Tag: lankabusinessonline
WTO to pay special attention to small economies like Sri Lanka
The World Trade Organisation (WTO) agrees to pay special attention to small, vulnerable economies like Sri Lanka, during international trade talks.The World Trade Organisation (WTO) agrees to pay special attention to small, vulnerable economies like Sri Lanka, during international trade talks. The WTOs draft text for its Ministerial meeting in December, calls on WTO countries […]
World Bank gives economic management tips to Sri Lanka’s new policymakers
Sri Lanka’s new political leadership needs to instill investor confidence, halt galloping inflation and interest rates, if the island is to move beyond a five percent growth, the World Bank’s country chief said Saturday.Sri Lanka’s new political leadership needs to instill investor confidence, halt galloping inflation and interest rates, if the island is to move […]
‘s new policymakers
Sri Lanka’s new political leadership needs to instill investor confidence, halt galloping inflation and interest rates, if the island is to move beyond a five percent growth, the World Bank’s country chief said Saturday.Sri Lanka’s new political leadership needs to instill investor confidence, halt galloping inflation and interest rates, if the island is to move […]
Hot Water
Retail fuel giant Lanka IOC Ltd reported 69 percent drop in second-quarter earnings on Friday as government imposed subsidies and record world crude prices erased profit margins.Retail fuel giant Lanka IOC Ltd reported 69 percent drop in second-quarter earnings on Friday as government imposed subsidies and record world crude prices erased profit margins. Lanka IOC […]
President’s speech fails to inspire the market
President Mahinda Rajapaksa failed to inspire the weather dampened Colombo bourse in his inaugural speech in parliament on Friday. President Mahinda Rajapaksa failed to inspire the weather dampened Colombo bourse in his inaugural speech in parliament on Friday. Towards the market close, the All Share Index was trading 16.4 points lower at 2200, with turnover […]
Rajapaksa govt. looks at 8% growth and rural development
Sri Lanka’s fifth executive president made his first address to parliament on Friday, setting out his policy framework for his six year term in office. Sri Lanka’s fifth executive president made his first address to parliament on Friday, setting out his policy framework for his six year term in office. Replacing the defunked Post Tsunami […]
‘s speech fails to inspire the market
President Mahinda Rajapaksa failed to inspire the weather dampened Colombo bourse in his inaugural speech in parliament on Friday. President Mahinda Rajapaksa failed to inspire the weather dampened Colombo bourse in his inaugural speech in parliament on Friday. Towards the market close, the All Share Index was trading 16.4 points lower at 2200, with turnover […]
Sri Lanka president demands new truce with Tigers
Sri Lanka’s new President Mahinda Rajapakse Friday demanded a new ceasefire arrangement with Tamil Tiger rebels and called for “transparent” monitoring of the Norwegian-brokered truce.Sri Lanka’s new President Mahinda Rajapakse Friday demanded a new ceasefire arrangement with Tamil Tiger rebels and called for “transparent” monitoring of the Norwegian-brokered truce. Rajapakse in his first policy statement […]
If they were President, 97% of Sri Lankan children will abandon war
If they were President, 97 percent of Sri Lankan children will abandon war for peace, shows island wide children’s poll. If they were President, 97 percent of Sri Lankan children will abandon war for peace, shows island wide children’s poll. The children of Sri Lanka – a tropical island that has seen nearly 20 years […]
Tigers to set the course for Sri Lanka’s new government
Sri Lanka’s new hawkish president is to make a policy statement pledging prosperity, but analysts and diplomats say they are focusing on a speech by the Tamil rebel leader this weekend that could fan fears of a slide back to civil war.Sri Lanka’s new hawkish president is to make a policy statement pledging prosperity, but […]
‘s new government
Sri Lanka’s new hawkish president is to make a policy statement pledging prosperity, but analysts and diplomats say they are focusing on a speech by the Tamil rebel leader this weekend that could fan fears of a slide back to civil war.Sri Lanka’s new hawkish president is to make a policy statement pledging prosperity, but […]
UNP is claiming political victimisation of UNP supporters
Sri Lanka’s main political opposition, the UNP is claiming political victimisation of UNP supporters after Presidential elections.Sri Lanka’s main political opposition, the UNP is claiming political victimisation of UNP supporters after Presidential elections. The UNP told journalists on Thursday that hundreds of UNP supporters in state institutions – mainly the Ceylon Petroleum Corporation and the […]