Tourist arrival to Sri Lanka change after the tsunami

Tourist arrival patterns to Sri Lanka show a shift from traditional Western European markets to regional markets after the tsunami. Tourist arrival patterns to Sri Lanka show a shift from traditional Western European markets to regional markets after the tsunami. “Arrivals from western Europe are still down.We are trying to revive them. But arrivals from […]

IT Works

The Education Ministry hopes to call for a larger budget allocation for IT related education in the national curriculum.The Education Ministry hopes to call for a larger budget allocation for IT related education in the national curriculum. The IT project is now largely funded though an ADB grant for developing secondary education in Sri Lanka. […]

Better Late?

The Ceylon Electricity Board (CEB) is trying to increase its fixed electricity charges by August.The Ceylon Electricity Board (CEB) is trying to increase its fixed electricity charges by August. “It is imperative that we increase prices or we will incur large losses.There is no alternative but to pass this on to consumers,” CEB General Manager, […]

Sri Lankan president braces for coalition split over Tamil aid deal

Sri Lankan plain clothes policemen forcibly carry away Buddhist monk Dambara Amila ending his fast to the death in Colombo, 15 June 2005. (AFP) Sri Lankan President Chandrika Kumaratunga braced Wednesday for the departure from government of a key coalition partner over plans for a tsunami aid sharing deal with Tamil Tiger rebels, officials said. […]

Marxist party readies to quit Sri Lankan coalition, police end monk fast

Sri Lankan plain clothes policemen forcibly carry away Buddhist monk Dambara Amila ending his fast to the death in Colombo, 15 June 2005. The monk was protesting government plans to enter into an aid sharing deal with Tamil Tiger rebels. Amila is supported by the government’s main coalition partner, the Marxist JVP, which has vowed […]

Comfy Zone

Sri Lanka’s central bank may have little choice but to do nothing on monetary policy in the next few months even as the economy, still reeling from last year’s tsunami and political turmoil, seeks a boost from lower interest rates. Sri Lanka’s central bank may have little choice but to do nothing on monetary policy […]

Power Surge

Fixed electricity prices could double after a Cabinet green light expected on Wednesday, to tide the thermal dependant Electricity Board through surging crude costs.Fixed electricity prices could double after a Cabinet green light expected on Wednesday, to tide the thermal dependant Electricity Board through surging crude costs. About 60 percent of the country’s electricity generation […]

Troubleshooter

Government and trade union talks on Ceylon Electricity Board (CEB) restructuring collapses and trade unions call for mediation by the Prime Minister again.Government and trade union talks on Ceylon Electricity Board (CEB) restructuring collapses and trade unions call for mediation by the Prime Minister again. Over the past month trade unions, lending agnecies and government […]

JVP says will pull out of government by Thursday

The JVP today re-iterated that it would pull out of Sri Lanka’s coalition government tomorrow at midnight, if the joint mechanism is not pulled out.The JVP today re-iterated that it would pull out of Sri Lanka’s coalition government tomorrow at midnight, if the joint mechanism is not pulled out. At a mass public rally near […]

Foreign donors warn Sri Lanka over escalating violence

Sri Lanka’s main international donors Tuesday asked the Colombo government and Tamil Tiger rebels to take action to stop escalating violence and stem a wave of political killings undermining a fragile truce.Sri Lanka’s main international donors Tuesday asked the Colombo government and Tamil Tiger rebels to take action to stop escalating violence and stem a […]

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