Economy & Markets

Take Three

The vote to appoint a Speaker to the new Parliament just went into a third round, with the second round scrapped due to pandemonium in parliament. The second …

Tiebreaker

The UNF candidate for Speaker D J M Lokubandara scraped through to the top seat in parliament after a late evening third round vote. The deadlock was broken by …

Milking Money

The new Govt. will try to squeeze out an extra Rs.10 bn from existing revenue collection channels to meet its increased welfare commitments.Treasury officials …

Lost Post

Sri Lankas president was desperately locked in moves to secure allies as her minority government risked losing the crucial Speakers post when it faces its …

Talks Soon

The chief of Sri Lankas Tamil Tigers has asked his 22 proxy legislators in the countrys new parliament to pressure the minority government to open talks based …

Cost Increase

Former Treasury Secretary P.B. Jayasundera returned to the post today, ending speculation that Presidential Advisor Mano Tittawella was up for the post. Though …

Job Watch

After a change of government it is customary to see changes also in the top rung of State departments, corporations and missions abroad.rn rnThe process is …

Surging Demand

An election on top of the April festivities, created a bigger than expected demand for cash this year.Currency in circulation rose by a massive Rs. 18 bn …

Hope & Pray

The JHU (Jathika Hela Urumaya), will make it a priority to introduce a new law to stop Sri Lankans from being persuaded to change their religious beliefs. The …

Showdown

Guerrilla factions have exchanged heavy gunfire in north-eastern Sri Lanka, in the first major clash since an unprecedented split in the Tamil Tiger movement, …

Bad Boys

Transparency International urged for accountability past the polls, with less than ten of the over 5600 candidates that contested, discharging statutory duties …

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