Category: Economy and Markets
‘s president raps donors for slow progress in post tsunami work
In a serious indictment on the international community, Sri Lankan President Chandrika Kumaratunga has rapped donors for not repatriating funds and delaying post-tsunami reconstruction work, her office said in a statement on Saturday.In a serious indictment on the international community, Sri Lankan President Chandrika Kumaratunga has rapped donors for not repatriating funds and delaying post-tsunami […]
Sri Lanka’s president raps donors for slow progress in post tsunami work
In a serious indictment on the international community, Sri Lankan President Chandrika Kumaratunga has rapped donors for not repatriating funds and delaying post-tsunami reconstruction work, her office said in a statement on Saturday.In a serious indictment on the international community, Sri Lankan President Chandrika Kumaratunga has rapped donors for not repatriating funds and delaying post-tsunami […]
Sri Lanka hopes to contain its 2006’s budget deficit at 8.2 percent of GNP
Sri Lanka hopes to contain its 2006’s budget deficit at 8.2 percent of GNP while keeping total expenses within Rs.1003 billion. Sri Lanka hopes to contain its 2006’s budget deficit at 8.2 percent of GNP while keeping total expenses within Rs. 1003 billion. Cabinet Spokesperson and Health Minister Nimal Siripala de Silva on Friday said […]
Sri Lanka forecasts 2006 budget deficit at 8.2 percent of GNP
Sri Lanka hopes to contain its 2006’s budget deficit at 8.2 percent of gross national product (GNP) while keeping total expenses within Rs.1003 billion. Sri Lanka hopes to contain its 2006’s budget deficit at 8.2 percent of gross national product (GNP) while keeping total expenses within Rs. 1003 billion. Government spending is estimated at Rs. […]
Sri Lanka extends state of emergency
Sri Lanka’s parliament Wednesday extended by a further month the state of emergency imposed shortly after the assassination of Foreign Minister Lakshman Kadirgamar. Sri Lanka’s parliament Wednesday extended by a further month the state of emergency imposed shortly after the assassination of Foreign Minister Lakshman Kadirgamar. Parliament voted 118 for and 24 against the tough […]
Sri Lanka steps up surveillance on counterfeit notes
Sri Lanka’s Central Bank is ramping up efforts to stamp out forged notes, after a steep rise in counterfeiting activities in the past few months, officials said Tuesday. Sri Lanka’s Central Bank is ramping up efforts to stamp out forged notes, after a steep rise in counterfeiting activities in the past few months, officials said […]
Sri Lanka warned to keep war rhetoric down, Tigers take flak
Top foreign aid donors Tuesday warned Sri Lankan political parties against undermining a fragile peace process and accused Tamil Tiger rebels of carrying out political assassinations to jeopardise a truce.Top foreign aid donors Tuesday warned Sri Lankan political parties against undermining a fragile peace process and accused Tamil Tiger rebels of carrying out political assassinations […]
Peace Co-Chairs say government responsible to disarm armed factions
The Co-Chairs of Sri Lanka’s peace process says the government is responsible to disarm armed factions and makes no commitments of international pressure against the LTTE.The Co-Chairs of Sri Lanka’s peace process says the government is responsible to disarm armed factions and makes no commitments of international pressure against the LTTE. The government of Sri […]
Public sector trade unions deant rights to confederate
Public sector trade unions in Sri Lanka demand legal changes to trade union laws to lobby under a common front.Public sector trade unions in Sri Lanka demand legal changes to trade union laws to lobby under a common front. Sri Lanka’s public sector contains around 800 trade unions but trade unions say they are restricted […]
Elections Commissioner confirms November poll date
The Elections Department on Monday announced that Sri Lanka will go to polls on November 17, 2005 to elect a new President. Nominations for the polls will open on October 7, 2005.Update to Follow The Elections Department on Monday announced that Sri Lanka will go to polls on November 17, 2005 to elect a new […]
Elections Department confirms November date for Presidential polls
The Elections Department on Monday announced that Sri Lanka will go to polls on November 17, 2005 to elect a new President.The Elections Department on Monday announced that Sri Lanka will go to polls on November 17, 2005 to elect a new President. Nominations for the polls will open on October 7, 2005, between 9.00 […]
‘s Leasing raises funds to feed its hire purchase business
People’s Leasing Company has raised Rs.400 million by securitising part of its small but growing hire purchase portfolio, the firm said Monday.People’s Leasing Company has raised Rs. 400 million by securitising part of its small but growing hire purchase portfolio, the firm said Monday. Hire purchasing accounts for Rs 3 billion of the firm’s business […]