Monthly Archives: February 2016

Opponents of India trade deal ‘traitors’: PM

Opponents of India trade deal ‘traitors’: PM

Sri Lankan Prime Minister Ranil Wickremesinghe today branded as “traitors” those opposed to a proposed trade deal with India, a day after the opposition criticised the Economic and Technical Cooperation Agreement (ETCA) as an attempt to “foreignise” the economy. Speaking in southern Hambantota port, Wickremesinghe …

Tamil areas are pockets of poverty

Tamil areas are pockets of poverty

Regions with the highest rate of poverty in Sri Lanka are areas inhabited by Tamils, according to a study of the World Bank. The regions come under the districts of Mannar, Mullaitivu and Kilinochchi in the Northern Province; Batticaloa in the East and plantations in …

Sri Lanka After the Tigers

Sri Lanka After the Tigers

The causeway that links northern Sri Lanka’s mainland to Mannar Island is lined with vast military barracks. They have a nicely settled air about them, with painted flowerpots out front and T-shirts drying on clotheslines. Between the army camps are red-roofed cottages peeping through coconut …

Cenbank raises policy rates

Cenbank raises policy rates

Sri Lanka’s central bank unexpectedly raised its key policy interest rates by 50 basis points (bps) on Friday, saying “certain risks to macroeconomic stability continue.” The Central Bank of Sri Lanka raised the standing deposit facility (SDF) rate to 6.50 percent and the standing lending …

Only Sri Lanka signs up for India’s Saarc satellite plan

Only Sri Lanka signs up for India’s Saarc satellite plan

More than a year after PM Narendra Modi first mooted the idea during the 18th Saarc summit held in Nepal in 2014, only Sri Lanka has formally agreed to join the Saarc satellite project. An Isro official told TOI on Thursday that the remaining six …

Google’s loon touches down in tea plantation

Google’s loon touches down in tea plantation

A Google balloon, part of the company’s high-speed Internet service known as “Project Loon”, crashed in a Sri Lankan tea plantation during its maiden test flight, local police said Thursday. Villages found the deflated balloon with its electronic equipment in the island’s central tea-growing region …

Malaysian Parliamentary Group to visit North

Malaysian Parliamentary Group to visit North

The Malaysian Parliamentary Caucus on Displaced People of Sri Lanka, headed by Sungai Petani MP Johari Abdul, will be visiting war affected areas in the north and east of Sri Lanka to evaluate and observe how much has been done for the Tamil community there, …

Allow to remember war dead

Allow to remember war dead

Tamil people in Sri Lanka’s North want the right to honor their people who died during the decades long civil war that ended in 2009, a senior priest said. Father Pathinathan Josephdas Jebaratnam, vicar general of Jaffna Diocese, said Feb. 17 that Tamils want the …

Wigneswaran objections to Palaly expansion

Wigneswaran objections to Palaly expansion

Northern Province’s Chief Minister C.V. Wigneswaran has raised objections over the renovation of the Palaly airport in the Northern Province, one of the many large infrastructure projects proposed in Sri Lanka with the funding of the Indian government. He has conveyed his position to Prime …

US Congressional Caucus on Ethnic and Religious Freedom in Sri Lanka

US Congressional Caucus on Ethnic and Religious Freedom in Sri Lanka

The US Congressional Caucus on Ethnic and Religious Freedom in Sri Lanka was given an update on the current situation in Sri Lanka and on developments in the UN Human Rights Council, during a briefing in the Longworth House Office Building in Washington DC earlier …