Tag: Finance
Political uncertainty and tsunami damage will make it tougher for Sri Lanka to halve poverty
Political uncertainty and tsunami damage will make it tougher for Sri Lanka to halve poverty by 2015 according to a UN agency.Political uncertainty and tsunami damage will make it tougher for Sri Lanka to halve poverty by 2015 according to a UN agency. Millennium Development Goals (MDG) agreed five years ago by the UN to […]
Sri Lanka joins international programme to generate more jobs.
On Thursday the International Labour Organisation (ILO) wrapped up its annual world conference with all member countries, including Sri Lanka, agreeing to focus on generating more jobs.On Thursday the International Labour Organisation (ILO) wrapped up its annual world conference with all member countries, including Sri Lanka, agreeing to focus on generating more jobs. The ILO […]
‘s IPO pricing
Sri Lanka Telecom shares rose Friday, on investor perceptions that the stock is undervalued compared to the upcoming Dialog Telecom issue, traders said.Sri Lanka Telecom shares rose Friday, on investor perceptions that the stock is undervalued compared to the upcoming Dialog Telecom issue, traders said. More than 2 million SLT shares changed hands Friday with […]
Norwegian peace brokers to test Sri Lanka’s turbulent political waters
Norwegian Deputy Minister of Foreign Affairs, Vidar Helgesen, will arrive in Sri Lanka on Monday, for a five day political update.Norwegian Deputy Minister of Foreign Affairs, Vidar Helgesen, will arrive in Sri Lanka on Monday, for a five day political update. Helgesen is scheduled to meet President Chandrika Bandaranaike Kumaratunga and key stakeholders of Sri […]
SLT share perk up on Dialog’s IPO pricing
Sri Lanka Telecom shares rose Friday, on investor perceptions that the stock is undervalued compared to the upcoming Dialog Telecom issue, traders said.Sri Lanka Telecom shares rose Friday, on investor perceptions that the stock is undervalued compared to the upcoming Dialog Telecom issue, traders said. More than 2 million SLT shares changed hands Friday with […]
UNP to help minority government remain in power
The United National Party(UNP) says it will help Sri Lanka’s minority government, headed by President Chandrika Kumaratunga, to remain in power though the party has intensified calls for presidential elections by the end of the year.The United National Party(UNP) says it will help Sri Lanka’s minority government, headed by President Chandrika Kumaratunga, to remain in […]
Split in Lankan coalition government
Colombo – Thursday: JVP leader Somawansa Amarasinghe confirming that the party had quit the coalition government over the tsunami aid sharing proposal. The Alliance government’s key coalition partner says its will sit in the opposition as an independent party. The Marxist JVP quit the coalition government effective from midnight Wednesday as an ultimatum to the […]
JVP on recruitment drive to form a new Sandhanaya
Colombo – Thursday: JVP leader Somawansa Amarasinghe confirming that the party had quit the coalition government over the tsunami aid sharing proposal. The Alliance government’s key coalition partner says its will sit in the opposition as an independent party. The Marxist JVP quit the coalition government effective from midnight Wednesday as an ultimatum to the […]
Split in Lankan coalition government – Government Propaganda
Colombo – Thursday: JVP General Secretary Tilvin Silva says the President carried out a propaganda campaign using the governments official seal. Silva seen here holding up a document the JVP claims was circulated in public, promoting the joint mechanism over which it quit the coalition government from midnight Wednesday. The party on Thursday sent an […]
Split in Lankan coalition government – Government Propaganda 2
Colombo – Thursday: JVP General Secretary Tilvin Silva says the President carried out a propaganda campaign using the governments official seal. Silva seen here holding up a document the JVP claims was circulated in public, promoting the joint mechanism over which it quit the coalition government from midnight Wednesday. The party on Thursday sent an […]
‘s rebuilding targets are optimistic
Top British officials say Sri Lanka’s reconstruction targets are optimistic at best, and urges setting up a controversial joint mechanism to share aid in rebel held areas of the North.Top British officials say Sri Lanka’s reconstruction targets are optimistic at best, and urges setting up a controversial joint mechanism to share aid in rebel held […]
Marxists Quit
COLOMBO (AFP) – The main Marxist coalition partner quit Sri Lanka’s government in protest against President Chandrika Kumaratunga’s plans to share tsunami aid with Tamil Tiger rebels, a party spokesman said.COLOMBO (AFP) – The main Marxist coalition partner quit Sri Lanka’s government in protest against President Chandrika Kumaratunga’s plans to share tsunami aid with Tamil […]