Inflation Checker
The Monetary Board raised short term interest rates by 25 basis points for May and opted to pursue open market operations more aggressively to curb spiralling …
Rates Raised
The Monetary Board raised its short term interest rates by 25 basis points and opted to pursue open market operations more aggressively to curb spiralling …
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Insurance costs will go up by one third for Sri Lankan hotels, as insurance companies factor tsunami risk into future insurance coverage. online pharmacy …
World Bank Vice President Praful Patel leads Bank team for aid meet
Vice President of the World Bank Praful Patel will lead the Bank team to Sri Lanka’s aid meet starting Monday, with poverty reduction goals firmly on the …
US agrees to defer US$ 40 mn in Sri Lanka’s debt, repayable over 4 years
The United States will defer US$ 40 mn in Sri Lanka’s debt for one year, on condition the savings are routed for tsunami relief in affected coastal regions …
Pledges not the issue, getting the money is
The donor parley meeting in Kandy on May 16-17 will be sweet talked to cough up the remainder of the US$ 2 bn in aid pledged in the aftermath of the December …
Law to revamp Tourist Board with private sector seats, may get Parliament nod
New laws to revamp the Tourist Board and get the private sector involved in spending marketing dollars, may get the Parliament go-ahead next week, despite …
Medical Failure
The Asian Human Rights Commission has pulled up three cases of gross medical negligence in local hospitals in the past two weeks alone, saying victims have no …
Off the Hook
Fixed line telecom operators will see a drop in their costs per line with rollout of their new CDMA networks. online pharmacy buy diflucan with best prices …
Religious minorities under threat in Sri Lanka: UN official
A top United Nations official Thursday warned that religious minorities in the predominantly Buddhist Sri Lanka could be persecuted under proposed laws aimed …
Sri Lanka says no return to war as donors fear for peace process
Sri Lanka vowed Thursday the country would not return to war despite a deadlock in peace talks and failure to strike a deal with Tamil rebels on tsunami relief …
Stock Exchange to open doors for five new members
The Colombo Stock Exchange is drawing up plans to admit at least five new members, but this time prospective applicants may have to bid for a license. online …
Carrot and Stick
Inland Revenue is finalising procedures to issue Gold and Silver cards to reward good tax payers. buy cymbalta online …
Home Loans
First Ratings Tuesday gave HDFC Bank’s housing loan securitization trust an AA- (sri) rating for its capacity to meet interest payments and principal …
US boost for Sri Lanka’s tsunami-hit tourism industry
Sri Lanka will spend 7.3 million dollars to woo high-spending holiday makers from Europe and neighbouring India to fill hotel rooms left empty after the …
Private donors pledge over half of US$ 2 bn in tsunami aid
The World Bank says over half of US$ 2 bn in tsunami aid pledges are from private donors, but warns better co-ordination is needed among aid agencies and 200 …
Trade talks for controls on food aid can hurt aid dependent Sri Lanka
World trade talks on agriculture trade can reduce food aid to countries like Sri Lanka, warns the United Nations. online pharmacy buy ciprodex with best prices …
Small Mercy
While applauding a Maldivian government decision to grant an amnesty to a cyberdissident, Reporters Without Borders (RSF) has called for the release of two …
One Down
The District Court vacated one of the three injunctions issued against the ICT Agency’s rural telecom licensing process Tuesday. online pharmacy buy spiriva …
Wrong Number
Net revenues from international telecom services are dropping- one of the unseen downside effects of liberalizing the international voice market. online …