Hogwash!

Sri Lanka Telecom has turned down a request to block international calls to 12 countries to prevent modem hijacking and internet porn scams.Sri Lanka Telecom has turned down a request to block international calls to 12 countries to prevent modem hijacking and internet porn scams. The telecom watchdog asked SLT to block calls for a […]

IDD Nanny

Sri Lanka’s telecom watchdog will block international direct dialing (IDD) access to twelve countries from Tuesday to prevent ‘modem hijacking’ and internet scams, an official said Sunday.Sri Lanka’s telecom watchdog will block international direct dialing (IDD) access to twelve countries from Tuesday to prevent ‘modem hijacking’ and internet scams, an official said Sunday. The three […]

Ceylon Chamber wants a pre-election budgetary position before Presidential elections

The Ceylon Chamber of Commerce wants a pre-election budgetary position made public, before the Presidential election.The Ceylon Chamber of Commerce wants a pre-election budgetary position made public, before the Presidential election. Sri Lanka’s leading trade chamber wants the government to amend the Fiscal Management (Responsibility) Act, to allow a pre-election fiscal report before a Presidential […]

‘s Oct. annaulised inflation slips

Sri Lanka’s inflation rate for October eased marginally to 12.5 percent due to a price reduction in some food items, the Census & Statistics Board said Monday. Sri Lanka’s inflation rate for October eased marginally to 12.5 percent due to a price reduction in some food items, the Census & Statistics Board said Monday. Authorities […]

Watch Out!

The European Union warned Sri Lanka that it will organise no more election monitoring missions to the troubled island unless Colombo implements recommendations to reduce fraud. The European Union warned Sri Lanka that it will organise no more election monitoring missions to the troubled island unless Colombo implements recommendations to reduce fraud. European Union mission […]

Poor Credit

International micro finance experts recommend that donors put the breaks on funding microfinance in Sri Lanka, as system unsustainable.International micro finance experts recommend that donors put the breaks on funding microfinance in Sri Lanka, as system unsustainable. “Given the plethora of organisations, many mushrooming more after the tsunami, we are telling donors to take a […]

Want Now!

Health sector trade unions will call off their strike tomorrow (Saturday) but are threatening another disruption from November 9, if demands are not met.Health sector trade unions will call off their strike tomorrow (Saturday) but are threatening another disruption from November 9, if demands are not met. “We will stop the strike tomorrow at 7.00 […]

Rural homes begin to spend, challenging marketers

In a rural village in the North Western Province, there is no rain for four months of the year and incomes are low.But families are making some life-changing economic decisions.In a rural village in the North Western Province, there is no rain for four months of the year and incomes are low. But families are […]

Sri Lanka’s Pan Asia Bank falls short

Sri Lanka’s Pan Asia Banking Corp (PABC) could loose its BB+(sri) rating, if it fails to beef up its capital, Fitch Ratings Lanka warned Thursday. Sri Lanka’s Pan Asia Banking Corp (PABC) could loose its BB+(sri) rating, if it fails to beef up its capital, Fitch Ratings Lanka warned Thursday. As at June 2005, PABC’s […]

Lanka Rating off to a flying start

Lanka Rating Agency, a unit of Malayasia’s Rating Agency Malaysia, has secured 15 mandates in its first few months of operation, officials said Thursday. Lanka Rating Agency, a unit of Malayasia’s Rating Agency Malaysia, has secured 15 mandates in its first few months of operation, officials said Thursday. The island’s second rating agency says credit […]

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