Feeling the Pinch
lquote Can the new government summon enough numbers to appoint a Speaker of its choice and announce its policy statement? Speculation is rife in …
All News
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. buy …
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 …
Finding a Cure
Sri Lankas president was in hectic talks to resolve a dispute with her main ally a day ahead of her minority governments first test in parliament, …
Looks Interesting
Taking stock of current ground realities will indicate if the present low interest rate scenario is sustainable says new Treasury Secretary. P. B …
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 …
Cost Increase
Former Treasury Secretary P.B. Jayasundera returned to the post today, ending speculation that Presidential Advisor Mano Tittawella was up for the …
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 …
Local Bound
Local inbound travel operators will have yet another travel distribution system at their disposal to help increase tourist arrivals to a record …
Left Alone
The Central Bank left its key short-term rates unchanged on Thursday, but cautioned that a higher than estimated budget deficit, from 6.8 per cent to …
AA Grade
Fitch Ratings upgraded its rating for Bank of Ceylons (BOC) Implied Long-term unsecured Senior Debt to SL AA (S L Double A) from a SL AA- (S L Double …
Passport to Reforms
People waiting all day in long queues braving the blazing sun to get their passports at the Immigration and Emigration Department is a common sight …
The Lankan Pie
Protecting jobs at home has become a hot issue in the US presidential race as companies there, relocate some business processes looking for lower …
Here We Go Again
Central Bank says non-bank private sector has capacity to absorb nearly Rs.100 billion in extra borrowings but warned any such move will push …
Applying Caution
Sri Lankas top trade chamber said Friday that it will support the new Government, but voiced concern over proposals to expand the public sector and …
Pitching In
Ten flood damaged rural health centres in the Matara district were reopened for patients on Thursday, with a US$18,000 USAID aid injection for …
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. …
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 …
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 …
Eastern Battle
Casualties were suffered on both sides in the first major clash since a split in the guerrilla group, the pro-Tiger Tamilnet.com website said.rnrn …
Musical Chairs
The election of nine Buddhist monks in Sri Lankas elections has sent parliamentary officials scrambling to make suitable seating and dining …
Cosmetic Changes
President Chandrika Kumaratungas United Peoples Freedom Alliance (UPFA) Party is still struggling to secure a Parliamentary majority but they are …
Bad Boys
Transparency International urged for accountability past the polls, with less than ten of the over 5600 candidates that contested, discharging …
Checklist
The Joint Business Forum on Wednesday, while expressing support for the newly elected Freedom Alliance, rolled out what it saw as a list of …