New president rejects Sri Lanka budget

Sri Lanka’s new President Mahinda Rajapakse Saturday announced he would ditch the national budget for 2006 pending before parliament after it was presented by his predecessor two weeks ago. Sri Lanka’s new President Mahinda Rajapakse Saturday announced he would ditch the national budget for 2006 pending before parliament after it was presented by his predecessor […]

Bomb attack on mosque kills three in Sri Lanka

Unidentified attackers lobbed grenades into a mosque in eastern Sri Lanka Friday, killing three men at prayer and wounding at least 25, local residents said.Unidentified attackers lobbed grenades into a mosque in eastern Sri Lanka Friday, killing three men at prayer and wounding at least 25, local residents said. The blasts ripped through the mosque […]

Close fight for Sri Lankan presidency at half-way mark

Sri Lanka’s Prime Minister Mahinda Rajapakse was marginally ahead of his main rival after 50 percent of votes were counted in the country’s presidential election, officials said Friday.Sri Lanka’s Prime Minister Mahinda Rajapakse was marginally ahead of his main rival after 50 percent of votes were counted in the country’s presidential election, officials said Friday. […]

Rival Sri Lankan leaders neck-and-neck in race for presidency

Sri Lankan Premier Mahinda Rajapakse was marginally ahead of his rival-in-chief after 50 percent of votes were counted in a presidential ballot boycotted by minority Tamils, officials said Friday.Sri Lankan Premier Mahinda Rajapakse was marginally ahead of his rival-in-chief after 50 percent of votes were counted in a presidential ballot boycotted by minority Tamils, officials […]

Sri Lankan stocks likely to head south when markets open

Punters playing Sri Lankan stocks will look for a clear direction from Thursday’s presidential poll before placing bets, when trading opens today, analysts said. Punters playing Sri Lankan stocks will look for a clear direction from Thursday’s presidential poll before placing bets, when trading opens today, analysts said. Prime Minister Mahinda Rajapakse was marginally ahead […]

Results So Far

Candidate Total Votes % Mahinda Rajapaksha 4,880,950 50.33% Ranil Wickramasinghe 4,694,622 48.40% Others N/A   Source Elections Department Candidate Total Votes

‘s tiny bourse

Sri Lanka’s tiny stockmarket plunged when trading opened on Friday as investor dumped stocks on news that premier Mahinda Rajapakse had taken an early lead in Thursday’s presidential poll, brokers said.Sri Lanka’s tiny stockmarket plunged when trading opened on Friday as investor dumped stocks on news that premier Mahinda Rajapakse had taken an early lead […]

Sri Lanka PM wins presidency: official results

Sri Lanka’s socialist Prime Minister Mahinda Rajapakse won the presidency with 50.33 percent of the popular vote, according to official results released Friday by the elections’ commissioner.Sri Lanka’s socialist Prime Minister Mahinda Rajapakse won the presidency with 50.33 percent of the popular vote, according to official results released Friday by the elections’ commissioner. Rajapaske, who […]

Socialist PM wins Sri Lankan presidency

Socialist Prime Minister Mahinda Rajapakse won Sri Lanka’s tightly-fought battle for the presidency, results showed Friday as the stock market reacted with a record crash amid fresh violence.Socialist Prime Minister Mahinda Rajapakse won Sri Lanka’s tightly-fought battle for the presidency, results showed Friday as the stock market reacted with a record crash amid fresh violence. […]

Current cabinet will stay for now

UPFA officials say the current cabinet of ministers will be sworn in as is, as there will be no immediate change to the government decision making body. UPFA officials say the current cabinet of ministers will be sworn in as is, as there will be no immediate change to the government decision making body. The […]

Bloodbath on Sri Lanka’s tiny bourse

Sri Lanka’s tiny stockmarket plunged when trading opened on Friday as investor dumped stocks on news that premier Mahinda Rajapakse had taken an early lead in Thursday’s presidential poll, brokers said.Sri Lanka’s tiny stockmarket plunged when trading opened on Friday as investor dumped stocks on news that premier Mahinda Rajapakse had taken an early lead […]

Polls chief asks presedent elect to let him quit

Elections Commissioner Dayananda Dissanayake made a humble plea or in his words ‘a final request’ from the new President on Friday, asking to let him retire in peace at least now. Elections Commissioner Dayananda Dissanayake made a humble plea or in his words ‘a final request’ from the new President on Friday, asking to let […]

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