Author: lbostgadmin
Sleaze-o-Meter
Sleaze watchdog Transparency International says it is concerned about aid flows into Sri Lanka, with the country more corrupt than last year and little political effort to spruce up its act.Sleaze watchdog Transparency International says it is concerned about aid flows into Sri Lanka, with the country more corrupt than last year and little political […]
‘t Me
A Sri Lankan airforce spy plane crashed inside rebel-held territory in the island’s north Wednesday, military sources said. A Sri Lankan airforce spy plane crashed inside rebel-held territory in the island’s north Wednesday, military sources said. The operators lost control over the Unmanned Aerial Vehicle (UAV) while on a mission over territory held by the […]
China Calls
China’s ZTE Corporation clinched a Rs.1.5 billion deal to deploy a low cost wireless technology system for Sri Lanka Telecom.China’s ZTE Corporation clinched a Rs. 1.5 billion deal to deploy a low cost wireless technology system for Sri Lanka Telecom. CDMA or code division multiple access, is a cheaper form of mobile technology that is […]
New laws to revamp the Tourist Board gets Parliament nod
After two years on the shelf, a new law to revamp the Tourist Board was passed in Parliament on Tuesday, with reforms to kick in over the next few weeks.After two years on the shelf, a new law to revamp the Tourist Board was passed in Parliament on Tuesday, with reforms to kick in over […]
Beyond Borders
KURUNEGALA – Failed asylum seekers living on in the United Kingdom and Europe are flocking back home to Sri Lanka, as London gets tough on illegal immigrants. KURUNEGALA – Failed asylum seekers living on in the United Kingdom and Europe are flocking back home to Sri Lanka, as London gets tough on illegal immigrants. Asylum […]
Treasury Secretary optimistic of 6% GDP this year
Treasury Secretary says GDP growth will surpass six percent this year but independent economists give sharply lower forecasts.Treasury Secretary says GDP growth will surpass six percent this year but independent economists give sharply lower forecasts. Dr P. B. Jayasundera says higher tourism earnings and a better performance from agriculture will help the economy post high […]
Good Boy
The Asian share of the global environmental services is still small but its growth rate is picking up The Asian share of the global environmental services is still small but its growth rate is picking up Meanwhile rising oil prices is also creating a demand for energy efficient technologies. But this will not happen if […]
Freak Accident
An Indonesian woman passenger was killed and six injured Sunday in a freak accident while disembarking from an SriLankan airlines aircraft at the island’s only international airport, a spokesman said.An Indonesian woman passenger was killed and six injured Sunday in a freak accident while disembarking from an SriLankan airlines aircraft at the island’s only international […]
Seylan Bank Asset Management sells government bonds online
Seylan Bank Asset Management Ltd.launched a web site becoming the first primary dealer to sell government securities online, last week. Seylan Bank Asset Management Ltd. launched a web site becoming the first primary dealer to sell government securities online, last week. Speaking at the launch Ceylinco Chairman Lalith Kotelawala requested the Central Bank for more […]
Groovy Tunes
Sri Lanka Telecom plans to roll out its fixed-line CDMA network by the end of the month and test delivery of services such as on-demand video on its copper-line network this year, a company official said Friday.Sri Lanka Telecom plans to roll out its fixed-line CDMA network by the end of the month and test […]
Vanishing Lines
Ending nine months of intense debate, Sri Lanka has relaxed construction limits along the island’s tsunami ravaged coastline with immediate effect, the government said Friday.Ending nine months of intense debate, Sri Lanka has relaxed construction limits along the island’s tsunami ravaged coastline with immediate effect, the government said Friday. The 100-200 meter buffer zone has […]
Ceylon Index
A new index fund hopes to capture the gains of Asia’s best performing bourse, with a top ten stock index that accounts for over half of market capitalisation in the local exchange.A new index fund hopes to capture the gains of Asia’s best performing bourse, with a top ten stock index that accounts for over […]