Phase II
The Asian Development Bank (ADB) on Monday approved US$ 800,000 for a second phase private sector development programme to push through reforms to the …
Cosy Chat
The Marxist Janatha Vimukthi Peramuna says it will re-negotiate the US$ 567 mn structural loan facility with the IMF, when it comes to power next month.The …
Muddy Waters
Sri Lankas Buddhist clergy Monday accused President Chandrika Kumaratungas Marxist allies of launching a "smear campaign" against them in the run up to …
Gone
An electoral candidate was shot dead in Eastern Sri Lanka Monday in the first political killing in the run up to parliamentary polls in April, police said.A …
Success Secrets
An expert on fiscal federalism says knowing when and how to change state institutions according to changing needs is essential for a government to be …
Yes Prime Minister
Confident of 113 seats in the bag, the Freedom Alliance is now working on strategies to push the number above 120.Winning the April poll is among the remaining …
Gaping Hole
rnrnInrnthe 2004 pre-election budget report, the Treasury says handouts for drought costrnRs. 900 mn, transport sector Rs. 1.8 bn, backward wages for the …
Buffer Stock
Sri Lankas gross official foreign exchange reserves stood a provisional US$ 2.33 bn, up 37.0 percent from US$ 1.70 bn in December 2002, the Central Bank said …
Adding Up
Industrial and agro exports claimed higher prices in 2003 compared to the prices for imports, shifting the terms of trade in Sri Lankas favour. The trend …
Poor Show
Sri Lanka may fall short of achieving a projected six percent growth this year, as politicking keeps investors at bay, Finance Minister K N Choksy said.Despite …
Sisyphus Speaking
A top business leader called on the business community to exert pressure on governments to deliver and be held accountable.Joint business forum Chairman …
Are They Clueless?
Lack of long-term planning since independence and intense party politics have kept Sri Lanka from developing faster, a top private sector personality said on …
Righteous Vote
The monks will be pitted against minority Tamils, who are mainly Hindus and also want to hold the balance of power after the April 2 election called by …
Confused Signals
Top trade chambers say Tuesdays meeting with the PA-JVP alliance has failed to shed any light on how they plan to manage the economy.The newly formed JVP-PA …
Grand Slam
Sri Lankas Prime Minister has accused the countrys president of jeopardising a ceasefire with Tamil rebels and scuttling economic recovery in his first public …
Get Going
The four co-chairs of peace have expressed disappointment over the current political situation and repeated their call on the Sri Lankan government to resume …
Saffron Power
Nationalist party, Sihala Urumaya said Tuesday that it was exclusively fielding Buddhist monks to contest the 225 seats up for grabs at snap parliamentary …
Alliance Calling
Wooing support for its ticket to govern the country, the newly formed SLFP-JVP alliance flirted with the Colombo based business and international community on …
Project lquote Put Off
The Colombo Commercial Company property facing the Beira Lake is owned by the UDA.A part of the property has been given on a 50-year lease to the Commercial …
Back to Basics
The problem with subsidies is that the rich enjoy them as much as the poor. The cross subsidy on diesel is a classic example. buy prelone online …