Strong Rupee Policy
Finance Minister K N Choksy made the strongest statement yet that the government is committed to a strong rupee policy.ldblquote Sri Lankans have accepted with …
It Went Through — Budget 2004
A blocked nose and bad cold ridden throat could not keep away Finance Minister K N Choksy, adorned in a blue checkered tie, from walking down the pink carpeted …
Economic Charge — Budget 2004
A new tax called Economic Service Charge (ESC) of one percent over turnover or assets will come into effect next year, in an attempt to net in firms not paying …
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 …
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 …
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 …
French Toast
The government on Monday put forward alternative suggestions to solve the lquote Southern political impasse, but declined President Chandrika Kumaratungas …
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 …
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 …
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, …
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 …
Talks Delayed
Peace talks between the Sri Lankan government and Tamil Tiger rebels have been postponed until the political crisis in Sri Lanka is resolved, the governments …