So Far So Good
Sri Lanka enters the penultimate lap for its 2004 budget, with a great deal of apprehension as to whether Parliament will be dissolved on Tuesday …
Economy & Markets
French Toast
The government on Monday put forward alternative suggestions to solve the lquote Southern political impasse, but declined President Chandrika Kumaratungas …
Choksys Sweeteners
The UNF government, which has been progressively clubbing the opposite camp with the peace process, is getting ready to open a second front with the …
Second Rendezvous
The President has asked Premier Ranil to come alone to her chambers for a Tuesday morning rendezvous.The Premier was due to meet the President with other party …
Silent Business
Top business leaders and civil society organizations were staying quiet despite political moves that have jeopardized the peace process and the economic …
No Way
The Norwegians took their foot off the LTTE and the peace process on Friday, following a week of political uncertainty.The international donor community and …
Boo Hoo
Suntel wants to buy back Rs 300 mn of its 750mn high yielding medium term debentures, which yield in excess of 22 percent per annum.The wireless operator …
Deadlock
Talks between President Chandrika Kumaratunga and Prime Minister Ranil Wickremasinghe ended in an impasse with both parties expected to continue discussions …
Porn & Politics
In the heat of the moment, when passions raged and reached a climax over the Presidents swift move, PA parliamentarian Dr. Sarath Amunugama says her actions …
Presidential Guarantee
Moves of a Nov. 19 budget re-surfaced, as President Chandrika Kumaratunga met with representatives from multilateral donor agencies on Wednesday, to assure her …
Money Matters
Sri Lankas ruling party MPs have been offered up to four million dollars in cash and foreign scholarships to defect to the presidents party, a government …
No show
Most of the US$ 4.5 bn pledged in aid as well as a second US$ 80 mn tranche from the IMF is due in December, tied to conditions in the proposed budget. online …
Short Crop
The Central Bank has cut its domestic borrowing programme for Nov. by Rs. 2 bn, as the Treasury is expecting some dollar funds to come in. online pharmacy buy …
No Change
The Central Bank left its key short-term rates unchanged on Tuesday, signalling that it was business as usual on the interest rate front.The overnight …
Snap Poll?
Sri Lankan Prime Minister Ranil Wickremesinghe told his cabinet Monday that he was ready to face a snap election to end a bitter stand-off with a hostile …
Talks Delayed
Peace talks between the Sri Lankan government and Tamil Tiger rebels have been postponed until the political crisis in Sri Lanka is resolved, the governments …
Coup Backfires
The Sri Lankan presidents plan to oust her archrival prime minister through a constitutional maneuver may have backfired and caused new rifts within her ranks, …
War Of Nerves
Prime Minister Ranil Wickremesinghe has put the peace process on the board as the latest move in a game of political-chess that started last week with …
Getting Late
Aid donors warned of long delays in aid distribution if the budget is not presented soon as the IMF postponed the release of the second tranche of a key …
Ready’85 Go
Governor of the Swedish Central Bank says Sri Lankas Central Bank is almost ready to go for a fully-fledged inflation targeting exercise.Sweden has …