(NIDAHASA News) Parliamentarians from both ruling party and opposition yesterday (03) called for the dissolution of house and immediate election while ongoing political uncertainty causing Colombo Stock Exchange (CSE) to close at their lowest in over five weeks.
(NIDAHASA News) Sri Lanka's new government presented an interim budget with sweeping relief for poor they promised in election manifesto. Supersized taxes on Casinos and large corporations expected to cover the cost of unprecedented generous budget giveaways; a Robin-hood style take, according to local media, by a government led by a Prime accused by opposition for neo liberalist policies in his last administration.
(NIDAHASA News) President Mahinda Rajapaksa who is controversially set to run for a third term, presented his 2015 budget to the parliament on Friday (24), with a range of handouts, that covered almost all sectors of the economy.
(NIDAHASA News) Otara Gunawardena, the visionary founder of Odel fashion chain has disposed all her shares in the company this morning.
(NIDAHASA News) Norochcholai power plant came to a complete standstill once again after the breakdown of last working turbine last evening (28).
(NIDAHASA News) Analyses fear that government's economic statics might have been heavily doctored after serious allegations rose in the parliament last week.
(NIDAHASA News) Indian Telecom giant Bharti Airtel is close to exit from Sri Lankan mobile market by selling its business to Etisalat, reports say.
(NIDAHASA News) Sri Lanka president asked banks and finance companies to merge in the wake of 2014 economic crisis predicted by many economists.
(NIDAHASA News) Sri Lanka plans to deprecate exchange rate of Sri Lankan Rupees by three percent in a move to boost exports, President Mahinda Rajapaksa said presenting the 2012 budget to the parliament.
(NIDAHASA News) President Mahinda Rajapaksa presented Sri Lanka’s first full post-war budget today (22) evening.