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 …
Economy & Markets
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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 …
Missing Dentures
Sri Lanka lacks lquote sufficient organised public outrage to bring about any meaningful changes, say civil advocacy groups, about the abuse of public property …
Refugee Status
The United Nations refugees agency said Thursday Sri Lanka risked losing international financial support if it did not pay more attention to resettling nearly …
Reality Check
Treasury Bond yields touched 8.06 percent at this weeks auction for paper maturing in 316 days.The yield is slightly above one-year treasury bill notes which …
Comeback Call
The Norwegian government will send a high level team on Saturday to explore possibilities of reviving the stalled peace process.The delegation will include …
Short Respite
Treasury Bill yields fell by 200 basis points at Wednesdays auction due to excess liquidity in the money market and less pressure on short-term interest …
Comrade Minister
Officials in Kumaratungas Freedom Alliance said four members of the Marxist JVP, or Peoples Liberation Front took their oaths while another four were sworn in …
Shooting Stars
The economy, politics and human life itself is in for harder times predict astrologers, as a lunar eclipse, two meteor sightings and a meteor shower coincide. …
Mixed Signals
The Asian Development Bank revised growth targets downwards to 5 percent this year and 5.5 percent in 2005, providing also that politics does not derail …
Quick Thinking
The Central Bank will raise nine billion rupees worth of shorter maturity bonds next month to ease the current interest rate pressures.The new issues which are …
Water Tight
The US government unveiled its new US$ 50 note on Tuesday designed with enhanced security features to beat counterfeiting.rnrnrn rnThe New US$ 50 billrnrnrn …
Back In Business
Norway said that it had conditionally agreed to resume its role as mediator between the government and armed rebels in Sri Lanka, at the request of President …
Clean Slate
The Jathika Hela Urumaya (JHU) says it is ready to work with the Alliance government on a clean slate and support issues in Parliament on a case-by-case basis. …
Just Out
The vote to elect the speaker to the new Parliament closed minutes ago, with initial reports indicating the race between the two key candidates was neck and …
Second Call
Voting for the speaker of Sri Lankas new parliament ended in a tie between candidates put up by the minority government and the opposition, an official said, …
Halt
The second vote has reportedly come to a standstill as Alliance MPs lounge in the centres of the Chamber in protest to UNP members revealing their vote to …
Restart
The second round vote recommenced in Parliament today, after temporarily being help up by Alliance MPs in protest to UNP members revealing their vote to party …
Parliament Walk
The situation in Parliament has taken another dramatic turn as some MPs drift away from the Chamber, a little after the second vote recommenced. Sources in …
Take Three
The vote to appoint a Speaker to the new Parliament just went into a third round, with the second round scrapped due to pandemonium in parliament. The second …