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Down Play
Sri Lanka’s Census and Statistics Department says the island’s consumer in June 2005, saved a total just over the minimum bus fare for a single journy.Sri Lanka’s Census and Statistics Department says the island’s consumer in June 2005, saved a total just over the minimum bus fare for a single journy. The Colombo Consumers’ Price […]
Term Report
The government will miss the June 30 deadline to put out a mid year fiscal position report, as per its obligations in the Fiscal Management Act passed in 2003.The government will miss the June 30 deadline to put out a mid year fiscal position report, as per its obligations in the Fiscal Management Act passed […]
New Ideas
The World Bank said Thursday that it will give Sri Lanka’s crisis ridden education sector a US$ 60 mn grant this year, padding up the state education spend..The World Bank said Thursday that it will give Sri Lanka’s crisis ridden education sector a US$ 60 mn grant this year, padding up the state education spend.. […]
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 […]