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Moody’s downgrades Sri Lanka’s sovereign rating two notches to Caa1

Moody’s downgrades Sri Lanka’s sovereign rating two notches to Caa1

Moody’s Investors Service has downgraded Sri Lanka’s sovereign rating two notches to Caa1, from B2, citing wide budget deficits, slow reforms and weak institutions.

“Governance Read more…

Sri Lanka to introduce AliPay to attract Chinese

Sri Lanka to introduce AliPay to attract Chinese

Sri Lanka is looking at the possibility of introducing AliPay to the market in a bid to encourage more Chinese travellers to visit the country Read more…

39 petitions filed challenging 20th Amendment; SC to consider petitions on 29th Sept.

39 petitions filed challenging 20th Amendment; SC to consider petitions on 29th Sept.

39 petitions have been filed with the Supreme Court of Sri Lanka challenging the 20th Amendment to the Constitution.

Monday’s petitions were filed by;

Read more…

TNA leader falls ill leaving party activities temporarily suspended

TNA leader falls ill leaving party activities temporarily suspended

As the Leader of the Tamil National Alliance, parliamentarian R. Sampanthan has suddenly fallen ill again, the party has taken steps to suspend several decisions, Read more…

“Sinhala Buddhist President” should stop Tamil extremists: Ampitiye Sumanarathna Thero

“Sinhala Buddhist President” should stop Tamil extremists: Ampitiye Sumanarathna Thero

Ampitiye Sumanarathna Thero of the Batticaloa Mangalarama Buddhist Temple speaking from the site of the harthal in the Batticaloa town, highlighted that necessary security action Read more…

Alliance appeal, India’s policy should be changed.
22 Jan
2013
Written by TELO Admin

Alliance appeal, India’s policy should be changed. »

Tamil National Alliance Parliament Member Suresh Premachandran said Liberation Tigers of Tamil Eelam is not existence; hence India should expedite to change its Read more…

US embassy disturbed by threats to civil society
22 Jan
2013
Written by TELO Admin

US embassy disturbed by threats to civil society »

In a statement today (Jan. 22), the United States Embassy in Colombo says it is disturbed by the series of threats and attacks Read more…

Cameron and some heads will not attend commonwealth summit
22 Jan
2013
Written by TELO Admin

Cameron and some heads will not attend commonwealth summit »

The London Times said British Prime Minister David Cameron and some other unnamed  Commonwealth leaders are likely to boycott the planned meeting of Read more…

Another resolution?
20 Jan
2013
Written by TELO Admin

Another resolution? »

The United States of America and India are exploring the possibilities of ‘passing another resolution’ on Sri Lanka at the next UN Human Read more…

High – profile delegation from the US to visit Lanka
20 Jan
2013
Written by TELO Admin

High – profile delegation from the US to visit Lanka »

A three-member high profile delegation from the United States of America is expected to arrive in the Sri Lanka in the coming weeks, Read more…

Tamils Living In ‘Oppressive Environment’ – Karunanidhi
20 Jan
2013
Written by TELO Admin

Tamils Living In ‘Oppressive Environment’ – Karunanidhi »

Claiming that Tamils in Sri Lanka were living in an ‘oppressive environment,’ DMK chief M Karunanidhi today sought Centre’s intervention to ‘stop this Read more…

Hartal in Batticaloa over demarcation
18 Jan
2013
Written by TELO Admin

Hartal in Batticaloa over demarcation »

A hartal was carried out in certain areas of the Batticaloa District over a proposed move to cluster certain Tamil villages with existing Read more…

EU calls on Sri Lanka to ensure safety of impeached judge
18 Jan
2013
Written by TELO Admin

EU calls on Sri Lanka to ensure safety of impeached judge »

The European Union Friday called on the Sri Lankan government to ensure the safety of the impeached Chief Justice Shirani Bandaranayake and other Read more…

SL’s explanations not satisfactory: US State Department
17 Jan
2013
Written by TELO Admin

SL’s explanations not satisfactory: US State Department »

The United States said the Sri Lankan governments ‘explanation’ on the impeachment of Chief Justice Dr. Shirani Bandranayake was not “satisfactory in terms Read more…

France sees signs of communal tensions in northern Sri Lanka
17 Jan
2013
Written by TELO Admin

France sees signs of communal tensions in northern Sri Lanka »

France said Thursday that there are signs of communal tensions in northern Sri Lanka, particularly in the town of Mannar.French Ambassador to Sri Read more…