Category: Economy and Markets
Sri Lanka keen for early truce talks with Tamil rebels: Norway
Sri Lanka’s government is keen to have early talks to salvage a truce with Tamil Tiger rebels after both sides agreed to a review of the ceasefire, peacebroker Norway said Saturday.Sri Lanka’s government is keen to have early talks to salvage a truce with Tamil Tiger rebels after both sides agreed to a review of […]
Tigers agree to review Sri Lanka truce, emergency extended
Sri Lanka’s Tamil Tiger rebels have agreed to meet with the government and review their truce which was threatened following the assassination of the foreign minister, the BBC reported. Sri Lanka’s Tamil Tiger rebels have agreed to meet with the government and review their truce which was threatened following the assassination of the foreign minister, […]
Norway clinches breakthrough in Sri Lanka peace bid, talks soon
Sri Lanka’s Tamil Tiger rebels Friday agreed to lift a 30-month deadlock in the Norwegian-brokered peace bid and open face-to-face talks with the Colombo government to salvage their troubled truce.Sri Lanka’s Tamil Tiger rebels Friday agreed to lift a 30-month deadlock in the Norwegian-brokered peace bid and open face-to-face talks with the Colombo government to […]
Government wants review of enforcement aspects of cease fire agreement
The government of Sri Lanka wants to review enforcement aspects of the island’s cease fire agreement with Tamil insurgents. The government of Sri Lanka wants to review enforcement aspects of the island’s cease fire agreement with Tamil insurgents. Cabinet spokesman Nimal Siripala de Silva said on Thursday that President Chandrika Bandaranaike Kumaratunga had asked for […]
Sri Lanka to extend emergency as Norway holds talks on peace process
Sri Lanka’s president called for a month’s extension of a state of emergency to give police and troops greater powers to hunt down the assassins of the country’s foreign minister.Sri Lanka’s president called for a month’s extension of a state of emergency to give police and troops greater powers to hunt down the assassins of […]
Norway asked to tame Tigers to protect Sri Lankan ceasefire
Sri Lanka has asked peacebroker Norway to get Tamil rebels to accept new measures to safeguard a ceasefire threatened by the killing of the island’s foreign minister, an official source said Wednesday. Sri Lanka has asked peacebroker Norway to get Tamil rebels to accept new measures to safeguard a ceasefire threatened by the killing of […]
Sri Lanka holds key rate to assist economic recovery
Sri Lanka’s Central Bank left its key policy rates unchanged on Wednesday to help the island’s continued economic recovery from last year’s tsunami.Sri Lanka’s Central Bank left its key policy rates unchanged on Wednesday to help the island’s continued economic recovery from last year’s tsunami. The repurchase rate at which it drains money from the […]
‘s inflation
Despite ad hoc attempts to tame inflation through populist measures, soaring international crude prices could prompt Sri Lanka’s Central Bank to think long and hard about hiking short-term rates next month, market watchers said Wednesday. Despite ad hoc attempts to tame inflation through populist measures, soaring international crude prices could prompt Sri Lanka’s Central Bank […]
Populist tax cuts could fail to tame Sri Lanka’s inflation
Despite ad hoc attempts to tame inflation through populist measures, soaring international crude prices could prompt Sri Lanka’s Central Bank to think long and hard about hiking short-term rates next month, market watchers said Wednesday. Despite ad hoc attempts to tame inflation through populist measures, soaring international crude prices could prompt Sri Lanka’s Central Bank […]
‘s policy rate announcement
Sri Lanka’s treasury yields kept its upward momentum ahead of Wednesday’s monetary policy review announcement. Sri Lanka’s treasury yields kept its upward momentum ahead of Wednesday’s monetary policy review announcement. The Central Bank said it sold one year treasury notes at a yield of 9.41 percent, slightly up from last week’s 9.39 percent. Yields for […]
Treasury rates move up ahead of Wed.’s policy rate announcement
Sri Lanka’s treasury yields kept its upward momentum ahead of Wednesday’s monetary policy review announcement. Sri Lanka’s treasury yields kept its upward momentum ahead of Wednesday’s monetary policy review announcement. The Central Bank said it sold one year treasury notes at a yield of 9.41 percent, slightly up from last week’s 9.39 percent. Yields for […]
” peace process after killing
Sri Lanka Monday said it will undertake a “serious review” of the Norwegian-backed peace process following the assassination of foreign minister Lakshman Kadirgamar by suspected Tamil Tiger rebels.Sri Lanka Monday said it will undertake a “serious review” of the Norwegian-backed peace process following the assassination of foreign minister Lakshman Kadirgamar by suspected Tamil Tiger rebels. […]