Presidential Talks
President Chandrika Kumaratunga has revived her call for a national government and re-assured that Parliament will be re-opened and the 2004 budget …
All News
State of What?
Confusion looms over the state of emergency, with the Government Printer saying the President had asked him not to issue the gazette notification …
Hot Air
Tourism officials played down government claims of 2000 tourists cancelling bookings, after political chaos and reports of beefed up …
Holding Hands
In 2001, many a Sri Lankan and some foreign residents here at the time, dropped what they were doing, to hold hands on the streets instead. There …
Ranil Talks Back
Prime Minister Ranil Wickremesinghe on his return from the United States says his immediate priority is to ensure the peace process is not …
Soft Landing
Software giant Microsoft Corp on Wednesday announced a multi-million dollar tie-up with Sri Lanka, to provide education, training and an eventually …
Rotting Deal
The Finance Minister in an emergency meeting with the press on Wednesday said fertiliser subsidies was to be increased significantly from the Rs. 2 …
State Freeze
The President on Wednesday declared a State of Emergency, a day after she sacked three key ministers and suspended Parliament. President Kumaratunga …
Buying Support
The Sri Lanka Muslim Congress (SLMC) leader Rauff Hakeem says his party will back the UNF government only on conditions put forward by his party. …
Higher Warnings
The Supreme Court ruled on Wednesday that the President enjoys supreme, inalienable powers relating to defence of the country. rnThe ruling comes one …
Free Fall
Investors are bracing for a brutal fall in share prices in Thursday trading, following up on the over 18 percent drop in the ASPI over two days. The …
Oval Blessings
President George W. Bush on Wednesday praised Sri Lankan Prime Minister Ranil Wickremesinghes "leadership," a day after President Chandrika …
Tour Advisory
A top-rung tourism taskforce is already monitoring the ongoing political chaos and to map out salvage plans in the event of a worsening …
No-Fly Zone
Britain has issued a travel advisory to Sri Lanka and the up-coming tour of the English cricket team put off as the country slipped further into …
Small Wallet — Updated
Sri Lanka is tipped to head for a mini budget as signs of the UNF budget making its way to Parliament this year, diminish.rnrnrnGovernment finances …
Crash
The Colombo stock market took a plunge as President Chandrika Kumaratunga sacked three key ministers and took over the portfolios of Defence, …
High Altitude
lquote Countdown to takeoff; passengers are now boarding for the first commercial Hot Air Balloon flights, taking off over Sigiriya this Saturday.The …
Starlight
Dubai-based Emirates Airline has set its sights on the stars -- literally -- to help it offer new levels of comfort and enjoyment to travellers on …
Calling All Buyers
The market is climbing up, with analysts seeing investment oppurtunities, urging buyers to return to the market.rn"Fundamentally stocks are trading …
US Backs Premier
Suspension of parliament, other actions possibly detrimental to peace, says State Department Spokesman on Wednesday.U.S. State Department Deputy …
Peace Accord Holds
The Norwegian-brokered ceasefire pact between the Sri Lankan government and Tamil Tiger guerrillas will stand despite President Chandrika Kumaratunga …
Report Card
Effective steps to create a tax compliance culture, focus revenue generation measures where there is a capacity to pay and to target relief measures …
Uphill Battle
Despite a recent economic upturn, Sri Lankas somewhat under developed capital market are yet to pose a serious competition to the local banking …
Fund Manager
The state is gunning for a Rs. 9 billion cut in interest costs for 2004, after making a Rs. 4 billion saving in 2003. Deputy Finance Minister Bandula …