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Sri Lanka on ‘neutral’ ground after latest round of WTO talks
Jan 24 (LBO) – The latest round of World Trade Organisation (WTO) talks in Hong Kong, has “neutral” impact on Sri Lanka, say trade experts.Jan 24 (LBO) – The latest round of World Trade Organisation (WTO) talks in Hong Kong, has “neutral” impact on Sri Lanka, say trade experts. The outcome of the sixth WTO […]
Sri Lanka first to field test satellite radio for specialises disaster warning, response and recovery system
Jan. 23 (LBO) – Over a year after the 2004 December tsunami, residents of 32 affected coastal villages will test a satellite based disaster warning system, prior to coast wide implementation.Jan. 23 (LBO) – Over a year after the 2004 December tsunami, residents of 32 affected coastal villages will test a satellite based disaster warning […]
Off Duty Nurse
Jan 23 (LBO) -Nurses in Sri Lanka’s public health service are threatening trade union action, over a salary increase anomaly.Jan 23 (LBO) -Nurses in Sri Lanka’s public health service are threatening trade union action, over a salary increase anomaly. Nurses’ trade unions in government hospitals say salary increases for nurses are well below increase given […]
Short Cut
Jan 23 (LBO) -Wireless local loop operators Lanka Bell has sought the telco watchdog’s help to up its interconnection into fixed line giant Sri Lanka’s Telecom’s network.Jan 23 (LBO) -Wireless local loop operators Lanka Bell has sought the telco watchdog’s help to up its interconnection into fixed line giant Sri Lanka’s Telecom’s network. Lanka Bell […]
Disarm paramilitary groups operating in the northeast says US
Jan. 23 (LBO) – The United States Monday asked the government to disarm paramilitary groups operating in the northeast as an escalation of violence left three soldiers dead.Jan. 23 (LBO) – The United States Monday asked the government to disarm paramilitary groups operating in the northeast as an escalation of violence left three soldiers dead. […]
Investors sceptical about government’s foreign bond plans
Market players were sceptical about government’s ability to rise up to a billion dollars internationally due uncertainty in the economic and security fronts. Market players were sceptical about government’s ability to rise up to a billion dollars internationally due uncertainty in the economic and security fronts. Treasury Secretary P B Jayasundera said on Friday that […]
‘s foreign bond plans
Market players were sceptical about government’s ability to rise up to a billion dollars internationally due uncertainty in the economic and security fronts. Market players were sceptical about government’s ability to rise up to a billion dollars internationally due uncertainty in the economic and security fronts. Treasury Secretary P B Jayasundera said on Friday that […]
Extra Eyes
Chief Financial Officers or CFOs are in the dog house after the spectacular collapse of large US and European corporations in recent years.CFO�s have been hauled before courts to face criminal charges for falsifying financial statement. Jeremy Hope, a financial expert who addressed CIMA members in Colombo said CFO�s are seen as the last line […]
Sloppy Efforts
NGOs charged that lack of coordination by one central agency was slowing down reconstruction after the tsunami. NGOs charged that lack of coordination by one central agency was slowing down reconstruction after the tsunami. Although government set up TAFREN which is now called RADA to be the main body helping reconstruction it does not maintain […]
LIOC Woes
The Treasury Secretary disputed subsidy claim by Lanka IOC (LIOC), fuel retailer, which is owed over Rs.7 billion despite a bullish report on the company earlier in the week by a stock analyst. The Treasury Secretary disputed subsidy claim by Lanka IOC (LIOC), fuel retailer, which is owed over Rs. 7 billion despite a bullish […]
India shares tips to combat inflation
A top Indian economist said the Indian experience in dealing with inflation is a model for Sri Lanka.A top Indian economist said the Indian experience in dealing with inflation is a model for Sri Lanka. He says there are many similarities between Sri Lanka’s current macro indicators and those of India in the mid-nineties. Since […]
Sri Lanka offers compromise as Norway moves to save peace bid
Jan 22. (AFP) – Sri Lanka on Sunday offered a compromise to end a deadlock in peace moves with Tamil rebels when a Norwegian envoy visits this week, following violence that has claimed 140 lives in two months.The government said it was ready to make concessions on a venue for talks when Norway’s International Development […]