Author: lbostgadmin
Warm Up
Banks have to do dummy runs in calculating their credit and operational risk according to a roadmap on the implementation of new minimum capital rules agreed to with the financial sector regulator.Banks have to do dummy runs in calculating their credit and operational risk according to a roadmap on the implementation of new minimum capital […]
‘re Watching
The Sethusamudram canal set to be operational from 2008 will give a continuous navigable route around the Indian peninsular linking the west coast of India with its east. The Sethusamudram canal set to be operational from 2008 will give a continuous navigable route around the Indian peninsular linking the west coast of India with its […]
Jump In
Top Indian banker and one of the most influential business people in the world according to Fortune magazine and the Wall Street Journal, Naina Kidwai, says the type of investment flows are a good indication about the level of confidence in coalition governments.Top Indian banker and one of the most influential business people in the […]
Government getting closer to wrap up deal to sell Colombo Commercial Company property
Government is trying to close the deal on the sale of the Colombo Commercial Company property facing the Beira Lake, to take advantage of upfront payments from investors in addition to annual lease payments.Government is trying to close the deal on the sale of the Colombo Commercial Company property facing the Beira Lake, to take […]
Government thinking of giving tsunami victims money to buy land
Sri Lanka government says it is thinking of giving tsunami victims money to buy land to rebuild their homes, eight months after the tsunami.Sri Lanka government says it is thinking of giving tsunami victims money to buy land to rebuild their homes, eight months after the tsunami. Sri Lanka’s central tsunami reconstruction agency TAFREN said […]
Free Passage
A Sri Lankan court has freed 21 men who were accused of involvement in the 1993 assassination of president Ranasinghe Premadasa, the state attorney general’s department said Thursday. A Sri Lankan court has freed 21 men who were accused of involvement in the 1993 assassination of president Ranasinghe Premadasa, the state attorney general’s department said […]
Cure Thyself
The Asian Human Rights Commission (AHRC), a non governmental organisation, accuses Sri Lanka’s public heath service of medical negligence. The Asian Human Rights Commission (AHRC), a non governmental organisation, accuses Sri Lanka’s public heath service of medical negligence. The AHRC says the recent spate of meningitis in Sri Lanka is a case of medical negligence […]
Government-LTTE stuck on a venue
The Sri Lankan government’s spokesperson said on Thursday, that holding talks with the LTTE in a foreign country, was “not acceptable,” but that a new venue for talks will be decided after the President returns to the island.The Sri Lankan government’s spokesperson said on Thursday, that holding talks with the LTTE in a foreign country, […]
Subtle Pressure
Lanka IOC, a unit of Indian Oil Corp., has quietly slipped the brakes on its expansion drive, as the Sri Lankan government owes US$ 60 million todate by way of fuel subsidies, a top official said Thursday.Lanka IOC, a unit of Indian Oil Corp., has quietly slipped the brakes on its expansion drive, as the […]
Women at Work
With more women going abroad to work, the UN says governments must raise awareness about rights of migrant women workers.With more women going abroad to work, the UN says governments must raise awareness about rights of migrant women workers. “States should more systematically put in place targeted prevention measures, including comprehensive awareness-raising initiatives, to educate […]
Seventh Edition
The Colombo International Book Fair (CIBF), Sri Lanka’s most patronised public exhibition, opens at the BMICH on September 10 with a record 382 stalls, and a host of special events and features that organisers say will set new standards for exhibitions in this country. The Colombo International Book Fair (CIBF), Sri Lanka’s most patronised public […]
‘s tea market
India has called for duty free access for its teas into Sri Lanka under the latest round of CEPA talks that concluded in end August. A weekly Asia Siyaka Commodities report said India is asking for duty free access for green and black teas in three kilos and larger pack sizes. The Siyaka report said […]