Sri Lanka’s will hold presidential elections, probably in mid-January but ahead of a parliamentary poll, a senior cabinet minister said on Monday, ending weeks of speculation over which would be held first. "The president has informed all the party leaders now and he has signed the proclamation," said the cabinet minister, who declined to be… Continue reading Sri Lanka to hold presidential poll first – minister
Author: Reuters
Sri Lanka to declare early poll date on Monday – official
Sri Lanka president Mahinda Rajapaksa will announce a date for early national elections on Monday, a senior government official said. "It will be tomorrow (Monday)," said the official, on condition of anonymity, referring to the president’s announcment. Three other government sources confirmed the announcement and said the poll date would most likely be Jan. 23.… Continue reading Sri Lanka to declare early poll date on Monday – official
Sri Lanka to open refugee camps ahead of polls
Sri Lanka said on Saturday it will allow greater freedom of movement to refugees held in military-guarded camps from next month, after facing pressure to speed up resettlement of thousands of Tamils displaced by war. The government’s announcement comes two days after United Nations Under-Secretary General for Humanitarian Affairs John Holmes voiced concern over the… Continue reading Sri Lanka to open refugee camps ahead of polls
S.Lanka deficit target challenging,but reachable-IMF
The International Monetary Fund (IMF) said on Friday Sri Lanka’s budget deficit targets for both this and next year are challenging due to slow revenue growth, but still within reach. A visiting IMF mission, after conducting the second review of a $2.6 billion loan programme, said the nation’s post-war economic conditions have improved, but need… Continue reading S.Lanka deficit target challenging,but reachable-IMF
Sri Lanka top general signals bid for presidency
Sri Lanka’s top general, who quit amid speculation he could run for president, pledged on Friday to fight for democracy and human rights after the end of a 25-year separatist war, suggesting he would soon announce his candidacy. General Sarath Fonseka, widely credited for the army’s role in defeating the Tamil Tiger rebels in May,… Continue reading Sri Lanka top general signals bid for presidency
Sri Lanka shares at 1-wk low on poll concerns
Sri Lanka’s shares fell on Thursday for a second straight day to a one-week closing low, as cautious investors sold shares after a delay over announcement of dates for early national polls. The All-Share Price Index .CSE of the Colombo Stock Exchange closed 0.34 percent or 10.13 points weaker at 2960.77, its lowest since Nov.… Continue reading Sri Lanka shares at 1-wk low on poll concerns
FEATURE-Who is Raj Rajaratnam? Don’t ask in Sri Lanka
Billionaire hedge fund titan Raj Rajaratnam’s shadow in Sri Lanka is so big that his arrest in the United States initially knocked 5 percent off the local stock market. But ask about Rajaratnam on the island of birth and few will say anything about the man considered to be Sri Lanka’s richest, now accused in… Continue reading FEATURE-Who is Raj Rajaratnam? Don’t ask in Sri Lanka
Rajaratnam in talks with U.S. for at least 30 days
Galleon Group founder Raj Rajaratnam and five others charged a month ago in the biggest U.S. hedge fund insider trading case will be in talks with prosecutors for at least another month over the allegations against them, court documents said on Monday. Prosecutors and lawyers for the six accused "have been engaged in, and are… Continue reading Rajaratnam in talks with U.S. for at least 30 days
Q&A-Sri Lanka’s top general leaves political future hanging
Sri Lanka’s top general Sarath Fonseka bid farewell to his uniform on Monday and said he will announce a decision on entering politics within two to three days, amid speculation he may run for presidency. [ID:nCOL362269] His comments came a day after President Mahinda Rajapaksa had failed to make an expected announcement on timing of… Continue reading Q&A-Sri Lanka’s top general leaves political future hanging
Sri Lanka’s top general leaves political future hanging
Sri Lanka’s top general bid farewell to his uniform on Monday and said he will announce a decision on entering politics within two to three days, amid speculation he may seek the presidency. General Sarath Fonseka, widely credited for the army’s dominant role in winning a 25-year war with the Tamil Tiger rebels, had announced… Continue reading Sri Lanka’s top general leaves political future hanging
