Category: Economy and Markets

The United Nations special envoy for tsunami recovery, former US president Bill Clinton, arrived in Sri Lanka to inspect reconstruction efforts in the island nation, UN officials said. The United Nations special envoy for tsunami recovery, former US president Bill Clinton, arrived in Sri Lanka to inspect reconstruction efforts in the island nation, UN officials […]

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 […]

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 […]

Sri Lanka’s new President Mahinda Rajapakse Monday invited the Tamil Tigers for peace talks a day after the separatist guerrillas issued a deadline for him to cut a peace deal quickly or risk a new war.Sri Lanka’s new President Mahinda Rajapakse Monday invited the Tamil Tigers for peace talks a day after the separatist guerrillas […]

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 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 […]

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’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’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 […]

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’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 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 […]