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Sri Lanka Insurance gets clean bill, but financial reporting and IT needs sprucing up: Fitch
Sri Lanka Insurance Corp., retained its national ratings, but the firm needs to clean up its financial reporting and IT system, Fitch Ratings said Tuesday. Sri Lanka Insurance Corp., retained its national ratings, but the firm needs to clean up its financial reporting and IT system, Fitch Ratings said Tuesday. Giving a ‘stable’ rating outlook, […]
Completely Clueless!
Sri Lankans may have to call on seers for help, as neither presidential candidate in Thursday’s poll, is clear on how they will pay for subsidies or tackle painful economic reforms, analysts said.Sri Lankans may have to call on seers for help, as neither presidential candidate in Thursday’s poll, is clear on how they will […]
Sri Lanka PM skips rally amid suicide fears, campaign ends
Sri Lanka’s Prime Minister Mahinda Rajapakse skipped his final campaign rally amid fears of suicide bombings against presidential candidates on Monday.Sri Lanka’s Prime Minister Mahinda Rajapakse skipped his final campaign rally amid fears of suicide bombings against presidential candidates on Monday. Police said the premier kept away from the meeting while his main challenger, Opposition […]
Sri Lanka’s borrowing costs go up, speculation of a possible rate hike ahead of polls
Sri Lanka’s borrowing costs went up by about 10-15 basis points at this week’s treasury bill auction, leaving room for speculation that the Central Bank may hike its benchmark interest rates on Wednesday.Sri Lanka’s borrowing costs went up by about 10-15 basis points at this week’s treasury bill auction, leaving room for speculation that the […]
‘s borrowing costs go up, speculation of a possible rate hike ahead of polls
Sri Lanka’s borrowing costs went up by about 10-15 basis points at this week’s treasury bill auction, leaving room for speculation that the Central Bank may hike its benchmark interest rates on Wednesday.Sri Lanka’s borrowing costs went up by about 10-15 basis points at this week’s treasury bill auction, leaving room for speculation that the […]
Rescue 118
Sri Lanka is testing a wireless network based emergency and disaster warning system, eleven months after the Indian Ocean tsunami killed some 40,000 coastal dwellers.Sri Lanka is testing a wireless network based emergency and disaster warning system, eleven months after the Indian Ocean tsunami killed some 40,000 coastal dwellers. Developed by Dialog Telekom and local […]
Back Support
Dialog Telekom on Monday signed a deal worth Rs.1.8 billion to buy over Sri Lanka’s largest private communication backbone operator, MTT Networks.Dialog Telekom on Monday signed a deal worth Rs. 1.8 billion to buy over Sri Lanka’s largest private communication backbone operator, MTT Networks. Dialog Telekom on Monday signed a deal worth Rs. 1.8 billion […]
Substantial reduction in election related violence
Election monitors report a “substantial” reduction in election related violence in Sri Lanka during the run up to Presidential elections so far. Election monitors report a “substantial” reduction in election related violence in Sri Lanka during the run up to Presidential elections so far. The Centre for Monitoring Election Violence (CMEV) recorded 389 complaints compared […]
Sri Lanka deploys troops amid pre-poll bomb fears
Sri Lanka deployed troops amid fears of suicide bomb attacks against presidential candidates staging their final campaign rallies Monday ahead of an election later this week.Sri Lanka deployed troops amid fears of suicide bomb attacks against presidential candidates staging their final campaign rallies Monday ahead of an election later this week. “Extraordinary measures” had been […]
Economy and peace choices for Sri Lankans at key vote
Sri Lanka’s presidential election this week has turned into a vote on the country’s distressed economy and the troubled peace process, with the two main contenders diverging sharply on the major issues.Sri Lanka’s presidential election this week has turned into a vote on the country’s distressed economy and the troubled peace process, with the two […]