Restart

The second round vote recommenced in Parliament today, after temporarily being help up by Alliance MPs in protest to UNP members revealing their vote to party frontliners.rnSources in Parliament earlier reported that the second vote has come to a standstill as Alliance MPs staged a sit in, in the centres of the Parliament Chamber in […]

Tiebreaker

The UNF candidate for Speaker D J M Lokubandara scraped through to the top seat in parliament after a late evening third round vote. The deadlock was broken by two JHU members who exercised their vote in the eleventh hour to neutralize a controversial move by two of their members to vote for the government […]

Working Out

A change in the US political scene could result in Sri Lanka losing out on foreign investment that comes in as outsourcing projects like call centers.In-house politics are bad enough but trade analysts now caution that politics across the Atlantic could be just as painful, thanks to the spotlight catching the subject of outsourcing.rn rnldblquote […]

Teaching Teachers

Investment in teacher training in Sri Lanka is paying off with signs of improvement in both teaching and learning, says the German Technical Cooperation (GTZ) office.Recent studies show that over 70 per cent of primary school teachers in the Central Province now use learner centred teaching compared to 11.6 per cent 3 years ago.rn rnThe […]

Parliament Walk

The situation in Parliament has taken another dramatic turn as some MPs drift away from the Chamber, a little after the second vote recommenced. Sources in Parliament say no decision or the next curse of action has been announced.rn rnIt is understood that some MPs still remain within the Chambers. rn rnThe second round vote […]

Take Three

The vote to appoint a Speaker to the new Parliament just went into a third round, with the second round scrapped due to pandemonium in parliament. The second vote was initially held up when Alliance MPs staged a sit in, in the centres of the Parliament Chamber in protest to UNP members revealing their vote.rn […]

Milking Money

The new Govt. will try to squeeze out an extra Rs.10 bn from existing revenue collection channels to meet its increased welfare commitments.Treasury officials say this could be achieved if revenue collection was made more efficient, while staying within the current tax structure.rn rnPolitical watchers say the new Finance Minister Sarath Amunugama and his secretary […]

Lost Post

Sri Lankas president was desperately locked in moves to secure allies as her minority government risked losing the crucial Speakers post when it faces its first test in parliament, officials said.President Chandrika Kumaratunga was also battling to retain her junior coalition partner, the Marxist JVP, and ensure it accepts four portfolios allocated to it before […]

Finding a Cure

Sri Lankas president was in hectic talks to resolve a dispute with her main ally a day ahead of her minority governments first test in parliament, officials said.President Chandrika Kumaratunga had expected her junior coalition partner, the Marxist JVP, or Peoples Liberation Front, to accept four portfolios in the cabinet by Monday, but they were […]

Feeling the Pinch

lquote Can the new government summon enough numbers to appoint a Speaker of its choice and announce its policy statement? Speculation is rife in Colombo but the all-powerful minorities are taking it cool. Sri Lankas 13th Parliament will meet tomorrow amidst speculation on the new governments ability to muster a majority.rn rnAt its maiden sitting […]

Looks Interesting

Taking stock of current ground realities will indicate if the present low interest rate scenario is sustainable says new Treasury Secretary. P. B Jayasundera, who took office on Monday, says the governments policy on interest rates will be reviewed shortly after assessing current requirements to spur economic growth.rn rnOnly last week, Central Bank left its […]

Talks Soon

The chief of Sri Lankas Tamil Tigers has asked his 22 proxy legislators in the countrys new parliament to pressure the minority government to open talks based on the rebels blueprint for self-rule.Tiger leader Velupillai Prabhakaran met the MPs of the Tamil National Alliance (TNA), a proxy of his guerrillas, in the northern rebel-held region […]

Page 2881 of 3054