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Tea exports have not caught up with growing production
Sri Lanka’s tea exports have not caught up with its fast growing production this year, with the difference between the two quantities notching up to 27 million kilos, up from an average 10 million kilos in other years. Industry watchers however say the extra teas could be absorbed in the current winter buying.The higher than […]
Politicians littering Colombo and getting public to pay to clean up
Sri Lankan politicians are littering the island’s commercial capital, Colombo and are getting the public to pay to clean up their mess. Sri Lankan politicians are littering the island’s commercial capital, Colombo and are getting the public to pay to clean up their mess. A woman walks past a barricade at the main street leading […]
Blast in Sri Lankan capital; no casualties
Police inspect the wreckage of a van after a bomb explosion in the Sri Lankan capital Colombo, 06 October 2005. There were no major casualties in the blast in front of a newspaper office of a moderate Tamil political party. AFP PHOTO/Sena Vidanagama An explosion believed to be caused by a grenade was reported in […]
Thirst for fuel swells Sri Lanka’s import bill for August
Sri Lanka’s never ending thirst for fuel has weighed down the country’s import bill for August, negating export gains from the apparel and rubber industries, the island’s Central Bank said Wednesday.Sri Lanka’s never ending thirst for fuel has weighed down the country’s import bill for August, negating export gains from the apparel and rubber industries, […]
Few Options
Ceylinco Insurance has launched investment linked life plans which will gives policyholders the option of directing where his life funds would be invested.Ceylinco Insurance has launched investment linked life plans which will gives policyholders the option of directing where his life funds would be invested. Ceylinco Shilpa is a child education policy and Ceylinco Retirement […]
Change or Die
Chronic diseases are giving heart attacks to low and middle income economies like Sri Lanka, says the World Health Organisation(WHO).Chronic diseases are giving heart attacks to low and middle income economies like Sri Lanka, says the World Health Organisation(WHO). Chronic diseases are the leading cause of death in the world and the death toll is […]
Crowded Booth
Industry watchers say up to ten fixed line phone operators could be battling it out for a piece of Sri Lankan telecom market by 2006.Industry watchers say up to ten fixed line phone operators could be battling it out for a piece of Sri Lankan telecom market by 2006. In addition to Suntel, Lanka Bell […]
Key Sri Lankan Tamil, Muslim parties back opposition presidential hope
Sri Lanka’s Tamil and Muslim parties, potential kingmakers in next month’s presidential polls, on Wednesday came out in support of the Sinhalese opposition candidate hoping he would end ethnic bloodshed.Sri Lanka’s Tamil and Muslim parties, potential kingmakers in next month’s presidential polls, on Wednesday came out in support of the Sinhalese opposition candidate hoping he […]
‘s import bill for August
Sri Lanka’s never ending thirst for fuel has weighed down the country’s import bill for August, negating export gains from the apparel and rubber industries, the island’s Central Bank said Wednesday.Sri Lanka’s never ending thirst for fuel has weighed down the country’s import bill for August, negating export gains from the apparel and rubber industries, […]
Sri Lanka’s Central Bank rejects all bids sent in for the three-year bond auction
Sri Lanka’s Central Bank on Tuesday rejected all bids sent in for the three-year bond auction today, but did not give any reason.Sri Lanka’s Central Bank on Tuesday rejected all bids sent in for the three-year bond auction today, but did not give any reason. The bank said it received offers worth Rs.2.08 billion for […]
‘s Central Bank rejects all bids sent in for the three-year bond auction
Sri Lanka’s Central Bank on Tuesday rejected all bids sent in for the three-year bond auction today, but did not give any reason.Sri Lanka’s Central Bank on Tuesday rejected all bids sent in for the three-year bond auction today, but did not give any reason. The bank said it received offers worth Rs.2.08 billion for […]
Lets be Friends
Sri Lankan tax payers are fighting shy of official recognition as good tax payers. Sri Lankan tax payers are fighting shy of official recognition as good tax payers. In May this year the government offered to officially recognise ‘good tax payers’ to coax more taxes out of Sri Lanka’s unusually tax averse population. “We announced […]