Category: Economy and Markets
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 […]
‘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 […]
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 […]
Sri Lanka to shop for overseas debt
Government says it will raise up to US$ 500 million in the international debt markets next year to finance identified infrastructure projects as concessional loans dry up. Government says it will raise up to US$ 500 million in the international debt markets next year to finance identified infrastructure projects as concessional loans dry up. A […]
Sri Lanka’s Central Bank gets jittery over IMF’s hard hitting report
Sri Lanka’s Central Bank, which has come under fire for lax monetary policy, printing money to finance the budget deficit and boosting inflation, took the somewhat unusual step of publicly responding to the International Monetary Fund’s hard hitting staff report on the country’s recent weak macro-economic management. Sri Lanka’s Central Bank, which has come under […]
Sri Lanka’s Tamil rebels call for immediate truce talks
The political leader of the Tamil Tiger rebels has called for immediate talks with Sri Lanka’s government to save a shaky ceasefire.The political leader of the Tamil Tiger rebels has called for immediate talks with Sri Lanka’s government to save a shaky ceasefire. Tamil Tiger political chief S.P. Thamilselvan said the rebel group was ready […]
”s hard hitting report
Sri Lanka’s Central Bank, which has come under fire for lax monetary policy, printing money to finance the budget deficit and boosting inflation, took the somewhat unusual step of publicly responding to the International Monetary Fund’s hard hitting staff report on the country’s recent weak macro-economic management. Sri Lanka’s Central Bank, which has come under […]
‘s Tamil rebels call for immediate truce talks
The political leader of the Tamil Tiger rebels has called for immediate talks with Sri Lanka’s government to save a shaky ceasefire.The political leader of the Tamil Tiger rebels has called for immediate talks with Sri Lanka’s government to save a shaky ceasefire. Tamil Tiger political chief S.P. Thamilselvan said the rebel group was ready […]
Sri Lanka rate hike not enough to boost rupee
Sri Lanka’s central bank sent a powerful message to the local markets Tuesday when it hiked interest rates unexpectedly to keep rising inflation from skyrocketing out of control.Sri Lanka’s central bank sent a powerful message to the local markets Tuesday when it hiked interest rates unexpectedly to keep rising inflation from skyrocketing out of control. […]
‘s address to the Asia Society in New York
“Peace requires consensus and joint action by the major political parties” President at NY’s Asia Society “Peace requires consensus and joint action by the major political parties” President at NY’s Asia Society Full text of the President’s address; It is a pleasure to be here at the Asia Society once again. Over the past eleven […]