US agrees to defer US$ 40 mn in Sri Lanka’s debt, repayable over 4 years
The United States will defer US$ 40 mn in Sri Lanka’s debt for one year, on condition the savings are routed for tsunami relief in affected coastal regions …
Economy & Markets
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World Bank Vice President Praful Patel leads Bank team for aid meet
Vice President of the World Bank Praful Patel will lead the Bank team to Sri Lanka’s aid meet starting Monday, with poverty reduction goals firmly on the …
Stock Exchange to open doors for five new members
The Colombo Stock Exchange is drawing up plans to admit at least five new members, but this time prospective applicants may have to bid for a license. online …
Sri Lanka says no return to war as donors fear for peace process
Sri Lanka vowed Thursday the country would not return to war despite a deadlock in peace talks and failure to strike a deal with Tamil rebels on tsunami relief …
Religious minorities under threat in Sri Lanka: UN official
A top United Nations official Thursday warned that religious minorities in the predominantly Buddhist Sri Lanka could be persecuted under proposed laws aimed …
Trade talks for controls on food aid can hurt aid dependent Sri Lanka
World trade talks on agriculture trade can reduce food aid to countries like Sri Lanka, warns the United Nations. online pharmacy buy ciprodex with best prices …
Private donors pledge over half of US$ 2 bn in tsunami aid
The World Bank says over half of US$ 2 bn in tsunami aid pledges are from private donors, but warns better co-ordination is needed among aid agencies and 200 …
Sri Lanka President under siege as protests mount from allies, opposition
Pressure mounted on Sri Lanka's president as her key coalition ally Tuesday protested over a proposed deal with the Tamil Tigers on tsunami relief while the …
Tigers issue fresh warning as strikes grip Sri Lanka
Shops were closed and public transport ground to a halt in northern and eastern Sri Lanka Tuesday as Tamil Tiger rebels warned that the killing of a Tamil …
Japanese envoy to meet Sri Lankan, Tamil leadership on rebuilding funds
A Japanese special envoy is due to arrive here this week for talks with the Sri Lankan president and senior rebels on the risk of losing foreign aid by …
Commercial Bank of Ceylon bought up Rs. 250 mn worth of securitised paper locking returns up to four years
Commercial Bank of Ceylon bought up Rs. 250 mn worth of securitised paper locking returns up to four years. Commercial Bank of Ceylon bought up Rs. 250 mn …
Faced with rising competition and thin margins in a quota free era, Sri Lankan exporters are turning to sophisticated hedging instruments to gain a competitive edge
Faced with rising competition and thin margins in a quota free era, Sri Lankan exporters are turning to sophisticated hedging instruments to gain a competitive …
OECD countries put their weight behind WTO trade talks
OECD - Organisation for Economic Co-operation and Development – countries agree to put their weight behind multilateral trade talks. buy clomiphene online …
World Trade Organisation warns that non-discriminatory trade is in danger
World Trade Organisation(WTO) head warns that the multilateral trade system is heading into the red. online pharmacy buy abilify with best prices today in the …
Accidents and illnesses at work increasing in developing countries – ILO
Accidents and illnesses at work are increasing in developing countries, with work related illnesses taking the lead, says the International Labour Organisation …
Sri Lanka’s president pushes tsunami deal with rebels despite threat
Sri Lanka's president vowed to reach a deal with Tamil rebels on the distribution of aid after the December tsunamis despite the risk it could see her shaky …
Rating Agency Malaysia in talks to take full control of Lanka Ratings Agency
The Ceylinco Consolidated Group is in talks with Rating Agency Malaysia (RAM) to sell off its equity stake in Lanka Ratings Agency, a top official said. The …
India, Sri Lanka discuss defence, trade
India and Sri Lanka opened talks here Monday on defence and trade cooperation as both countries pledged to work closely on enhancing bilateral ties, diplomats …
Former US president Clinton to skip Sri Lanka aid meet
Former US president Bill Clinton will not attend a key Sri Lankan foreign aid review this month as scheduled, but will be represented by his deputy, government …
Central Bank says monetary management was challenging last year due to economic shocks
Central Bank said the economy grew by a slower 5.4 percent last year and expects similar growth this year. online pharmacy …