Different Tune

For the first time in Sri Lanka, two cases of mass scale copyright violations had the book thrown at them this week.For the first time in Sri Lanka, two cases of mass scale copyright violations had the book thrown at them this week. On Wednesday, the Fort magistrate hit two large pirate outlets with fines […]

Round One

Shell Gas Lanka will jack up prices on a 12.5 kilo cylinder by Rs. 94 with effect midnight tonight, following the green light from watchdog the Consumer Affairs Authority.Shell Gas Lanka will jack up prices on a 12.5 kilo cylinder by Rs. 94 with effect midnight tonight, following the green light from watchdog the Consumer […]

‘s Tigers demand stepped up security, warn truce at risk

Tamil Tigers Thursday gave the Sri Lankan authorities two weeks to step up security for rebels travelling through government-held areas, warning a Norwegian-brokered truce was at risk.Tamil Tigers Thursday gave the Sri Lankan authorities two weeks to step up security for rebels travelling through government-held areas, warning a Norwegian-brokered truce was at risk. The rebel […]

Oil prices and political stability could crimp Sri Lanka’s economic growth

Soaring oil prices and political instability could put the breaks on Sri Lanka’s economic performance this year, the country’s Central Bank said Thursday.Soaring oil prices and political instability could put the breaks on Sri Lanka’s economic performance this year, the country’s Central Bank said Thursday. “Macro stability as well as political stability would be crucial […]

Down Play

Sri Lanka’s Census and Statistics Department says the island’s consumer in June 2005, saved a total just over the minimum bus fare for a single journy.Sri Lanka’s Census and Statistics Department says the island’s consumer in June 2005, saved a total just over the minimum bus fare for a single journy. The Colombo Consumers’ Price […]

Term Report

The government will miss the June 30 deadline to put out a mid year fiscal position report, as per its obligations in the Fiscal Management Act passed in 2003.The government will miss the June 30 deadline to put out a mid year fiscal position report, as per its obligations in the Fiscal Management Act passed […]

New Ideas

The World Bank said Thursday that it will give Sri Lanka’s crisis ridden education sector a US$ 60 mn grant this year, padding up the state education spend..The World Bank said Thursday that it will give Sri Lanka’s crisis ridden education sector a US$ 60 mn grant this year, padding up the state education spend.. […]

Chips Anyone

Chipmaker Intel says it is helping local PC assemblers put together laptop computers and improve assembly standards.Chipmaker Intel says it is helping local PC assemblers put together laptop computers and improve assembly standards. Intel officials say growth in mobile computing is higher than desktop PCs in both technologically advanced and developing countries. Low PC penetration […]

Going Nowhere

Lending agency loans, for electricity sector reforms in Sri Lanka, expire this week but reforms talks between government and trade unions are still deadlocked.Lending agency loans, for electricity sector reforms in Sri Lanka, expire this week but reforms talks between government and trade unions are still deadlocked. A Rs 3 bn loan from the Japan […]

‘s economic growth

Soaring oil prices and political instability could put the breaks on Sri Lanka’s economic performance this year, the country’s Central Bank said Thursday.Soaring oil prices and political instability could put the breaks on Sri Lanka’s economic performance this year, the country’s Central Bank said Thursday. “Macro stability as well as political stability would be crucial […]

Suspected rebels kill three Sri Lankan troops in gunbattle

Suspected Tamil Tiger rebels killed three soldiers from a military intelligence unit in a gunbattle in eastern Sri Lanka on Thursday, the defence ministry said.Suspected Tamil Tiger rebels killed three soldiers from a military intelligence unit in a gunbattle in eastern Sri Lanka on Thursday, the defence ministry said. The rebels attacked the three men […]

Sri Lanka posts 4.8% post tsunami growth

Sri Lanka’s economy in the first quarter of 2005 grew 4.8 percent in the immediate aftermath of the December tsunami that destroyed most of the island’s costal infrastructure. Sri Lanka’s economy in the first quarter of 2005 grew 4.8 percent in the immediate aftermath of the December tsunami that destroyed most of the island’s costal […]

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