Tag: lbo

JVP supremo Somawanse Amerasinghe said among the biggest achievements of the party during the last year was reducing corruption, cutting of waste in ministries, and using the savings to buy a bus for ministry workers to travel.JVP supremo Somawanse Amerasinghe said among the biggest achievements of the party during the last year was reducing corruption, […]

Corporate leader activism is almost non-existent although the Cease Fire Agreement with the LTTE is delicately poised and political landscape slipping in to uncertainty.Corporate leader activism is almost non-existent although the Cease Fire Agreement with the LTTE is delicately poised and political landscape slipping in to uncertainty. The primacy of politics over economics is not […]

Political uncertainty and tsunami damage will make it tougher for Sri Lanka to halve poverty by 2015 according to a UN agency.Political uncertainty and tsunami damage will make it tougher for Sri Lanka to halve poverty by 2015 according to a UN agency. Millennium Development Goals (MDG) agreed five years ago by the UN to […]

JVP supremo Somawanse Amerasinghe said among the biggest achievements of the party during the last year was reducing corruption, cutting of waste in ministries, and using the savings to buy a bus for ministry workers to travel.JVP supremo Somawanse Amerasinghe said among the biggest achievements of the party during the last year was reducing corruption, […]

Norwegian Deputy Minister of Foreign Affairs, Vidar Helgesen, will arrive in Sri Lanka on Monday, for a five day political update.Norwegian Deputy Minister of Foreign Affairs, Vidar Helgesen, will arrive in Sri Lanka on Monday, for a five day political update. Helgesen is scheduled to meet President Chandrika Bandaranaike Kumaratunga and key stakeholders of Sri […]

Sri Lanka Telecom shares rose Friday, on investor perceptions that the stock is undervalued compared to the upcoming Dialog Telecom issue, traders said.Sri Lanka Telecom shares rose Friday, on investor perceptions that the stock is undervalued compared to the upcoming Dialog Telecom issue, traders said. More than 2 million SLT shares changed hands Friday with […]

On Thursday the International Labour Organisation (ILO) wrapped up its annual world conference with all member countries, including Sri Lanka, agreeing to focus on generating more jobs.On Thursday the International Labour Organisation (ILO) wrapped up its annual world conference with all member countries, including Sri Lanka, agreeing to focus on generating more jobs. The ILO […]

Sri Lanka Telecom shares rose Friday, on investor perceptions that the stock is undervalued compared to the upcoming Dialog Telecom issue, traders said.Sri Lanka Telecom shares rose Friday, on investor perceptions that the stock is undervalued compared to the upcoming Dialog Telecom issue, traders said. More than 2 million SLT shares changed hands Friday with […]

Top British officials say Sri Lanka’s reconstruction targets are optimistic at best, and urges setting up a controversial joint mechanism to share aid in rebel held areas of the North.Top British officials say Sri Lanka’s reconstruction targets are optimistic at best, and urges setting up a controversial joint mechanism to share aid in rebel held […]

Colombo – Tuesday: The Alliance government’s key coalition partner the JVP on Tuesday said it would raise a fresh alliance to defeat President Chandrika Kumaratunga and the opposition United National Party if it broke away from the government on Wednesday. The JVP has given the President an Wednesday midnight ultimatum to withdraw a proposal to […]

Colombo – Tuesday: This street hawker selling pineapples and many other like her mingle among JVP supporters gathered at the Lipton Circus on Tuesday protesting the proposed tsunami aid sharing proposal. The vendors who make an average Rs.500 a day say festivals, carnivals and protests are best for business, with sales more than doubling from […]

The United National Party(UNP) says it will help Sri Lanka’s minority government, headed by President Chandrika Kumaratunga, to remain in power though the party has intensified calls for presidential elections by the end of the year.The United National Party(UNP) says it will help Sri Lanka’s minority government, headed by President Chandrika Kumaratunga, to remain in […]