Busines 21 August 2011
The government of Sri Lanka has granted a $10m (£6.1m) import credit to the Republic of Maldives.
Analysts say the agreement signed in Colombo on Thursday during a visit to the island by President of Maldives, Mohammed Nasheed, is mutually beneficial to both countries.
Analysts say the agreement signed in Colombo on Thursday during a visit to the island by President of Maldives, Mohammed Nasheed, is mutually beneficial to both countries.
The Maldives archipelago which mainly relies on the tourism industry is currently facing a foreign exchange crisis, according to Amal Jayasinghe, the AFP bureau chief in Colombo. Full Story>>>
The Maldives have a seevere shortage of foreign exchange
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War Widows, A Legacy Of The Civil War
Monday, August 22, 2011
By Dinouk Colombage
The social upheaval caused by the Sri Lankan civil war is being clearly seen through the enormous number of widows living in the North and the East of the island. The government recently released a statistic which stated that there are over 59,000 war widows residing in those regions.
TNA MP, Suresh Premachandran has vehemently denied this, claiming that the figure stands much higher.
Read More »TNA MP, Suresh Premachandran has vehemently denied this, claiming that the figure stands much higher.