Bloodbath on Sri Lanka’s tiny bourse

Sri Lanka’s tiny stockmarket plunged when trading opened on Friday as investor dumped stocks on news that premier Mahinda Rajapakse had taken an early lead in Thursday’s presidential poll, brokers said.Sri Lanka’s tiny stockmarket plunged when trading opened on Friday as investor dumped stocks on news that premier Mahinda Rajapakse had taken an early lead […]

Peace hopes dim as socialist PM wins Sri Lanka presidency

Prime Minister Mahinda Rajapakse on Friday officially won Sri Lanka’s tightly-fought battle for the presidency in a victory which analysts said dimmed the island’s peace hopes.Prime Minister Mahinda Rajapakse on Friday officially won Sri Lanka’s tightly-fought battle for the presidency in a victory which analysts said dimmed the island’s peace hopes. Rajapakse, a socialist who […]

Election promises set to cost Sri Lanka’s new president

Sri Lanka’s socialist president-elect Mahinda Rajapakse has set himself a challenge to deliver the raft of subsidies he promised voters in South Asia’s most liberal and war-battered economy, analysts said Friday.Sri Lanka’s socialist president-elect Mahinda Rajapakse has set himself a challenge to deliver the raft of subsidies he promised voters in South Asia’s most liberal […]

Tamil Tigers outfox dove to dim Sri Lanka peace hopes

Sri Lanka’s Tiger rebels deliberately ditched the man who signed a truce with them and cleared the way for his hawkish rival to win the presidency in a calculated move that has dashed peace hopes, analysts said Friday.Sri Lanka’s Tiger rebels deliberately ditched the man who signed a truce with them and cleared the way […]

Tigers forced Tamils out of Sri Lanka vote: monitors

Sri Lankans voted Thursday in presidential elections but minority Tamils who could tip the balance in the tight race were forced out of the ballot by Tiger rebels and sporadic violence, poll monitors said. Sri Lankans voted Thursday in presidential elections but minority Tamils who could tip the balance in the tight race were forced […]

Sri Lanka PM takes early lead in presidential vote

Sri Lanka’s Prime Minister Mahinda Rajapakse took an early lead in the presidential election with the preliminary results released Friday showing him with a comfortable majority.Sri Lanka’s Prime Minister Mahinda Rajapakse took an early lead in the presidential election with the preliminary results released Friday showing him with a comfortable majority. Elections Commissioners Dayananda Dissanayake […]

Neck and neck battle for Sri Lanka presidency

Sri Lanka’s Prime Minister Mahinda Rajapakse saw his margin narrowed as about 15 percent of the 10 million valid votes were counted after the country’s presidential election.Sri Lanka’s Prime Minister Mahinda Rajapakse saw his margin narrowed as about 15 percent of the 10 million valid votes were counted after the country’s presidential election. Results released […]

Blood-splattered start to Sri Lanka polls

Presidential elections got underway in Sri Lanka Thursday as officials feared overnight violence that killed at least six people could scare away voters in embattled regions. Presidential elections got underway in Sri Lanka Thursday as officials feared overnight violence that killed at least six people could scare away voters in embattled regions. Police and security […]

‘s commercial hub closes shop early on election day

Colombo’s commercial hub closed shop by noon on Thursday along with most other businesses across the island as the country went to polls to elect Sri Lanka’s fifth president.Colombo’s commercial hub closed shop by noon on Thursday along with most other businesses across the island as the country went to polls to elect Sri Lanka’s […]

Voting opens in Sri Lanka

Voting got under way Thursday to elect Sri Lanka’s fifth executive president amid overnight violence that killed at least six people, election officials and police said. Voting got under way Thursday to elect Sri Lanka’s fifth executive president amid overnight violence that killed at least six people, election officials and police said. Some 10,486 polling […]

Stocks fall, despite news that Dialog will join MSCI Sri Lanka index

Stocks in Sri Lanka tumble as polling starts, despite news that Dialog Telekom, a unit of Telekom Malaysia Berhard, will join the MSCI Sri Lanka index from December. Stocks in Sri Lanka tumble as polling starts, despite news that Dialog Telekom, a unit of Telekom Malaysia Berhard, will join the MSCI Sri Lanka index from […]

Polling closes in Sri Lanka presidential election

Voting in Sri Lanka’s presidential elections ended after nine hours Thursday amid sporadic violence and a virtual boycott by minority Tamils, officials said.Voting in Sri Lanka’s presidential elections ended after nine hours Thursday amid sporadic violence and a virtual boycott by minority Tamils, officials said. Election officials said voter turnout was extremely low in the […]

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