All Blogs
Flight Check
Holiday Air, a Sri Lankan airline, plans to invest US$ 12 mn to operate international flights from the island, following the liberalisation of the sector, the government’s Board of Investment said Friday.Holiday Air, a Sri Lankan airline, plans to invest US$ 12 mn to operate international flights from the island, following the liberalisation of the […]
Mosquito Bite
Air fares to hot spots like Middle East and London are bottoming out, putting pressure on full fledge carriers, but newbie Etihad Airways says there is still room for all to survive in a friendly manner.Air fares to hot spots like Middle East and London are bottoming out, putting pressure on full fledge carriers, but […]
Japanese Input
The Japanese government commits money to get electricity transmission in the North back on track and for agriculture development.The Japanese government commits money to get electricity transmission in the North back on track and for agriculture development. A loan of Rs 1.2 bn will go towards rehabilitating the Vavuniya – Kilinochchi electricity transmission line. “This […]
Work Worries
The United Nations warns that more women going abroad to work is leading to more human trafficking. The United Nations warns that more women going abroad to work is leading to more human trafficking. A UN report on migration shows that increasing female migration is also leading to more human trafficking. Women now account for […]
Quick Thinking
Market player N M Tony Perera compounded his case with the securities watchdog for an allegedly creating a false market by paying up a Rs. 50,000 fine, the regulator said Friday. Market player N M Tony Perera compounded his case with the securities watchdog for an allegedly creating a false market by paying up a […]
Euro 100 mn tsunami aid from the EU to come in by mid this year
The first instalment of Euro 100 mn tsunami aid from the European Union is to come in by mid this year, to help people get back to work.The first instalment of Euro 100 mn tsunami aid from the European Union is to come in by mid this year, to help people get back to work. […]
New set of guidelines for duty concessions – valid until April 24 – for tsunami relief items
The government announced a new set of guidelines for duty concessions – valid until April 24 – for tsunami relief items on Friday.The government announced a new set of guidelines for duty concessions – valid until April 24 – for tsunami relief items on Friday. However, to protect domestic rice producers that are now harvesting […]
Sri Lanka puts a three month moratorium on short term interest rates
Sri Lanka opts not to tinker with its key short-term interest rates for the next three months as authorities plan to tame galloping inflation during the second half of this year, Treasury Secretary said.Sri Lanka opts not to tinker with its key short-term interest rates for the next three months as authorities plan to tame […]
No Surprises
Commercial Bank of Ceylon retained its AA+ (sri) national rating for its implied long-term unsecured senior debt, from Fitch Ratings Lanka Ltd. Commercial Bank of Ceylon retained its AA+ (sri) national rating for its implied long-term unsecured senior debt, from Fitch Ratings Lanka Ltd. Fitch also affirms the AA (sri) rating assigned to the bank’s […]
Funding Accountability
The World Bank is inviting non-governmental and civil society organisations to apply for grants for social accountability programmes. The World Bank is inviting non-governmental and civil society organisations to apply for grants for social accountability programmes. The World Bank Colombo Office is inviting non-governmental and civil society organizations in Sri Lanka to submit their applications […]