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Sri Lankan president, main rival agree on bipartisan peace approach
Sri Lanka’s president and her main political rival have agreed for the first time to forge a bipartisan approach to the island’s peace process aimed at ending decades of ethnic bloodshed, officials on both sides said Tuesday.Sri Lanka’s president and her main political rival have agreed for the first time to forge a bipartisan approach […]
Life Cover
US based AIG Insurance went to court on Monday, to transfer the life portfolio of its Sri Lankan unit to Sri Lanka Insurance Corp., officials said. US based AIG Insurance went to court on Monday, to transfer the life portfolio of its Sri Lankan unit to Sri Lanka Insurance Corp., officials said. Hayleys AIG – […]
Be Humane
The UN tells IMF, World Bank and World Trade Organisation to respect human rights, instead of only focussing on money. The UN tells IMF, World Bank and World Trade Organisation to respect human rights, instead of only focussing on money. Such international bodies as the World Bank, the International Monetary Fund (IMF) and the World […]
Hanky Panky
Sri Lanka’s main opposition Sunday demanded the postponement of the annual budget until after the presidential vote next month, arguing that the government may use it to boost its electoral fortunes.Sri Lanka’s main opposition Sunday demanded the postponement of the annual budget until after the presidential vote next month, arguing that the government may use […]
Small is beautiful
An Executive Director of TATA in India says Sri Lanka has to look for export led growth as its local market is too small for large-scale demand.An Executive Director of TATA in India says Sri Lanka has to look for export led growth as its local market is too small for large-scale demand. TATA is […]
Back to the Wall
Commercial Bank’s Chairman says he is disappointed at the lack of action by the banking sector regulator as a Extra ordinary General Meeting seeking his ouster drew nearer.Commercial Bank’s Chairman says he is disappointed at the lack of action by the banking sector regulator as a Extra ordinary General Meeting seeking his ouster drew nearer. […]
Conflict of “Interest”
Commercial Bank’s Chairman Mahendra Amarasuriya says he has secured 30 percent shareholder support to back him in next month’s Extraordinary General Meeting (EGM) convened to oust him form the board.Commercial Bank’s Chairman Mahendra Amarasuriya says he has secured 30 percent shareholder support to back him in next month’s Extraordinary General Meeting (EGM) convened to oust […]
White Lies
Presidential race is now in full swing with both candidates releasing their manifestoes. Presidential race is now in full swing with both candidates releasing their manifestoes. Both leading candidates have pledged to achieve economic growth over seven percent but their populist policies may become a barrier in achieving that growth. Economic growth of 8 percent […]
Hold On
An estimated 325,956 telephone lines were pending connections by June 2005, with the bulk of the shortage in the western and southern provinces.An estimated 325,956 telephone lines were pending connections by June 2005, with the bulk of the shortage in the western and southern provinces. Data collected by the telecom watchdog point to an under […]
Central Bank taps primary dealers for ideas
Sri Lanka’s Central Bank has sought views from market players to improve the primary dealer system, in the backdrop of calls to widen the industry’s revenue base. Sri Lanka’s Central Bank has sought views from market players to improve the primary dealer system, in the backdrop of calls to widen the industry’s revenue base. Dealers […]