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Green Power
Renewable energy player Vidulanka Ltd plans to tap the capital markets next year to raise around Rs.265 million to fund upcoming power projects, officials said Wednesday.Renewable energy player Vidulanka Ltd plans to tap the capital markets next year to raise around Rs. 265 million to fund upcoming power projects, officials said Wednesday. The power producer […]
Singer’s private party gets top rating
Singer (Sri Lanka) Ltd walked off with a A+(sri) rating from Fitch Ratings Lanka Limited for its upcoming debenture issue, the rating agency said Tuesday. Singer (Sri Lanka) Ltd walked off with a A+(sri) rating from Fitch Ratings Lanka Limited for its upcoming debenture issue, the rating agency said Tuesday. The rating outlook is stable. […]
Sri Lanka’s main opposition party plans to splash millions on welfare subsidies and ban dowries
Sri Lanka’s main opposition party plans to ban dowries, smoking in public places, offer year-end bonuses to public servants and splash out billions of rupees by way of welfare subsidies, if it wins the November presidential poll, its leader said Tuesday. Sri Lanka’s main opposition party plans to ban dowries, smoking in public places, offer […]
‘s private party gets top rating
Singer (Sri Lanka) Ltd walked off with a A+(sri) rating from Fitch Ratings Lanka Limited for its upcoming debenture issue, the rating agency said Tuesday. Singer (Sri Lanka) Ltd walked off with a A+(sri) rating from Fitch Ratings Lanka Limited for its upcoming debenture issue, the rating agency said Tuesday. The rating outlook is stable. […]
Healthy Interest
World Health Organisation (WHO) tells Sri Lankan health authorities to participate in trade talks, for good health.World Health Organisation (WHO) tells Sri Lankan health authorities to participate in trade talks, for good health. “We have advocated that Sri Lanka strengthen legal expertise in the Ministry of Health, to influence future trade negotiations,” said the director […]
Crash Bang
A new capital requirement is shaking up Sri Lanka’s fragmented banking industry, encouraging mergers of small banks and forcing all to make more efficient use of their funds, analysts say. In April, the central bank said all banks must have at least Rs.2.5 billion ( million) in Tier 1 capital by the end of 2007, […]
‘s main opposition party plans to splash millions on welfare subsidies and ban dowries
Sri Lanka’s main opposition party plans to ban dowries, smoking in public places, offer year-end bonuses to public servants and splash out billions of rupees by way of welfare subsidies, if it wins the November presidential poll, its leader said Tuesday. Sri Lanka’s main opposition party plans to ban dowries, smoking in public places, offer […]
The EU considers banning the LTTE – cracks down on illlegal fund raising
The European Union said Monday that it may ban the LTTE and will no longer receive any Tamil Tiger delegation in its member states until further notice.The European Union said Monday that it may ban the LTTE and will no longer receive any Tamil Tiger delegation in its member states until further notice. “The European […]
Sheep’s Clothing
The United Nations whacked the European Union’s trade rules as ‘protectionist’, with tough eligibility requirements effectively shutting out poor countries.The United Nations whacked the European Union’s trade rules as ‘protectionist’, with tough eligibility requirements effectively shutting out poor countries. The EU has come most under attack for its tough Rules of Origin criteria, which specifies […]
Who’s Got the Power?
Battle between the board and the management at the monopoly power utility CEB intensified as engineers objected to the board calling for reasons from the General Manager for his conduct.Battle between the board and the management at the monopoly power utility CEB intensified as engineers objected to the board calling for reasons from the General […]