Economy & Markets

Soft Stand

Sri Lankas Tamil Tigers told Norwegian peace brokers Monday they were willing to resume talks based on their plan for self-rule, but warned the new government …

Freedom Day

Police raided a Tamil journalists home in Colombo Monday night, asrnjournalists around the world celebrated World Press Freedom Day.rnrnThe journalist, Sivaram …

Reverse Gear

The Finance Minister toned down talk of increased spending and a bigger budget deficit, as financial market players expressed concern about the possible …

Growing Pains

Central Bank says the economy will grow at 5.5 percent this year if fiscal discipline is maintained.rnrn Governor A.S.Jayawardene said that ceasefire and …

VAT an Act!

The government is expected to amend the Value Added Tax Act to legalize the introduction single tax rate despite opposition to the amendments on political …

Steady Flow

Treasury bill yields remained flat at Mondays auction signaling a steady outlook for short-term interest rates.The Central Bank offered and accepted bids for …

African Roots

rnThe Sri Lankan business community will take lessons from its South African counterparts on how the sector can contribute towards national economic growth …

Blind Corner

Sri Lanka will be hard pressed to meet its key economic targets this year, due to higher international crude oil prices, a protracted drought and new welfare …

Good Job

Early last year, the government had forecasted a 5.5 percent economic growth. The 5.9 percent year on growth for 2003, is the highest since 2000, when the …

First Flush

Sri Lankas new government held its first talks with neighbouring India Thursday ahead of plans to revive stalled peace talks with Tamil Tiger rebelsLakshman …

Reality Check

Treasury Bond yields touched 8.06 percent at this weeks auction for paper maturing in 316 days.The yield is slightly above one-year treasury bill notes which …

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