Author: lbostgadmin
Appointment of new Sri Lankan cabinet delayed
Sri Lanka’s new president delayed swearing in his cabinet Tuesday because of heavy rains, a government spokesman said, although political sources blamed it on wrangling for top jobs.Sri Lanka’s new president delayed swearing in his cabinet Tuesday because of heavy rains, a government spokesman said, although political sources blamed it on wrangling for top jobs. […]
‘s new government to continue emergency rule
Sri Lanka’s new government will maintain a state of emergency and the national parliament will be asked to ratify the tough laws, officials said.Sri Lanka’s new government will maintain a state of emergency and the national parliament will be asked to ratify the tough laws, officials said. President Mahinda Rajapakse, who was sworn in Saturday […]
Practical Problems
The World Trade Organisation (WTO) says patents won’t block access to cheap medicines but local experts are not convinced.The World Trade Organisation (WTO) says patents won’t block access to cheap medicines but local experts are not convinced. “A certain amount of confusion exists about the TRIPS Agreement’s provisions and compulsory licensing for medicines,” said a […]
Target Training
ADB will help develop more highly skilled workers in Sri Lanka through a new US million loan to improve technical education and vocational training (TEVT) in the country.ADB will help develop more highly skilled workers in Sri Lanka through a new US$20 million loan to improve technical education and vocational training (TEVT) in the country. […]
Intro List
The Ceylinco group’s Seylan Merchant Leasing Limited will list 10 million ordinary shares by way of an introduction.The Ceylinco group’s Seylan Merchant Leasing Limited will list 10 million ordinary shares by way of an introduction. The Colombo Stock Exchange on Tuesday said it approved the listing of the Rs.10.00 shares on the secondary board. “The […]
Sri Lankan shares tumble after hawkish PM named
Sri Lanka’s stock market plunged Monday as the new president appointed a hawkish prime minister, raising concern that the country could resume its vicious ethnic war after a nearly four-year ceasefire.Sri Lanka’s stock market plunged Monday as the new president appointed a hawkish prime minister, raising concern that the country could resume its vicious ethnic […]
Sri Lanka get hawkish PM
Sri Lanka’s new president Monday appointed a hard-line nationalist as his prime minister, but delayed naming a new cabinet of ministers, a government spokesman said. Sri Lanka’s new president Monday appointed a hard-line nationalist as his prime minister, but delayed naming a new cabinet of ministers, a government spokesman said. Rajapakse, 60, who was sworn […]
Sri Lanka gets make-love Prime Minister, again
Sri Lanka’s flamboyant new Prime Minister carries a war general label, but he also touts one of the most fertile plans to bring peace to the fractured island — make more babies.Sri Lanka’s flamboyant new Prime Minister carries a war general label, but he also touts one of the most fertile plans to bring peace […]
Tamils wary of new Sri Lankan president
KILINOCHCHI, Sri Lanka – For Tamils erecting lifesized posters to mark the forthcoming Heroes’ Day, when Tiger rebels remember their fallen, the election of Mahinda Rajapakse as new Sri Lankan president is a matter of concern.KILINOCHCHI, Sri Lanka – For Tamils erecting lifesized posters to mark the forthcoming Heroes’ Day, when Tiger rebels remember their […]
Going Three
3G mobile licenses could be on auction as early as first quarter 2006, with a telco watchdog proposed licensing plan currently up for discussion. 3G mobile licenses could be on auction as early as first quarter 2006, with a telco watchdog proposed licensing plan currently up for discussion. The 3G consultancy paper identifies up to […]
High Seas
Cost of trade with the west could rise further with shipping cartels plying the Asia-Europe routs tipped to mark up freight rates from December 2006.Cost of trade with the west could rise further with shipping cartels plying the Asia-Europe routs tipped to mark up freight rates from December 2006. The Karmahom Conference, a cartel of […]
First Salvo
Shell Gas is to jack up rates of domestic gas by Rs.57.00 from Monday, on the heels of a court ruling last week that allows the company to peg rates to global prices.Shell Gas is to jack up rates of domestic gas by Rs. 57.00 from Monday, on the heels of a court ruling last […]