Sri Lanka warned to keep war rhetoric down, Tigers take flak

Top foreign aid donors Tuesday warned Sri Lankan political parties against undermining a fragile peace process and accused Tamil Tiger rebels of carrying out political assassinations to jeopardise a truce.Top foreign aid donors Tuesday warned Sri Lankan political parties against undermining a fragile peace process and accused Tamil Tiger rebels of carrying out political assassinations […]

Peace Co-Chairs say government responsible to disarm armed factions

The Co-Chairs of Sri Lanka’s peace process says the government is responsible to disarm armed factions and makes no commitments of international pressure against the LTTE.The Co-Chairs of Sri Lanka’s peace process says the government is responsible to disarm armed factions and makes no commitments of international pressure against the LTTE. The government of Sri […]

Public sector trade unions deant rights to confederate

Public sector trade unions in Sri Lanka demand legal changes to trade union laws to lobby under a common front.Public sector trade unions in Sri Lanka demand legal changes to trade union laws to lobby under a common front. Sri Lanka’s public sector contains around 800 trade unions but trade unions say they are restricted […]

Shooting Stars

JAFFNA – The city of Jaffna was the epicentre of some of the bloodiest battles in Sri Lanka’s drawn out ethnic conflict, but the bombs have given way to a new explosion in trade after a truce.JAFFNA – The city of Jaffna was the epicentre of some of the bloodiest battles in Sri Lanka’s drawn […]

Made in China

China based PC maker the Lenovo Group says Sri Lanka’s early stage IT market offered high growth potential for hardware manufacturers.China based PC maker the Lenovo Group says Sri Lanka’s early stage IT market offered high growth potential for hardware manufacturers. The Lenovo Group’s take over of IBM’s PC division making it the third largest […]

Dark Horse

Sri Lanka’s chronic budget deficit, weak structural reforms and political instability, will show up prominently, as the island seeks a sovereign rating from three top international rating agencies later this year, analysts said.Sri Lanka’s chronic budget deficit, weak structural reforms and political instability, will show up prominently, as the island seeks a sovereign rating from […]

Elections Commissioner confirms November poll date

The Elections Department on Monday announced that Sri Lanka will go to polls on November 17, 2005 to elect a new President. Nominations for the polls will open on October 7, 2005.Update to Follow The Elections Department on Monday announced that Sri Lanka will go to polls on November 17, 2005 to elect a new […]

Elections Department confirms November date for Presidential polls

The Elections Department on Monday announced that Sri Lanka will go to polls on November 17, 2005 to elect a new President.The Elections Department on Monday announced that Sri Lanka will go to polls on November 17, 2005 to elect a new President. Nominations for the polls will open on October 7, 2005, between 9.00 […]

Corporate Funding

United States Trade and Development Agency (USTDA) signs over grants worth US$ 2.5 million for Sri Lanka. United States Trade and Development Agency (USTDA) signs over grants worth US$ 2.5 million for Sri Lanka. On Monday the USTDA signed over grant funding for six development projects in Sri Lanka. Over US$ 2 million is for […]

Double Whammy!

SriLankan Airlines group net profits slumped 75 percent last year, dragged down by hefty oil bill and a fall in passenger numbers following the Dec. 26 tsunami, the airline said Monday.SriLankan Airlines group net profits slumped 75 percent last year, dragged down by hefty oil bill and a fall in passenger numbers following the Dec. […]

‘s Leasing raises funds to feed its hire purchase business

People’s Leasing Company has raised Rs.400 million by securitising part of its small but growing hire purchase portfolio, the firm said Monday.People’s Leasing Company has raised Rs. 400 million by securitising part of its small but growing hire purchase portfolio, the firm said Monday. Hire purchasing accounts for Rs 3 billion of the firm’s business […]

Norachcholai Tripped?

CEB engineers have sought assurances from UNP that a proposed coal power plant in Puttlam won’t be scraped as its board of directors objected to the General Manager taking the lead on the project.CEB engineers have sought assurances from UNP that a proposed coal power plant in Puttlam won’t be scraped as its board of […]

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