Category: Economy and Markets

Mar 26, 2006 (LBO) – Sri Lanka’s central bank has to gain independence from the treasury, if it is to bring down inflation and protect the poor, a top Indian economist said. . Until the balance of payments crisis in the early 90’s forced the Indian government to open the economy and undertake major reforms, […]

KILINOCHCHI, Jan 25, 2006 (AFP) – Norway’s top peace envoy Wednesday began talks with Tamil rebels in northern Sri Lanka aimed at saving a troubled ceasefire amid rising violence, including bomb attacks in the capital.KILINOCHCHI, Jan 25, 2006 (AFP) – Norway’s top peace envoy Wednesday began talks with Tamil rebels in northern Sri Lanka aimed […]

Jan 25 (AFP) – Sri Lanka’s Tamil Tiger rebels are key suspects in a string of bomb attacks in the capital, police sources said, as a Norwegian envoy arrived in guerrilla-held territory for talks on saving a failing peace drive.Jan 25 (AFP) – Sri Lanka’s Tamil Tiger rebels are key suspects in a string of […]

KILINOCHCHI, Jan 25 (AFP) – Tamil Tiger rebels Wednesday agreed to hold talks with the Sri Lankan government in Geneva in mid-February, a top Norwegian peace broker said here after hectic closed-door negotiations.KILINOCHCHI, Jan 25 (AFP) – Tamil Tiger rebels Wednesday agreed to hold talks with the Sri Lankan government in Geneva in mid-February, a […]

Jan 24 (LBO) – The latest round of World Trade Organisation (WTO) talks in Hong Kong, has “neutral” impact on Sri Lanka, say trade experts.Jan 24 (LBO) – The latest round of World Trade Organisation (WTO) talks in Hong Kong, has “neutral” impact on Sri Lanka, say trade experts. The outcome of the sixth WTO […]

Jan. 24 (AFP) – Sri Lanka’s president on Tuesday asked peace broker Norway to arrange early talks with Tamil Tiger rebels and help stem the latest wave of violence that has killed at least 151 people, officials said.Jan. 24 (AFP) – Sri Lanka’s president on Tuesday asked peace broker Norway to arrange early talks with […]

Jan. 24 (AFP) – Five simultaneous blasts rocked the jittery Sri Lankan capital Colombo Tuesday but caused no casualties, police said.Jan. 24 (AFP) – Five simultaneous blasts rocked the jittery Sri Lankan capital Colombo Tuesday but caused no casualties, police said. The blasts caused panic in the capital and suburbs, with police and security forces […]

Jan. 23 (LBO) – Over a year after the 2004 December tsunami, residents of 32 affected coastal villages will test a satellite based disaster warning system, prior to coast wide implementation.Jan. 23 (LBO) – Over a year after the 2004 December tsunami, residents of 32 affected coastal villages will test a satellite based disaster warning […]

Jan. 23 (LBO) – The United States Monday asked the government to disarm paramilitary groups operating in the northeast as an escalation of violence left three soldiers dead.Jan. 23 (LBO) – The United States Monday asked the government to disarm paramilitary groups operating in the northeast as an escalation of violence left three soldiers dead. […]

Jan 22. (AFP) – Sri Lanka on Sunday offered a compromise to end a deadlock in peace moves with Tamil rebels when a Norwegian envoy visits this week, following violence that has claimed 140 lives in two months.The government said it was ready to make concessions on a venue for talks when Norway’s International Development […]

A top Indian economist said the Indian experience in dealing with inflation is a model for Sri Lanka.A top Indian economist said the Indian experience in dealing with inflation is a model for Sri Lanka. He says there are many similarities between Sri Lanka’s current macro indicators and those of India in the mid-nineties. Since […]