Category:
Power Surge
Fixed electricity prices could double after a Cabinet green light expected on Wednesday, to tide the thermal dependant Electricity Board through surging crude costs.Fixed electricity prices could double after a Cabinet green light expected on Wednesday, to tide the thermal dependant Electricity Board through surging crude costs. About 60 percent of the country’s electricity generation […]
Troubleshooter
Government and trade union talks on Ceylon Electricity Board (CEB) restructuring collapses and trade unions call for mediation by the Prime Minister again.Government and trade union talks on Ceylon Electricity Board (CEB) restructuring collapses and trade unions call for mediation by the Prime Minister again. Over the past month trade unions, lending agnecies and government […]
JVP says will pull out of government by Thursday
The JVP today re-iterated that it would pull out of Sri Lanka’s coalition government tomorrow at midnight, if the joint mechanism is not pulled out.The JVP today re-iterated that it would pull out of Sri Lanka’s coalition government tomorrow at midnight, if the joint mechanism is not pulled out. At a mass public rally near […]
Foreign donors warn Sri Lanka over escalating violence
Sri Lanka’s main international donors Tuesday asked the Colombo government and Tamil Tiger rebels to take action to stop escalating violence and stem a wave of political killings undermining a fragile truce.Sri Lanka’s main international donors Tuesday asked the Colombo government and Tamil Tiger rebels to take action to stop escalating violence and stem a […]
Sri Lanka president resists militant monks and Marxists, likely to survive
President Chandrika Kumaratunga, who has staked her government’s future on a tsunami aid-sharing deal with Tamil Tiger guerrillas, is likely to survive a threatened walkout by her Marxist coalition partner, officials and analysts said Tuesday. President Chandrika Kumaratunga, who has staked her government’s future on a tsunami aid-sharing deal with Tamil Tiger guerrillas, is likely […]
Top donors take a shot at ceasefire violations by Govt and LTTE.
A top meeting of donors in Washington on Monday took a shot at Sri Lanka’s fragile peace, whacking both the government and Tamil rebels for ceasefire violations.A top meeting of donors in Washington on Monday took a shot at Sri Lanka’s fragile peace, whacking both the government and Tamil rebels for ceasefire violations. Co-chairs of […]
Buddhist monk’s life endangered by tsunami aid mechanism
A faction of Buddhist monks in Sri Lanka claim the life of another monk is endangered by the proposed tsunami aid mechanism for the north and east.A faction of Buddhist monks in Sri Lanka claim the life of another monk is endangered by the proposed tsunami aid mechanism for the north and east. The National […]
Touching Lives
Sri Lanka’s Hatton National Bank (HNB) plans to securitise part of its micro finance portfolio to expand its low cost credit schemes. Sri Lanka’s Hatton National Bank (HNB) plans to securitise part of its micro finance portfolio to expand its low cost credit schemes. HNB’s micro finance portfolio stands at around Rs. 4 billion at […]
Power Struggle
Ceylon Electricity Board trade unions were to meet late Monday for crucial talks on restructuring the state owned power utility ahead of a donor deadline on Wednesday.Ceylon Electricity Board trade unions were to meet late Monday for crucial talks on restructuring the state owned power utility ahead of a donor deadline on Wednesday. The unions […]
monks protest brings Colombo’s financial and central public transport district comes to a halt
Colombo’s financial and central public transport district came to a halt on Monday with the National Bikkhu Front attempting to march into the Presidential residence in Fort. Colombo’s financial and central public transport district came to a halt on Monday with the National Bikkhu Front attempting to march into the Presidential residence in Fort. The […]
Sri Lanka president in talks to save coalition
Sri Lanka’s president went into talks with opposition parties Monday in a bid to drum up support after a key coalition partner threatened to quit over a tsunami aid deal with Tamil Tiger rebels, officials said. Sri Lanka’s president went into talks with opposition parties Monday in a bid to drum up support after a […]
Sri Lanka police use tear gas, batons to break up monks protest
Police fired tear gas and used batons for the second time in days to break up a protest by Buddhist monks opposed to government plans to enter into a tsunami aid-sharing deal with Tamil rebels, a witness said.Police fired tear gas and used batons for the second time in days to break up a protest […]