All News

Flying Visit

The US embassy said Mark S Ward, Deputy Assistant Administrator of the Asia and Near East Bureau, USAIDs highest-ranking official covering South …

Not Now

Sri Lankas Tiger rebels have asked for direct reconstruction aid as a political crisis in the government here stalled their peace process, but donors …

Party Pooper

Sri Lankas system of party politics is accelerating into action with the President clearing the way to stockpile state resources under the Alliance …

Marching Orders

Sri Lanka President Chandrika Kumaratunga has removed 39 non-cabinet rank junior ministers ahead of parliamentary elections on April 2, a spokesman …

Ouch

Nawaloka Hospitals says it is forced to nurse a Rs. 85 mn in debt and interest payments as its initial share issue gets delayed due to political …

Hi Neighbor

More Indian nationals are flocking to the Island than ever before, stirring up the local industry to shift part of their resources to accommodate the …

Roadblock

rnThe sacking of Sri Lankas parliament could hold up at least US$ 176 mn in World Bank aid to the island, whose economy is headed for a serious slow …

In Use

Sri Lankas aid utilisation recorded an all time high of nearly US$ 1bn for 2003 and came close to forecast targets despite a politically volatile …

Trade off

The Comprehensive Economic Partnership Agreement (CEPA) between India and Sri Lanka is looking to be the latest casualty of the political uncertainty …

Second Line

Sitting fifteen floors up at the World Trade Centre (WTC) in Colombo, 350 new IT professionals will reap inspiration to develop solutions for …

No Surprises

The Central Bank left its key short-term rates unchanged on Wednesday, signalling that the countrys economic fundamentals are sound, despite …

Zoo Politics

rnSri Lanka faces another expensive and possibly violent general election nearly four years before its due date leaving the peace process, donor …

Tigers Domain

The LTTE will decide on how it and the territories under its paw would participate in the April 03, 2004 snap polls. The LTTE warned on Monday that …

What Crisis?

Sri Lankas financial markets are likely to remain rudderless as election campaigning starts putting the budding economic recovery on ice.The …

Dont Worry

The UNF government is upbeat of romping back to power with the promise of peace and economic prosperity, despite being caught behind by the …

Central Bank Online

Central Bank went online with scripless security settlement system earlier last week as rate uncertainty kept primary dealers away from the secondary …

Dissolved

President Chandrika Kumaratunga dissolved parliament late Saturday, calling for a snap poll on April 2, to break the bitter political …