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Tamil Tigers seen as kingmakers in Sri Lanka vote
Sri Lanka’s minority parties have aligned with the two main contenders for next month’s presidential election hoping to be kingmakers, but analysts say it is the Tamil Tiger rebels who will end up calling the shots Sri Lanka’s minority parties have aligned with the two main contenders for next month’s presidential election hoping to be […]
Norway rules out early talks on Sri Lanka truce
Peace broker Norway ruled out early direct talks between Tamil Tigers and Sri Lanka to save their truce although the rebels said they were ready for discussions before next month’s presidential vote. Peace broker Norway ruled out early direct talks between Tamil Tigers and Sri Lanka to save their truce although the rebels said they […]
Hidden Agenda?
A Saudi Arabian investor has sought permission to raise his stakes in Commercial Bank of Ceylon, as key shareholders try to oust the bank’s present Chairman.A Saudi Arabian investor has sought permission to raise his stakes in Commercial Bank of Ceylon, as key shareholders try to oust the bank’s present Chairman. Saudi Arabia’s Euro Gulf […]
New owners for former colonial homes
Tropical Pleasure (Pvt) Ltd., a unit of the boutique hotel Elephant Corridor, will splash Rs.350 million to expand into a hotel school and buy up aristocratic homes to house discerning travelers.Tropical Pleasure (Pvt) Ltd., a unit of the boutique hotel Elephant Corridor, will splash Rs. 350 million to expand into a hotel school and buy […]
State departments have 4 weeks to clear a project, or else….
Line agencies have been given four to six weeks to speed up clearances for tourism development projects, in a Cabinet decision passed on Wednesday. Line agencies have been given four to six weeks to speed up clearances for tourism development projects, in a Cabinet decision passed on Wednesday. All ministries and departments have a maximum […]
Tea exports have not caught up with growing production
Sri Lanka’s tea exports have not caught up with its fast growing production this year, with the difference between the two quantities notching up to 27 million kilos, up from an average 10 million kilos in other years. Industry watchers however say the extra teas could be absorbed in the current winter buying.The higher than […]
Politicians littering Colombo and getting public to pay to clean up
Sri Lankan politicians are littering the island’s commercial capital, Colombo and are getting the public to pay to clean up their mess. Sri Lankan politicians are littering the island’s commercial capital, Colombo and are getting the public to pay to clean up their mess. A woman walks past a barricade at the main street leading […]
Blast in Sri Lankan capital; no casualties
Police inspect the wreckage of a van after a bomb explosion in the Sri Lankan capital Colombo, 06 October 2005. There were no major casualties in the blast in front of a newspaper office of a moderate Tamil political party. AFP PHOTO/Sena Vidanagama An explosion believed to be caused by a grenade was reported in […]
Thirst for fuel swells Sri Lanka’s import bill for August
Sri Lanka’s never ending thirst for fuel has weighed down the country’s import bill for August, negating export gains from the apparel and rubber industries, the island’s Central Bank said Wednesday.Sri Lanka’s never ending thirst for fuel has weighed down the country’s import bill for August, negating export gains from the apparel and rubber industries, […]
Few Options
Ceylinco Insurance has launched investment linked life plans which will gives policyholders the option of directing where his life funds would be invested.Ceylinco Insurance has launched investment linked life plans which will gives policyholders the option of directing where his life funds would be invested. Ceylinco Shilpa is a child education policy and Ceylinco Retirement […]