Author: lbostgadmin
Blast in Sri Lankan capital; no casualties
Police inspect the wreckage of a van after a bomb explosion in the Sri Lankan capital Colombo, 06 October 2005. There were no major casualties in the blast in front of a newspaper office of a moderate Tamil political party. AFP PHOTO/Sena Vidanagama An explosion believed to be caused by a grenade was reported in […]
Politicians littering Colombo and getting public to pay to clean up
Sri Lankan politicians are littering the island’s commercial capital, Colombo and are getting the public to pay to clean up their mess. Sri Lankan politicians are littering the island’s commercial capital, Colombo and are getting the public to pay to clean up their mess. A woman walks past a barricade at the main street leading […]
Tea exports have not caught up with growing production
Sri Lanka’s tea exports have not caught up with its fast growing production this year, with the difference between the two quantities notching up to 27 million kilos, up from an average 10 million kilos in other years. Industry watchers however say the extra teas could be absorbed in the current winter buying.The higher than […]
State departments have 4 weeks to clear a project, or else….
Line agencies have been given four to six weeks to speed up clearances for tourism development projects, in a Cabinet decision passed on Wednesday. Line agencies have been given four to six weeks to speed up clearances for tourism development projects, in a Cabinet decision passed on Wednesday. All ministries and departments have a maximum […]
New owners for former colonial homes
Tropical Pleasure (Pvt) Ltd., a unit of the boutique hotel Elephant Corridor, will splash Rs.350 million to expand into a hotel school and buy up aristocratic homes to house discerning travelers.Tropical Pleasure (Pvt) Ltd., a unit of the boutique hotel Elephant Corridor, will splash Rs. 350 million to expand into a hotel school and buy […]
Hidden Agenda?
A Saudi Arabian investor has sought permission to raise his stakes in Commercial Bank of Ceylon, as key shareholders try to oust the bank’s present Chairman.A Saudi Arabian investor has sought permission to raise his stakes in Commercial Bank of Ceylon, as key shareholders try to oust the bank’s present Chairman. Saudi Arabia’s Euro Gulf […]
‘s import bill for August
Sri Lanka’s never ending thirst for fuel has weighed down the country’s import bill for August, negating export gains from the apparel and rubber industries, the island’s Central Bank said Wednesday.Sri Lanka’s never ending thirst for fuel has weighed down the country’s import bill for August, negating export gains from the apparel and rubber industries, […]
Key Sri Lankan Tamil, Muslim parties back opposition presidential hope
Sri Lanka’s Tamil and Muslim parties, potential kingmakers in next month’s presidential polls, on Wednesday came out in support of the Sinhalese opposition candidate hoping he would end ethnic bloodshed.Sri Lanka’s Tamil and Muslim parties, potential kingmakers in next month’s presidential polls, on Wednesday came out in support of the Sinhalese opposition candidate hoping he […]
Crowded Booth
Industry watchers say up to ten fixed line phone operators could be battling it out for a piece of Sri Lankan telecom market by 2006.Industry watchers say up to ten fixed line phone operators could be battling it out for a piece of Sri Lankan telecom market by 2006. In addition to Suntel, Lanka Bell […]
Change or Die
Chronic diseases are giving heart attacks to low and middle income economies like Sri Lanka, says the World Health Organisation(WHO).Chronic diseases are giving heart attacks to low and middle income economies like Sri Lanka, says the World Health Organisation(WHO). Chronic diseases are the leading cause of death in the world and the death toll is […]
Few Options
Ceylinco Insurance has launched investment linked life plans which will gives policyholders the option of directing where his life funds would be invested.Ceylinco Insurance has launched investment linked life plans which will gives policyholders the option of directing where his life funds would be invested. Ceylinco Shilpa is a child education policy and Ceylinco Retirement […]
Minimum Pay
Sri Lanka has imposed a minimum US$ 150 wage per month for foreign employment, with effect from October 01.Sri Lanka has imposed a minimum US$ 150 wage per month for foreign employment, with effect from October 01. The legislated increase missed two earlier deadlines in January and June 2005 on lobbying from recruitment agencies. The […]