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Poor Health
Prevention, they say, is better than cure – it is also a lot cheaper, as Sri Lanka’s cash starved health authorities have finally worked out.Prevention, they say, is better than cure – it is also a lot cheaper, as Sri Lanka’s cash starved health authorities have finally worked out. On Tuesday the Ministry of Health […]
Head Count
Sri Lanka will take a headcount of its IT professionals to help match supply with private sector demand for the trained personnel.Sri Lanka will take a headcount of its IT professionals to help match supply with private sector demand for the trained personnel. The census is part of a US$ 12,000 study to help policy […]
New Extensions
Wireless local loop operator Lanka Bell is splashing US$ 500,000 in internal funds for network expansion in 2005.Wireless local loop operator Lanka Bell is splashing US$ 500,000 in internal funds for network expansion in 2005. Suppliers, US based Airspan Networks on Monday said Lanka Bell will use the equipment to expand its existing Proximity-based fixed […]
Deadlock in peace talks compounds Sri Lanka’s economic woes
The latest failed attempt to revive peace talks is bad news for Sri Lanka’s economy, already in trouble from high inflation, a foreign exchange crisis and a falling rupee.The latest failed attempt to revive peace talks is bad news for Sri Lanka’s economy, already in trouble from high inflation, a foreign exchange crisis and a […]
Bitter Battles
Depositors of the failed Pramuka Bank have demanded Rs.6 bn in damages from its regulator, Sri Lanka’s Central Bank.Depositors of the failed Pramuka Bank have demanded Rs. 6 bn in damages from its regulator, Sri Lanka’s Central Bank. “We sent out letters of demand to the Monetary Board asking for damages up to Rs. 6 […]
Wait Up
Sri Lanka’s domestic banks are still far from coming to grips with modern risk management techniques, though branches of foreign banks were coping better, a survey that was out in November, has revealed.Sri Lanka’s domestic banks are still far from coming to grips with modern risk management techniques, though branches of foreign banks were coping […]
Password Protected
The ICT Agency will draft a set of high level policy documents to govern the roll out of citizen services and collective information resources.The ICT Agency will draft a set of high level policy documents to govern the roll out of citizen services and collective information resources. First in the list, an information security policy […]
‘s economic woes
The latest failed attempt to revive peace talks is bad news for Sri Lanka’s economy, already in trouble from high inflation, a foreign exchange crisis and a falling rupee.The latest failed attempt to revive peace talks is bad news for Sri Lanka’s economy, already in trouble from high inflation, a foreign exchange crisis and a […]
Finance Minister Sarath Amunugama says, the rising budget deficit forced the government to print money
Central Bank this week started to raise rates to stop rising inflation, caused by the government printing money. Central Bank this week started to raise rates to stop rising inflation, caused by the government printing money. But Finance Minister Sarath Amunugama says, the rising budget deficit forced the government to print money, and will attempt […]
Taxing Max
Tax experts say that government’s ad hoc changes to taxes outside the budget harms the stability of the fiscal environment. Tax experts say that government’s ad hoc changes to taxes outside the budget harms the stability of the fiscal environment. They also believe that the Economic Service Charge has not looked positive on a cross […]