Sri Lankan PM to attend Arafat funeral

Sri Lanka's Prime Minister Mahinda Rajapakse will attend the funeral of Palestinian leader Yasser Arafat, a spokesman said Thursday. online pharmacy buy …

Tigers give new message on reviving Sri Lanka peace talks

Sri Lanka's Tamil Tiger rebels Thursday said they conveyed a secret message to President Chandrika Kumaratunga through peace broker Norway on ending a 19-month …

The Central Bank raises its key short-term interest rates by 50 basis points with immediate effect.

After a 12-month lag, the Central Bank raised its key short-term interest rates by 50 basis points with immediate effect on Wednesday. After a 12-month lag, …

Private sector workers must pay more income tax to keep their company cars.

The government wants private sector workers to compensate for work benefits and has increased the income tax on company maintained cars. online pharmacy buy …

Central Bank Governor Sunil Mendis says private sector members of the Monetary Board are not pushing to keep real interest rates negative

Central Bank Governor Sunil Mendis says private sector members of the Monetary Board are not pushing to keep real interest rates negative, and Board decisions …

Sri Lankan government admits it is in a foreign exchange crisis, shackled by a backward looking policy framework which has put reforms and the peace process in a limbo

Sri Lanka's opposition United National Party warned that by printing money, and keeping interest rates artificially low, while foreign reserves are dwindling, …

Buddhist monk pleads for the release of Sri Lankan hostage

Sri Lanka's influential Buddhist clergy Sunday appealed for the release of a truck driver taken hostage in Iraq, saying the island traditionally has had …

Norway set to launch a new bid to save Sri Lanka peace process

Norway will this week launch yet another bid to save Sri Lanka's tottering peace process amid fears for the Oslo-brokered ceasefire that went into effect in …

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Shell Gas says cylinder prices could spiral to Rs. 1020 levels by December, come winter, an accumulated price squeeze and a US$ 180 mn loss for the first nine …

Tamil Tigers resist foreign aid pressure amid fresh diplomatic moves

Tamil Tiger rebels have warned foreign aid donors not to interfere in Sri Lanka's faltering peace bid amid fresh diplomatic moves to salvage the process, a …

Give tax breaks to companies that do good deeds, says local legal eagle

Companies should get tax benefits for spending on good deeds, says legal eagle Justice Mark Fernando. online pharmacy …

Norway says Sri Lanka peace hopes dim, offers exit route

Peace broker Norway Thursday said it would ask Sri Lanka's feuding parties if they wanted to resume talks as Tamil Tiger rebels warned foreign aid donors not …

Cashed trapped Treasury is considering a proposal to mandate those who own a car, house, credit card and a mobile phone to open a tax file

Cashed trapped Treasury is considering a proposal to mandate those who own a car, house, credit card and a mobile phone to open a tax file. buy neurontin …

Sri Lanka president to visit India

Sri Lankan President Chandrika Kumaratunga will arrive in India Wednesday on her first visit to the northern neighbour since a Congress-led coalition …

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India has come through with a US$ 150 mn credit line, allowing Sri Lanka to fill up her fuel tanks with refined petroleum products for six months. buy stendra …

A 38 percent higher fuel bill is burning a hole in the island’s balance of trade

A 38 percent higher fuel bill is burning a hole in the island’s pocket, driving up its trade deficit to US$ 1.46 billion by August, up US$ 586 million from a …

Strike Out

The CEB Engineers Union suspended a planned token strike to be held on Wednesday, subject to further talks with the Government on the coal and Upper Kotmale …

The international donor community could cut the strings attached to US$ 4.5 bn in aid

The international donor community could cut the strings attached to US$ 4. buy wellbutrin online …

Angry Muslims quit peace panel and declare ‘war’ on Sri Lanka President

Sri Lanka's main Muslim party Monday withdrew from a peace panel set up by President Chandrika Kumaratunga and declared "all out war" against her for allegedly …

Govt. scrambles to sign up aid commitments as deadlock over peace talks drags on

The government is hoping to sign up a record amount of aid this year, most of it from money pledged at the Tokyo donor conference in 2002. online pharmacy buy …