Economy

State of emergency in Sri Lanka

Sri Lanka's President declared a state of emergency on Saturday following the assassination of foreign minister Lakshman Kadirgamar at his residence late …

Sri Lanka foreign minister warned of assassination bid: police chief

Sri Lankan security authorities admitted a security lapse Saturday after the sniper assassination of the nation's foreign minister, Lakshman Kadirgamar. online …

Tsunami victims cant rebuild because banks want lost documents

Sri Lankan tsunami victims suffocating in bureaucracy with no say in their future. buy hydroxychloroquine online …

Colombo Stock Exchange tours Australia

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. …

Sri Lanka hopes to keep budget gap below 9%

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 …

UN says tsunami victims not properly consulted for reconstruction

Seven months after the tsunami, the UN says tsunami victims in Sri Lanka have not been properly consulted in tsunami reconstruction. buy strattera online …

Sri Lanka faces Rs. 10 bn revenue shortfall due to recent populist tax cuts

Over one and quarter billion rupees is likely to be lost due to government's recent Value Added Tax (VAT) exemptions on milk-powder and LP Gas. Over one and …

President condemns Jaffna deaths

Sri Lanka's President Chandrika Kumaratunga has condemned the deaths of a police official and a barber in the northern town of Jaffna Sri Lanka's President …

Curfew in Sri Lanka’s northern Jaffna after top policeman killed

Security was stepped up and a curfew imposed in Sri Lanka's northern Jaffna peninsula following the murder of a senior police officer and a sharp rise of …

VAT on milks foods and gas to be removed to reduce cost of living

The government announced it will remove VAT on milk foods and gas to reduce the cost of living but increased VAT on other items without announcing it. online …

Sri Lankan policeman killed by mob after barber’s death

A senior police officer was murdered by a mob in northern Sri Lanka Thursday after a barber giving a hair cut was accidentally shot dead, police chief Chandra …

IMF bowls a googly to Sri Lanka

The International Monetary Fund on Wednesday urged Sri Lanka to restore the independence of its Central Bank, tighten monetary policy and urged cut backs in …

VAT on luxury items goes up to 20%

Value Added Tax or VAT on the government list of luxury items went up from 18 percent to 20 percent from August 1, said the Inland Revenue. Value Added Tax or …

Pumping in fresh water post tsunami

The International Red Cross and Red Crescent Society will pump in some US$ 30 mn over two years to set up water treatment and distribution systems in tsunami …

Norwegian mediator puts work in Sri Lanka on hold

OSLO, Aug 1 (AFP) - A leading Norwegian mediator in the ongoing peace process in Sri Lanka said on Monday he would put his mediation work on hold to …

Sri Lanka July annualized inflation 12.7%

Sri Lanka's consumer price index rose 12. online pharmacy buy arimidex with best prices today in the USA 7 percent in the 12 months to the end of July, …

The race for Presidency in Sri Lanka has begun

The Sri Lanka Freedom Party(SLFP) officially announced Prime Minister Mahinda Rajapaksa as the party’s presidential candidate on Thursday. buy antabuse …

Sri Lanka PM wins party nomination for presidency

Sri Lanka's ruling party has chosen Prime Minister Mahinda Rajapakse as its candidate for the presidency amid a deepening controversy over when the poll should …

Chinese currency adjustment hits Sri Lankan consumers

China’s currency adjustment last week will trickle down to Sri Lankan consumers as another unwelcome price increase, say local businesses. China’s currency …

IMF raps Sri Lanka on fiscal transparency

The International Monetary Fund has rapped Sri Lanka for slipping up on fiscal transparency and poor reporting standards, in the latest country report released …