Author: lbostgadmin
Norway fails to break the deadlock between the government and the LTTE
Sri Lanka’s peace broker Norway has failed to secure an agreement with Tamil Tiger rebels to resume talks with the Colombo government, President Chandrika Kumaratunga’s office said.Sri Lanka’s peace broker Norway has failed to secure an agreement with Tamil Tiger rebels to resume talks with the Colombo government, President Chandrika Kumaratunga’s office said. Norway’s top […]
Bi-partisan Pyramid
The government strongly condemned pyramid schemes today promising quick cabinet approval to draft anti-pyramiding legislation. The government strongly condemned pyramid schemes today promising quick cabinet approval to draft anti-pyramiding legislation. “This government is warning the public of this country very seriously not to invest in these pyramid schemes,” Finance Minister Dr. Sarath Amunugama told a […]
Stiff Price
Taxpayers will be called up to pay around six billion rupees to train over 40,000 unemployable graduates over a two year period, the government said Wednesday.Taxpayers will be called up to pay around six billion rupees to train over 40,000 unemployable graduates over a two year period, the government said Wednesday. An election promise to […]
Sri Lankan Airlines’ Air Taxi added Ampara and Weerawila to its list of destinations this week with Nuwara Eliya in tow to meet the upcoming winter tourist traffic.
Sri Lankan Airlines’ Air Taxi added Ampara and Weerawila to its list of destinations this week with Nuwara Eliya in tow to meet the upcoming winter tourist traffic. Sri Lankan Airlines’ Air Taxi added Ampara and Weerawila to its list of destinations this week with Nuwara Eliya in tow to meet the upcoming winter tourist […]
‘s Pick
Business magnet Deshamanya Ken Balendra has been appointed as Chairman to head the investment committee of the recently launched private equity fund – Aureos South Asia Fund I.Business magnet Deshamanya Ken Balendra has been appointed as Chairman to head the investment committee of the recently launched private equity fund – Aureos South Asia Fund I. […]
Services Branding
Standing out from the competition, Suzuki’s local agents Motor Marvel launched a 24 hour services center for the brand on Wednesday. Standing out from the competition, Suzuki’s local agents Motor Marvel launched a 24 hour services center for the brand on Wednesday. The Japanese auto corporation’s Chairman and Chief Executive Osamu Suziki dropped in for […]
Finance Minister warns exporters not to hoard their proceeds abroad
Finance Minister Dr. Sarath Amunugama sent out a strong warning to exporters asking them to repatriate their proceeds and help ease the pressure on the rupee. Finance Minister Dr. Sarath Amunugama sent out a strong warning to exporters asking them to repatriate their proceeds and help ease the pressure on the rupee. The Sri Lankan […]
Central Bank mulls floating a US$ 200 mn bond issue
Sri Lanka’s Central Bank said Tuesday that it may float a planned US$ 200-million bond issue later this year or early next year – depending on market conditions.Sri Lanka’s Central Bank said Tuesday that it may float a planned US$ 200-million bond issue later this year or early next year – depending on market conditions. […]
Lack of proper identification at crime scenes, stumps local law enforcement authorities
If you plan to shoot off someone in Sri Lanka, please make a note to leave behind indisputable proof – like an identity card – to help local law enforcement authorities track you down. If you plan to shoot off someone in Sri Lanka, please make a note to leave behind indisputable proof – like […]
In Transition
The state-owned power monopoly is evaluating a proposal by NatWealth Corp.to help restructure nearly Rs. 20.0 bn of its debts. The state-owned power monopoly is evaluating a proposal by NatWealth Corp. to help restructure nearly Rs. 20.0 bn of its debts. The long-term debt stock, carries varying rates of interest between 10 percent to 13 […]
Gas Refill
Gas prices could go up by as much as Rs. 70 a cylinder, as the state withdraws its subsidy and Shell battles it out with the Consumer Affairs Authority.Gas prices could go up by as much as Rs. 70 a cylinder, as the state withdraws its subsidy and Shell battles it out with the Consumer […]
Little Treats
An exclusive lifestyle spa where guests can escape and relieve the stresses of day-to-day life through exercise, relaxation and treatment opened in Colombo last week.An exclusive lifestyle spa where guests can escape and relieve the stresses of day-to-day life through exercise, relaxation and treatment opened in Colombo last week. Nestling in a lush garden, the […]