Category:
Scary Budget…
Defense spending was hiked by a massive Rs. 25 billion from the levels proposed a month ago as top Generals said they are ready for war if pushed in to it.Defense spending was hiked by a massive Rs. 25 billion from the levels proposed a month ago as top Generals said they are ready for […]
Behind Budget Lines
How practical is a budget that seeks high defense spending and a big government? How practical is a budget that seeks high defense spending and a big government? International rating agencies, that gave Sri Lanka speculative grade ratings on Friday, also highlighted challenges facing the economy. Deterioration in the security situation, delays in the public […]
All at Sea
The Colombo port will run out of capacity in three years if new terminals are not ready according to a former port chairman.The Colombo port will run out of capacity in three years if new terminals are not ready according to a former port chairman. He said that running out of capacity will mean that […]
Tea trade takes a leaf from the famous Wine trails to make new revenue stream.
Tea trails, four refurbished colonial bungalows nestled in the tea decked hills of Bogavantalawa is attracting high end visitors from mostly UK. Tourists from UK who like to experience the kind of lifestyle their ancestors lived here during the British Raj are visiting these boutique bungalows and have added a new revenue stream to its […]
Sri Lanka irked over Norway comments on peace bid: report
Sri Lanka has expressed concern over Norway’s remarks that it would only resume the role of peace broker in a three-decade ethnic conflict if both sides agree to a set of conditions, a press report said Sunday. Sri Lanka has expressed concern over Norway’s remarks that it would only resume the role of peace broker […]
Japan offers to host talks to save Sri Lanka truce
Japanese peace envoy Yasushi Akashi Sunday invited Sri Lanka and Tamil Tiger rebels to meet in Japan for talks to save their ceasefire, which is threatened with collapse after 34 people were killed in fresh violence.Japanese peace envoy Yasushi Akashi Sunday invited Sri Lanka and Tamil Tiger rebels to meet in Japan for talks to […]
Triggered Off
In the wake of another world trade meeting Sri Lanka decides to introduce safeguard laws to shield farmers and industries from rampaging imports. In the wake of another world trade meeting Sri Lanka decides to introduce safeguard laws to shield farmers and industries from rampaging imports. The island, that started opening up in 1977 and […]
Cutting the Wires
Fixed line giant Sri Lanka Telecom together with international chipmaker Intel Corp., will deploy a high speed wireless internet network, with a test service already in operation.Fixed line giant Sri Lanka Telecom together with international chipmaker Intel Corp., will deploy a high speed wireless internet network, with a test service already in operation. Telecom chief […]
Choices: An MOU to implement MOUs
R&D or housemaids? On December 8, Bill Gates announced that Microsoft will spend US$ 850 million on research and development in India over the next four years. A few days earlier, Intel, whose Chairman is also visiting the region (including Sri Lanka), announced plans to spend US$ 1 billion in R&D in India. Things are […]
How the budget will affect Sri Lanka’s corporate sector and the stockmarket – C T Smith Stockbrokers
Sri Lanka’s corporate sector could take a hit if Thursday’s budget is implemented as proposed.Sri Lanka’s corporate sector could take a hit if Thursday’s budget is implemented as proposed. A number of significant proposals impacting specific companies or sectors in the Colombo Stock Exchange have been put together by C T Smith Stockbrokers. Proposals that […]
‘s corporate sector and the stockmarket – C T Smith Stockbrokers
Sri Lanka’s corporate sector could take a hit if Thursday’s budget is implemented as proposed.Sri Lanka’s corporate sector could take a hit if Thursday’s budget is implemented as proposed. A number of significant proposals impacting specific companies or sectors in the Colombo Stock Exchange have been put together by C T Smith Stockbrokers. Proposals that […]
Healthy Option
Small victory for Sri Lanka, with WTO decision to amend the TRIPS, to ensure access to medicines for poorer countries.Small victory for Sri Lanka, with WTO decision to amend the TRIPS, to ensure access to medicines for poorer countries. After years of lobbying, poorer members of the World Trade Organisation (WTO) saw a small victory […]