Tamil Tigers ease war fears in Sri Lanka as president renews talks offer

A Tamil Tiger deadline for a political deal in Sri Lanka eased fears of an immediate return to war in the South Asian nation and left room for the new government to manoeuvre, analysts said Monday.A Tamil Tiger deadline for a political deal in Sri Lanka eased fears of an immediate return to war in […]

Sri Lanka’s Tigers issue deadline to resume war for independence

Sri Lanka’s Tamil Tiger rebels Sunday set a year-end deadline for the new government to come up with a “reasonable” political settlement or risk a war that could break up the island.Sri Lanka’s Tamil Tiger rebels Sunday set a year-end deadline for the new government to come up with a “reasonable” political settlement or risk […]

‘s Tigers issue deadline to resume war for independence

Sri Lanka’s Tamil Tiger rebels Sunday set a year-end deadline for the new government to come up with a “reasonable” political settlement or risk a war that could break up the island.Sri Lanka’s Tamil Tiger rebels Sunday set a year-end deadline for the new government to come up with a “reasonable” political settlement or risk […]

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 […]

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 […]

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 […]

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