Category:
Please Intervene
The mother of one of the three Sri Lankans facing execution in Saudi Arabia has appealed to the newly elected Sri Lankan President to intervene to obtain clemency, after learning that the sentences may be carried out at any time.The mother of one of the three Sri Lankans facing execution in Saudi Arabia has appealed […]
Pumping Money
NEW DELHI, Dec 5 (AFP) – The chairman of Intel, the world’s largest chipmaker, said Monday the company planned to invest more than one billion dollars to expand in India in the next five years, a news report said.NEW DELHI, Dec 5 (AFP) – The chairman of Intel, the world’s largest chipmaker, said Monday the […]
Plugged In
Global banking giant HSBC Group opened its US$ 31 million call centre operation in Sri Lanka Tuesday, as local financial markets dived on news that seven soldiers had died following early morning landmine explosion in the North.Global banking giant HSBC Group opened its US$ 31 million call centre operation in Sri Lanka Tuesday, as local […]
Sri Lanka needs to focus on a better macro-economic policy matrix to face the challenges ahead
Though Sri Lanka badly needs higher levels of investment, to boost growth and reduce poverty, economists are warning that chronic macro-economic instability is hindering progress, with the deteriorating security situation also adding to the country’s woes.An appreciation of the real effective exchange rates, caused by adverse inflation differentials will eventually hurt domestic producers. High inflation […]
” as death toll hits 27
Sri Lanka on Tuesday accused Tamil Tiger rebels of unleashing a “stealth war” after seven soldiers were blown up in a mine blast in the troubled north, bringing the death toll since the weekend to 27.Sri Lanka on Tuesday accused Tamil Tiger rebels of unleashing a “stealth war” after seven soldiers were blown up in […]
Sri Lanka army chief seeks talks with Tigers amid blasts
Sri Lanka’s new army chief took command Tuesday with a call for talks with Tamil Tiger rebels to defuse tension in the northern town of Jaffna after 14 soldiers were killed in two blasts.Sri Lanka’s new army chief took command Tuesday with a call for talks with Tamil Tiger rebels to defuse tension in the […]
Death toll hits 22 in Sri Lanka violence, mine blasts threaten truce
Seven Sri Lankan soldiers were killed Tuesday in a landmine attack in the northern town of Jaffna, the second major attack blamed on Tamil Tiger rebels in three days, as the new army chief vowed to take on terrorism.Seven Sri Lankan soldiers were killed Tuesday in a landmine attack in the northern town of Jaffna, […]
US$ 50 million ADB loan to upgrade Sri Lanka’s crowded cities
Asian Development Bank (ADB) approves US$ 50 million loan to upgrade infrastructure in Sri Lanka’s crowded cities. Asian Development Bank (ADB) approves US$ 50 million loan to upgrade infrastructure in Sri Lanka’s crowded cities. Over US$ 42 million will be made available to local authorities as part grant and part loan, through the Local Loans […]
Stocks dip on news of second attack on military
Update Colombo stocks dipped sharply as suspected Tamil Tigers carried out a second land mine attack on a Sri Lankan Army tractor killing six soldiers. Update Colombo stocks dipped sharply as suspected Tamil Tigers carried out a second land mine attack on a Sri Lankan Army tractor killing six soldiers. The attack is believed to […]
US concerned about ceasefire agreement violations
The US “gravely concerned” about ceasefire agreement violations in Sri Lanka over last few days.The US “gravely concerned” about ceasefire agreement violations in Sri Lanka over last few days. “The United States remains gravely concerned about persistent violations of the Ceasefire Agreement, particularly over the past few weeks,” said a statement issued on Monday, by […]
Tele Medicine
Apollo Hospitals will broad base access to its medical faculties with at least four telemedicine centers spread across the island.Apollo Hospitals will broad base access to its medical faculties with at least four telemedicine centers spread across the island. Currently in its final stages of planning the project is expected to get off ground in […]
Discount
The EU parliament agreed last week to pass laws to allow European companies over ride drug patents, for developing countries in need.The EU parliament agreed last week to pass laws to allow European companies over ride drug patents, for developing countries in need. The patent override is possible only by European companies, through a special […]