Tag: business

UNITED NATIONS, Nov 17 (AFP) – US former president Bill Clinton plans to return to Sri Lanka and Indonesia in his role as UN special envoy for tsunami relief to assess recovery efforts since last December’s deadly earthquake and tsunami, his office said Thursday.UNITED NATIONS, Nov 17 (AFP) – US former president Bill Clinton plans […]

Asian developing countries, with quality higher education systems, will act as foreign investment magnet over the next two years, says UN trade agency UNCTAD.Asian developing countries, with quality higher education systems, will act as foreign investment magnet over the next two years, says UN trade agency UNCTAD. Developing countries in Asia are attracting large and […]

Sri Lanka’s trade deficit for the first nine months expanded further, as a hefty oil import bill continued to take its toll on the country’s meager earnings, the Central Bank said Wednesday. Sri Lanka’s trade deficit for the first nine months expanded further, as a hefty oil import bill continued to take its toll on […]

Sri Lanka’s trade deficit for the first nine months expanded further, as a hefty oil import bill continued to take its toll on the country’s meager earnings, the Central Bank said Wednesday. Sri Lanka’s trade deficit for the first nine months expanded further, as a hefty oil import bill continued to take its toll on […]

Sri Lanka’s Prime Minister Mahinda Rajapakse skipped his final campaign rally amid fears of suicide bombings against presidential candidates on Monday.Sri Lanka’s Prime Minister Mahinda Rajapakse skipped his final campaign rally amid fears of suicide bombings against presidential candidates on Monday. Police said the premier kept away from the meeting while his main challenger, Opposition […]

Sri Lanka’s presidential election this week has turned into a vote on the country’s distressed economy and the troubled peace process, with the two main contenders diverging sharply on the major issues.Sri Lanka’s presidential election this week has turned into a vote on the country’s distressed economy and the troubled peace process, with the two […]

Sri Lanka deployed troops amid fears of suicide bomb attacks against presidential candidates staging their final campaign rallies Monday ahead of an election later this week.Sri Lanka deployed troops amid fears of suicide bomb attacks against presidential candidates staging their final campaign rallies Monday ahead of an election later this week. “Extraordinary measures” had been […]

Election monitors report a “substantial” reduction in election related violence in Sri Lanka during the run up to Presidential elections so far. Election monitors report a “substantial” reduction in election related violence in Sri Lanka during the run up to Presidential elections so far. The Centre for Monitoring Election Violence (CMEV) recorded 389 complaints compared […]

The JVP (Janatha Vimukthi Peramuna) says it is changing fast and it no longer opposes the private sector or foreign investors.The JVP (Janatha Vimukthi Peramuna) says it is changing fast and it no longer opposes the private sector or foreign investors. Top rungers in the UPFA at an evening meeting at Colombo Hilton said anti-business […]

Sri Lanka’s President Chandrika Kumaratunga, who steps down as president next week after serving her maximum two terms, leaves her parents’ party in turmoil and the country at a crossroads.Sri Lanka’s President Chandrika Kumaratunga, who steps down as president next week after serving her maximum two terms, leaves her parents’ party in turmoil and the […]

Sri Lanka’s President Chandrika Kumaratunga, who steps down as president next week after serving her maximum two terms, leaves her parents’ party in turmoil and the country at a crossroads.Sri Lanka’s President Chandrika Kumaratunga, who steps down as president next week after serving her maximum two terms, leaves her parents’ party in turmoil and the […]

The Kuwait Fund will lend US$ 20 mn to Sri Lanka to strengthen tertiary education and build administrative infrastructure in tsunami affected areas.The Kuwait Fund will lend US$ 20 mn to Sri Lanka to strengthen tertiary education and build administrative infrastructure in tsunami affected areas. The money will fund construction of educational facilities, student housing […]