Marxists, monks out of new Sri Lanka cabinet

Sri Lanka’s new president on Wednesday set up a 25-member cabinet which excluded hard-line allies from the Marxist and Buddhist monks’ parties in a move analysts said could trigger a snap poll.Sri Lanka’s new president on Wednesday set up a 25-member cabinet which excluded hard-line allies from the Marxist and Buddhist monks’ parties in a […]

‘s new government takes shape

Sri Lanka’s President Mahinda Rajapakse on Wednesday swore in a 25 member cabinet and named 23 others for non-cabinet ranks, officials said.Sri Lanka’s President Mahinda Rajapakse on Wednesday swore in a 25 member cabinet and named 23 others for non-cabinet ranks, officials said. Wednesday’s ceremony also saw the appointments of 29 deputy ministers. Rajapakse retained […]

Sri Lanka’s new government to continue emergency rule

Sri Lanka’s new government will maintain a state of emergency and the national parliament will be asked to ratify the tough laws, officials said.Sri Lanka’s new government will maintain a state of emergency and the national parliament will be asked to ratify the tough laws, officials said. President Mahinda Rajapakse, who was sworn in Saturday […]

Intro List

The Ceylinco group’s Seylan Merchant Leasing Limited will list 10 million ordinary shares by way of an introduction.The Ceylinco group’s Seylan Merchant Leasing Limited will list 10 million ordinary shares by way of an introduction. The Colombo Stock Exchange on Tuesday said it approved the listing of the Rs.10.00 shares on the secondary board. “The […]

Target Training

ADB will help develop more highly skilled workers in Sri Lanka through a new US million loan to improve technical education and vocational training (TEVT) in the country.ADB will help develop more highly skilled workers in Sri Lanka through a new US$20 million loan to improve technical education and vocational training (TEVT) in the country. […]

Practical Problems

The World Trade Organisation (WTO) says patents won’t block access to cheap medicines but local experts are not convinced.The World Trade Organisation (WTO) says patents won’t block access to cheap medicines but local experts are not convinced. “A certain amount of confusion exists about the TRIPS Agreement’s provisions and compulsory licensing for medicines,” said a […]

‘s new government to continue emergency rule

Sri Lanka’s new government will maintain a state of emergency and the national parliament will be asked to ratify the tough laws, officials said.Sri Lanka’s new government will maintain a state of emergency and the national parliament will be asked to ratify the tough laws, officials said. President Mahinda Rajapakse, who was sworn in Saturday […]

Appointment of new Sri Lankan cabinet delayed

Sri Lanka’s new president delayed swearing in his cabinet Tuesday because of heavy rains, a government spokesman said, although political sources blamed it on wrangling for top jobs.Sri Lanka’s new president delayed swearing in his cabinet Tuesday because of heavy rains, a government spokesman said, although political sources blamed it on wrangling for top jobs. […]

High Seas

Cost of trade with the west could rise further with shipping cartels plying the Asia-Europe routs tipped to mark up freight rates from December 2006.Cost of trade with the west could rise further with shipping cartels plying the Asia-Europe routs tipped to mark up freight rates from December 2006. The Karmahom Conference, a cartel of […]

Going Three

3G mobile licenses could be on auction as early as first quarter 2006, with a telco watchdog proposed licensing plan currently up for discussion. 3G mobile licenses could be on auction as early as first quarter 2006, with a telco watchdog proposed licensing plan currently up for discussion. The 3G consultancy paper identifies up to […]

Tamils wary of new Sri Lankan president

KILINOCHCHI, Sri Lanka – For Tamils erecting lifesized posters to mark the forthcoming Heroes’ Day, when Tiger rebels remember their fallen, the election of Mahinda Rajapakse as new Sri Lankan president is a matter of concern.KILINOCHCHI, Sri Lanka – For Tamils erecting lifesized posters to mark the forthcoming Heroes’ Day, when Tiger rebels remember their […]

Sri Lanka gets make-love Prime Minister, again

Sri Lanka’s flamboyant new Prime Minister carries a war general label, but he also touts one of the most fertile plans to bring peace to the fractured island — make more babies.Sri Lanka’s flamboyant new Prime Minister carries a war general label, but he also touts one of the most fertile plans to bring peace […]

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