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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 […]
Losing Faith
Treasury Secretary Dr P. B. Jayasundera says he has little faith in Central Bank numbers.Treasury Secretary Dr P. B. Jayasundera says he has little faith in Central Bank numbers. “I was at the Central Bank Public Finance Department and wrote these reports for 20 years.It is the same thing again and again. For us to […]
Better Management
Top economic advisor to the Prime Minister Ajith Nivard Cabral says big government is possible despite the lack of Fiscal space.Top economic advisor to the Prime Minister Ajith Nivard Cabral says big government is possible despite the lack of Fiscal space. Mr. Cabral, an accountant, used to be a member of the capitalist UNP.The Prime […]
Easy Prey
Sri Lanka is just recovering from a bad bout of inflation. But inflation actually helps the Treasury balance its books, by boosting nominal revenues, and imposing cuts in wages and other expenditure in real terms. Sri Lanka is just recovering from a bad bout of inflation. But inflation actually helps the Treasury balance its books, […]
Hot Air
The Court of Appeal has ruled the Consumer Affairs Authority (CAA) cannot control Shell Gs Lanka prices by categorizing LP gas as an essential item.The Court of Appeal has ruled the Consumer Affairs Authority (CAA) cannot control Shell Gs Lanka prices by categorizing LP gas as an essential item. The court awarded the case in […]
Marxist JVP claims its not opposed to private sector or foreign investors
The JVP (Janatha Vimukthi Peramuna) says it is changing fast and it no longer opposes the private sector or foreign investors.The JVP (Janatha Vimukthi Peramuna) says it is changing fast and it no longer opposes the private sector or foreign investors. Top rungers in the UPFA at an evening meeting at Colombo Hilton said anti-business […]