NGO Accounting

The Asian Tsunami tragedy has already attracted around US$ 9 billion in money and other aid to the region but experts say systems and internal controls to manage this outpouring is not up to mark.The Asian Tsunami tragedy has already attracted around US$ 9 billion in money and other aid to the region but experts […]

NSB Dip

National Savings Bank (NSB) says deposit growth has slowed despite its strong franchise as a credit rating agency warned of higher market risk because the bank has subscribed to more government rupee securities.National Savings Bank (NSB) says deposit growth has slowed despite its strong franchise as a credit rating agency warned of higher market risk […]

Heat Wave

SINGAPORE, Aug 21 (AFP) – Asia’s oil-guzzling economies are bracing themselves for the worst as crude prices threaten to hit 70 dollars a barrel, stoking fears of slower growth, soaring inflation and rising interest rates. SINGAPORE, Aug 21 (AFP) – Asia’s oil-guzzling economies are bracing themselves for the worst as crude prices threaten to hit […]

PERC Jerk

Petroleum retailer Lanka IOC is negotiating with the Public Enterprise Reform Commission (PERC) which is contesting the company’s claim to a petroleum subsidy based on an agreed formula. Petroleum retailer Lanka IOC is negotiating with the Public Enterprise Reform Commission (PERC) which is contesting the company’s claim to a petroleum subsidy based on an agreed […]

Sri Lanka keen for early truce talks with Tamil rebels: Norway

Sri Lanka’s government is keen to have early talks to salvage a truce with Tamil Tiger rebels after both sides agreed to a review of the ceasefire, peacebroker Norway said Saturday.Sri Lanka’s government is keen to have early talks to salvage a truce with Tamil Tiger rebels after both sides agreed to a review of […]

Norway clinches breakthrough in Sri Lanka peace bid, talks soon

Sri Lanka’s Tamil Tiger rebels Friday agreed to lift a 30-month deadlock in the Norwegian-brokered peace bid and open face-to-face talks with the Colombo government to salvage their troubled truce.Sri Lanka’s Tamil Tiger rebels Friday agreed to lift a 30-month deadlock in the Norwegian-brokered peace bid and open face-to-face talks with the Colombo government to […]

Tigers agree to review Sri Lanka truce, emergency extended

Sri Lanka’s Tamil Tiger rebels have agreed to meet with the government and review their truce which was threatened following the assassination of the foreign minister, the BBC reported. Sri Lanka’s Tamil Tiger rebels have agreed to meet with the government and review their truce which was threatened following the assassination of the foreign minister, […]

It’s Through

Sri Lanka’s parliament Thursday extended the state of emergency imposed after the assassination of the country’s foreign minister by suspected Tamil Tiger rebels.Sri Lanka’s parliament Thursday extended the state of emergency imposed after the assassination of the country’s foreign minister by suspected Tamil Tiger rebels. The assembly voted 124 for and 21 against extending the […]

Crowding Out

Sri Lanka to recall its retired centralised public transport service back on to the roads, to crowd out unruly private buses.Sri Lanka to recall its retired centralised public transport service back on to the roads, to crowd out unruly private buses. Cabinet Spokesman Nimal Siripala de Silva told journalists on Thursday that the Cabinet had […]

‘s Through

Sri Lanka’s parliament Thursday extended the state of emergency imposed after the assassination of the country’s foreign minister by suspected Tamil Tiger rebels.Sri Lanka’s parliament Thursday extended the state of emergency imposed after the assassination of the country’s foreign minister by suspected Tamil Tiger rebels. The assembly voted 124 for and 21 against extending the […]

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