Tag: Finance

Sri Lanka’s President declared a state of emergency on Saturday following the assassination of foreign minister Lakshman Kadirgamar at his residence late Friday.Sri Lanka’s President declared a state of emergency on Saturday following the assassination of foreign minister Lakshman Kadirgamar at his residence late Friday. Kadirgamar 73, was shot in the head and chest by […]

Sri Lankan security authorities admitted a security lapse Saturday after the sniper assassination of the nation’s foreign minister, Lakshman Kadirgamar.Sri Lankan security authorities admitted a security lapse Saturday after the sniper assassination of the nation’s foreign minister, Lakshman Kadirgamar. Colombo police chief Chandra Fernando said the killers, believed to be two, shot the minister Friday […]

Sri Lankan tsunami victims suffocating in bureaucracy with no say in their future.Sri Lankan tsunami victims suffocating in bureaucracy with no say in their future. A survey by the Institute of Policy Studies (IPS) shows that despite many government sponsored livelihood rehabilitation schemes, tsunami victims in Sri Lanka can’t access money to rebuild their lives. […]

The Colombo Stock Exchange will go on tour to Australia and New Zealand, trying to convince potential investors to cash in on Asia’s best performing market. The Colombo Stock Exchange will go on tour to Australia and New Zealand, trying to convince potential investors to cash in on Asia’s best performing market. The Investor Road […]

The Sri Lankan government expects its budget deficit to be less than 9% of gross domestic product in 2005, helped by steady revenue growth, the country’s treasury secretary said Wednesday.The Sri Lankan government expects its budget deficit to be less than 9% of gross domestic product in 2005, helped by steady revenue growth, the country’s […]

Seven months after the tsunami, the UN says tsunami victims in Sri Lanka have not been properly consulted in tsunami reconstruction.Seven months after the tsunami, the UN says tsunami victims in Sri Lanka have not been properly consulted in tsunami reconstruction. “Since the tsunami last year, a greater part of post-tsunami relief, reconstruction and rehabilitation […]

Over one and quarter billion rupees is likely to be lost due to government’s recent Value Added Tax (VAT) exemptions on milk-powder and LP Gas. Over one and quarter billion rupees is likely to be lost due to government’s recent Value Added Tax (VAT) exemptions on milk-powder and LP Gas. A top Treasury source says […]

Security was stepped up and a curfew imposed in Sri Lanka’s northern Jaffna peninsula following the murder of a senior police officer and a sharp rise of tension in the area, the military said.Security was stepped up and a curfew imposed in Sri Lanka’s northern Jaffna peninsula following the murder of a senior police officer […]

Sri Lanka’s President Chandrika Kumaratunga has condemned the deaths of a police official and a barber in the northern town of Jaffna Sri Lanka’s President Chandrika Kumaratunga has condemned the deaths of a police official and a barber in the northern town of Jaffna The policeman was hacked to death by a mob after a […]

Security was stepped up and a curfew imposed in Sri Lanka’s northern Jaffna peninsula following the murder of a senior police officer and a sharp rise of tension in the area, the military said.Security was stepped up and a curfew imposed in Sri Lanka’s northern Jaffna peninsula following the murder of a senior police officer […]

A senior police officer was murdered by a mob in northern Sri Lanka Thursday after a barber giving a hair cut was accidentally shot dead, police chief Chandra Fernando said.A senior police officer was murdered by a mob in northern Sri Lanka Thursday after a barber giving a hair cut was accidentally shot dead, police […]

A senior police officer was murdered by a mob in northern Sri Lanka Thursday after a barber giving a hair cut was accidentally shot dead, police chief Chandra Fernando said.A senior police officer was murdered by a mob in northern Sri Lanka Thursday after a barber giving a hair cut was accidentally shot dead, police […]