Guessing Game

The head of government’s Strategic Enterprises Management Authority (SEMA) says proposals to build two coal power plants would be accepted to overcome energy crisis as key unions opposed donor-backed reforms.The head of government’s Strategic Enterprises Management Authority (SEMA) says proposals to build two coal power plants would be accepted to overcome energy crisis as key […]

”s east

Suspected Tiger gunmen shot dead a police officer in Sri Lanka’s troubled east today, hours after former US president Bill Clinton visited the restive region, police said. Suspected Tiger gunmen shot dead a police officer in Sri Lanka’s troubled east today, hours after former US president Bill Clinton visited the restive region, police said. Inspector […]

Road Across

Japan on Friday gave close to US$ 10 million to Sri Lanka to construct a bridge across the Mahaweli River – a link on the A-11 road, which is a key access route to the east coast.Japan on Friday gave close to US$ 10 million to Sri Lanka to construct a bridge across the Mahaweli […]

Early Bird

Malaysia’s successful budget carrier AirAsia, is in early talks with Sri Lanka’s aviation authorities as it eyes Colombo for its next regional expansion.Malaysia’s successful budget carrier AirAsia, is in early talks with Sri Lanka’s aviation authorities as it eyes Colombo for its next regional expansion. “We are at very early stages. We have just started […]

Boarding Now

Sri Lanka’s aviation regulator is to pick two of nine contenders including Jetwing Travels, to fly alongside national carrier SriLankan Airlines on international routes.Sri Lanka’s aviation regulator is to pick two of nine contenders including Jetwing Travels, to fly alongside national carrier SriLankan Airlines on international routes. The country’s aviation apex body called for Expressions […]

Air Assets

European truce monitors in Sri Lanka have warned that the “air assets” of separatist Tamil Tiger rebels could re-ignite war on the island and destabilise security in South Asia.European truce monitors in Sri Lanka have warned that the “air assets” of separatist Tamil Tiger rebels could re-ignite war on the island and destabilise security in […]

Steering Off

Shippers and ship agents say a lack of commitment from consecutive governments is eroding Sri Lanka’s advantages in the maritime business. Shippers and ship agents say a lack of commitment from consecutive governments is eroding Sri Lanka’s advantages in the maritime business. A Ceylon Chamber of Commerce forum on port development and its impact on […]

Smoke Signals

Sri Lanka’s Central Bank is spearheading a nationwide census to smoke out some 20,000 unregulated financial entities, a top official said Friday. Sri Lanka’s Central Bank is spearheading a nationwide census to smoke out some 20,000 unregulated financial entities, a top official said Friday. Central Bank’s Deputy Governor Ranee Jayamaha says unlicensed deposit taking institutions […]

Shopping Around

The tsunami alters tourism industry dynamics in Sri Lanka with more visitors coming for a shopping experience rather than the traditional sun and sand break.The tsunami alters tourism industry dynamics in Sri Lanka with more visitors coming for a shopping experience rather than the traditional sun and sand break. Analysts from Asia Securities – a […]

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