Tag: economy

The Sri Lankan government’s spokesperson said on Thursday, that holding talks with the LTTE in a foreign country, was “not acceptable,” but that a new venue for talks will be decided after the President returns to the island.The Sri Lankan government’s spokesperson said on Thursday, that holding talks with the LTTE in a foreign country, […]

Sri Lanka’s ruling party says it is lining up political support behind Prime Minister Mahinda Rajapaksa, as the common national candidate for Presidential polls. Sri Lanka’s ruling party says it is lining up political support behind Prime Minister Mahinda Rajapaksa, as the common national candidate for Presidential polls. The Sri Lanka Freedom Party (SLFP), says […]

Cost of living in Sri Lanka still going up despite the contribution by the Yala harvest, says the Central Bank.Cost of living in Sri Lanka still going up despite the contribution by the Yala harvest, says the Central Bank. Prices dropped in August, compared to July, reflecting the historic seasonal pattern because of the influx […]

World leaders will gather in New York in September to assess progress towards the Millennium Development Goals (MDGs) they set five years ago.When they look to Asia and the Pacific the picture will be mixed.World leaders will gather in New York in September to assess progress towards the Millennium Development Goals (MDGs) they set five […]

Sri Lankan President Chandrika Kumaratunga who steps down in December came to power promising to scrap the very office which she fought to cling to after 11 turbulent years dominated by a tortuous peace process with Tamil Tiger rebels.Sri Lankan President Chandrika Kumaratunga who steps down in December came to power promising to scrap the […]

Sri Lankan President Chandrika Kumaratunga who steps down in December came to power promising to scrap the very office which she fought to cling to after 11 turbulent years dominated by a tortuous peace process with Tamil Tiger rebels.Sri Lankan President Chandrika Kumaratunga who steps down in December came to power promising to scrap the […]

A Supreme Court ruling Friday ended the President’s term a year earlier than she expected, but it may not be the end of her career or the demise of the political dynasty.A Supreme Court ruling Friday ended the President’s term a year earlier than she expected, but it may not be the end of her […]

The government of Sri Lanka said on Thursday, that it is talking to world leaders about the need for further international pressure on the LTTE, to stop more violence.The government of Sri Lanka said on Thursday, that it is talking to world leaders about the need for further international pressure on the LTTE, to stop […]

A month long shut down of the petroleum refinery and the country’s never ending thirst for fuel, nearly tripled Sri Lanka’s oil import bill in June, the island’s Central Bank said Thursday.A month long shut down of the petroleum refinery and the country’s never ending thirst for fuel, nearly tripled Sri Lanka’s oil import bill […]

Minister Anura Bandaranaike took over as Sri Lanka’s new Minister of Foreign Affairs on Monday, replacing assassinated predecessor Lakshman Kadirgamar. Minister Anura Bandaranaike took over as Sri Lanka’s new Minister of Foreign Affairs on Monday, replacing assassinated predecessor Lakshman Kadirgamar. Bandaranaike, who is also President Chandrika Kumaratunga’s brother, took oaths on Monday evening.He will continue […]

Sri Lanka’s government is keen to have early talks to salvage a truce with Tamil Tiger rebels after both sides agreed to a review of the ceasefire, peacebroker Norway said Saturday.Sri Lanka’s government is keen to have early talks to salvage a truce with Tamil Tiger rebels after both sides agreed to a review of […]

Sri Lanka’s Tamil Tiger rebels have agreed to meet with the government and review their truce which was threatened following the assassination of the foreign minister, the BBC reported. Sri Lanka’s Tamil Tiger rebels have agreed to meet with the government and review their truce which was threatened following the assassination of the foreign minister, […]