Category:
Road Rehab
Inadequate funds to maintain Sri Lanka’s roads means all 15,000 km of provincial roads now need to be torn up and re-laid, with other highways under threat.Inadequate funds to maintain Sri Lanka’s roads means all 15,000 km of provincial roads now need to be torn up and re-laid, with other highways under threat. The Road […]
Leap Year
Philautus Asankai, a powder-blue mountain frog, a new species discovered from Sri Lanka’s central highlands. (AFP) Conservationists in Sri Lanka, the world’s top spot for frogs, have discovered 35 new species of the amphibians — only to find that another 19 species have died out. Philautus Asankai, a powder-blue mountain frog, a new species discovered […]
Tasty Legs
Sri Lanka could leap into the lucrative frog legs business as 35 new species of the amphibians have been found in the island which is already the world’s number one hot spot for frogs.There are no known exports of frog legs from Sri Lanka , but the latest findings of the Wildlife Heritage Trust should […]
Big CRIB
Sri Lanka’s Credit Information Bureau (CRIB) is to expand its services to include factoring, non-bank and non-financial providers of credit, officials said Wednesday.Sri Lanka’s Credit Information Bureau (CRIB) is to expand its services to include factoring, non-bank and non-financial providers of credit, officials said Wednesday. Presently, CRIB maintains credit records for banks and finance companies, […]
Agriculture support services makeup over half of rural GDP
An ADB/World Bank study has found that agriculture support services makeup over half of rural GDP and household incomes. An ADB/World Bank study has found that agriculture support services makeup over half of rural GDP and household incomes. The previously overlooked non-agro sector which included transport and trading activities is estimated to contribute as much […]
Spring Cleaning
The United States said Tuesday it is funding the clean up of tsunami debris from a lagoon in eastern Sri Lanka, which is known among locals for its singing fish.The United States said Tuesday it is funding the clean up of tsunami debris from a lagoon in eastern Sri Lanka, which is known among locals […]
Thrown Out
The Board of Investment is trying to spin off its infrastructure procurement arm – the Bureau of Infrastructure Investment (BII) for easier administration.The Board of Investment is trying to spin off its infrastructure procurement arm – the Bureau of Infrastructure Investment (BII) for easier administration. The BII – essentially a procurement agency for large state […]
Tigers free policeman seized in eastern Sri Lanka
Tamil Tiger rebels Tuesday freed a policeman they had seized in the island’s embattled eastern province but another officer detained by the rebels was found dead, local military officials said.Tamil Tiger rebels Tuesday freed a policeman they had seized in the island’s embattled eastern province but another officer detained by the rebels was found dead, […]
Peep at P-TOMS, what they say
P-TOMS will generate more than international goodwill for Sri Lanka, says the World Bank.P-TOMS will generate more than international goodwill for Sri Lanka, says the World Bank. “The existence of the mechanism would generate more support for Sri Lanka that would not have come in, in its absence,” said World Bank country head, Peter Harrold […]
Don’t politicise tsunami aid, warns Sri Lanka Tamil leader
KILINOCHCHI, Sri Lanka, (AFP) – Tamil Tiger rebels asked Sri Lanka Sunday not to “politicise” tsunami relief, but said working with Colombo to distribute foreign aid could help build confidence among the warring parties.KILINOCHCHI, Sri Lanka, (AFP) – Tamil Tiger rebels asked Sri Lanka Sunday not to “politicise” tsunami relief, but said working with Colombo […]
US asks Sri Lanka’s warring parties to strengthen truce after aid deal
The United States asked Sri Lanka’s government and Tamil Tiger rebels Monday to strengthen a fragile truce between them after they entered into a controversial deal to share aid pledged after the tsunami.The United States asked Sri Lanka’s government and Tamil Tiger rebels Monday to strengthen a fragile truce between them after they entered into […]
Bitter Pill
Sri Lanka’s ongoing political instability, poor infrastructure and limited access to capital are choking the country’s investment climate, a joint study by the Asian Development Bank and World Bank said.Sri Lanka’s ongoing political instability, poor infrastructure and limited access to capital are choking the country’s investment climate, a joint study by the Asian Development Bank […]