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Sri Lankan policeman killed by mob after barber’s death
A senior police officer was murdered by a mob in northern Sri Lanka Thursday after a barber giving a hair cut was accidentally shot dead, police chief Chandra Fernando said.A senior police officer was murdered by a mob in northern Sri Lanka Thursday after a barber giving a hair cut was accidentally shot dead, police […]
Bad Line
The proposed caller party pays (CPP) interconnection regime continues to receive negative feedback as the regulator hears public opinion on the issue this week.The proposed caller party pays (CPP) interconnection regime continues to receive negative feedback as the regulator hears public opinion on the issue this week. A series of three public hearing will end […]
‘s death
A senior police officer was murdered by a mob in northern Sri Lanka Thursday after a barber giving a hair cut was accidentally shot dead, police chief Chandra Fernando said.A senior police officer was murdered by a mob in northern Sri Lanka Thursday after a barber giving a hair cut was accidentally shot dead, police […]
VAT on milks foods and gas to be removed to reduce cost of living
The government announced it will remove VAT on milk foods and gas to reduce the cost of living but increased VAT on other items without announcing it.The government announced it will remove VAT on milk foods and gas to reduce the cost of living but increased VAT on other items without announcing it. “To address […]
Newly merged NDB Bank retains its credit rating
The newly merged NDB Bank has retained its AA (sri) rating for its long-term unsecured senior debt from Fitch Ratings Lanka, the credit rating agency said Wednesday. National Development Bank and NDB Bank Ltd merged on Monday after nearly four years in the making. The combined force becomes the fifth largest bank in the country […]
Dialing Now
Incumbent fixed line operator Sri Lanka Telecom says it could be issued with a CDMA wilress services license as early as Thursday. Incumbent fixed line operator Sri Lanka Telecom says it could be issued with a CDMA wilress services license as early as Thursday. Telecom Chairman Anil Obeyesekere told reporters in Colombo on Tuesday that […]
VAT on luxury items goes up to 20%
Value Added Tax or VAT on the government list of luxury items went up from 18 percent to 20 percent from August 1, said the Inland Revenue. Value Added Tax or VAT on the government list of luxury items went up from 18 percent to 20 percent from August 1, said the Inland Revenue. “The […]
IMF bowls a googly to Sri Lanka
The International Monetary Fund on Wednesday urged Sri Lanka to restore the independence of its Central Bank, tighten monetary policy and urged cut backs in fuel subsidies, to maintain economic stability.The International Monetary Fund on Wednesday urged Sri Lanka to restore the independence of its Central Bank, tighten monetary policy and urged cut backs in […]
Pumping in fresh water post tsunami
The International Red Cross and Red Crescent Society will pump in some US$ 30 mn over two years to set up water treatment and distribution systems in tsunami affected area.The International Red Cross and Red Crescent Society will pump in some US$ 30 mn over two years to set up water treatment and distribution systems […]
Plug ‘N Play
Suntel Ltd., a unit of Sweden’s Overseas Telecom AB, has launched a pre-paid fixed line service with an eye to tap the low and middle income segments, officials said Tuesday.Suntel Ltd., a unit of Sweden’s Overseas Telecom AB, has launched a pre-paid fixed line service with an eye to tap the low and middle income […]