Author: lbostgadmin
Donors postpone talks with Sri Lankan rebels ahead of aid-sharing deal
International donors said Thursday they had postponed a meeting with Sri Lanka’s Tamil Tiger rebels amid moves by Colombo to enter into a controversial aid-sharing deal with the guerrillas.International donors said Thursday they had postponed a meeting with Sri Lanka’s Tamil Tiger rebels amid moves by Colombo to enter into a controversial aid-sharing deal with […]
Temasek Holdings fund manager to share tips with local financial community
A fund manager working for a top Asian investment fund would be in Sri Lanka to share and train local financial positions on risk management. A fund manager working for a top Asian investment fund would be in Sri Lanka to share and train local financial positions on risk management. David Belmont Managing Director and […]
President India
03/06/2005 1. Her Excellency, Mrs. Chandrika Bandaranaike Kumaratunga, President of Sri Lanka, paid a working visit to India from June 2-4, 2005. 03/06/2005 1. Her Excellency, Mrs. Chandrika Bandaranaike Kumaratunga, President of Sri Lanka, paid a working visit to India from June 2-4, 2005. 2. The President of Sri Lanka held cordial, wide-ranging discussions with […]
Call Charge
COLOMBO (Dow Jones)–Distilleries Co.of Sri Lanka (DIST.SL) said Friday it will pay million to acquire local fixed-line operator Lanka Bell Ltd. COLOMBO (Dow Jones)–Distilleries Co. of Sri Lanka (DIST.SL) said Friday it will pay million to acquire local fixed-line operator Lanka Bell Ltd.“The acquisition may take about a month to complete. We will start the […]
Engaged Tone
Distilleries Company of Sri Lanka Group on Thursday signed a share purchase agreement with Lanka Bell to buy 76 percent of the telco.Distilleries Company of Sri Lanka Group on Thursday signed a share purchase agreement with Lanka Bell to buy 76 percent of the telco. The deal will go through Milford Holdings (Pvt) Ltd – […]
Illegal Quest
GoldQuest, the controversial network marketing scheme, is now illegal in Sri Lanka after its scam drained US$ 15 million in foreign exchange from the country, the Central Bank said Friday.GoldQuest, the controversial network marketing scheme, is now illegal in Sri Lanka after its scam drained US$ 15 million in foreign exchange from the country, the […]
Waiting Game
Sri Lanka and India said Friday that they had agreed to ink a new economic pact aimed at boosting free trade by end 2005, one-year later than originally planned.Sri Lanka and India said Friday that they had agreed to ink a new economic pact aimed at boosting free trade by end 2005, one-year later than […]
Word War
Sri Lanka’s truce monitors this week declared that the ceasefire was “not currently in danger” despite fears of war raised by peace broker Norway, financial backer Japan and the two main protagonists themselves.Sri Lanka’s truce monitors this week declared that the ceasefire was “not currently in danger” despite fears of war raised by peace broker […]
World Bank facilitating access to information in Sri Lanka
Access to information increases economic growth and reduces corruption says the World Bank Institute.Access to information increases economic growth and reduces corruption says the World Bank Institute. The World Bank Institute (WBI) – part of the World Bank group – says that in countries where governments release information to the public, DGP growth is higher. […]
‘s president in India for talks likely to focus on Tamil rebels
NEW DELHI, June 2 (AFP) – Sri Lanka’s president arrived here Thursday for talks with Indian leaders that are expected to cover Colombo’s plans to strike a controversial tsunami aid-sharing deal with Tamil rebels banned in India.NEW DELHI, June 2 (AFP) – Sri Lanka’s president arrived here Thursday for talks with Indian leaders that are […]
Pre-emptive Action
The World Intellectual Property Organization (WIPO) says its time intellectual property rights protection extended further into the Internet.The World Intellectual Property Organization (WIPO) says its time intellectual property rights protection extended further into the Internet. WIPO is recommending “a uniform intellectual property (IP) protection mechanism” to control illegal domain name registrations in any new generic […]
Borrowing Time
Sri Lanka Telecom and the industry watchdog will make further submissions in the District Courts in mid-June to defend the incumbent fixed line operator’s last tariff hike.Sri Lanka Telecom and the industry watchdog will make further submissions in the District Courts in mid-June to defend the incumbent fixed line operator’s last tariff hike. The Court […]