Tag: economy

Consumer Price Inflation in Colombo climbed again in November, continuing a trend started in April 2004. Consumer Price Inflation in Colombo climbed again in November, continuing a trend started in April 2004. The Colombo Consumer Price Index (CCPI) rose 13.1 percent in the 12 months to November 2004, up from 12.1 in November, the Central […]

The assassination of a Sri Lankan judge two weeks ago has put pressure on President Chandrika Kumaratunga to consider signing death warrants and start hanging death-row inmates for the first time in 28 years.The assassination of a Sri Lankan judge two weeks ago has put pressure on President Chandrika Kumaratunga to consider signing death warrants […]

Over seventy categories of US exports from sweet corn to clothes and sports footwear can face increased duties in world markets next year.Over seventy categories of US exports from sweet corn to clothes and sports footwear can face increased duties in world markets next year. The EU is already threatening to hit a long list […]

Sri Lanka’s government Wednesday rejected a rebel demand for an unconditional resumption of talks and accused Tiger guerrillas of using “threateneing language” to undermine peace efforts.Sri Lanka’s government Wednesday rejected a rebel demand for an unconditional resumption of talks and accused Tiger guerrillas of using “threateneing language” to undermine peace efforts. In its first reaction […]

The EU is investing € 100,000 in local intellectual property laws to make sure European brands and copyrights are protected in Sri Lanka.The EU is investing € 100,000 in local intellectual property laws to make sure European brands and copyrights are protected in Sri Lanka. “The budget for the entire project is around Î 100,000.Implementation […]

Peace doesn’t come easy, so start working at it, says a team of South African peace delegates, to Sri Lanka’s business community.Peace doesn’t come easy, so start working at it, says a team of South African peace delegates, to Sri Lanka’s business community. As Biki Minyuku, the former head of South Africa’s Truth and Reconciliation […]

Sri Lanka signed a preferential trade pact with Iran last week but is unlikely to see its main export tea get any duty cuts into Iran.Sri Lanka signed a preferential trade pact with Iran last week but is unlikely to see its main export tea get any duty cuts into Iran. A framework agreement for […]

Some business leaders think its time to make a collective effort to drive the peace process forward.Some business leaders think its time to make a collective effort to drive the peace process forward. Recently a delegation of business leaders went to South Africa, to find out how the private sector there helped initiate peace in […]

The LTTE has warned that it will ‘advance the freedom struggle of our nation’, if peace talks are not resumed soon, based on the proposals submitted by the organization, but said it is prepared to discuss controversial issues.The LTTE has warned that it will ‘advance the freedom struggle of our nation’, if peace talks are […]

The LTTE has warned that it will ‘advance the freedom struggle of our nation’, if peace talks are not resumed soon, based on the proposals submitted by the organization, but said it is prepared to discuss controversial issues.The LTTE has warned that it will ‘advance the freedom struggle of our nation’, if peace talks are […]

Sri Lanka Thursday announced a ban on tinted glasses on vehicles and urged motorists to carry identity papers with them as the authorities moved to crack down on organised crime.Sri Lanka Thursday announced a ban on tinted glasses on vehicles and urged motorists to carry identity papers with them as the authorities moved to crack […]

The Minister of Labour says a compensation package for terminated workers and an unemployment benefit scheme will be implemented in January 2005.The Minister of Labour says a compensation package for terminated workers and an unemployment benefit scheme will be implemented in January 2005. “We have decided on a new compensation formula.So it will come from […]