All Blogs
Meeting of Minds
Two world leaders in the field of international accounting standards will be in Sri Lanka next week for a top level regional meeting to be hosted by the Institute of Chartered Accountants of Sri Lanka (ICASL), the country’s apex national accountancy body.Two world leaders in the field of international accounting standards will be in Sri […]
Rs 6 bn fertiliser subsidy to be replaced by more farmer-friendly subsidy
The Ministry of Agriculture says it will cancel the current Rs 6 bn fertiliser subsidy for a more farmer-friendly subsidy scheme this year. The Ministry of Agriculture says it will cancel the current Rs 6 bn fertiliser subsidy for a more farmer-friendly subsidy scheme this year. “The government spends Rs 6 bn on fertiliser subsidy. […]
The EU fields a team to tsunami hit Asia to decide how € 350 mn should be spent.
The European Commission will field a team to tsunami hit Indonesia and Sri Lanka today, to best decide how to spend € 350 mn for reconstruction work.The European Commission will field a team to tsunami hit Indonesia and Sri Lanka today, to best decide how to spend € 350 mn for reconstruction work. The team […]
Compensation formula for termination of employees in March
A new compensation formula for termination of employees will come into force in March, says the Labour Ministry.A new compensation formula for termination of employees will come into force in March, says the Labour Ministry. “It will be gazetted most probably in two weeks time.The formula was approved by Cabinet and it is now at […]
Tourism authorities consider revising 2005 targets as tourist arrivals dry up
Tourist flows to the tsunami struck Paradise Isle are drying up and the tourism authorities are considering revising 2005 targets.Tourist flows to the tsunami struck Paradise Isle are drying up and the tourism authorities are considering revising 2005 targets. January is normally part of the winter tourism peak but January 2005 saw only 38,000 visitors […]
Tea for tourists and sympathy for tsunami survivors in Sri Lanka
The Asian tsunamis washed away much of what drew foreigners to Sri Lanka’s beaches, but a coastal tea plantation reputed for making the world’s most expensive tea has survived to become an oasis for tourists. The usual attractions — turtle hatcheries, marine museums, souvenir shops and fishermen on stilts — vanished in the December 26 […]
Strange Economy
The IMF outgoing resident representative Jeremy Carter says Sri Lanka’s macro economic challenges are little changed from a decade ago when he started to analyze the Lankan economy.The IMF outgoing resident representative Jeremy Carter says Sri Lanka’s macro economic challenges are little changed from a decade ago when he started to analyze the Lankan economy. […]
Eye Opener
A group of experts say tsunami has presented a window of opportunity to develop an all hazard warning system for the country.A group of experts say tsunami has presented a window of opportunity to develop an all hazard warning system for the country. Every year people die due to a range of natural hazards from […]
Digital Ads
Digital technologies are both an opportunity and a threat for the industry according to experts who spoke at the 2nd LBR/LBO advertising and marketing forum.Digital technologies are both an opportunity and a threat for the industry according to experts who spoke at the 2nd LBR/LBO advertising and marketing forum. Some digital media like the Internet […]
Political Gas
Legislators included an outdated provision from the old Fair Trade Commission law when a new Act for consumer protection was passed a couple of years ago. Legislators included an outdated provision from the old Fair Trade Commission law when a new Act for consumer protection was passed a couple of years ago. Government is now […]