Premium Price

Insurance costs will go up by one third for Sri Lankan hotels, as insurance companies factor tsunami risk into future insurance coverage.Insurance costs will go up by one third for Sri Lankan hotels, as insurance companies factor tsunami risk into future insurance coverage. “Premiums went up a little this year because tsunami cover was introduced.Insurance […]

Silicone Valley

A woman holds up silicone implants used to enhance breast size Well endowed Sri Lankan women rarely go the silicone way to grow their bust size. But new implants on the market have just opened all options for women wanting to pad up the front line.   Sri Lanka has just nine plastic surgeons to […]

Fair Game

The EDB is putting together a set of procedures and criteria for ethical labeling, with plans to later set up an independent standards body.The EDB is putting together a set of procedures and criteria for ethical labeling, with plans to later set up an independent standards body. Export Development Board Chief Rohantha Athukorala said Sri […]

Kangaroo Help

Sri Lanka has received Rs. 230 million (A$ 3 million) from the Australian government to resettle refugees returning from India, officials said Tuesday.Sri Lanka has received Rs. 230 million (A$ 3 million) from the Australian government to resettle refugees returning from India, officials said Tuesday. Channeled through the International Organisation for Migration (IOM), the funds […]

Fast Kill

Locals craving for fast foods, genetic disorders and pollution are tipped to make cardiovascular and asthma the next biggest ailment to hit Sri Lanka, an Indian drug maker said Wednesday. Locals craving for fast foods, genetic disorders and pollution are tipped to make cardiovascular and asthma the next biggest ailment to hit Sri Lanka, an […]

Laid Off

Plans to lay off private sector workers in Sri Lanka laid off, until the government works out how to finance unemployment insurance.Plans to lay off private sector workers in Sri Lanka laid off, until the government works out how to finance unemployment insurance. The Ministry of Labour gazetted its latest compensation formula to lay off […]

Plan B

The government has shelved plans to up Employee Trust Fund (ETF) payments by 0.5 percent, following the controversial compensation formula for laid off workers.The government has shelved plans to up Employee Trust Fund (ETF) payments by 0.5 percent, following the controversial compensation formula for laid off workers. The 0.5 percent tagged on to ETF was […]

Tight Budgets

Sri Lanka spends to put up unnecessary buildings in its public schools and universities, with an urgent need to rationalise its capital spending budget for education. Sri Lanka spends to put up unnecessary buildings in its public schools and universities, with an urgent need to rationalise its capital spending budget for education. Over 80 percent […]

Limited Mobility

Sri Lanka’s Central Bank has allowed indirect exporters to open a special account to use their foreign currency sales proceeds to pay for imported inputs, the bank said late Friday.Sri Lanka’s Central Bank has allowed indirect exporters to open a special account to use their foreign currency sales proceeds to pay for imported inputs, the […]

More Pay

Sri Lanka’s labour ministry said Tuesday it wants women who are hired to work abroad as maids to be paid at least 150 dollars a month before it approves allowing them to take assignments. Sri Lanka’s labour ministry said Tuesday it wants women who are hired to work abroad as maids to be paid at […]

‘t Cry Wolf

Sri Lanka needs a well-oiled disaster management system to avoid false warnings and unnecessary panic, as most underwater earthquakes do not generate tsunami, say experts. Sri Lanka needs a well-oiled disaster management system to avoid false warnings and unnecessary panic, as most underwater earthquakes do not generate tsunami, say experts. "Over 75 percent of large […]

Don’t Cry Wolf

Sri Lanka needs a well-oiled disaster management system to avoid false warnings and unnecessary panic, as most underwater earthquakes do not generate tsunami, say experts. Sri Lanka needs a well-oiled disaster management system to avoid false warnings and unnecessary panic, as most underwater earthquakes do not generate tsunami, say experts. "Over 75 percent of large […]

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