Case Dismissed

Hotelier George L A Ondaatjie compounded his case with the securities watchdog for an alleged insider dealing offence by paying up a Rs. 2 mn fine, the regulator said Friday. Hotelier George L A Ondaatjie compounded his case with the securities watchdog for an alleged insider dealing offence by paying up a Rs. 2 mn […]

Local Options

Sri Lanka can give India a run in the battle for global outsourcing space, with local IT workers staying longer in a single job than their Indian counterparts.Sri Lanka can give India a run in the battle for global outsourcing space, with local IT workers staying longer in a single job than their Indian counterparts. […]

Sri Lankan obsession with doctors, lawyers and engineers telling on labour market

The Sri Lankan obsession with doctors, lawyers and engineers is finally telling on the local labour market. The Sri Lankan obsession with doctors, lawyers and engineers is finally telling on the local labour market. “Parents still educate children with the very narrow view point of making them doctors, lawyers or engineers,” says Kamal Abeysinghe, Treasurer […]

Sri Lanka battles an avalanche of tsunami of aid

Sri Lanka is struggling to cope with a flood of tsunami food aid and has begun distributing perishables even among those unaffected by the disaster, social services minister Sumedha Jayasena said Friday.Sri Lanka is struggling to cope with a flood of tsunami food aid and has begun distributing perishables even among those unaffected by the […]

World population 6.5 billion by July this year, says United Nations Population Fund.

The world’s population will hit 6.5 billion by July this year, says the United Nations Population Fund.The world’s population will hit 6.5 billion by July this year, says the United Nations Population Fund. “The world’s population will reach 6.5 billion by July and, despite lower expected fertility rates, is likely to reach 9.1 billion by […]

The World Bank ups tsunami aid to Sri Lanka by US$ 75 mn to US$ 150 mn.

The World Bank ups tsunami aid to Sri Lanka by US$ 75 mn, taking its total contribution to re-building damaged coastal areas to US$ 150 mn.The World Bank ups tsunami aid to Sri Lanka by US$ 75 mn, taking its total contribution to re-building damaged coastal areas to US$ 150 mn. Donors estimate that Sri […]

Flying Free

With the government delaying picking a second carrier to fly international routes, possible contenders are eyeing alternate options to fly from Sri Lanka.With the government delaying picking a second carrier to fly international routes, possible contenders are eyeing alternate options to fly from Sri Lanka. In April last year, SriLankan Airline’s monopoly on international routes […]

Bogeyman

The LTTE continued recruiting children in 2004 but says it is willing to talk with the United Nations to set up a child recruitment monitoring system.The LTTE continued recruiting children in 2004 but says it is willing to talk with the United Nations to set up a child recruitment monitoring system. The LTTE notified the […]

JVP says will oppose interim administration talks with LTTE

The JVP said on Thursday that it will oppose any move by the government to go for talks on an interim administration with the LTTE.The JVP said on Thursday that it will oppose any move by the government to go for talks on an interim administration with the LTTE. “We will take whatever action necessary […]

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