Short Break
The industrial sector will get a tariff-hike holiday in the short term when electricity prices are increased next time, assures Treasury Secretary Dr. online …
Love Lost
Rising inflation and falling reserves is likely to put an end to Sri Lankas eight month long honeymoon with low interest rates.The Central Bank hinted that it …
Drying Up
Aid flows fell sharply in the first five months as the government lost donor support due to policy about-turns.Gross inflows in the first five months amounted …
Putting It Up
The Ceylon Electricity Board is looking at ways of controlling Sri Lanka’s unruly street lamps that show disturbing tendencies of behaving like local …
Turning 50
Sri Lanka and the World Bank sealed half-a-century of cooperation on Friday by inking another large-scale development aid package.Sri Lanka joined the World …
Second Warning
Continuing its campaign against pyramid schemes, Central Bank is again warning the public that persons who buy a product, not for its own sake but expecting …
Bomb in Colombo
The Colombo stockmarket reacted negatively to the Wednesday morning suicide bomb explosion that has so far left four dead and fifteen others in hospital,. The …
Colombo Rocks
The bomber was escorted to a police station opposite the US and British diplomatic missions after security guards prevented her from entering a ministry in the …
Thinking of U
A new government sponsored agency under the Presidents control and headed by a top bureaucrat has been put in charge of policy formulation and implementation. …
Govt. Inc.
The government is going to expand its role in the economy with more spending on infrastructure and subsidies.Unveiling the governments economic policy the …
Rising Expectations
Sri Lankas inflation rate for June shifted up to 3.9 percent on the back of rising prices of essential goods like rice, red onions, potatoes and vegetables.The …
Holding On – Updated
The Central Bank on Tuesday reiterated its call for political stability, fiscal discipline and structural reforms to enable the economy grow by five percent …
Driving Hard
Sri Lankas slow moving infrastructure projects are lined up for fast forward implementation through a new central coordinating body, says the Treasury …
Naked Truth
Visiting Singaporean Premier asked Sri Lanka to come up with an overall competitive package and not just incentives, if it wants to lure foreign investors."Sri …
Going Blue
Sri Lanka may have missed the bus with the green revolution, but the blue can work in the islands favour, say local scientists. With hungry mouths increasing …
Not Their Style
The Freedom Alliance Government says recent security scares are not the LTTEs style, but suspect other interested parties working to frighten citizens and …
Hideaway
Sri Lankas government admitted Thursday that somernmilitary personnel supported and possibly sheltered a renegade rebel leaderrndespite Tamil Tiger warnings …
Hard Landing
Sri Lankas economic growth is expected to have fallen sharply in the first quarter of 2004 from the previous three months, as the services sector suffered from …
Pipe Dreams
An independent US economic think tank says that a potential trade pact with the United States will help the Sri Lankan economy grow by at least …
Smooth Talk
The United States says it will revive talks on a free trade agreement (FTA) with Sri Lanka but will not remove the terrorist label from the LTTE."We will …