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Emergency rule shatters foreign confidence in Sri Lanka?
The declaration of a nation-wide state of emergency in Sri Lanka has seriously dented foreign investor confidence and dashed hopes of an early revival or the tourism industry, analysts said.
The government invoked emergency laws on Tuesday mainly for political reasons rather than due to any real deterioration in security but the move sent negative signals to foreigners, diplomats said.

Minister of Agriculture and Lands D. M. Jayaratna presenting to President Chandrika Bandaranaike Kumaratunga a copy of an Agricultural Department publication on the occasion of the opening of the 50th Independence Anniversary Exhibition at Gannoruwa Horticultural Crop Reserch Develeopment Institute's Complex on Thursday. (pic by Chandrasiri Weerasinghe)

OTHER NEWS ITEMS

Emergency and elections: what the PA said
Ishini leaves Bolgoda home
"Nobody asked her to leave''
TULF welcomes facilitator
Mayors to meet president on Tuesday
Island Capers
SAARC gripes
Cassius Valentinus
Convict to be taken to Chemmani this week?

POLITICS

FEATURES

Alternative proposals to devolve power within a unitary state
The Tamils in the North and some parts of the East are at the mercy of these LTTE terrorists and live in constant fear for their lives and the forced conscription of their teenage children. This enforced submission of the Tamil people should not be construed as supporting the LTTE. Mr. Siddharathan, the Wanni district MP says that if we could offer "something comprehensive" it would not be difficult to alienate the Tamils from the LTTE.
L E G A L W A T C H
Suspension of the Electoral Process
The European Union - monetary reform and expansion
The Idiocy of Globalization
The decaying dynamics of our democratic institutions

The leisure world of a two year old
Jossie Baba, Manappuwa and the Negombo Minerva Players
'Maithri outwitted and outlived his contemporaries'
The value of names
Sri Lankan dancers keep London audience spellbound
Being a great admirer of Sri Lankan traditional dancing and music and I myself having studied oriental dancing under Master Somapala Mudunkotge at Ananda College, Colombo, I was really looking forward to seeing it. I thoroughly enjoyed his performance of Chitrasena-Vajira dancing troupe at Sadlers Wells theatre in London a few years ago. Channa who has his own troupe now, was a member of that troupe.

BUSINESS

SPORTS

Company announces legal action
Trading on Grain Elevators to resume on Monday
Posts after tax profit of Rs. 102.6 million
Record year at Mercantile Investments
Namal tilts strongly towards equities
Will it pay in the current scenario?
JKH performs strongly in heels of record breaking year
Strong first quarter at Cold Stores
The depreciating yen
Economic populism - at what price
Local institutions picked stock bargains in July
Eagle team helps disabled children
Individual CDS accounts now top 2 lakhs
State-of-the-art Fuji film centre