Photo courtesy of Asia News Twelve years ago today The Sunday Leader Editor, Lasantha Wickrematunge, was brutally murdered in broad daylight within a high security zone. His killers have never been punished....

Fitch Ratings says in a newly published special report that credit growth in emerging markets (EMs) is likely to slow in 2012 due to the weaker global economic outlook, policy moves by EM authorities to prevent overheating and base effects. Banking systems in most EMs which experienced rapid credit growth in 2010-H111 remain sound. However, ...

By Cheranka Mendis WSO2Con 2011, the much looked forward to, user conference for technology enthusiasts kicked off yesterday at the Water’s Edge, promising three days tech-savvy interaction to more than 250 participants from all over the world. With over 40 sessions planned out with speakers from 10 countries alongside local speakers and participants, the conference ...

by Gulbin Sultana February 10, 2011 Much water has flown down the Mahaveli since President Rajapaksa made his swearing-in speech, on November 19, 2010, wherein he indicated that he would adopt a developmental approach to ‘enhance Sri Lanka’s greatness in...

by Namini Wijedasa Now we have news that, in a cabinet reshuffle due next month, five deputy ministers are to be allotted portfolios. This will instantly raise the number of ministers from 41 to 46. It is reported too that...

Sri Lanka’s sovereign rating, which is on par with Kenya and Ukraine, may be raised as funds from a $2.5 billion International Monetary Fund loan improved the “external liquidity situation,” Standard & Poor’s said, speaking to Bloomberg News. The rating agency in October raised its outlook