Tigers last month but rebel remnants still posed a threat and could carry out assaults, the state department said… Continue reading US warns travellers of S.Lanka terror attack risk