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Call Waiting
The ICT Agency on Friday said it has suspended its regional telecom network licensing process as per Tuesday’s court injunction taken out by the seven network operators.The ICT Agency on Friday said it has suspended its regional telecom network licensing process as per Tuesday’s court injunction taken out by the seven network operators. Network operators […]
Oil Troubles
Volatile global oil prices could force the government into a funding squeeze in months, as it tries to pay a growing import bill while refusing to raise local prices.Volatile global oil prices could force the government into a funding squeeze in months, as it tries to pay a growing import bill while refusing to raise […]
A top ADB meeting opens Friday, amidst reports that Sri Lanka, India and the Maldives are short of US$ 1.2 bn in aid.
A top meeting of donors opened in Manila today to review the progress of tsunami reconstruction, amidst reports that India, Maldives and Sri Lanka still need US$ 1.2 bn in added funding. A top meeting of donors opened in Manila today to review the progress of tsunami reconstruction, amidst reports that India, Maldives and Sri […]
Easy Justice
Mobile legal clinics will travel out to tsunami ravaged areas, dishing out free legal advice for all families who lost vital personal papers in the floods. Mobile legal clinics will travel out to tsunami ravaged areas, dishing out free legal advice for all families who lost vital personal papers in the floods. The clinics will […]
Central Bank kept its key short-term interest rates unchanged to tame inflation
The Central Bank kept its key short-term interest rates unchanged at its monthly monetary policy meeting, in line with a treasury decision earlier in March to control inflation in the second half of 2005.The Central Bank kept its key short-term interest rates unchanged at its monthly monetary policy meeting, in line with a treasury decision […]
Going Steady
The Central Bank on Wednesday said it will actively absorb liquidity from the financial markets to curb inflation in the coming months.The Central Bank on Wednesday said it will actively absorb liquidity from the financial markets to curb inflation in the coming months. The bank however left its key short term interest rate unchanged for […]
UK based Global Towers opens its flagship hotel on the coast, but says buffer zone could hold up Rs. 1.5 bn in new investment.
UK based entrepreneurs Global Lanka Holdings opened its flagship hotel in the heart of the city, but says the new 100 m buffer zone could hold up Rs.1.5 bn in future investment. UK based entrepreneurs Global Lanka Holdings opened its flagship hotel in the heart of the city, but says the new 100 m buffer […]
Wrong Doing
The Asian Human Rights Commission (AHRC) is urging the government to come up with alternatives for tsunami victims living in increasingly unbearable conditions in temporary shelters. The Asian Human Rights Commission (AHRC) is urging the government to come up with alternatives for tsunami victims living in increasingly unbearable conditions in temporary shelters. The Hong Kong […]
Disaster preparedness: Nanny State or respect for citizen choice?
One of the more interesting exchanges of the video news conference on a national all-hazards warning system for Sri Lanka held on the 10th of February was off the subject: a journalist asked the international participants (video linked from Hilo, Hawai’i and Vancouver, Canada) whether there were uniform 100 or 200 meter no-building zones in […]
Tourist arrivals in Feb slump 16 percent over last year, though emerging markets grow.
Tourist arrivals in February saw a 16 percent slump over last year at 36,000, as visiting relief workers go home and holiday makers’ trickle back.Tourist arrivals in February saw a 16 percent slump over last year at 36,000, as visiting relief workers go home and holiday makers’ trickle back. India continued to drive the numbers […]