All Blogs
Tigers reject Swedish call to reconsider kicking out EU monitors
COLOMBO, July 21, 2006 (AFP) – Sri Lanka’s Tamil Tiger rebels Friday rejected a call from Sweden to reconsider a September 1 deadline for truce monitors from European Union member states to quit, a pro-rebel website said. The Tamilnet.com website said Tigers told a visiting Swedish envoy that ceasefire monitors from EU member states Denmark, […]
Going Up
LONDON, July 21, 2006 (AFP) – Oil prices firmed on Friday but remained below recent record peaks as traders paused for breath after a week of volatile trading, dealers said. New York’s main contract, light sweet crude for delivery in September, added 10 cents to 74.37 dollars per barrel in electronic deals before the official […]
Mental Block
July 20, 2006 (LBO) – Trade union action at Sri Lanka’s main harbour entered its 10th day Thursday, despite a court ruling to restrain striking workers. The government urged striking union workers belonging to Sri Lanka Ports Authority to resume work despite union allegations that the Colombo District court order issued Wednesday is yet to […]
Tea exporters in cash and logistics crunch due to port strike
July 20, 2006 (LBO) – A backlog of tea shipments and falling prices due to trade union strikes at the Colombo port has vessels bypassing Sri Lanka and tea exporters worried over tight cash flows. Trade union action and go-slows at the port over a wage hike entered its tenth day on Thursday, with no solution […]
Countdown
July 20, 2006 (LBO) – Sri Lanka™s treasury secretary is to give a ruling on Friday over the controversial tax slapped on television stations airing English content, following a meeting with broadcasters late Thursday. The tax, which also applies to Hindi language content, largely affects English language viewers who account for around 5-percent of total […]
Desperate Measures
July 20, 2006 (LBO) – Top multinationals like Unilever have pulled out imported advertising on local television stations, after all foreign commercials were slapped with a one million rupee tax. With effect from July, all broadcasts of foreign television commercials are taxed at one million rupees a year, per ad, per language of broadcast and […]
Completely Clueless
July 20, 2006 (LBO) – Sri Lanka’s media minister Thursday indicated that his ministry has not been consulted before a controversial tax on television stations airing foreign content, was implemented. “It is a decision under the Finance Act. We are just the implementing authority,” minister Anura Priyadharshana Yapa told reporters. From July 16, all television […]
Stolen Loot
July 20 (LBO) – The British High Commission Thursday warned Sri Lankans of being duped by lottery scams, especially if asked for money or personal bank details to claim winnings. The British High Commission says it gets letters from many Sri Lankans who have received authentic looking letters claiming they have won prizes in UK […]
Ranatunga quits Sri Lanka ministry for cricket administration
July 20, 2006 (AFP) – Sri Lanka’s World Cup-winning captain Arjuna Ranatunga resigned as junior minister for tourism on Thursday to devote time to the island nation’s cricket administration.Officials said Ranatunga, 42, sent his letter of resignation to President Mahinda Rajapakse giving up his political office to enter Sri Lanka Cricket (SLC), the main body […]
Let’s Talk
July 19, 2006 (LBO) – Sri Lanka’s ports minister Mangala Samaraweera said he was willing to negotiate with striking trade unions if they get back to work on Thursday. “I would like to invite all employees of the Sri Lanka Ports Authority who do not want to sabotage the SLPA (Sri Lanka Ports Authority), to […]