Economy

Sooner The Better

The Central Bank says sooner the oil price adjustment is made the better for the Sri Lankan economy, which has become increasingly open in recent years. Though …

Murky Waters

With only a month and a half to go for an agreement by end July, the world multilateral trading system is facing an uncertain future if countries cannot settle …

Country Gardens

The city of Nuwara Eliya is trying to clean up its trading activity to bring back its scenic beauty but the change of government put plans on hold.Nuwara Eliya …

Make Up Please!

Twelve State entities handpicked for a commercial makeover, will be set targets to clean up their act and look for private investment, a top government …

Tough Talk

The Sri Lankan government said Monday that it will refrain from a mass hiring of management trainees for positions in 12 key state enterprises.The government …

Hang On

US interest in Sri Lanka went inland to the conflict riddled Eastern districts of Ampara and Batticaloa this week to emphasise the benefits of peace.This week, …

New Brooms

President Chandrika Kumaratunga promised to overhaul the countrys messy tax system, introduce laws to help sick companies and inject policies to achieve a six …

Load Of Gas

Concerns are rising among apartment developers that the proposed transfer tax on land may hit the industry.The Ministry of Lands announced a Cabinet decision …

Top Brass

The government has appointed top private sector businessmen to drive its economic agenda, the Presidential Secretariat said.Treasury Secretary Dr. P B …

Sinking Ship

Cabinet spokesperson Jeyraj Fernadopulle said Tuesday, that there might be lquote no other alternative but another election, if Parliament continues to be …

Image Wise

South Asia is home to a quarter of the worlds population and a quarter of the worlds reserves of major minerals but the rest of the world knows little about …

Parliament Jokes

Sri Lankas Buddhist monk Parliamentarians staged a demonstration in Colombo on Wednesday for a better-behaved legislature for the island.rnThe JHU (Jathika …

Holy Brawl

Two Buddhist monk legislators were admitted to hospital Tuesday following an unprecedented brawl in Sri Lankas parliament initiated by ruling party lawmakers, …

Tigers Tail

The key to unlocking the US$ 4.5 bn Tokyo aid is to restart peace talks endash but the governments main ally the JVP wants the LTTE to first lift its …

Flash Floods

Sri Lankas government has received 52,000 jobrnapplications after a decision to hire unemployed university graduates intornthe public service, a Finance …

Friendly Chat

The meeting came a day after the Tamil insurgents warned of "calamityrnand destruction" unless the killings stop. They accused the military ofrnbeing behind …

Bonding Together

The EU-Sri Lanka Partenariat 2004 kicked off, paving the way for joint ventures, partnerships, marketing cooperation and the transfer of technologies between …

Clear Voice

Sri Lanka stressed on the need for greater government ownership of aid utilization and for capacity building, at an international aid harmonization conference …

Finding Hope

Mineral sands, ceramics and rubber are in the study list, with the BOI keen to find a handful of key sectors for investment promotion. rnrnA select list of …

Money Makers

The government plans to streamline its revenue collecting units and give legislative powers to new taxes that were proposed in the previous budget, the …