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Sri Lanka says at least 35 percent of rice crop destroyed

Posted on the February 8th, 2011 under News by

COLOMBO (Reuters) – Two rounds of flooding in Sri Lanka since January have destroyed at least 35 percent of the staple rice crop, the Agriculture Ministry said on Tuesday, raising the risk of food price inflation. Heavy monsoonal looding since mid-January has killed at least 54 people, and in the latest round this week, displaced [...]

Torrential rain in Sri Lanka kills 11; rice crop at risk

Posted on the February 6th, 2011 under News by

COLOMBO (Reuters) – Heavy rain triggered flooding in Sri Lanka that killed at least 11 people and is threatening up to 90 percent of the staple rice crop, heightening concern about supply shocks and inflation, officials said on Sunday. Heavy monsoon rain caused flooding across the Eastern, Northern and North Central provinces for the second [...]

Sri Lanka media, opposition march to protest attacks

Posted on the January 18th, 2011 under News by

COLOMBO (Reuters) – Several hundred Sri Lankan journalists, opposition politicians and supporters marched peacefully in the capital on Tuesday to demand justice for attacks, killings, and disappearances of media workers, and criticised the government for failing to find the perpetrators. Since the start of the final phase of a 25-year civil war in 2006, at [...]

Sri Lanka flood victims storm govt office over aid

Posted on the January 17th, 2011 under News by

COLOMBO (Reuters) – Hundreds of Sri Lankan flood victims stormed a government office in one of the hardest-hit areas on Monday to demand that aid be distributed, police said. Heavy monsoon rains caused flooding across the island nation last week, killing at least 40 people, leaving 51,400 people in temporary shelters and threatening Sri Lanka’s [...]

Sri Lanka flood death toll rises to 23, crop risk grows

Posted on the January 13th, 2011 under News by

COLOMBO, Jan 13 (Reuters) – The death toll from flooding across a third of Sri Lanka rose to 23 people on Thursday, and another 100,000 people were forced from their homes as heavy monsoon rains lashed the island and threatened food supplies. The Agricultural Ministry said at least 21 percent of Sri Lanka’s staple rice [...]

Sri Lanka flooding kills 18, threatens food supply

Posted on the January 12th, 2011 under News by

COLOMBO (Reuters) – Heavy monsoon rains on Wednesday kept Sri Lanka’s president from visiting areas inundated by flooding that has killed 18 people, forced 196,000 from their homes across a third of the nation, and threatened food supply. Nearly a fifth of Sri Lanka’s rice paddies are either destroyed or under standing water that could [...]

Sri Lanka denies scrapping anthem’s Tamil version

Posted on the December 13th, 2010 under News by

COLOMBO (Reuters) – Sri Lanka’s government on Monday denied reports the cabinet had decided to eliminate the Tamil version of the national anthem, a step that would have echoed past linguistic slights that fuelled a three-decade civil war. President Mahinda Rajapaksa’s government defeated the Tamil Tiger separatists in May 2009, ending a war that had [...]

Sri Lanka aims to double share market cap by 2012

Posted on the November 26th, 2010 under News by

COLOMBO, Nov 26 (Reuters) – Sri Lanka plans to double the Colombo Stock Exchange’s .CSE market capitalisation from the present $19.8 billion over the next two years by listing companies partly owned by the state, the central bank governor said on Friday. Speaking at a Reuters forum in the capital Colombo, Governor Ajith Nivard Cabraal [...]

Indo-Sri Lanka ties not at risk over China-India’s formin

Posted on the November 26th, 2010 under News by

COLOMBO, Nov 26 (Reuters) – Sri Lanka’s relationship with India is not at risk over expanding ties with China or other nations, India’s foreign minister said on Friday. Indian External Affairs Minister S.M. Krishna is on a three-day visit to Sri Lanka to meet President Mahinda Rajapaksa, sign trade and financing deals and open two [...]

Krishna says Indo-Sri Lanka ties not at risk over China

Posted on the November 26th, 2010 under News by

COLOMBO (Reuters) – Sri Lanka’s relationship with India is not at risk over expanding ties with China or other nations, India’s foreign minister said on Friday. Indian External Affairs Minister S.M. Krishna is on a three-day visit to Sri Lanka to meet President Mahinda Rajapaksa, sign trade and financing deals and open two new consulates. [...]

Sri Lanka’s first full post-war budget

Posted on the November 22nd, 2010 under News by

COLOMBO, Nov 22 (Reuters) – Sri Lankan President Mahinda Rajapaksa on Monday presented the island nation’s first full post-war budget with an aim to reduce its fiscal deficit to a 19-year low of 6.8 percent. [ID:nCMB000071] [ID:nSGE6AL0N7] Following are some key changes proposed in it: GOVERNMENT FINANCE * Government targets 2011 fiscal deficit of 6.8 [...]

S.Lankan nurses in job action as labour unrest grows

Posted on the November 10th, 2010 under News by

COLOMBO (Reuters) – Sri Lanka’s government nurses on Wednesday launched the latest in a series of trade union actions targeting President Mahinda Rajapaksa’s administration, which has threatened termination for those who took part in the job action. Rajapaksa has dominated the opposition by winning a landslide January re-election and a two-thirds parliamentary majority, riding on [...]

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