Watchout
The IMF said Thursday that rising living standards in China and the rest of the developing world will keep oil prices sky-high for decades to come, …
All News
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HSBC structures foreign exchange link derivative deal for Brandix
HSBC Global Markets, a unit of HSBC Group, structured a derivative instrument for Sri Lanka's Brandix Lanka Ltd in a deal worth US$ 8. online …
Rebel fighting kills two more in Sri Lanka
At least two people were killed in Sri Lanka's restive eastern province Friday in what military officials described as escalating rebel factional …
Clear land policy needed to resettle tsunami victims, says UN
The United Nations office in Sri Lanka is calling for a clear land policy for resettlement of tsunami victims, particularly in areas of land …
Scandinavian monitors say Tiger attack on navy boat a truce violation
Scandinavians monitoring a truce between Sri Lankan troops and Tamil Tigers ruled Friday that the rebels were in breach of the ceasefire when they …
China Calls
Private fixedline operator Lanka Bell, signed up for a US$ 400 mn equipment deal with China's Huawei Technologies Co. online pharmacy buy spiriva …
Up, Up
Workers' remittances are a key source of foreign exchange for developing countries, at more than 100 billion dollars a year and expected to rise, but …
Switched Off
Electricity sector trade union plans for an island wide blackout, goes on hold after the government agrees to hold back Ceylon Electricity Board …
Joint Forces
The government says is it has not yet been able to set up a joint mechanism to fund the North and East, and is waiting for a word from the LTTE top …
Hic Hic
Sri Lanka's warring parties are yet to agree on how to disburse millions of dollars in foreign aid for tsunami survivors more than three months after …
Sri Lanka’s economy expected lag behind other Asian countries this year: ADB
Sri Lanka is expected to trail behind other Asian nations again this year, after lagging the spectacular growth of developing Asia in 2004, the Asian …
Two more killings in Sri Lanka’s troubled east
A policeman and a civilian were shot dead in two separate incidents in Sri Lanka's restive eastern province, the military said Wednesday. online …
Urgent Matter
The government is forcing potentially harmful new laws on the public by misusing the urgent Bill provision in the Sri Lankan Constitution, say civil …
Short Selling
The Public Enterprises Reform Commission (PERC) has billed just over a million rupees for the government so far, selling its minority stakes in …
Swiss Aid
Switzerland on Wednesday gave Sri Lanka US$ 7 mn as aid for cash grants to rebuild houses outside the coastal buffer zone in tsunami affected areas. …
Unplugged
Power sector unions are giving the state till Friday to decide on controversial reform plans for the loss making Ceylon Electricity Board, ahead of a …
Thrice Over
Destitute Hambantota entreprenuers, who were hit by the tsunami, then battered by the government's buffer zone rules, are now caught in another …
Up Link
Telecom Ministry says Lanka Internet could continue with its existing license to offer voice service, but says will consider all interpretations of …
Free Float
SriLankan Airlines is contemplating moving into a floating rate fare regime to beat off galloping fuel prices that is burning a hole in its …
Sri Lanka’s Central Bank has made peace with the primary dealer fraternity on a hike in capital requirements
Sri Lanka's Central Bank has made peace with the primary dealer fraternity on a hike in capital requirements from July, but players say the move …
BTT increase canned under central government and trade pressure
Provincial Councils (PC) are packing up plans to increase the Business Turnover Tax (BTT) that was to come into force on April 1. buy lexapro online …
Blackout
Ceylon Electricity Board has started restoring power to the grid starting from Colombo city after supply to the entire country failed. buy intagra …
Climbing Up
World oil prices hit fresh historic high points on Monday, climbing above 58 dollars a barrel in New York on tight supplies, as OPEC began …
Backup Power
Sri Lanka's monopoly power utility was scrambling to restore power late Monday evening after two transmission lines tripped causing an islandwide …