Sri Lanka resurrects its Bribery Commission

Sri Lanka reactivated its dormant Bribery Commission by appointing retired Supreme Court Judge Ameer Ismail to head the three member panel.Sri Lanka reactivated its dormant Bribery Commission by appointing retired Supreme Court Judge Ameer Ismail to head the three member panel. With Ismail’s appointment, the “three-member Commission to Investigate Allegations of Bribery and Corruption (CIABOC) […]

Tsunami survivors’ line up for biggest free lunch buffet

Sri Lankan school children and women stand in a queue as they wait for a free lunch offered by a charity organisation 26 March 2005 at the tourist resort town of Hikkaduwa in southern Sri Lanka as the region marks the three-month anniversary of the December 2004 tsunamis that killed nearly 400 people in the […]

‘ line up for biggest free lunch buffet

Sri Lankan school children and women stand in a queue as they wait for a free lunch offered by a charity organisation 26 March 2005 at the tourist resort town of Hikkaduwa in southern Sri Lanka as the region marks the three-month anniversary of the December 2004 tsunamis that killed nearly 400 people in the […]

Tick Tick

Three twisted carriages stand as a grim reminder of the December tsunamis that engulfed the “Ocean Queen” train, sending more than 1,000 passengers to their deaths and ripping up the tracks. Three twisted carriages stand as a grim reminder of the December tsunamis that engulfed the “Ocean Queen” train, sending more than 1,000 passengers to […]

Sri Lanka peace talks on ‘backburner’

Sri Lanka’s foreign minister ruled out an early resumption of peace talks to end a three-decade conflict with Tamil Tiger rebels but said a deal on disbursing tsunami relief was possible. Sri Lanka’s foreign minister ruled out an early resumption of peace talks to end a three-decade conflict with Tamil Tiger rebels but said a […]

Primary dealers criticise interest rate policy uncertainty

Primary dealers criticized interest rate policy uncertainty and have resisted Central Bank moves to increase their minimum capital requirement.Primary dealers criticized interest rate policy uncertainty and have resisted Central Bank moves to increase their minimum capital requirement. A proposal to bring in a risk weighting for capital, over time is expected to go to the […]

Good Cooperation

A top Emirates Airline executive says traffic to Sri Lanka is picking up after the December tsunami but the country and industry still face many challenges. A top Emirates Airline executive says traffic to Sri Lanka is picking up after the December tsunami but the country and industry still face many challenges. rates owns an […]

Waters Edge

Government hiked charges for pipe-borne water last month as part of a string of subsidy reversals. Government hiked charges for pipe-borne water last month as part of a string of subsidy reversals. However pipe borne water accounts for a fraction of the water consumed in Sri Lanka. Subsidies continue for most of the other water […]

Fantasy Island

Traders at Hikkaduwa protest the 100-metre buffer zone that is preventing them from rebuilding their damaged shops. The entire Hikkaduwa town is within the 100 metre zone. – AFP Sri Lankans are adept at reading the future – they see what’s coming, but sadly, being stuck on an island, have little room to run. Traders […]

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