‘s co-chairs of peace gather in two weeks for extraordinary meeting

Peacebroker Norway said Wednesday that Sri Lanka’s government and Tamil Tiger rebels will be invited to meet soon at the international airport to review their troubled truce, after weeks of haggling over a venue.Peacebroker Norway said Wednesday that Sri Lanka’s government and Tamil Tiger rebels will be invited to meet soon at the international airport […]

New Number

Hutchison will add over 212 new base stations to increase coverage and add some 500,000 more lines to its line capacity.Hutchison will add over 212 new base stations to increase coverage and add some 500,000 more lines to its line capacity. Investment for the expansion was not disclosed, but official said the deal was being […]

Connaissance livens up its image

Hotel chain Connaissance will plough in Rs.600 mn to liven up a tired image, re-branding its resorts and spas to lure high spending travellers to its ‘Amaya’ retreats.Hotel chain Connaissance will plough in Rs. 600 mn to liven up a tired image, re-branding its resorts and spas to lure high spending travellers to its ‘Amaya’ […]

Banker’s Bank

Commercial Bank picked up its fifth consecutive Bank of the Year award given out by British magazine “The Banker”.Commercial Bank picked up its fifth consecutive Bank of the Year award given out by British magazine “The Banker”. A Commercial Bank statement on Wednesday said the magazine’s annual ratings, published in its September 2005 issue, followed […]

‘s private debt

Seylan Merchant Bank says it hopes to have some 1000 debt trading accounts active by end September, to trade in the CSE’s debt trading system.Seylan Merchant Bank says it hopes to have some 1000 debt trading accounts active by end September, to trade in the CSE’s debt trading system. The DEX initially limited to govt., […]

Sri Lanka to support food aid flexibility at international trade talks.

Sri Lanka to support food aid flexibility at international trade talks, against looming agriculture subsidy reduction shocks.Sri Lanka to support food aid flexibility at international trade talks, against looming agriculture subsidy reduction shocks. With impending cuts on export subsidies due to increase food prices and food aid also under threat, Sri Lanka is putting its […]

Dead Duck

The World Health Organisation has urged Sri Lanka to draw up its battle plan for avian flu, as migratory birds’ stop over in South and South East Asia each September.The World Health Organisation has urged Sri Lanka to draw up its battle plan for avian flu, as migratory birds’ stop over in South and South […]

Marxists back Sri Lanka PM for presidency, say he agrees to redraft truce

Sri Lanka’s influential Marxist party said Monday it would support Prime Minister Mahinda Rajapakse for the presidency after he promised to drop plans for a federal state, redraft a truce with Tamil Tiger rebels and scrap privatisation. Sri Lanka’s influential Marxist party said Monday it would support Prime Minister Mahinda Rajapakse for the presidency after […]

Presidential Poll -2005

The Policy – agreement entered between the presidential candidate, Hon.Mahinda Rajapakse the Prime Minister and the Peoples Liberation Front (JVP) for the presidential poll 2005 The Policy – agreement entered between the presidential candidate, Hon. Mahinda Rajapakse the Prime Minister and the Peoples Liberation Front (JVP) for the presidential poll 2005 1 It is hereby […]

Pot Hole Ahead

George Bush is at fault I guarantee that the Mahinda Rajapakse (and perhaps Wimal Weerawansa) campaign will come up with some colourful economics arguments blaming everyone but themselves for the economic mess we are in today with inflation running almost at 15% as opposed to 1% in March 2004. George Bush is at fault I […]

Baggage Transfer

National carrier SriLankan Airlines will slap on another US$ 30 to US$ 50 surcharge on tickets from September 15, as surging jet fuel prices threatens to erode profits this year.National carrier SriLankan Airlines will slap on another US$ 30 to US$ 50 surcharge on tickets from September 15, as surging jet fuel prices threatens to […]

Emergency Call?

Top regional telcos are showing a keen interest in acquiring a controlling stake in Sri Lanka Telecom (SLT) have been joined by two local conglomerates but government is unlikely to make any decision on a sale till elections are over.Top regional telcos are showing a keen interest in acquiring a controlling stake in Sri Lanka […]

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