Author: lbostgadmin
‘s Welcombe Hotel management for a short stint
The Jetwing Group, has taken over the management of ‘The Welcombe Hotel’ in Trincomalee, infusing its own brand of leisure expertise over a two-year period. The Jetwing Group, has taken over the management of ‘The Welcombe Hotel’ in Trincomalee, infusing its own brand of leisure expertise over a two-year period. The Welcombe (named after the […]
Pyramid Protection
Central Bank has asked the Consumer Affairs Ministry to explore how it can use the Consumer Protection Authority Law to protect consumers from mushrooming network marketing pyramid scams.Central Bank has asked the Consumer Affairs Ministry to explore how it can use the Consumer Protection Authority Law to protect consumers from mushrooming network marketing pyramid scams. […]
Shore Leave
ASEAN region’s Shippers will anchor in Singapore this September to thrash out their concerns – toping the list is the disputed Terminal Handling Change (THC). ASEAN region’s Shippers will anchor in Singapore this September to thrash out their concerns – toping the list is the disputed Terminal Handling Change (THC). The Sri Lanka Shippers Association […]
Govt. to borrow over Rs. 50 bn from local debt market
The Central Bank says it will re-issue Rs.7,010 mn worth of two-year treasury bonds and Rs.43,655 mn in treasury bills to the debt market, as part of its borrowing programme for August.The Central Bank says it will re-issue Rs. 7,010 mn worth of two-year treasury bonds and Rs. 43,655 mn in treasury bills to the […]
A top Donor warned the government that aid and investment flows would dry-up if progress is not made in peace talks.
A top Donor warned the government that aid and investment flows would dry-up if progress is not made in peace talks.A top Donor warned the government that aid and investment flows would dry-up if progress is not made in peace talks. Escalating tension between the LTTE and the government has spilt over to killings and […]
The Sri Lankan government will comfort families of migrant workers with therapy sessions.
The Sri Lankan government will comfort families of migrant workers with therapy sessions. The Sri Lankan government will comfort families of migrant workers with therapy sessions. “We want to do counselling for families where mothers have gone abroad,” said Labour & Foreign Employment Minister, Athauda Seneviratne, on Monday. Cabinet, said Seneviratne, sanctioned this move a […]
Trade deficit for May expands on falling apparel earnings and higher oil bill
Sri Lanka’s trade deficit for May expanded, on the back of a heavy oil bill and a drop in apparel sector revenues, the Central Bank said Monday.Sri Lanka’s trade deficit for May expanded, on the back of a heavy oil bill and a drop in apparel sector revenues, the Central Bank said Monday. Trade deficit […]
Responsibilty & Co.
Governments depended on tough legislation and regulation to make sure companies don’t damage the environment or exploit labour. Governments depended on tough legislation and regulation to make sure companies don’t damage the environment or exploit labour. But globalization and the resulting open market economies are bringing the same pressures on companies minus the legal action. […]
Flight Schedule
A US mission is due in August, exploring financing opportunities in civil aviation, after state requests to look at plans for a second runway and upgrade domestic airports.A US mission is due in August, exploring financing opportunities in civil aviation, after state requests to look at plans for a second runway and upgrade domestic airports. […]
Rising yields are forcing market makers in government securities to look for ways of minimising book losses.
Rising yields are forcing market makers in government securities to look for ways of minimising book losses.Rising yields are forcing market makers in government securities to look for ways of minimising book losses. Bond yields have risen by over four percent during the past few months forcing Primary Dealers to mark to market their portfolios […]
The World Bank lends US$ 64.7 mn for agro and community development projects in the North & East.
The World Bank has come forward with a US$ 64.7 mn loan to finance agro and community development projects in the North & East. The World Bank has come forward with a US$ 64.7 mn loan to finance agro and community development projects in the North & East. The funds will be channeled through the […]
India wants 187 items removed from Sri Lanka’s negative list that gives protection to 1,180 items
Sri Lanka and India will meet in mid August for another round of hard bargaining on the Indo-Sri Lanka Free Trade Agreement (ISLFTA).Sri Lanka and India will meet in mid August for another round of hard bargaining on the Indo-Sri Lanka Free Trade Agreement (ISLFTA). The three day meetings starting on August 16 will end […]