All Blogs
Carrot & Stick
At long last a dedicated institute for higher education in technical subjects has made its way to Cabinet.At long last a dedicated institute for higher education in technical subjects has made its way to Cabinet. “The proposal for the Institute of Technology in Moratuwa is now before Cabinet,” said Secretary to the Ministry of Vocational […]
Weekly Confession
The Sri Lankan government has relaxed its guard over the souls of its citizens and is giving gifts from the public purse to uphold religious belief instead.The Sri Lankan government has relaxed its guard over the souls of its citizens and is giving gifts from the public purse to uphold religious belief instead. On Thursday, […]
Nasty Bug
The government is trying a backdoor move to slip in a clause that classifies local firms, which are 25 percent foreign owned, as non-citizens.The government is trying a backdoor move to slip in a clause that classifies local firms, which are 25 percent foreign owned, as non-citizens. The clause was quietly slipped into the Tax […]
G-Mail
The US Agency for International Development (USAID) has shifted its assistance to top gear infusing US$ 7 mn to be disbursed over a two-year period. The US Agency for International Development (USAID) has shifted its assistance to top gear infusing US$ 7 mn to be disbursed over a two-year period. Projects ranging from human development, […]
The UNP says that millions of World Bank dollars may be lost if the government doesn’t present its own poverty reduction strategy soon.
The main opposition United National Party says that World Bank funds running into millions of dollars may be lost if the government doesn’t come up with its own poverty reduction strategy soon.The main opposition United National Party says that World Bank funds running into millions of dollars may be lost if the government doesn’t come […]
Good Standing
Fitch Ratings Lanka Ltd (FRL) assigns BBB+ (sri) (Triple B plus) national rating for Implied Long-term unsecured Senior Debt of People’s Bank (PB). Fitch Ratings Lanka Ltd (FRL) assigns BBB+ (sri) (Triple B plus) national rating for Implied Long-term unsecured Senior Debt of People’s Bank (PB). BBB+ (sri) long-term rating indicates that there is currently […]
Too Much?
A top audit expert is asking authorities close ownership loopholes on investment trusts, as capital market regulators tighten the noose on auditors and listed companies. A top audit expert is asking authorities close ownership loopholes on investment trusts, as capital market regulators tighten the noose on auditors and listed companies. The requests comes as the […]
Land Grab
The government cancelled 528 land transactions under the Land Reclamation Commission (LRC) on Thursday.The government cancelled 528 land transactions under the Land Reclamation Commission (LRC) on Thursday. All land transactions between January 2002 and March 2004, of State land under the LRC, are cancelled as of now, said the Cabinet spokesman Mangala Samaraweera on Thursday. […]
Light Harvest
Ceylon Tobacco will pilot an effort to harvest energy off trees in a joint dendro power project with Lanka Transformers, due to get off ground in August.Ceylon Tobacco will pilot an effort to harvest energy off trees in a joint dendro power project with Lanka Transformers, due to get off ground in August. The slender […]
The Govt. asked the private sector to cough up Rs. 400 mn to rehabilitate 1,000 reservoirs
The United People’s Freedom Alliance wants the private sector to cough up Rs.400 mn to rehabilitate 1,000 reservoirs as part of a programme for rural development.The United People’s Freedom Alliance wants the private sector to cough up Rs. 400 mn to rehabilitate 1,000 reservoirs as part of a programme for rural development. Speaking to a […]