Sri Lanka News Explorer
Last 7 Days
Older News
- Older than 2023-Oct (1024)
Narrow by Category
- Business (1024)
BRUSSELS (Reuters): Euro zone economic sentiment defied expectations of stabilisation and again fell sharply in September, underlining the economic gloom brought on by the sovereign debt crisis as the euro zone sinks into a recession. The European Commission’s monthly economic sentiment survey showed the index for the 17 countries sharing the euro falling to 85 ...
- Asian markets firmer as focus turns to FOMC from Greece (Category: Business)
- German Ifo business morale rises unexpectedly (Category: Business)
- Euro zone fears rattle global markets (Category: Business)
- Oil up despite weak Europe data (Category: Business)
Reuters: The race for president focused squarely on the battle for working-class votes on Wednesday, as Republican Mitt Romney scrambled to make up ground on Democratic President Barack Obama in the crucial battleground state of Ohio. On a day when the rivals held dueling events across the state, Romney mixed empathy for the unemployed – ...
- Romney backs Israel if needs to strike Iran – aide says (Category: Business)
- Romney wins big in Florida presidential primary (Category: Business)
- Obama takes campaign to Latin America, slams Romney (Category: Business)
- Romney, Ryan hit the road in an energised Republican campaign (Category: Business)
The location of Sri Lanka has a strategic significance and this has been proven by the historical trading activities between Sri Lanka and ancient China, Egypt, and the Roman Empire. There is ample evidence to show that Sri Lanka was a main trading hub in Asia. The reasons for occupation of Sri Lanka by the ...
- Accelerating inclusive growth: The role of the external sector (Category: Business)
- Sri Lanka to revive FTA talks with India, China and Thailand (Category: Breaking News)
- Is Sri Lanka geared for globalisation? (Category: Business)
- EDB turns 33 (Category: Business)
Asian Development Bank (ADB) Vice President Xiaoyu Zhao has declared that Sri Lanka has big potential than any other country in Asia to become the most viable and attractive regional economic hub. “Strategic location, post conflict infrastructure development initiatives, peace and stability, high economic growth and able leadership are the main factors behind these potential,” ...
- ADB’s South Asia head meets Basil (Category: Business)
- Sri Lanka has big potential to be a viable regional hub – ADB (Category: Breaking News)
- New ADB, Sri Lanka partnership strategy agreed to target growth (Category: Breaking News)
- ADB’s new Sri Lanka partnership to target inclusive growth (Category: Business)
Reuters: Banks are getting round new rules intended to make a still vulnerable industry safer while countries are distracted by the continuing financial crisis, the International Monetary Fund said on Tuesday. The IMF’s latest Global Financial Stability Report said banks will adjust to new costs from tougher regulation to curb excessive risk taking, with deep-pocketed ...
- Demands on bank assets pose “vicious cycle” danger (Category: Business)
- India finds balance in NPLs recovery and borrower rights (Category: Business)
- Insurers, asset managers need tighter control – BIS (Category: Business)
- Three steps to avoid a global depression – Soros (Category: Business)
UNITED NATIONS(Reuters): President Barack Obama will say on Tuesday the United States will “do what we must” to prevent Iran from acquiring a nuclear weapon as UN Secretary-General Ban Ki-moon warned against threatening attacks whose consequences would be devastating. Preparing to take the podium at the United Nations six weeks before the US presidential election, ...
- Ahmadinejad denounces ‘uncivilised Zionists,’ urges new order (Category: Business)
- Obama vows to pursue further nuclear cuts with Russia (Category: Business)
- Iran army tests defences as nuclear tensions rise (Category: Business)
- Israel calls for tougher Iran sanctions (Category: Business)
Reuters: Chinese university teacher Zhu Haibin wept softly as she and other Communist Party cadres stood in rows before a mass grave of Communist fighters in southern China. Ignoring light drizzle, the group listened to a party instructor tell the story of Zhang Longxiu, a “hero mother” from the early days of China’s Communist revolution ...
- China to test superpower claims on foreign soil (Category: Business)
- Top Chinese professor boasts of operatives in top of US ‘core inner circle’ (Category: USA, New York)
- Top Chinese professor boasts of operatives in top of US ‘core inner circle’ (Category: USA, New York)
- Top Chinese professor boasts of operatives in top of US ‘core inner circle’ (Category: USA, New York)
A number of articles which appeared in print media in the recent past signify the volatility in the economy. High volatility leads to vulnerability. Volatility and vulnerability are reflections of the haphazard nature of the economic policies and poor economic governance in a country
- Achieving economic goals amidst global challenges (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- Lion leads frontier markets (Category: Business)
Reuters: Asian shares edged lower on Tuesday after Germany’s business confidence fell in September for a fifth consecutive month and Caterpillar Inc (CAT.N), the world’s largest earth moving equipment maker, cut its earnings forecast, underscoring worries about slowing global growth. Uncertainty about the bailout prospects for Greece and Spain, as the euro zone’s three-year-long ...
- Asian markets cheered by Fed rate outlook (Category: Business)
- Shares, euro dip on Europe; French bond auction eyed (Category: Business)
- Euro zone fears rattle global markets (Category: Business)
- Asian shares at 3-month high after China inflation (Category: Business)
LONDON (Reuters): Britain’s budget deficit widened to the biggest on record for any August, data showed on Friday, a day after the central bank chief said missing its debt goal was acceptable for the government. Public sector net borrowing excluding financial sector interventions rose to 14.410 billion pounds from 14.365 billion in August 2011 as ...
- UK’s Green Bank to lend to wind, waste energy (Category: Business)
- Britain’s top rating may yet survive (Category: Business)
- Financing of 2011 Budget goes haywire (Category: Business)
- Euro zone crisis heads for September crunch (Category: Business)
Reuters: Manufacturing in China contracted for the 11th month in a row in September, according to a private sector survey of factory managers that indicated the world’s second largest economy remains on track for a seventh quarter of slowing growth. The HSBC Flash China manufacturing
- China factory sector shrinks most in nine months (Category: Business)
- China factory surveys signal economic growth stays soft in Q3 (Category: Business)
- Asia factory output weak; India defies with rise (Category: Business)
- Asian factory output curbed by troubled Europe (Category: Business)
In tough economic conditions, cutting jobs in a business may appear to be the simplest solution to reducing expenses. However, layoffs present many disadvantages for employer, employee and customer. Globally, be it financial services, healthcare, media, technology or retail, all of them have thrown hundreds upon hundreds out of the workforce in the last 36 ...
- When governments run business enterprises (Category: Business)
- Internships: Free-for-all (Category: Business)
- Reconciling Dhamma in the corporate arena (Category: Business)
- Employee engagement and work-life balance (Category: Business)
Reuters: Schools, shops and government offices were shut in some states on Thursday as protesters blocked road and rail traffic as part of a one-day nationwide strike against sweeping economic reforms announced by the government last week. The main opposition Bharatiya Janata Party (BJP), joined by smaller parties from both the political left and right, ...
Reuters: Asian shares extended losses on Thursday after data indicated little respite for Chinese manufacturers, suggesting growth in the world’s second-largest economy slowed further in the third quarter. The MSCI’s broadest index of Asia-Pacific shares outside Japan extended losses
- Bourse at 3-week high on foreign buying (Category: Business)
- China June factory activity down, exports poor (Category: Business)
- Asian shares fall after data, ECB disappoint (Category: Business)
- Asian stocks up on Europe optimism, credit (Category: Business)
SINGAPORE: Business sentiment among Asia’s top companies fell for the second straight quarter, dragged down by export-orientated economies such as China and Japan, while domestic spending helped boost Southeast Asia’s outlook, a Thomson Reuters/INSEAD survey showed. Concerns over global demand are hurting Asia’s export engines, with autos, technology and shipping sectors am...
- Europe, China worries hurt business sentiment: survey (Category: Business)
- Asian markets dampened by Bernanke, factory data in focus (Category: Business)
- Asia’s growth picking up, too early to celebrate (Category: Business)
- ‘Pessimism’ over Asia-Pacific growth: survey (Category: Business)
LONDON (Reuters): Shares rose on Wednesday and the yen fell to a one-month low after the Bank of Japan eased monetary policy, the latest central bank to offer stimulus to help the global economy find a firmer footing. The BOJ said it would increase its asset buying and loan programme, currently
- Peoples Bank Nonperforming loans Rs. 54 billion in 2021 (Category: Breaking News)
- Zimbabwe to introduce gold coins as local currency tumbles (Category: Breaking News)
- CBSL maintain interest rates for fourth month straight (Category: Breaking News)
- Union Bank launches unique three-month FD (Category: Business)
Commendable achievements Over the years Sri Lanka has gained a considerable reputation for its achievements in social development. It punches above its weight on the UNDP’s Human Development Index. It has also performed very well in meeting the internationally agreed Millennium Development Goals (MDGs), which focus on indicators related to poverty, health, education and gender ...
- From poverty to sustainability in Sri Lanka (Category: Business)
- Equity and well-being in Sri Lanka (Category: Business)
- “Connecting People to Prosperity” in Sri Lanka. A reality check with “Mahinda Chinthanaya” (Category: Breaking News)
- ‘Divi Neguma’ Dept: Development catalyst, dependency creator or a white elephant? (Category: Business)
‘Echelon,’ a new business magazine, covering the islands most dynamic companies, their leaders, the economy and lifestyle in unparalleled depth, is now widely available at bookstores and supermarkets. Echelon’s publisher Capital Media, has brought
- Lanka Courier magazine launches (Category: Breaking News)
- These are the 4 finalists for Time magazine’s ‘Person of the Year’ (Category: USA, New York)
- These are the 4 finalists for Time magazine’s ‘Person of the Year’ (Category: USA, New York)
HONG KONG (AFP): Asian markets mostly fell on Tuesday following losses on Wall Street and as profit-takers moved in after last week’s huge gains sparked by the US Federal Reserve stimulus plan. Anti-Japan protests across China also weighed on shares in both countries, with three of Japan’s biggest car makers saying they had closed their ...
- Asia, not North America, now has most millionaires (Category: Business)
- Positive results for Asia Pacific hotels in Sept (Category: Business)
- Mauritius 2011 tourist arrival numbers below forecast (Category: Business)
- US managers shun stocks for corporate bonds on global fears (Category: Business)
It is with great sacrifices that Sri Lanka brought about a victory against ruthless terrorism, which is certainly a feather in the cap of Rajapaksa family. No one can dispute the fact that President Rajapaksa provided the political leadership and ensured that the LTTE was decimated at any cost. The Tamil diaspora and the pro-separatist ...
- Eight Lankan refugees arrested in TN (Category: Breaking News)
- Coast Guard stand on TN fisherman ‘outrageous’: Jayalalitha (Category: Breaking News)
- TN determined to regain Katchatheevu (Category: Breaking News)
- TN BJP will continue to press for retrieval of Katchatheevu: Annamalai (Category: Breaking News)
Non-Americans generally have a patronising, derisive view of American politics. That also applies to this presidential election campaign. Trivia, mud-slinging, bitter partisanship, extremism (particularly among Republicans) and Washington gridlock crowd out sensible debate, reasonable compromise and hard policy choices. That, at least, is the conventional wisdom. But it is wrong in one major respe...
- Romney vs Obama: Leadership and the enemies list (Category: Business)
- Losing ground in Ohio, Romney says his ‘heart aches’ for jobless (Category: Business)
- Obama takes campaign to Latin America, slams Romney (Category: Business)
- Romney, Ryan hit the road in an energised Republican campaign (Category: Business)
SINGAPORE (Reuters): Brent crude rose for the eighth consecutive session on Monday to just below $117 a barrel, though prices stayed under a four-month peak hit on Friday on worries that high oil prices could hamper efforts to boost a struggling world economy. Oil has been boosted by the U.S
- Oil falls towards $105, economy jitters return (Category: Business)
- Brent slips, EU optimism keeps price above $111 (Category: Business)
- Oil falls on Fed’s gloomy economy outlook (Category: Business)
- Oil hits six-month high on supply worries, Iran (Category: Business)
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)
NEW YORK (Reuters): Comparing the Federal Reserve to a rehab clinic offering addicted investors a synthetic high has been a favorite of Wall Street wags ever since the first round of Fed stimulus nearly four years ago. The punch line is that you always need more and more to get the same high and each ...
- Bernanke quiet on next Fed move, stresses job crisis (Category: Business)
- Fed ramps up economic stimulus, ready to do more (Category: Business)
- Time to buy as market has corrected itself enough: Panel (Category: Business)
- World stocks steady near 11-mth lows (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
- 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
- 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)
UNP MP Karu Jayasuriya yesterday said that the results of the elections for three Provincial Councils last week confirm that a large number of people do not approve the Government and the path it has taken with many burning issues unresolved. Following is the full text of the statement issued by Jayasuriya: The Provincial Council ...
- Case would be file for violating government properties: UNP (Category: Breaking News)
- Sri Lanka Ruling party council chairman join the opposition to contest PC election (Category: Breaking News)
- Sri Lanka's main opposition accuses government of using sacred relics for election propaganda (Category: Breaking News)
- Appoint international election monitors: UNP (Category: Breaking News)
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)
Popular Topics
- International Monetary Fund (613)
- Political crisis (1024)
- Foreign exchange reserves (458)
- Shortage (26)
- Bank reserves (576)
- Fuel (124)
- Economy of Sri Lanka (1024)
- Russia (68)
- Ukraine (2)
- Sri Lanka Tea (446)
- Tourism (142)
- Sri Lanka Quality Tea (467)
- Sri Lanka Tourism (469)
- Sri Lanka Cricket (442)
- Sri Lanka Hotels (444)
- Sri Lanka Elections (494)
- Hiru Tv (56)
- ITN News (173)
- Shakthi Tv (56)
- Rupavahini (1)
- Derana Dream Star (40)
- EPF (14)
- BBC (6)
- Rob Ford (15)
- Karen Stintz (2)