Playing Poker

President Chandrika Kumaratunga withdrew tough emergency laws on Friday and replaced them with a lesser clause under the Public Security Ordinance (Chapter …

Right to Rule

Presidential spokesperson and new Rupavahini Corp., Chairman Harim Peiris said the President also has a mandate from the people. rnrnPeiris comments came on …

Holding Hands

In 2001, many a Sri Lankan and some foreign residents here at the time, dropped what they were doing, to hold hands on the streets instead. There could be a …

Ranil Talks Back

Prime Minister Ranil Wickremesinghe on his return from the United States says his immediate priority is to ensure the peace process is not jeopardised. …

State of What?

Confusion looms over the state of emergency, with the Government Printer saying the President had asked him not to issue the gazette notification imposing the …

Small Wallet — Updated

Sri Lanka is tipped to head for a mini budget as signs of the UNF budget making its way to Parliament this year, diminish.rnrnrnGovernment finances run on a …

Rotting Deal

The Finance Minister in an emergency meeting with the press on Wednesday said fertiliser subsidies was to be increased significantly from the Rs. 2 billion …

Buying Support

The Sri Lanka Muslim Congress (SLMC) leader Rauff Hakeem says his party will back the UNF government only on conditions put forward by his party. Conditions …

Free Fall

Investors are bracing for a brutal fall in share prices in Thursday trading, following up on the over 18 percent drop in the ASPI over two days. The …

Oval Blessings

President George W. Bush on Wednesday praised Sri Lankan Prime Minister Ranil Wickremesinghes "leadership," a day after President Chandrika Kumaratunga …

Calling All Buyers

The market is climbing up, with analysts seeing investment oppurtunities, urging buyers to return to the market.rn"Fundamentally stocks are trading at …

US Backs Premier

Suspension of parliament, other actions possibly detrimental to peace, says State Department Spokesman on Wednesday.U.S. State Department Deputy Spokesman Adam …

Peace Accord Holds

The Norwegian-brokered ceasefire pact between the Sri Lankan government and Tamil Tiger guerrillas will stand despite President Chandrika Kumaratunga taking …

Crash

The Colombo stock market took a plunge as President Chandrika Kumaratunga sacked three key ministers and took over the portfolios of Defence, Interior and …

Fund Manager

The state is gunning for a Rs. 9 billion cut in interest costs for 2004, after making a Rs. 4 billion saving in 2003. Deputy Finance Minister Bandula …

What You Get

The governments budget for next year will give substantial salary hikes for government sector workers while creating new jobs and improving infrastructure.A …

Your Attention Please

The Ceylon Chamber of Commerce say the government must introduce lquote group taxation dblquote as an incentive for further investment in Sri Lanka. rnThe …

Skywards

Maintaining a positive growth trend over the past few months, Sri Lankas export earnings posted a double-digit growth for the first eight months of this year, …

Weeding Out

The Urban Development Authority (UDA) has drawn plans to dispose a number of its property holdings that dont reap a minimum Rs. 1000 monthly rent, under a …

Love From India

The far-reaching economic partnership agreement Comprehensive Economic Partnership Agreement between India and Sri Lanka will set up a new credit line and an …