Sri Lanka’s daughter of destiny departs, reluctantly

Sri Lanka's President Chandrika Kumaratunga, who steps down as president next week after serving her maximum two terms, leaves her parents' party in turmoil …

Déjà vu

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Kuwait lends US$ 20 mn for post tsunami reconstruction

The Kuwait Fund will lend US$ 20 mn to Sri Lanka to strengthen tertiary education and build administrative infrastructure in tsunami affected areas. online …

Escape Route

Trying to squirm out of paying mounting subsidy bills, Treasury has told state oil giant Ceypetco that it is liable to pay its claims, only if it declares a …

Tigers to let Tamils vote for Sri Lanka president

Sri Lanka's Tiger rebels will allow minority Tamils to vote in next week's presidential election, the guerrillas' proxies in parliament said Thursday.buy …

Sri Lanka’s peace chief quits amid deadlock in talks

Sri Lanka's top official handling the peace process with Tamil Tiger rebels resigned Wednesday ahead of presidential elections this month, a government …

Renewable Bonds

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Budget – losing its significance?

While the ‘pre Presidential poll’ budget is being sidelines as election propaganda, the country’s overall financial planning process is also losing its …

Sri Lanka’s private sector cold shoulders next week’s budget

Budget 2006 goes to Parliament next week, but Sri Lankan businesses are not showing the interest usually reserved for a national budget. online pharmacy buy …

Sri Lanka PM vows no more war on campaign trail with troops in Jaffna

Sri Lanka's prime minister and presidential hopeful met Friday with troops in the Tamil heartland and vowed there would be no more war with Tiger rebels. Sri …

Opposition leads Sri Lanka presidential race: survey

An opinion poll Wednesday gave Sri Lanka's opposition leader an edge in the presidential race, with a majority saying he was better able to revive the economy …

Sri Lanka likely to up welfare spending in budget

Sri Lanka's government is likely to announce ambitious spending plans to help low-income groups and farmers when it presents its 2006 budget proposals next …

Sri Lanka opposition says peace deal in two years

PALALY, (AFP) - Sri Lanka's opposition leader visited the main military garrison in the Tamil heartland of Jaffna Thursday and vowed peace within "two to three …

Sri Lanka’s Oct. annaulised inflation slips

Sri Lanka's inflation rate for October eased marginally to 12.5 percent due to a price reduction in some food items, the Census & Statistics Board said Monday. …

Ceylon Chamber wants a pre-election budgetary position before Presidential elections

The Ceylon Chamber of Commerce wants a pre-election budgetary position made public, before the Presidential election. online pharmacy buy diflucan with best …

Rural homes begin to spend, challenging marketers

In a rural village in the North Western Province, there is no rain for four months of the year and incomes are low. buy stromectol online …

Skidding Off

Sri Lanka government shelves private sector funded oil refinery project in Sapugaskanda under trade union pressure. online pharmacy buy diflucan with best …

False Alarm

Ceylon Petroleum Corporation trade unions say they will not go on strike over a new refinery project, pending a meeting with Premier Mahinda Rajapakse. buy …

Sri Lankan president, main rival agree on bipartisan peace approach

Sri Lanka's president and her main political rival have agreed for the first time to forge a bipartisan approach to the island's peace process aimed at ending …

Serious Business

Sri Lanka President Chandrika Kumaratunga Tuesday set up a ministry to exploit the island nation's petroleum potential and named herself as its minister, a …