Economy & Markets

Not For Sale

Sri Lanka will terminate a divestment program initiated by the previous government, the treasury secretary said Friday.But the new government headed by …

Knock Knock

The Colombo Stock Exchange is seeking donor funds to kick-start the derivatives market.The Asian Development Bank (ADB) had earlier helped out with a …

Staying Put

The Central Bank opted not to tinker with its short-term rates for the seventh consecutive month, as inflation bottomed out in lull period of economic …

Sweet Music

Cabinet spokesman, Reginald Cooray says the sweeteners are aimed at those who have put in a minimum five-years of service.rn rnCooray said those who put in …

Checkpoint

Relations between the police and the public are in the dumps. In fact Sri Lankans see the police as the most corrupt public institution in the country. Now …

Slight Tremor

Treasury bill rates perked up at this weeks auction, ahead of the Central Banks monthly Monetary Policy meeting on Thursday.Three month paper rose two basis …

Face To Face

Norways foreign minister met with the top Tamil Tigerrnleader Tuesday in efforts to revive peace talks between the Sri Lankanrngovernment and the guerrillas …

Building Up

Sri Lankas foreign reserves took a 2.2 percent dip in February, slightly above a 5.7 percent drop in January 2004, according to latest data released by the …

Spadework

Prime Minister Mahinda Rajapakse, has told the BBC that peace talks with Tamil Tigers rebels will resume before the end of July.Rajapakse told the BBC Sinhala …

U Too

Top donors like the World Bank and the IMF say Constitutional reforms without a two-third majority in the parliament will not affect their lending program to …

Dim View

Suspected Tamil Tigers shot dead a soldier in eastern Sri Lanka after the rebels warned that Norways renewed efforts to broker peace in the island were in …

First Innings

Former Sri Lankan cricket captain Arjuna Ranatunga Friday mended fences with President Chandrika Kumaratunga and was sworn in as deputy minister of industries, …

Bala Returns

The London-based top Tamil Tiger negotiator returned to Sri Lanka Friday ahead of resuming Norwegian-backed peace talks with the new Colombo government, …

Second Thoughts

India will pursue a comprehensive economic partnership agreement with Sri Lankas new government amid plans for an aid package to rebuild the islands embattled …

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