Category: Politics

Sri Lankan stocks crashed nearly seven percent at Friday’s close as socialist President-elect Mahinda Rajapakse narrowly beat a market-friendly favourite, brokers said. Sri Lankan stocks crashed nearly seven percent at Friday’s close as socialist President-elect Mahinda Rajapakse narrowly beat a market-friendly favourite, brokers said. The benchmark All Share Price index plunged 174 points to 2,325, […]

The defeated UNP camp says its is seeking legal advise on taking the elections chief to courts for turning down their call for a re-poll in the North. The defeated UNP camp says its is seeking legal advise on taking the elections chief to courts for turning down their call for a re-poll in the […]

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 […]

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 […]

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 […]

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 […]

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’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 […]

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 […]

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 […]