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Appointment of new Sri Lankan cabinet delayed
Sri Lanka’s new president delayed swearing in his cabinet Tuesday because of heavy rains, a government spokesman said, although political sources blamed it on wrangling for top jobs.Sri Lanka’s new president delayed swearing in his cabinet Tuesday because of heavy rains, a government spokesman said, although political sources blamed it on wrangling for top jobs. […]
High Seas
Cost of trade with the west could rise further with shipping cartels plying the Asia-Europe routs tipped to mark up freight rates from December 2006.Cost of trade with the west could rise further with shipping cartels plying the Asia-Europe routs tipped to mark up freight rates from December 2006. The Karmahom Conference, a cartel of […]
Going Three
3G mobile licenses could be on auction as early as first quarter 2006, with a telco watchdog proposed licensing plan currently up for discussion. 3G mobile licenses could be on auction as early as first quarter 2006, with a telco watchdog proposed licensing plan currently up for discussion. The 3G consultancy paper identifies up to […]
Tamils wary of new Sri Lankan president
KILINOCHCHI, Sri Lanka – For Tamils erecting lifesized posters to mark the forthcoming Heroes’ Day, when Tiger rebels remember their fallen, the election of Mahinda Rajapakse as new Sri Lankan president is a matter of concern.KILINOCHCHI, Sri Lanka – For Tamils erecting lifesized posters to mark the forthcoming Heroes’ Day, when Tiger rebels remember their […]
Sri Lanka gets make-love Prime Minister, again
Sri Lanka’s flamboyant new Prime Minister carries a war general label, but he also touts one of the most fertile plans to bring peace to the fractured island — make more babies.Sri Lanka’s flamboyant new Prime Minister carries a war general label, but he also touts one of the most fertile plans to bring peace […]
Sri Lanka get hawkish PM
Sri Lanka’s new president Monday appointed a hard-line nationalist as his prime minister, but delayed naming a new cabinet of ministers, a government spokesman said. Sri Lanka’s new president Monday appointed a hard-line nationalist as his prime minister, but delayed naming a new cabinet of ministers, a government spokesman said. Rajapakse, 60, who was sworn […]
Sri Lankan shares tumble after hawkish PM named
Sri Lanka’s stock market plunged Monday as the new president appointed a hawkish prime minister, raising concern that the country could resume its vicious ethnic war after a nearly four-year ceasefire.Sri Lanka’s stock market plunged Monday as the new president appointed a hawkish prime minister, raising concern that the country could resume its vicious ethnic […]
Tigers mute as Sri Lanka’s peace hopes dim
Sri Lanka’s Tamil Tigers remained mute on peace talks offered by the new president whom they had dubbed the “war candidate” while a pro-rebel newspaper said Sunday new talks were not on the cards.Sri Lanka’s Tamil Tigers remained mute on peace talks offered by the new president whom they had dubbed the “war candidate” while […]
Plantation workers are the poorest segment, despite steady flow of tea dollars
Plantation workers are the poorest segment in the country despite tea being an export crop and heavy private sector involvement in its trade. Government divested ownership in plantation companies in the early 1990’s which led to productivity gains and some improvement in living conditions of workers. But incidence of poverty in estates increased during the […]
Left Turn
Sri Lanka will start a march towards big government under a new left leaning president soon.Sri Lanka will start a march towards big government under a new left leaning president soon. More state jobs and higher investment to undercapitalised business ventures will add to fiscal pressure. Similar circumstances forced the government to print money last […]