Category: Economy and Markets

Sri Lanka’s president went into talks with opposition parties Monday in a bid to drum up support after a key coalition partner threatened to quit over a tsunami aid deal with Tamil Tiger rebels, officials said. Sri Lanka’s president went into talks with opposition parties Monday in a bid to drum up support after a […]

Colombo’s financial and central public transport district came to a halt on Monday with the National Bikkhu Front attempting to march into the Presidential residence in Fort. Colombo’s financial and central public transport district came to a halt on Monday with the National Bikkhu Front attempting to march into the Presidential residence in Fort. The […]

A faction of Buddhist monks in Sri Lanka claim the life of another monk is endangered by the proposed tsunami aid mechanism for the north and east.A faction of Buddhist monks in Sri Lanka claim the life of another monk is endangered by the proposed tsunami aid mechanism for the north and east. The National […]

Sri Lanka’s president Sunday slammed her main Marxist coalition partner accusing them of “psychological terrorism” as a political crisis deepened and the government headed for a fatal collapse.Sri Lanka’s president Sunday slammed her main Marxist coalition partner accusing them of “psychological terrorism” as a political crisis deepened and the government headed for a fatal collapse. […]

A Buddhist monk legislator called off a death fast, a day after Sri Lanka’s president promised to consult the clergy amid growing opposition to her plan to share tsunami aid with Tiger rebels. A Buddhist monk legislator called off a death fast, a day after Sri Lanka’s president promised to consult the clergy amid growing […]

A Buddhist monk legislator called off a death fast, a day after Sri Lanka’s president promised to consult the clergy amid growing opposition to her plan to share tsunami aid with Tiger rebels. A Buddhist monk legislator called off a death fast, a day after Sri Lanka’s president promised to consult the clergy amid growing […]

Sri Lanka’s coalition plunged into deeper crisis Friday as a key partner gave the president five days to back off from an aid-sharing deal with rebels or risk losing the government. Sri Lanka’s coalition plunged into deeper crisis Friday as a key partner gave the president five days to back off from an aid-sharing deal […]

Negotiations were under way between India and Sri Lanka for a defence cooperation pact, visiting Indian Foreign Minister Natwar Singh said here Friday as his hosts faced a deepening political crisis. Negotiations were under way between India and Sri Lanka for a defence cooperation pact, visiting Indian Foreign Minister Natwar Singh said here Friday as […]

  Friday-Colombo: The JVP’s top-rung at a press conference in Colombo laugh at a Journalists question asking why the party chose June 15 to break its ties with the government. The coalition government’s Marxist ally on Friday vouched to break away from the Freedom Alliance on June 15, if the President did not withdraw an […]

Sri Lanka’s coalition plunged into deeper crisis Friday as a key partner gave the president five days to back off from an aid-sharing deal with rebels or risk losing the government.Sri Lanka’s coalition plunged into deeper crisis Friday as a key partner gave the president five days to back off from an aid-sharing deal with […]

  Friday-Colombo: The JVP’s top-rung at a press conference in Colombo laugh at a Journalists question asking why the party chose June 15 to break its ties with the government. The coalition government’s Marxist ally on Friday vouched to break away from the Freedom Alliance on June 15, if the President did not withdraw an […]

The JVP said on Friday June 10, that it will pull out of Sri Lanka’s coalition government at midnight Wednesday June 15, if the joint mechanism proposal is not withdrawn.The JVP said on Friday June 10, that it will pull out of Sri Lanka’s coalition government at midnight Wednesday June 15, if the joint mechanism […]