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Stocks dip on news of second attack on military
Update Colombo stocks dipped sharply as suspected Tamil Tigers carried out a second land mine attack on a Sri Lankan Army tractor killing six soldiers. Update Colombo stocks dipped sharply as suspected Tamil Tigers carried out a second land mine attack on a Sri Lankan Army tractor killing six soldiers. The attack is believed to […]
US concerned about ceasefire agreement violations
The US “gravely concerned” about ceasefire agreement violations in Sri Lanka over last few days.The US “gravely concerned” about ceasefire agreement violations in Sri Lanka over last few days. “The United States remains gravely concerned about persistent violations of the Ceasefire Agreement, particularly over the past few weeks,” said a statement issued on Monday, by […]
Tele Medicine
Apollo Hospitals will broad base access to its medical faculties with at least four telemedicine centers spread across the island.Apollo Hospitals will broad base access to its medical faculties with at least four telemedicine centers spread across the island. Currently in its final stages of planning the project is expected to get off ground in […]
Discount
The EU parliament agreed last week to pass laws to allow European companies over ride drug patents, for developing countries in need.The EU parliament agreed last week to pass laws to allow European companies over ride drug patents, for developing countries in need. The patent override is possible only by European companies, through a special […]
Price of Work
Remittances from Sri Lankans working abroad will reach US$ 1.7 billion this year compared to US$ 1.5 billion last year but is it a net gain?Remittances from Sri Lankans working abroad will reach US$ 1.7 billion this year compared to US$ 1.5 billion last year but is it a net gain? Given the high use […]
Bill This Too
Cellular giant, Dialog Telekom will tap the “on the way home” supermarket chain, to allow its 400,000 post paid customer base to pay their phone bills along with their shopping beginning Monday.Cellular giant, Dialog Telekom will tap the “on the way home” supermarket chain, to allow its 400,000 post paid customer base to pay their […]
Sri Lanka army warns Tamil Tigers as bloody attacks spike
Sri Lanka’s outgoing army chief on Monday accused Tamil Tiger rebels of trying to provoke the military with a series of truce-breaking attacks that killed 12 people over the weekend. Sri Lanka’s outgoing army chief on Monday accused Tamil Tiger rebels of trying to provoke the military with a series of truce-breaking attacks that killed […]
Aid scramble wasting Sri Lanka tsunami relief, think-tank says
International and local charities have wasted aid money meant for tsunami relief and slowed reconstruction efforts in Sri Lanka, an independent think-tank said Thursday.International and local charities have wasted aid money meant for tsunami relief and slowed reconstruction efforts in Sri Lanka, an independent think-tank said Thursday. The Institute of Policy Studies (IPS) asked the […]
Nobody’s Child
Almost a year after the tsunami devastated Sri Lanka’s costal communities, many are still languishing without permanent housing due to government inefficiency, under estimating of reconstruction cost and political interference according to a study.Almost a year after the tsunami devastated Sri Lanka’s costal communities, many are still languishing without permanent housing due to government inefficiency, […]
Hot Gas
Government’s new banking minister wants to restart Pramuka Bank which has a mountain of dud loans as a State owned bank while investing up to Rs.5 billion of tax payer money to the industry.Government’s new banking minister wants to restart Pramuka Bank which has a mountain of dud loans as a State owned bank while […]