Closing The Gap
Sri Lankas trade deficit for February contracted marginally, on the back of a lower import bill and a drop in apparel sector revenues, the Central Bank said …
Economy & Markets
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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, …
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, …
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 …
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 …
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 …
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 …
Steady Flow
Treasury bill yields remained flat at Mondays auction signaling a steady outlook for short-term interest rates.The Central Bank offered and accepted bids for …
Freedom Day
Police raided a Tamil journalists home in Colombo Monday night, asrnjournalists around the world celebrated World Press Freedom Day.rnrnThe journalist, Sivaram …
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 …
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 …
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 …