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. …
All News
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 …
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 …
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 …
Shiver me Timers
Sri Lankan shippers say the Colombo port is getting too expensive, eroding any cost competitiveness they have for their products in the international …
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 …
Soaring High
Major airlines face greater losses than last year because of the ongoing surge in oil prices, the main industry association warned Monday as it …
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 …
Fear of snap election as Sri Lankan president at odds with allies
Sri Lankan President Chandrika Kumaratunga could call a snap election before the end of 2005 because of friction with her Marxist allies over …
Good Advice
Sri Lanka has to cut the budget deficit and respond correctly to rising oil prices, in order to avoid another setback to the economy, a top private …
Darkness @ Noon
Monopoly electricity supplier Ceylon Electricity Board (CEB) has reported a record loss for last year and said it would face a severe cash crisis …
People Power
People’s Bank said last year’s profits beat targets set in its restructuring plan despite increasing pressure on margins and higher provision for …
Big Mama
Treasury Secretary says the country’s risk-averse banking sector has failed to assist entrepreneurs especially in the small and medium sector. buy …
Government is reversing policy by issuing Rs. 38 billion in Rupee Securities
Government is reversing policy by issuing Rs. buy tamiflu online https://qpharmacorp.com/wp-content/uploads/2023/08/png/tamiflu.html no prescription …
Regulation Helps
The Chairman of a “big four” accounting firm says Sri Lanka will have to move away from self regulation of the accounting and auditing profession …
We Want More
Sri Lanka's Central Bank is contemplating a move to lift the minimum capital requirement of licensed commercial banks to US$ 20 mn. Sri Lanka's …
Doctor Says
Public health experts say ‘the right to health’ is unaffordable for Sri Lanka because the government health service can’t afford to pay damages …
Paul Wolfowitz lands top job as World Bank President
The Executive Board of the World Bank confirmed on Friday that former US Deputy Secretary of Defense Paul Wolfowitz had landed the top job of Bank …
Short Circuit
The District Court set a May 3 date to decide on the telco industry’s case against the ICT Agency’s rural telecom licensing process. online …
Sri Lanka needs fiscal discipline and bipartisan consensus on economic policy
Sri Lanka needs fiscal discipline and bipartisan consensus on economic policy to replicate the success of other fast growing economies, a top private …
Making Growth
The lagging effects of the agriculture sector took a chunk of growth off Sri Lanka’s industrial sector which contributed 36 percent to the …