Workers say government grabbing their nest egg

Workers from the Katunayake Free Trade Zone, Sri Lanka largest free trade zone, took to the road in protests. Photo courtesy Women's Centre

Yesterday (May 24), thousands of workers from the Katunayake free trade zone blocked the road to Sri Lanka’s Bandaranaike International Airport, in a protest against government plans for a pension scheme for private sector workers. Read the rest of this entry »

Driving over paper tigers in Sri Lanka

Sri Lanka’s roads are destined to become more crowded and more dangerous. The government says it plans shift road traffic, particularly container traffic, onto rail, to ease the pressure – but experts say national transport plans have so far been paper tigers. Read the rest of this entry »

18th Amendment and more to come

The government yesterday (September 08, 2010), used hit-and-run tactics with great success to ram through the 18th Amendment to Sri Lanka’s Constitution. Now, more changes to the Constitution maybe on the way. Read the rest of this entry »

Sri Lanka to return to executive PM system

Will Sri Lanka’s return to an Executive Prime Ministerial (PM) system mean a return of President Mahinda Rajapaksa – as Executive PM? Read the rest of this entry »

Unregulated finance companies still unregulated

Transparency International Sri Lanka (TISL) points out that unregulated finance companies are still unregulated, despite the massive damages caused to thousands of people when some of these companies collapsed in 2008 and 2009. Read the rest of this entry »

Sri Lankan voters choose shopping over voting

While aspiring Parliamentary candidates spent millions of rupees disfiguring Colombo and disturbing people, the people for the most part ignored them and went Avurudu (New Year) shopping. Read the rest of this entry »

Sri Lanka in low inflation, low interest regime

With general elections round the corner, Governor of the Central Bank Ajith Nivard Cabraal, last week, said Sri Lanka is now in a low inflation, low interest regime. Read the rest of this entry »

Independence Day in Kandy

Sri Lanka celebrates its 62 Independence Day today (Feb 04, 2010). The day is significant because it is the first Independence Day after the end of nearly 30 years of separatist war. Read the rest of this entry »

All quiet as Colombo goes to vote

Colombo’s roads were unusually quiet and devoid of vehicles during the normal rush hour in the morning, as residents made their way to polling booths – to elect Sri Lanka’s first post war President. Read the rest of this entry »

Northern residents can re-claim banked money – Central Bank

Sri Lanka’s financial sector regulator, the Central Bank, says money left unclaimed in banks can be re-claimed by returning Northern residents. Read the rest of this entry »

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