Economy

Second Warning

Continuing its campaign against pyramid schemes, Central Bank is again warning the public that persons who buy a product, not for its own sake but expecting …

Bomb in Colombo

The Colombo stockmarket reacted negatively to the Wednesday morning suicide bomb explosion that has so far left four dead and fifteen others in hospital,. The …

Colombo Rocks

The bomber was escorted to a police station opposite the US and British diplomatic missions after security guards prevented her from entering a ministry in the …

Govt. Inc.

The government is going to expand its role in the economy with more spending on infrastructure and subsidies.Unveiling the governments economic policy the …

Thinking of U

A new government sponsored agency under the Presidents control and headed by a top bureaucrat has been put in charge of policy formulation and implementation. …

Rising Expectations

Sri Lankas inflation rate for June shifted up to 3.9 percent on the back of rising prices of essential goods like rice, red onions, potatoes and vegetables.The …

Holding On – Updated

The Central Bank on Tuesday reiterated its call for political stability, fiscal discipline and structural reforms to enable the economy grow by five percent …

Driving Hard

Sri Lankas slow moving infrastructure projects are lined up for fast forward implementation through a new central coordinating body, says the Treasury …

Naked Truth

Visiting Singaporean Premier asked Sri Lanka to come up with an overall competitive package and not just incentives, if it wants to lure foreign investors."Sri …

Going Blue

Sri Lanka may have missed the bus with the green revolution, but the blue can work in the islands favour, say local scientists. With hungry mouths increasing …

Not Their Style

The Freedom Alliance Government says recent security scares are not the LTTEs style, but suspect other interested parties working to frighten citizens and …

Hideaway

Sri Lankas government admitted Thursday that somernmilitary personnel supported and possibly sheltered a renegade rebel leaderrndespite Tamil Tiger warnings …

Smooth Talk

The United States says it will revive talks on a free trade agreement (FTA) with Sri Lanka but will not remove the terrorist label from the LTTE."We will …

Big Jump

Sri Lankas import bill for April overtook the countrys export revenues, despite higher earnings from money spinners like apparels and tea, the Central Bank …

Hard Landing

Sri Lankas economic growth is expected to have fallen sharply in the first quarter of 2004 from the previous three months, as the services sector suffered from …

Pipe Dreams

An independent US economic think tank says that a potential trade pact with the United States will help the Sri Lankan economy grow by at least …

Lets Chat

The United States says it is keen to pursue a trade pact with Sri Lanka and agreed to meet in October to iron out issues.US Trade Representative, Robert B …

Wake Up

Sri Lankas top trade chambers have asked the government to wake up to the realities facing the economy and for legislators to stop misbehaving in …

Capital Punishment

The government has set up an agency to independently manage commercial enterprises rather than privatize them as critics slammed it saying across the board …

Why Watch

The EU election monitors to Sri Lanka says another monitoring mission is not likely unless its repeated recommendations are implemented.The election monitors …