Category: Economy and Markets
Norway asked to tame Tigers to protect Sri Lankan ceasefire
Sri Lanka has asked peacebroker Norway to get Tamil rebels to accept new measures to safeguard a ceasefire threatened by the killing of the island’s foreign minister, an official source said Wednesday. Sri Lanka has asked peacebroker Norway to get Tamil rebels to accept new measures to safeguard a ceasefire threatened by the killing of […]
Sri Lanka holds key rate to assist economic recovery
Sri Lanka’s Central Bank left its key policy rates unchanged on Wednesday to help the island’s continued economic recovery from last year’s tsunami.Sri Lanka’s Central Bank left its key policy rates unchanged on Wednesday to help the island’s continued economic recovery from last year’s tsunami. The repurchase rate at which it drains money from the […]
Treasury rates move up ahead of Wed.’s policy rate announcement
Sri Lanka’s treasury yields kept its upward momentum ahead of Wednesday’s monetary policy review announcement. Sri Lanka’s treasury yields kept its upward momentum ahead of Wednesday’s monetary policy review announcement. The Central Bank said it sold one year treasury notes at a yield of 9.41 percent, slightly up from last week’s 9.39 percent. Yields for […]
‘s policy rate announcement
Sri Lanka’s treasury yields kept its upward momentum ahead of Wednesday’s monetary policy review announcement. Sri Lanka’s treasury yields kept its upward momentum ahead of Wednesday’s monetary policy review announcement. The Central Bank said it sold one year treasury notes at a yield of 9.41 percent, slightly up from last week’s 9.39 percent. Yields for […]
Sri Lanka says will ‘review’ peace process after killing
Sri Lanka Monday said it will undertake a “serious review” of the Norwegian-backed peace process following the assassination of foreign minister Lakshman Kadirgamar by suspected Tamil Tiger rebels.Sri Lanka Monday said it will undertake a “serious review” of the Norwegian-backed peace process following the assassination of foreign minister Lakshman Kadirgamar by suspected Tamil Tiger rebels. […]
Slow State
Many Tsunami victims recently surveyed by a think tank said they were willing to move away from the beach but were disappointed that the government was not doing enough to bring back normalcy.Many Tsunami victims recently surveyed by a think tank said they were willing to move away from the beach but were disappointed that […]
” peace process after killing
Sri Lanka Monday said it will undertake a “serious review” of the Norwegian-backed peace process following the assassination of foreign minister Lakshman Kadirgamar by suspected Tamil Tiger rebels.Sri Lanka Monday said it will undertake a “serious review” of the Norwegian-backed peace process following the assassination of foreign minister Lakshman Kadirgamar by suspected Tamil Tiger rebels. […]
Sri Lanka vows to share power with Tamils despite assassination
Sri Lanka’s President Chandrika Kumaratunga vowed to press ahead with a plan to share power with minority Tamils despite the assassination of her foreign minister by suspected Tamil rebels.Sri Lanka’s President Chandrika Kumaratunga vowed to press ahead with a plan to share power with minority Tamils despite the assassination of her foreign minister by suspected […]
Mobs pull down flags honouring slain Sri Lankan minister
United Nations flags at half mast were pulled down at offices in Sri Lanka’s rebel-held north Monday by mobs opposed to the show of respect for slain Foreign Minister Lakshman Kadirgamar, a UN official said.United Nations flags at half mast were pulled down at offices in Sri Lanka’s rebel-held north Monday by mobs opposed to […]
Sri Lanka’s Bank of Ceylon shops for dollars
State-run Bank of Ceylon is shopping in the local and foreign markets for debt capital, to fund ongoing business activities and expand its capital base, a top official said Monday.State-run Bank of Ceylon is shopping in the local and foreign markets for debt capital, to fund ongoing business activities and expand its capital base, a […]
Scores rounded up as Sri Lanka hunts minister’s assassins
Sri Lanka has rounded up scores of potential suspects during a massive hunt for Tamil Tiger rebels suspected of gunning down the foreign minister in an attack that has strained an already shaky ceasefire.Sri Lanka has rounded up scores of potential suspects during a massive hunt for Tamil Tiger rebels suspected of gunning down the […]
All-out war unlikely despite Sri Lanka killing, analysts say
Sri Lanka’s peace initiative suffered a major setback when suspected Tamil Tiger rebels assassinated the foreign minister, but analysts say the troubled nation is unlikely to race toward all-out war.Sri Lanka’s peace initiative suffered a major setback when suspected Tamil Tiger rebels assassinated the foreign minister, but analysts say the troubled nation is unlikely to […]