Double Edge
The State is losing an estimated average of Rs. 450 million in revenue each month in its effort to subdue a rise in the cost of living due to higher world …
Still to Come
World Bank says its poverty reduction funds can still be drawn on schedule if the IMF review is completed soon.The December tranche of the PRGF has been held …
Up for What?
Colombos benchmark All Share Price Index (ASPI) shot up about 100 points on the back of more reports of a breakthrough in the political deadlock. However, …
Aid Ok
The international community will detach part of the US$ 4.5 billion in aid committed to rebuild Sri Lanka from progress with the peace process. buy stendra …
Tailspin
Hopes of securing US$ 80 mn from the International Monetary Fund (IMF) next month has been put off, due to the current turn of events in Sri Lanka, a top …
Left Right Left
The new Janatha Vimukthi Peramuna (JVP) Sri Lanka Freedom Party (SLFP) alliance, if voted in, says it would renegotiate the terms of the US$ 4.5 billion in aid …
Troubled Times
As the Marxist JVP and the Sri Lanka Freedom party joined camps today, they unveiled a reform agenda including agriculture and local industry led economic …
Foreign Pressure
The rebel Liberation Tigers of Tamil Eelam (LTTE) told representatives of donor countries and international aid agencies that the tug-of-war between the …
Winning Runs
Continuing a robust recovery, Sri Lankas export earnings clocked in a double-digit growth for the first eleven months of this year, which saw the trade deficit …
Aid Drip
The Asian Development Bank on Wednesday approved US$ 80 mn to rehabilitate conflict areas - a first such loan since the Tokyo aid parley last year.The Manila …
Bad Grade
Sri Lanka is set to score very low in a second review of the peace process by the international donor community set for January 23. The first review in …
Business Talk
Business leaders from SAARC countries are calling on the governments to initiate regional cooperation to develop eight identified areas in return for greater …
On Track
Central Bank said GDP growth was on track to meet annual target of 5.5 percent this year but warned that political instability and progress on peace would be …
Steady Run
The Central Bank, Wednesday, left growth projections of 5.5 percent for 2003 intact, but warned that key structural reforms had to go ahead to maintain the …
Hurry Up
The United States asked top Sri Lankan politicians to hurry up and sort out their differences, as the ongoing political impasse is hurting the peace process.US …
No Attachments
The Rs. 1bn will be allocated as an outright grant for rehabilitation and reconstruction in 2004, Niranjan Deva Aditya EU Parliamentarian said in a statement …
Help at Hand
ThernrnAsian Development Bank on Thursday approved a rnUS$ 80 million loan package to improve daily living conditions in the North and rnEast of Sri Lanka. …
New Money
The Ministry of Enterprise Development, Industrial Policy and Investment Promotion. is hoping to raise US$ 90 mn next year to fund the second leg of a …
Saving Face
Starting off talks on environmental conservation the World Conservation Union (IUCN) called for a change of attitude among conservationists and corporates to …