Sri Lanka News Explorer
Last 7 Days
Older News
- Older than 2023-Dec (1197)
Narrow by Category
- Business (1197)
The Government has gazetted a Bill, on 27 July 2012, to set up a Divi Neguma Department, which will take over the existing Samurdhi Authority, the Southern Development Authority and the Udarata Development Authority (successor to the Kandyan Peasantry Commission). The Bill will also set up a Divi Neguma Community Based Organisation, Divi Neguma Community ...
- Regulation of microfinance institutions (Category: Business)
- Unregulated microfinance - A high-risk strategy (Category: Business)
- New department to drive ‘Divi Neguma’ (Category: Business)
- Finance: Restrictions on use of the word (Category: Business)
The unprecedented sentiments-driven bull run has propelled the Colombo Bourse from Asia’s worst performer to the best within the past month with a 22% return, with some expecting the rally to enjoy a fresh burst this week as well, though this time around on fundamentals. The Colombo stock market recorded one of the highest weekly ...
- Asia Wealth urges retail investors to ‘pull up their socks’ (Category: Business)
- Bourse gets better; foreign inflow tops Rs. 27 b; turnover pips Rs. 1 b mark (Category: Business)
- Super September! (Category: Business)
- ‘Boom’ is back? (Category: Business)
MP Mangala Samaraweera yesterday in a statement has jeered the recent rebound in the Colombo stock market as well as the appointment of the new Chairman at the Securities and Exchange Commission (SEC), in addition to being highly critical of the so-called mafia of investors. Following is the full text of Samaraweera’s statement: In an ...
- TISL wants Govt. to strengthen resolve against “stock market mafia” (Category: Business)
- SEC to improve CSE structure (Category: Breaking News)
- Former SEC Chief Tilak insists no overregulation (Category: Business)
- Tilak insists no overregulation (Category: Business)
The concern about indigenous people in the world has risen considerably in recent times. Not so long ago, in most countries they were looked down upon as an uncivilised set of people. The indigenous people have attracted the attention of the United Nations as well. So far the United Nations Postal Administration has issued two ...
- Nuga Gama celebrates International World Indigenous People’s Day (Category: Business)
- Galle Face Hotel in rare set of heritage postage stamps (Category: Business)
- Rt. Sir Alan Haselhurst Exco-Member from…. (Category: Business)
- US wants action plan from Sri Lanka (Category: Business)
Reuters: The Federal Reserve launched another aggressive stimulus program on Thursday, saying it would pump $40 billion into the US economy each month until it saw a sustained upturn in the weak jobs market. The central bank’s decision to tie its controversial bond buying directly to economic conditions was an unprecedented step that marked a ...
- Bernanke quiet on next Fed move, stresses job crisis (Category: Business)
- Asian shares inch down, mark time before Jackson Hole (Category: Business)
- All eyes on Bernanke as recession looms (Category: Business)
- Adopt economic policies to propel growth: Bankers (Category: Business)
The place isn’t a paradise for minorities but the economy is recovering By Sam Baker Asuasentinel.com: The Government of Mahinda Rajapaksa in Sri Lanka has probably botched its dealings with the United States, the European Union and the United Nations. Still, the disenchantment with Colombo may be overblown three years after the end of the ...
- Army inquiry a delaying tactic: Human Rights Watch (Category: Business)
- President calls on diplomats to counter threats from pro-LTTE Diaspora (Category: Business)
- NGOs Call on U.S. to Establish International Accountability Mechanism on Sri Lanka at UN Human R... (Category: Breaking News)
- Rejected asylum seekers abused in Sri Lanka, says rights group (Category: Breaking News)
By Saman Gunadasa World Socialist Web Site: A scandal over the manipulation of shares on the Colombo Stock Exchange has erupted in recent weeks, after former Sri Lankan Securities Exchange Commission (SEC) Chairman Thilak Karunaratne accused Government ministers of acting in league with speculators. Karunaratne was pressured by President Mahinda Rajapaksa to quit his position, ...
- Former SEC Chief Tilak insists no overregulation (Category: Business)
- Tilak insists no overregulation (Category: Business)
- Bourse boom awaits boosted brokers after Presidential forum (Category: Business)
- Tilak talks his way out of SEC (Category: Business)
Adlai Stevenson once said that “public confidence in the integrity of the government is indispensable to faith in democracy; and when we lose faith in the system, we have lost faith in everything we fight and spend for”. Public integrity is one of the salient features of a democratic system of governance, where every action ...
- Ranil fires all cylinders (Category: Business)
- Sports oligarchs in South Asia - Mismanagement in sports administration (Category: Business)
- Right to information: Transformation from a secretive society to transparency (Category: Business)
- Western misconceptions (Category: Business)
Reuters: Europe moved a step closer to a banking union on Wednesday with a plan for the European Central Bank to supervise all euro zone banks, a cornerstone of closer fiscal integration designed to end years of financial turmoil in the region. European Commission President Jose Manuel Barroso outlined the proposal in his annual “state ...
- Regulator warns banking union could split Europe (Category: Business)
- ECB’s Liikanen says bank union needs time (Category: Business)
- World stocks off early highs ahead of US jobs (Category: Business)
- Change EU treaty to stabilise bloc, says Trichet (Category: Business)
The global escalation of commodity prices in the latter part of last decade impacted Sri Lanka’s rice market, with retail prices showing sharp increases for the consumer. The regulatory forces with a ceiling on consumer prices and guaranteed price for paddy did alleviate this problem to some extent. Today it has taken a different turn ...
- Village as a developmental unit (Category: Business)
- Paddy farmers’ problems (Category: Business)
- Budget 2012’s impact on the export sector (Category: Business)
- Sri Lanka’s stake in the intl. agriculture debate (Category: Business)
Reuters: Germany’s Constitutional Court gave a green light on Wednesday for the country to ratify the euro zone’s new bailout fund and budget pact, but insisted the German parliament have veto powers over any future increases in the size of the fund. The eagerly awaited verdict boosted global stocks and the euro currency as investors ...
- Euro zone crisis heads for September crunch (Category: Business)
- German FM: Greece needs sustainable debt by 2020 (Category: Business)
- EU leaders to agree on permanent bailout fund (Category: Business)
- Europe splits over fiscal union, UK isolated (Category: Business)
The Government, which is juggling several internationally important events at the moment, will have one more ball to deal with as the United Nations Review Team arrives today for what promises to be an interesting tour. The team, which will consist of officials from India, Spain and Benin, will evaluate Sri Lanka’s post-war reconciliation progress ...
- Sri Lanka Donates Tea to Earthquake stricken Türkiye (Category: Breaking News)
- Sri Lanka awards $252 mln dam deal to Sinohydro (Category: Breaking News)
- The government intends to make Sri Lanka the region's first green economy (Category: Breaking News)
- Sri Lanka receives 763,000 tourists during the first 7 months of the year (Category: Breaking News)
A top United Nations envoy on Tuesday stressed the need for more action to prevent violations from being committed against children affected by conflict and for greater accountability for such violations. “Justice and healing is most effectively achieved through national accountability mechanisms. For this, it is crucial to build national capacity – with international support ...
- Private sector’s critique of Advisory of UN Panel of Experts (Category: Business)
- Executive Summary: Report of the Advisory panel of experts on accountability in Sri Lanka (Category: Breaking News)
- Army inquiry a delaying tactic: Human Rights Watch (Category: Business)
- Sri Lanka ‘accountable to UN on human rights standards’ (Category: Business)
On Friday (7) afternoon, the eve of provincial council elections in three provinces, a certain gathering took place at 101, Rosmead Place, which houses the corporate offices of Democratic National Alliance (DNA) National List Parliamentarian, Tiran Alles. Consultations that lasted for hours, took place between Alles and UNP Deputy Leader Sajith Premadasa and a few ...
- Towards impunity and democratic erosion (Category: Business)
- Monsoons and elections (Category: Business)
- Election fever grips as political parties begin campaigning (Category: Business)
- Outside conspiracies will not be allowed – Mahinda (Category: Business)
TIANJIN, China (Reuters): China is on track to meet this year’s target for economic growth and if needed the government could utilise a 100 billion yuan fiscal stability fund to boost growth, Premier Wen Jiabao said on Tuesday. Wen, speaking at a meeting of the World Economic Forum held in China’s eastern port city of ...
- China’s Wen urges more support for growth (Category: Business)
- Global crisis not over, China reforms to go on: Wen (Category: Business)
- China cuts 2012 growth target to 8-year low of 7.5 % (Category: Business)
- Slowing China aids global economic rebalancing (Category: Business)
Trinidadexpress.com: UNABLE to convince the International Cricket Council (ICC) to provide an exclusive window for the Indian Premier League (IPL), the West Indies Cricket Board (WICB) and Sri Lanka Cricket (SLC) have decided to do it on their own. As their leading players are likely to be engaged in next year’s sixth IPL season of ...
- ICC rules out window for IPL (Category: Business)
- Emirates and Deccan Chargers Nurture Young Cricketing Talent (Category: Breaking News)
- Five IPL cricketers suspended on corruption allegations (Category: Business)
- Emirates contributes to Sri Lanka’s Carnival of Cricket (Category: Business)
It is unfortunate that today many impressions of Sri Lanka in foreign countries are based on unverified facts, and wrong or deliberately manipulated disinformation, carried out by those who once supported the forces of terror. These same elements continue to sow the seeds of division and separatism through various media, and also influence politicians in ...
- Commonwealth is here! (Category: Business)
- President tells Commonwealth delegates that Sri Lanka is steering on the democratic path after e... (Category: Breaking News)
- President tells CPA – “See the truth about Sri Lanka: against barrage of lies by agents of terror” (Category: Breaking News)
By Shanuka Tissera Amendments to the Petroleum Products (Special Provisions) Act have been finalised and approved by the Attorney General. It is expected that both bills will be presented to Parliament shortly for enactment. Pending the enactment of new legislations, the Cabinet of Ministers has appointed the Public Utilities Commission of Sri Lanka (PUCSL) as ...
- Lanka Lubricants losing market share at a slower pace: Arrenga Capital (Category: Business)
- In-depth workshop on lubricant industry today (Category: Business)
- The Petroleum Bill – its quiet passage and disquieting politics (Category: Breaking News)
- Caltex unveils ‘Delo Sports Synthetic Blend SAE 10W-30’ (Category: Business)
Ceylinco Insurance, Sri Lanka’s leading Insurer, has been honoured with the invitation to represent Sri Lanka on the Executive Board of the prestigious Association of Insurers and Reinsurers of Developing Countries (AIRDC). The Executive Board of AIRDC constitutes of 15 representatives of full member nations. The Association of Insurers and Reinsurers of Developing C...
- Ceylinco Insurance Emerges As ‘People’s Choice’ For Fifth Consecutive Year (Category: Breaking News)
- Ceylinco Insurance emerges as the People’s Choice for sixth consecutive year (Category: Business)
- Net Margin (Category: Business)
The first Prime Minister of independent India, Pandit Jawaharlal Nehru, wrote 75 years ago: “It would be absurd to say that the profit motive does not appeal to the average Indian, but it is nevertheless true that there is no such admiration for it in India as there is in the west. The possessor of ...
- Corporatism: A step beyond state capitalism (Category: Business)
- The rise of State capitalism: new masters of the universe or an ominous portent? (Category: Business)
- Impunity: Unequal before the law (Category: Business)
Reuters: Asian shares crept up on Monday with expectations rising that weak U.S. jobs data would prompt the Federal Reserve to announce fresh stimulus and Europe will make further progress in its debt crisis management this week, overshadowing soft Chinese data. Trade data released on Monday showed China’s exports in August grew slightly less than ...
- Euro hits decade low vs yen, remains vulnerable (Category: Business)
- Dollar softer, but euro fails get a boost (Category: Business)
- Asia shares, euro consolidate from lows (Category: Business)
- World stocks, euro rise on hopes Greece ditches referendum (Category: Business)
MONZA, Italy (Reuters): Formula One should consider holding shorter races later in the day to attract a younger audience, Ferrari president Luca di Montezemolo suggested at the Italian Grand Prix on Saturday. Making a regular appearance at Monza, the circuit near Milan that is a temple to all things Ferrari, the elegant Italian repeated familiar ...
- Red Bull face tough test at Monza (Category: Business)
- Emotional Vettel flirts with Ferrari (Category: Business)
- Vettel will be staying put, says Red Bull boss (Category: Business)
- Ferrari Chief looking forward to improved performance in 2012 (Category: Business)
The Hindu: Sri Lanka’s ruling UPFA on Sunday won key elections in three of the country’s nine provinces, including a victory in the Tamil and Muslim dominated eastern state that was once an LTTE stronghold, where the Mahinda Rajapaksa-led coalition defeated the main Tamil party TNA. While UPFA won comfortable majorities in the North Central ...
- TNA wants to form Eastern PC; SLMC to decide on invitations (Category: Business)
- UPFA retains Eastern PC by slim margin (Category: Breaking News)
- SLMC defers poll decision (Category: Business)
- TNA urges voters in the East not to be fooled by false promises (Category: Business)
Incident could affect Madurai getting international connectivity: Trade bodies The Hindu: The recent tension over the presence of Sri Lankans in Tamil Nadu has caused trade bodies in southern districts worry over the prospects of international connectivity for Madurai as the first full-fledged international flight was scheduled from Colombo on 20 September. While not going ...
- TNCCI concerned over attack on Sri Lankans (Category: Business)
- Mihin Lanka to operate first international flight out of Madurai (Category: Business)
- Doubts over the upcoming Madurai – Colombo flight (Category: Breaking News)
- Long-awaited flight to Lanka may commence in September (Category: Breaking News)
2012 unlikely to match up to 2011 tea revenue; stakeholders’ voice uncertaintya By Cheranka Mendis The tea industry which brought in revenue of approximately US$ 675 million within the first six months of this year – US$ 50 million below the revenue collected in the same period in 2011 – is likely to fall short ...
- Hub is no hoodoo, says TEA (Category: Business)
- Tackling tea travails (Category: Business)
- Tea exporters want Gota to defeat mafia (Category: Business)
- Industry discusses Ceylon Tea’s ‘ExclusiviTea’ (Category: Business)
ELECTIONS come and go but the Government has a new set of challenges this week that will test it seriously. Quick on the heels of the poll comes the UN review mission that is here to decide on the Government’s progress on reconciliation and implementation of the Lessons Learnt and Reconciliation Commission (LLRC). Before this ...
- MR talks with US (Category: Breaking News)
- LLRC report inadequate in some areas but still essential - Burt (Category: Breaking News)
- Sri Lanka to brief international community on human rights and reconciliation during UNHRC ses... (Category: Breaking News)
- Sri Lankan government to include progress in implementing LLRC recommendations in UPR report (Category: Breaking News)
Reuters: Asian shares were on track for their biggest daily gain in six weeks on Friday after the European Central Bank outlined its plan to calm the euro zone’s debt crisis and firm US data fed speculation of a strong jobs report later in the day. European equities will likely extend gains modestly after rallying ...
- ECB to hold fire on growth steps in crisis-hit Spain (Category: Business)
- Oil falls towards $105, economy jitters return (Category: Business)
- World stocks off early highs ahead of US jobs (Category: Business)
- ECB sees ‘substantial’ effect from cheap money offer (Category: Business)
By S.S. Selvanayagam The Supreme Court yesterday (6) ordered the Central Bank to file the Foreign Reserve Management Rules (Guidelines) to Court sequent to the Fundamental Rights violation petition challenging the investment on the controversial Greek bonds, which resulted in a loss of Rs. 2.14 billion of public funds to the State. The Deputy Solicitor ...
- UNP MP files FR case against CB’s junk Greek bond investment (Category: Business)
- Minister Amunugama defends Greek bonds investment (Category: Breaking News)
- Central Bank makes substantial gains in reserve management (Category: Business)
- Central Bank defends investment in Greek bonds (Category: Breaking News)
GENEVA (Reuters): Unemployment among young people is likely to rise globally as the euro crisis hits emerging economies and more discouraged jobless youth drop out of the labour force altogether, the International Labour Organisation said on Tuesday. The ILO said jobless rates among people under 25 worldwide are expected to inch up to 12.9% by ...
- At youth forum, UN labour chief warns of ‘growing discontent’ (Category: Business)
- No recovery in sight for labour markets, warns ILO (Category: Business)
- No end in sight to global jobs crisis: ILO (Category: Business)
- World needs 600 m new jobs in next decade: ILO (Category: Business)
Results of the ICC-Ifo World Economic Survey, released recently, reveal declining optimism over global economic recovery as fear continues to spread about the unsolved debt crisis in Europe. The Survey, which received responses from 1,079 experts in 123 countries, showed that the world economic climate indicator fell to 85.1 in Q3 2012 after two successive ...
- Optimism in Middle East businesses ‘rising’ (Category: Business)
- Deutsche Post DHL hikes outlook as Asia demand buoys Q3 (Category: Business)
- ECONOMIC AND SOCIAL SURVEY OF ASIA AND THE PACIFIC 2010 (Category: Breaking News)
- Global economic outlook slowly improving but remains fragile (Category: Business)
Popular Topics
- International Monetary Fund (1197)
- Political crisis (1197)
- Foreign exchange reserves (527)
- Shortage (26)
- Bank reserves (563)
- Anonymous (1)
- Fuel (116)
- Economy of Sri Lanka (955)
- Russia (105)
- Ukraine (8)
- Sri Lanka Tea (634)
- Tourism (144)
- Sri Lanka Quality Tea (664)
- Sri Lanka Tourism (655)
- Sri Lanka Cricket (631)
- Sri Lanka Hotels (629)
- Sri Lanka Elections (666)
- Hiru Tv (79)
- ITN News (172)
- Shakthi Tv (80)
- Rupavahini (1)
- Derana Dream Star (51)
- EPF (19)
- BBC (14)
- Rob Ford (13)
- Amanda Knox (1)