Economy

Govt. says it is flexible to restart peace talks and ask LTTE to do the same.

Denying accusations of playing snakes and ladders with the process, the government said it was ‘flexible’ in its approach and dismissed peace broker …

Norway fails to break the deadlock between the government and the LTTE

Sri Lanka's peace broker Norway has failed to secure an agreement with Tamil Tiger rebels to resume talks with the Colombo government, President Chandrika …

Lack of proper identification at crime scenes, stumps local law enforcement authorities

If you plan to shoot off someone in Sri Lanka, please make a note to leave behind indisputable proof - like an identity card - to help local law enforcement …

A top Donor warned the government that aid and investment flows would dry-up if progress is not made in peace talks.

A top Donor warned the government that aid and investment flows would dry-up if progress is not made in peace talks. online pharmacy buy abilify with best …

The Sri Lankan government will comfort families of migrant workers with therapy sessions.

The Sri Lankan government will comfort families of migrant workers with therapy sessions. The Sri Lankan government will comfort families of migrant workers …

Trade deficit for May expands on falling apparel earnings and higher oil bill

Sri Lanka’s trade deficit for May expanded, on the back of a heavy oil bill and a drop in apparel sector revenues, the Central Bank said Monday. online …

The World Bank lends US$ 64.7 mn for agro and community development projects in the North & East.

The World Bank has come forward with a US$ 64.7 mn loan to finance agro and community development projects in the North & East. The World Bank has come forward …

India wants 187 items removed from Sri Lanka’s negative list that gives protection to 1,180 items

Sri Lanka and India will meet in mid August for another round of hard bargaining on the Indo-Sri Lanka Free Trade Agreement (ISLFTA). online pharmacy buy …

Six-month tourist arrivals to the paradise isle are slightly wobbly, responding to the peace sensitivity index, but are on track with year-end expectations.

Six-month tourist arrivals to the paradise isle are slightly wobbly, responding to the peace sensitivity index, but are on track with year-end expectations. …

Donors want a joint aid group that was set up last year, to get moving to better plan aid and ensure funds go down to the levels its meant to reach.

Donors want a joint aid group that was set up last year and including government, to get moving to better plan aid and ensure funds go down to the levels its …

Sri Lanka may lose hard won access concessions into the EU market, if local labour laws are not liberalised fast.

Sri Lanka may lose hard won access concessions into the EU market, if local labour laws are not liberalised fast. buy phenergan online …

Friendly Overtures

India says it is looking at new areas for enhancing economic cooperation with Sri Lanka, including agriculture, and a line of credit for the island nation was …

Ten percent of the Lanka’s reserves have been drained so far, as the Central Bank tries to defend a weak rupee.

Ten percent of the country’s reserves have been drained this year as the Central Bank intervened in the market to defend the Rupee, which is on a steady …

US Lanka talks on “MegaPorts”

The United States and Sri Lanka will soon enter discussions regarding the island's participation in "MegaPorts," a U.S. Department of Energy (DOE) initiative …

Treasury Secretary invites exporters for talks

The Treasury Secretary gave an open invitation to exporters and SME’s to form industry clusters under the National Council for Economic Development (NCED) on …

About US$ 3 bn, 96 projects and 50-years later, Sri Lanka is still begging for World Bank help

About US$ 3 bn, 96 projects and 50-years later, Sri Lanka is still begging for financial assistance from the World Bank. About US$ 3 bn, 96 projects and …

Central Bank backs agro growth through credit from formal financial sector, rather than direct intervention

Central Bank's new thrust to grow the agriculture sector would be backed by credit from the formal financial sector, rather than direct intervention from the …

Love Lost

Rising inflation and falling reserves is likely to put an end to Sri Lankas eight month long honeymoon with low interest rates.The Central Bank hinted that it …

Drying Up

Aid flows fell sharply in the first five months as the government lost donor support due to policy about-turns.Gross inflows in the first five months amounted …

Turning 50

Sri Lanka and the World Bank sealed half-a-century of cooperation on Friday by inking another large-scale development aid package.Sri Lanka joined the World …