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‘s trade gap widens 22%
Jan. 19 (LBO) – Sri Lanka’s trade deficit has widened by 22 percent to US$ 2.4 billion for the eleven months in 2005, though foreign remittances helped strengthen the island’s balance of payments, the Central Bank said Thursday Jan.19 (LBO) – Sri Lanka’s trade deficit has widened by 22 percent to US$ 2.4 billion for […]
Sri Lanka sends troops as Nordic monitors pull out of Trincomalee
Jan. 18 (AFP) – Sri Lanka poured more troops into the restive northeastern port district of Trincomalee fearing more rebel attacks, as Scandinavian monitors pulled out of the volatile area, officials said.Jan. 18 (AFP) – Sri Lanka poured more troops into the restive northeastern port district of Trincomalee fearing more rebel attacks, as Scandinavian monitors […]
Long Line
Sri Lanka Telecom will leverage its connection to the recently commissioned SEA ME WE-4 (South East Asia Middle East Western Europe) undersea cable to explore business in the region.Sri Lanka Telecom will leverage its connection to the recently commissioned SEA ME WE-4 (South East Asia Middle East Western Europe) undersea cable to explore business in […]
100K Connected
Jan 18 (LBO) – Lanka Bell on Wednesday connected its 100,000 customers on its new CDMA network, seven months after its launch, and is now planning for rapid expansion to sustain the growth momentum.Jan 18 (LBO) – Lanka Bell on Wednesday connected its 100,000 customers on its new CDMA network, seven months after its launch, […]
Different Tune
Jan. 17 (LBO) – Shell Gas back-pedalled on its decision to cut gas supplies following top level talks with government, but panic buying over the weekend sparked shortages in some areas.Jan. 17 (LBO) – Shell Gas back-pedalled on its decision to cut gas supplies following top level talks with government, but panic buying over the […]
Nordic monitors pull out of district after Sri Lanka blasts
Jan 17, 2006 (AFP) – Scandinavian truce monitors on Tuesday indefinitely suspended work in Sri Lanka’s northeastern port district of Trincomalee after a series of mine attacks.Jan 17, 2006 (AFP) – Scandinavian truce monitors on Tuesday indefinitely suspended work in Sri Lanka’s northeastern port district of Trincomalee after a series of mine attacks. The Norwegian-led […]
Sri Lanka’s import bill gallops ahead of November export earnings
Jan. 17 (LBO) – Sri Lanka’s import bill for the eleven months surged ahead of export earnings for the same period last year due to rising energy costs, but the island’s Central Bank Tuesday left its key interest rates unchanged. Jan. 17 (LBO) – Sri Lanka’s import bill for the eleven months surged ahead of […]
Sri Lanka?s Central Bank maintains policy rates
Jan. 17 (LBO) — Sri Lanka’s Central Bank Tuesday left its benchmark interest rates unchanged at current levels as it expects the previous month’s rate hike to slowdown money supply growth.Jan. 17 (LBO) — Sri Lanka’s Central Bank Tuesday left its benchmark interest rates unchanged at current levels as it expects the previous month’s rate […]
Mine blasts rock Sri Lanka amid fresh bid to save truce
Jan 17, 2006 (AFP) – Suspected Tiger rebels set off two more mines and fought a gun battle with troops Tuesday as the United Nations urged talks and Norway made a fresh bid to pull Sri Lanka back from the brink of war.Jan 17, 2006 (AFP) – Suspected Tiger rebels set off two more mines […]
‘s import bill gallops ahead of November export earnings
Jan. 17 (LBO) – Sri Lanka’s import bill for the eleven months surged ahead of export earnings for the same period last year due to rising energy costs, but the island’s Central Bank Tuesday left its key interest rates unchanged. Jan. 17 (LBO) – Sri Lanka’s import bill for the eleven months surged ahead of […]
Big Cheque
Jan. 16 (LBO) – Sri Lanka Monday picked up its largest ever cheque from the World Bank for US$ 160 million to develop education and roads, officials said.Jan. 16 (LBO) – Sri Lanka Monday picked up its largest ever cheque from the World Bank for US$ 160 million to develop education and roads, officials said. […]
Gas Alert
Jan. 16 (LBO) — Domestic gas supplier Laugfs says it will consider restricting imports, if global prices cross the US$ 600 mark in February and the government forbids a price increase, a top official said Monday.Jan. 16 (LBO) — Domestic gas supplier Laugfs says it will consider restricting imports, if global prices cross the US$ […]