All Blogs
Chips Anyone
Chipmaker Intel says it is helping local PC assemblers put together laptop computers and improve assembly standards.Chipmaker Intel says it is helping local PC assemblers put together laptop computers and improve assembly standards. Intel officials say growth in mobile computing is higher than desktop PCs in both technologically advanced and developing countries. Low PC penetration […]
Going Nowhere
Lending agency loans, for electricity sector reforms in Sri Lanka, expire this week but reforms talks between government and trade unions are still deadlocked.Lending agency loans, for electricity sector reforms in Sri Lanka, expire this week but reforms talks between government and trade unions are still deadlocked. A Rs 3 bn loan from the Japan […]
‘s economic growth
Soaring oil prices and political instability could put the breaks on Sri Lanka’s economic performance this year, the country’s Central Bank said Thursday.Soaring oil prices and political instability could put the breaks on Sri Lanka’s economic performance this year, the country’s Central Bank said Thursday. “Macro stability as well as political stability would be crucial […]
Suspected rebels kill three Sri Lankan troops in gunbattle
Suspected Tamil Tiger rebels killed three soldiers from a military intelligence unit in a gunbattle in eastern Sri Lanka on Thursday, the defence ministry said.Suspected Tamil Tiger rebels killed three soldiers from a military intelligence unit in a gunbattle in eastern Sri Lanka on Thursday, the defence ministry said. The rebels attacked the three men […]
Sri Lanka posts 4.8% post tsunami growth
Sri Lanka’s economy in the first quarter of 2005 grew 4.8 percent in the immediate aftermath of the December tsunami that destroyed most of the island’s costal infrastructure. Sri Lanka’s economy in the first quarter of 2005 grew 4.8 percent in the immediate aftermath of the December tsunami that destroyed most of the island’s costal […]
Road Rehab
Inadequate funds to maintain Sri Lanka’s roads means all 15,000 km of provincial roads now need to be torn up and re-laid, with other highways under threat.Inadequate funds to maintain Sri Lanka’s roads means all 15,000 km of provincial roads now need to be torn up and re-laid, with other highways under threat. The Road […]
Leap Year
Philautus Asankai, a powder-blue mountain frog, a new species discovered from Sri Lanka’s central highlands. (AFP) Conservationists in Sri Lanka, the world’s top spot for frogs, have discovered 35 new species of the amphibians — only to find that another 19 species have died out. Philautus Asankai, a powder-blue mountain frog, a new species discovered […]
Tasty Legs
Sri Lanka could leap into the lucrative frog legs business as 35 new species of the amphibians have been found in the island which is already the world’s number one hot spot for frogs.There are no known exports of frog legs from Sri Lanka , but the latest findings of the Wildlife Heritage Trust should […]
Big CRIB
Sri Lanka’s Credit Information Bureau (CRIB) is to expand its services to include factoring, non-bank and non-financial providers of credit, officials said Wednesday.Sri Lanka’s Credit Information Bureau (CRIB) is to expand its services to include factoring, non-bank and non-financial providers of credit, officials said Wednesday. Presently, CRIB maintains credit records for banks and finance companies, […]
Agriculture support services makeup over half of rural GDP
An ADB/World Bank study has found that agriculture support services makeup over half of rural GDP and household incomes. An ADB/World Bank study has found that agriculture support services makeup over half of rural GDP and household incomes. The previously overlooked non-agro sector which included transport and trading activities is estimated to contribute as much […]