Category: Economy and Markets

Sri Lanka’s President declared a state of emergency on Saturday following the assassination of foreign minister Lakshman Kadirgamar at his residence late Friday.Sri Lanka’s President declared a state of emergency on Saturday following the assassination of foreign minister Lakshman Kadirgamar at his residence late Friday. Kadirgamar 73, was shot in the head and chest by […]

Sri Lankan security authorities admitted a security lapse Saturday after the sniper assassination of the nation’s foreign minister, Lakshman Kadirgamar.Sri Lankan security authorities admitted a security lapse Saturday after the sniper assassination of the nation’s foreign minister, Lakshman Kadirgamar. Colombo police chief Chandra Fernando said the killers, believed to be two, shot the minister Friday […]

Sri Lanka’s Foreign Minister Lakshman Kadirgamar has died in hospital after being shot by a sniper in the capital, hospital spokeswoman Pushpa Soysa told AFP.Sri Lanka’s Foreign Minister Lakshman Kadirgamar has died in hospital after being shot by a sniper in the capital, hospital spokeswoman Pushpa Soysa told AFP. He was pronounced dead after four […]

Sri Lanka’s Foreign Minister Lakshman Kadirgamar was assassinated on Friday night by unidentified snipers in the capital, the military and hospital sources said.Sri Lanka’s Foreign Minister Lakshman Kadirgamar was assassinated on Friday night by unidentified snipers in the capital, the military and hospital sources said. Kadirgamar, 73, was hit by several bullets in the head […]

Sri Lankan tsunami victims suffocating in bureaucracy with no say in their future.Sri Lankan tsunami victims suffocating in bureaucracy with no say in their future. A survey by the Institute of Policy Studies (IPS) shows that despite many government sponsored livelihood rehabilitation schemes, tsunami victims in Sri Lanka can’t access money to rebuild their lives. […]

The Colombo Stock Exchange will go on tour to Australia and New Zealand, trying to convince potential investors to cash in on Asia’s best performing market. The Colombo Stock Exchange will go on tour to Australia and New Zealand, trying to convince potential investors to cash in on Asia’s best performing market. The Investor Road […]

The Sri Lankan government expects its budget deficit to be less than 9% of gross domestic product in 2005, helped by steady revenue growth, the country’s treasury secretary said Wednesday.The Sri Lankan government expects its budget deficit to be less than 9% of gross domestic product in 2005, helped by steady revenue growth, the country’s […]

Seven months after the tsunami, the UN says tsunami victims in Sri Lanka have not been properly consulted in tsunami reconstruction.Seven months after the tsunami, the UN says tsunami victims in Sri Lanka have not been properly consulted in tsunami reconstruction. “Since the tsunami last year, a greater part of post-tsunami relief, reconstruction and rehabilitation […]