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

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JU students boycott lectures following death threat to fellow students by SLA

The students of the Art Faculty of Jaffna University abstained from attending lectures Monday morning following death threats to four of their fellow students from Vadamaraadchi by Sri Lanka Army (SLA) Intelligence Unit officers who had taken them away from their houses for interrogation to an SLA camp and assaulted them besides issuing death threats,… Continue reading JU students boycott lectures following death threat to fellow students by SLA

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Lanka Prez poll scene still murky

The United National Party (UNP) will take a decision on supporting the candidature of Gen Sarath Fonseka, currently Chief of Defence Staff, in the coming Sri Lankan presidential election, only after its leader, Ranil Wickremesinghe, returns from New Delhi. A top UNP source told Express here on Sunday that the issue was clouded. “As on… Continue reading Lanka Prez poll scene still murky

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Australia tackles refugee source

The Australian foreign minister, Stephen Smith, is to meet senior Sri Lankan leaders in Colombo to discuss ways of tackling people-smuggling. His visit comes amid a stand-off in Indonesia involving nearly 80 Tamil asylum seekers. They are refusing to leave an Australian vessel that rescued them last month. The Australian authorities say the end of… Continue reading Australia tackles refugee source

Sri Lankan Navy opens fire on Kottaipattinam fishermen

Sri Lankan Navy was reported to have opened fire at a boat on which fishermen of Pudukottai district had ventured into sea on Saturday. All the three fishermen had a providential escape, although the glass windscreens of the boat were extensively damaged. According to official sources, over 700 fishermen from Kottaipattinam, a coastal village about… Continue reading Sri Lankan Navy opens fire on Kottaipattinam fishermen

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LTTE welcomes all diaspora ballots

The Liberation Tigers of Tamil Eelam (LTTE) in a press statement issued on Monday welcomed all the current democratic moves in the diaspora, such as referendum on Vaddukkoaddai Resolution, Country Councils and Transnational Government and said that even if one of the efforts is at shortfall, it will affect all the others. “These are democratic… Continue reading LTTE welcomes all diaspora ballots

Sri Lankan election candidate named – Australia Network News

Sri Lanka’s sidelined military chief, General Sarath Fonseka, will reportedly stand against President Mahinda Rajapakse in elections to held before April. The Sunday Times newspaper reports General Fonseka, who’s credited with crushing Tamil Tiger separatists earlier this year, had been chosen by a consortium of opposition parties to be their presidential nominee. General Fonseka has… Continue reading Sri Lankan election candidate named – Australia Network News

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Australia urges Sri Lanka reforms, reconciliation

Australia on Sunday urged Sri Lanka, having defeated the Tamil Tigers in May, to now embrace political reform and reconciliation to stem the flow of asylum seekers leaving the country. Foreign Minister Stephen Smith will meet his Sri Lankan counterpart Rohitha Bogollagama in Colombo on Monday amid a standoff in Indonesia involving 78 Tamil asylum… Continue reading Australia urges Sri Lanka reforms, reconciliation

“Opposition cashing in on Fonseka’s popularity”

"He will never join forces who have been in constant touch with the LTTE" A Minister in the Sri Lankan government told Parliament on Friday that though the government did not fear any common candidate proposed by the opposition for the next presidential election, it hoped that Chief of Defence Staff Sarath Fonseka would not… Continue reading “Opposition cashing in on Fonseka’s popularity”

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Government has to get the support of the South first to solve Tamil ethnic issue – Vasudeva Nanayakkara

Senior Advisor to Sri Lanka President Mahinda Rajapakse and a veteran Sinhalese politician, Vasudeva Nanayakkara, said that the government has to get the support of the people in the South of the country to solve the problems of the Tamils, in response to questions raised by the members of Jaffna Traders’ Association (JTA) in a… Continue reading Government has to get the support of the South first to solve Tamil ethnic issue – Vasudeva Nanayakkara

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