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People Power
People’s Bank is expecting a Rs.2 billion capital injection in the next couple of weeks after meeting important performance criteria. People’s Bank is expecting a Rs. 2 billion capital injection in the next couple of weeks after meeting important performance criteria. An Asian Development Bank (ADB) team that reviewed the bank’s performance last week said […]
Canada reaches out to help small hotel operator
Hotel operators are benefiting from expert advice from a Canadian non-profit organization that is volunteering to help developing countries grow through potential sectors like tourism and SMEs. Hotel operators are benefiting from expert advice from a Canadian non-profit organization that is volunteering to help developing countries grow through potential sectors like tourism and SMEs. A […]
Second Chance
A chat with a peace advocate on what the current wave of attacks could mean for the peace process. A chat with a peace advocate on what the current wave of attacks could mean for the peace process. Thirty five people were killed in violence in two weeks in a serious undermining of the peace […]
What Next?
Poor management and labor issues are bigger challenges for apparel exporters from Sri Lanka than the phase out of quotas for garments earlier in the year according to an NGO. Poor management and labor issues are bigger challenges for apparel exporters from Sri Lanka than the phase out of quotas for garments earlier in the […]
Bottomless Pit
Only 20 percent of grants and loans to rebuild after the Tsunami have been used by the government in the first year after the disaster. Only 20 percent of grants and loans to rebuild after the Tsunami have been used by the government in the first year after the disaster. It would take five and […]
Sri Lanka peace hopes dim amid fresh row over venue: diplomats
Hopes for a revival of Sri Lanka’s peace process dimmed after Tamil Tiger rebels rejected a government offer to hold ice-breaking talks at an Asian venue hosted by Japan, diplomats said Sunday.Hopes for a revival of Sri Lanka’s peace process dimmed after Tamil Tiger rebels rejected a government offer to hold ice-breaking talks at an […]
Lost Cause
Sri Lanka as of end-September had utilised less than a tenth of the loans and a quarter of the grants offered by foreign donors since last year’s unprecedented tsunami disaster, a top official said Friday.Sri Lanka as of end-September had utilised less than a tenth of the loans and a quarter of the grants offered […]
Red Hot
Linux based software giant Red Hat says setting up office here has helped gain access to lucrative government contracts.Linux based software giant Red Hat says setting up office here has helped gain access to lucrative government contracts. Red Hat India’s Business Manager for Sri Lanka, Amal R Dias on Friday said that since the open-source […]
Sri Lanka monitors blame Tigers for chopper attack
Scandinavian ceasefire monitors in Sri Lanka blamed Tamil Tigers for shooting at an unarmed military helicopter earlier this week and said the attack seriously undermined the fragile truce.Scandinavian ceasefire monitors in Sri Lanka blamed Tamil Tigers for shooting at an unarmed military helicopter earlier this week and said the attack seriously undermined the fragile truce. […]
Tigers reject Asian venue for Sri Lanka peace talks
Tamil Tiger rebels Saturday rejected a Sri Lankan offer to hold peace talks at an Asian venue and insisted that any negotiations must be in the capital of the peacebroker Norway.Tamil Tiger rebels Saturday rejected a Sri Lankan offer to hold peace talks at an Asian venue and insisted that any negotiations must be in […]