Economy

Spadework

Prime Minister Mahinda Rajapakse, has told the BBC that peace talks with Tamil Tigers rebels will resume before the end of July.Rajapakse told the BBC Sinhala …

Dim View

Suspected Tamil Tigers shot dead a soldier in eastern Sri Lanka after the rebels warned that Norways renewed efforts to broker peace in the island were in …

U Too

Top donors like the World Bank and the IMF say Constitutional reforms without a two-third majority in the parliament will not affect their lending program to …

At Your Service

The services sector made the biggest contribution to economic growth last year.The sector that accounted for a little over forty percent of economic activity …

First Innings

Former Sri Lankan cricket captain Arjuna Ranatunga Friday mended fences with President Chandrika Kumaratunga and was sworn in as deputy minister of industries, …

Second Thoughts

India will pursue a comprehensive economic partnership agreement with Sri Lankas new government amid plans for an aid package to rebuild the islands embattled …

Bala Returns

The London-based top Tamil Tiger negotiator returned to Sri Lanka Friday ahead of resuming Norwegian-backed peace talks with the new Colombo government, …

Enlisting Babies

Sri Lankas Tamil Tiger rebels have stepped up recruiting hundreds of child soldiers amid renewed moves by peace broker Norway to revive stalled talks, …

Country at Crossroads

Broader and deeper structural reforms in the last two years gave the economy a boost together with progress in peace talks.Central bank governor A S …

Nordic Battles

Norway is seeking to jumpstart Sri Lankas stalled peace talks, but faces a challenge to bridge a "gulf of confidence" between the new government and Tamil …

VAT an Act!

The government is expected to amend the Value Added Tax Act to legalize the introduction single tax rate despite opposition to the amendments on political …

Freedom Day

Police raided a Tamil journalists home in Colombo Monday night, asrnjournalists around the world celebrated World Press Freedom Day.rnrnThe journalist, Sivaram …

Soft Stand

Sri Lankas Tamil Tigers told Norwegian peace brokers Monday they were willing to resume talks based on their plan for self-rule, but warned the new government …

Reverse Gear

The Finance Minister toned down talk of increased spending and a bigger budget deficit, as financial market players expressed concern about the possible …

Growing Pains

Central Bank says the economy will grow at 5.5 percent this year if fiscal discipline is maintained.rnrnGovernor A.S.Jayawardene said that ceasefire and strict …

Good Job

Early last year, the government had forecasted a 5.5 percent economic growth. The 5.9 percent year on growth for 2003, is the highest since 2000, when the …

African Roots

rnThe Sri Lankan business community will take lessons from its South African counterparts on how the sector can contribute towards national economic growth …

Regional Curfew

Sri Lankan police clamped indefinite curfews and troops poured into a central tea-growing region Thursday after two people were killed in ethnic violence, …

Taxing Times

With total State revenue falling by around 18 percent last year, the Asian Development Bank asked the government to pay closer attention to closing tax …

First Flush

Sri Lankas new government held its first talks with neighbouring India Thursday ahead of plans to revive stalled peace talks with Tamil Tiger rebelsLakshman …