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Election promises set to cost Sri Lanka’s new president
Sri Lanka’s socialist president-elect Mahinda Rajapakse has set himself a challenge to deliver the raft of subsidies he promised voters in South Asia’s most liberal and war-battered economy, analysts said Friday.Sri Lanka’s socialist president-elect Mahinda Rajapakse has set himself a challenge to deliver the raft of subsidies he promised voters in South Asia’s most liberal […]
Bloodbath on Sri Lanka’s tiny bourse
Sri Lanka’s tiny stockmarket plunged when trading opened on Friday as investor dumped stocks on news that premier Mahinda Rajapakse had taken an early lead in Thursday’s presidential poll, brokers said.Sri Lanka’s tiny stockmarket plunged when trading opened on Friday as investor dumped stocks on news that premier Mahinda Rajapakse had taken an early lead […]
Tamil Tigers outfox dove to dim Sri Lanka peace hopes
Sri Lanka’s Tiger rebels deliberately ditched the man who signed a truce with them and cleared the way for his hawkish rival to win the presidency in a calculated move that has dashed peace hopes, analysts said Friday.Sri Lanka’s Tiger rebels deliberately ditched the man who signed a truce with them and cleared the way […]
Peace hopes dim as socialist PM wins Sri Lanka presidency
Prime Minister Mahinda Rajapakse on Friday officially won Sri Lanka’s tightly-fought battle for the presidency in a victory which analysts said dimmed the island’s peace hopes.Prime Minister Mahinda Rajapakse on Friday officially won Sri Lanka’s tightly-fought battle for the presidency in a victory which analysts said dimmed the island’s peace hopes. Rajapakse, a socialist who […]
‘s new president
Sri Lanka’s socialist president-elect Mahinda Rajapakse has set himself a challenge to deliver the raft of subsidies he promised voters in South Asia’s most liberal and war-battered economy, analysts said Friday.Sri Lanka’s socialist president-elect Mahinda Rajapakse has set himself a challenge to deliver the raft of subsidies he promised voters in South Asia’s most liberal […]
UNP cries fowl, says call for re-poll in north was rejected
The defeated UNP camp says its is seeking legal advise on taking the elections chief to courts for turning down their call for a re-poll in the North. The defeated UNP camp says its is seeking legal advise on taking the elections chief to courts for turning down their call for a re-poll in the […]
Sri Lanka stocks plunged to record lows
Sri Lankan stocks crashed nearly seven percent at Friday’s close as socialist President-elect Mahinda Rajapakse narrowly beat a market-friendly favourite, brokers said. Sri Lankan stocks crashed nearly seven percent at Friday’s close as socialist President-elect Mahinda Rajapakse narrowly beat a market-friendly favourite, brokers said. The benchmark All Share Price index plunged 174 points to 2,325, […]
Polls chief asks presedent elect to let him quit
Elections Commissioner Dayananda Dissanayake made a humble plea or in his words ‘a final request’ from the new President on Friday, asking to let him retire in peace at least now. Elections Commissioner Dayananda Dissanayake made a humble plea or in his words ‘a final request’ from the new President on Friday, asking to let […]
Current cabinet will stay for now
UPFA officials say the current cabinet of ministers will be sworn in as is, as there will be no immediate change to the government decision making body. UPFA officials say the current cabinet of ministers will be sworn in as is, as there will be no immediate change to the government decision making body. The […]
Socialist PM wins Sri Lankan presidency
Socialist Prime Minister Mahinda Rajapakse won Sri Lanka’s tightly-fought battle for the presidency, results showed Friday as the stock market reacted with a record crash amid fresh violence.Socialist Prime Minister Mahinda Rajapakse won Sri Lanka’s tightly-fought battle for the presidency, results showed Friday as the stock market reacted with a record crash amid fresh violence. […]