Sri Lanka expects $1.5 billion foreign direct investment (FDI) through its first tourist city project, that includes four five-star hotels comprising 2,300 rooms, the government said on Thursday. The planned hotel city at an 80 hectare site in Katana, a coastal town 15 km from commercial capital Colombo, is the latest destination where the island… Continue reading Sri Lanka sees $1.5 bln FDI for first post-war hotel city
Author: Reuters
Sri Lanka says has secured $1.2 bln tourism investment
Sri Lanka’s tourism industry has secured $1.2 billion foreign investment this year due to a post-war tourism boom and has raised its investment target to $3 billion within the next five years, an official said on Friday. The end of the 25-year war in May 2009 has boosted the $50 billion economy’s leisure industry, making… Continue reading Sri Lanka says has secured $1.2 bln tourism investment
Sri Lanka Tamil party says military attacked its poll campaign
Sri Lanka’s main ethnic minority Tamil party on Thursday said the military had attacked its campaign events in the former war zone in the north to create a climate of fear ahead of the first local government polls in 26 years. Legislators of the Tamil National Alliance (TNA), which backed the now defeated Tamil Tiger… Continue reading Sri Lanka Tamil party says military attacked its poll campaign
UK says Sri Lanka must act on war atrocity claims
Sri Lanka must investigate allegations of atrocities committed during its civil war after more video footage was aired claiming to show "horrific scenes" of bound prisoners being executed, Britain said on Wednesday. British Foreign Office Minister Alistair Burt said a failure to probe the claims of human rights abuses at the end of the 25-year… Continue reading UK says Sri Lanka must act on war atrocity claims
U.N. chief Ban Ki-moon is no stranger to criticism
South Korean diplomat Ban Ki-moon is virtually assured of securing a second five-year term as U.N. chief, but he has been no stranger to criticism since he took the helm of the world body in January 2007. Ban formally announced his candidacy for the post of U.N. secretary-general on Monday. So far no other candidate… Continue reading U.N. chief Ban Ki-moon is no stranger to criticism
Clashes erupt in Sri Lanka over pension plan, 23 hurt
Sri Lanka’s trade unions on Monday threatened to shut down the Indian Ocean nation’s free trade zones after clashes between police and workers striking over a proposed private pension plan left at least 23 injured. Police said they fired tear gas and live ammunition while scuffling with several thousand striking employees at the free trade… Continue reading Clashes erupt in Sri Lanka over pension plan, 23 hurt
Sri Lanka begins military-led training for university entrants
(Reuters) – Sri Lanka on Monday began compulsory military-led training for thousands of university entrants, despite protests by opposition-backed student unions that called it the government’s latest move to militarise the country. President Mahinda Rajapaksa’s government has ordered 22,000 university entrants to attend what it calls "leadership and positive-thinking training" for three weeks at 28… Continue reading Sri Lanka begins military-led training for university entrants
Tamil Tiger faction head questioned in Norway-Sri Lankan media
A Sri Lankan-born Tamil has been questioned in Norway as part of a Dutch probe into extortion by the Tamil Tigers and Sri Lankan media on Friday identified him as the leader of one the defeated separatist group’s most powerful remaining factions. Sri Lankan media said that Perinbanayagam Sivaparan, also known as Nedivayan, was taken… Continue reading Tamil Tiger faction head questioned in Norway-Sri Lankan media
U.S. wants Sri Lanka to act first on wartime rights violations
The United States urged on Wednesday Sri Lanka’s government to hold anyone responsible for wartime rights violations accountable and warned that an international investigation could be an option if it failed to do so. The Indian Ocean nation is under renewed pressure to address allegations its troops killed thousands of civilians and committed war crimes… Continue reading U.S. wants Sri Lanka to act first on wartime rights violations
Sri Lanka says U.N. war crimes report threatens peace efforts
Sri Lanka on Wednesday said the publication of U.N.-appointed panel’s report blaming it for thousands of civilian deaths at the end of its civil war threatens peace-building efforts and is motivated by the political agenda of "interested parties." The United Nations on Monday published the findings of a three-member panel Secretary-General Ban Ki-moon appointed to… Continue reading Sri Lanka says U.N. war crimes report threatens peace efforts
