Category: Economy

The International Monetary Fund could resume discussions with the Sri Lankan government on stalled concessional loans soon, but the lender will want to see the government’s revised plan on reducing poverty first, a senior official said.The International Monetary Fund could resume discussions with the Sri Lankan government on stalled concessional loans soon, but the lender […]

Sri Lanka’s Human Rights Commission said Monday the recent murder of a port worker who had won compensation for torture carried out by police could only harm public confidence in law enforcement.Sri Lanka’s Human Rights Commission said Monday the recent murder of a port worker who had won compensation for torture carried out by police […]

Sri Lanka Monday vowed to strengthen its security forces and meet “any threat” after rejecting Tamil Tiger demands to resume stalled peace negotiations.Sri Lanka Monday vowed to strengthen its security forces and meet “any threat” after rejecting Tamil Tiger demands to resume stalled peace negotiations. Minister of Public Security Ratnasiri Wickremanayake told parliament that the […]

The business community, worried about the fragile ceasefire agreement between the government and LTTE is keen to a resumption of direct peace talks.The business community, worried about the fragile ceasefire agreement between the government and LTTE is keen to a resumption of direct peace talks. Businessmen from South Africa were here last week to share […]

A top marketer says that professionals in the field should focus on a formal qualification to supplement their abilities as most marketing practitioners lack formal qualifications.A top marketer says that professionals in the field should focus on a formal qualification to supplement their abilities as most marketing practitioners lack formal qualifications. The Chairman of the […]

Norway is sending a top envoy for another attempt to save Sri Lanka’s faltering peace process amid fears that Tiger rebels may return to their protracted armed struggle, diplomats said Sunday.Norway is sending a top envoy for another attempt to save Sri Lanka’s faltering peace process amid fears that Tiger rebels may return to their […]

Sri Lanka’s opposition United National Party says the budget has poured petrol to the country’s galloping inflation, and the government may have to push the country to war to distract the people.Sri Lanka’s opposition United National Party says the budget has poured petrol to the country’s galloping inflation, and the government may have to push […]

Sri Lanka’s opposition United National Party says the budget has poured petrol to the country’s galloping inflation, and the government may have to push the country to war to distract the people.Sri Lanka’s opposition United National Party says the budget has poured petrol to the country’s galloping inflation, and the government may have to push […]

Is corporate governance in South Asia a case of putting the cart before the cow? Is corporate governance in South Asia a case of putting the cart before the cow? All of us that live in the region know that things are different in South Asia. To being with most of us know carts and […]

Sri Lanka’s peace hopes have hit rock bottom after Colombo rejected rebel demands and pushed the embattled nation closer to a resumption of war, analysts said Thursday.Sri Lanka’s peace hopes have hit rock bottom after Colombo rejected rebel demands and pushed the embattled nation closer to a resumption of war, analysts said Thursday. The government […]

Consumer Price Inflation in Colombo climbed again in November, continuing a trend started in April 2004. Consumer Price Inflation in Colombo climbed again in November, continuing a trend started in April 2004. The Colombo Consumer Price Index (CCPI) rose 13.1 percent in the 12 months to November 2004, up from 12.1 in November, the Central […]

The assassination of a Sri Lankan judge two weeks ago has put pressure on President Chandrika Kumaratunga to consider signing death warrants and start hanging death-row inmates for the first time in 28 years.The assassination of a Sri Lankan judge two weeks ago has put pressure on President Chandrika Kumaratunga to consider signing death warrants […]