Economy & Markets

Bond Raiser

The Board of Investment will tap into the local bond market, to raise up to Rs.2 bn to fund a new Economic Trade Zone, north of Biyagama.The second Economic …

Dicey Union

An impending marriage between the Marxist JVP and the main opposition Peoples Alliance Party re-surfaced on Tuesday resurrecting vibes that a snap poll was …

So Far So Good

Sri Lanka enters the penultimate lap for its 2004 budget, with a great deal of apprehension as to whether Parliament will be dissolved on Tuesday …

Stalemate

The much-awaited second rendezvous between the Executive and the Legislature ended on a stalemate with a committee appointed to look into their grievances.The …

Its Not Done

Sri Lankas parliament Wednesday ruled as illegal the presidents suspension of the assembly two weeks ago and said it will disregard any future attempt to …

French Toast

The government on Monday put forward alternative suggestions to solve the lquote Southern political impasse, but declined President Chandrika Kumaratungas …

Choksys Sweeteners

The UNF government, which has been progressively clubbing the opposite camp with the peace process, is getting ready to open a second front with the …

Second Rendezvous

The President has asked Premier Ranil to come alone to her chambers for a Tuesday morning rendezvous.The Premier was due to meet the President with other party …

Silent Business

Top business leaders and civil society organizations were staying quiet despite political moves that have jeopardized the peace process and the economic …

No Way

The Norwegians took their foot off the LTTE and the peace process on Friday, following a week of political uncertainty.The international donor community and …

Boo Hoo

Suntel wants to buy back Rs 300 mn of its 750mn high yielding medium term debentures, which yield in excess of 22 percent per annum.The wireless operator …

Deadlock

Talks between President Chandrika Kumaratunga and Prime Minister Ranil Wickremasinghe ended in an impasse with both parties expected to continue discussions …

Porn & Politics

In the heat of the moment, when passions raged and reached a climax over the Presidents swift move, PA parliamentarian Dr. Sarath Amunugama says her actions …

Presidential Guarantee

Moves of a Nov. 19 budget re-surfaced, as President Chandrika Kumaratunga met with representatives from multilateral donor agencies on Wednesday, to assure her …

Short Crop

The Central Bank has cut its domestic borrowing programme for Nov. by Rs. 2 bn, as the Treasury is expecting some dollar funds to come in. online pharmacy buy …

Money Matters

Sri Lankas ruling party MPs have been offered up to four million dollars in cash and foreign scholarships to defect to the presidents party, a government …

No show

Most of the US$ 4.5 bn pledged in aid as well as a second US$ 80 mn tranche from the IMF is due in December, tied to conditions in the proposed budget. online …

Coup Backfires

The Sri Lankan presidents plan to oust her archrival prime minister through a constitutional maneuver may have backfired and caused new rifts within her ranks, …

No Change

The Central Bank left its key short-term rates unchanged on Tuesday, signalling that it was business as usual on the interest rate front.The overnight …

Snap Poll?

Sri Lankan Prime Minister Ranil Wickremesinghe told his cabinet Monday that he was ready to face a snap election to end a bitter stand-off with a hostile …