Stinging Response
Sri Lankan authorities Monday sought divine intervention to calm a colony of venomous wasps who stung more than 200 tourists at the fifth-century rock fortress …
What Women Want
Women are climbing the corporate ladder in record numbers but only a handful manages to get top executive positions in big companies.Experts say the numbers of …
Re-Igniting
The insurance watchdog is getting tough with the industry by re-introducing fire tariffs with a few modification starting June 1.Present fire tariffs have not …
Trade Routes
Trade to the North East has taken to the road, washing away business for the seaports in the region. The Trinco harbour saw the number of ships calling there …
Steady Flow
Treasury bill yields remained flat at Mondays auction signaling a steady outlook for short-term interest rates.The Central Bank offered and accepted bids for …
Freedom Day
Police raided a Tamil journalists home in Colombo Monday night, asrnjournalists around the world celebrated World Press Freedom Day.rnrnThe journalist, Sivaram …
Reverse Gear
The Finance Minister toned down talk of increased spending and a bigger budget deficit, as financial market players expressed concern about the possible …
Growing Pains
Central Bank says the economy will grow at 5.5 percent this year if fiscal discipline is maintained.rnrnGovernor A.S.Jayawardene said that ceasefire and strict …
VAT an Act!
The government is expected to amend the Value Added Tax Act to legalize the introduction single tax rate despite opposition to the amendments on political …
Soft Stand
Sri Lankas Tamil Tigers told Norwegian peace brokers Monday they were willing to resume talks based on their plan for self-rule, but warned the new government …
Good Job
Early last year, the government had forecasted a 5.5 percent economic growth. The 5.9 percent year on growth for 2003, is the highest since 2000, when the …
African Roots
rnThe Sri Lankan business community will take lessons from its South African counterparts on how the sector can contribute towards national economic growth …
First Flush
Sri Lankas new government held its first talks with neighbouring India Thursday ahead of plans to revive stalled peace talks with Tamil Tiger rebelsLakshman …
Refugee Status
The United Nations refugees agency said Thursday Sri Lanka risked losing international financial support if it did not pay more attention to resettling nearly …
Regional Curfew
Sri Lankan police clamped indefinite curfews and troops poured into a central tea-growing region Thursday after two people were killed in ethnic violence, …
Taxing Times
With total State revenue falling by around 18 percent last year, the Asian Development Bank asked the government to pay closer attention to closing tax …
Missing Dentures
Sri Lanka lacks lquote sufficient organised public outrage to bring about any meaningful changes, say civil advocacy groups, about the abuse of public property …
Hanging Up
The telecom watchdog ended its standoff with Mobitel (Pvt) Ltd on Thursday, withdrawing its case with the Fort Magistrate after the two parties reached a …
Low Leaf
Asia Siyaka Commodity Brokers said that buyers at the Colombo Tea Auction are concerned by the quality of future low grown teas on offer, driven by the surge …
Road Blocks
The ADB is to help package road development into a shelf of projects complete with backward clearances in place, making it easier for investors to step in.A …