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Touching Lives
Sri Lanka’s Hatton National Bank (HNB) plans to securitise part of its micro finance portfolio to expand its low cost credit schemes. Sri Lanka’s Hatton National Bank (HNB) plans to securitise part of its micro finance portfolio to expand its low cost credit schemes. HNB’s micro finance portfolio stands at around Rs. 4 billion at […]
Power Struggle
Ceylon Electricity Board trade unions were to meet late Monday for crucial talks on restructuring the state owned power utility ahead of a donor deadline on Wednesday.Ceylon Electricity Board trade unions were to meet late Monday for crucial talks on restructuring the state owned power utility ahead of a donor deadline on Wednesday. The unions […]
monks protest brings Colombo’s financial and central public transport district comes to a halt
Colombo’s financial and central public transport district came to a halt on Monday with the National Bikkhu Front attempting to march into the Presidential residence in Fort. Colombo’s financial and central public transport district came to a halt on Monday with the National Bikkhu Front attempting to march into the Presidential residence in Fort. The […]
Sri Lanka president in talks to save coalition
Sri Lanka’s president went into talks with opposition parties Monday in a bid to drum up support after a key coalition partner threatened to quit over a tsunami aid deal with Tamil Tiger rebels, officials said. Sri Lanka’s president went into talks with opposition parties Monday in a bid to drum up support after a […]
Sri Lanka police use tear gas, batons to break up monks protest
Police fired tear gas and used batons for the second time in days to break up a protest by Buddhist monks opposed to government plans to enter into a tsunami aid-sharing deal with Tamil rebels, a witness said.Police fired tear gas and used batons for the second time in days to break up a protest […]
‘s life endangered by tsunami aid mechanism
A faction of Buddhist monks in Sri Lanka claim the life of another monk is endangered by the proposed tsunami aid mechanism for the north and east.A faction of Buddhist monks in Sri Lanka claim the life of another monk is endangered by the proposed tsunami aid mechanism for the north and east. The National […]
National Bhikku Front representatives call for the withdrawal of the controversy ridden proposal to share tsunami aid
Monday – Colombo: National Bhikku Front representatives call for the withdrawal of the controversy ridden proposal to share tsunami aid with the LTTE. National Bhikku Front representative Thunnane Pragnamurthyi speaking at a press conference in Colombo on Monday. SF/LBO Monday – Colombo: National Bhikku Front representatives call for the withdrawal of the controversy ridden proposal […]
Who’s The Fool?
Tax changes proposed by the last budget got the legislative stamp recently but experts speaking at a forum said the tax system is now even more complicated.Tax changes proposed by the last budget got the legislative stamp recently but experts speaking at a forum said the tax system is now even more complicated. The government […]
Sri Lanka’s tourism arrival numbers are up, but beach front properties remain virtually empty
Despite claims that tourist revivals are up 8 percent by May, many of Sri Lanka’s resorts on the southern coast remain almost empty since the tsunami. Despite claims that tourist revivals are up 8 percent by May, many of Sri Lanka’s resorts on the southern coast remain almost empty since the tsunami. Visitors who helped […]
‘s The Fool?
Tax changes proposed by the last budget got the legislative stamp recently but experts speaking at a forum said the tax system is now even more complicated.Tax changes proposed by the last budget got the legislative stamp recently but experts speaking at a forum said the tax system is now even more complicated. The government […]