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Sri Lanka warned to keep war rhetoric down, Tigers take flak
Top foreign aid donors Tuesday warned Sri Lankan political parties against undermining a fragile peace process and accused Tamil Tiger rebels of carrying out political assassinations to jeopardise a truce.Top foreign aid donors Tuesday warned Sri Lankan political parties against undermining a fragile peace process and accused Tamil Tiger rebels of carrying out political assassinations […]
People’s Leasing raises funds to feed its hire purchase business
People’s Leasing Company has raised Rs.400 million by securitising part of its small but growing hire purchase portfolio, the firm said Monday.People’s Leasing Company has raised Rs. 400 million by securitising part of its small but growing hire purchase portfolio, the firm said Monday. Hire purchasing accounts for Rs 3 billion of the firm’s business […]
‘s Leasing raises funds to feed its hire purchase business
People’s Leasing Company has raised Rs.400 million by securitising part of its small but growing hire purchase portfolio, the firm said Monday.People’s Leasing Company has raised Rs. 400 million by securitising part of its small but growing hire purchase portfolio, the firm said Monday. Hire purchasing accounts for Rs 3 billion of the firm’s business […]
Double Whammy!
SriLankan Airlines group net profits slumped 75 percent last year, dragged down by hefty oil bill and a fall in passenger numbers following the Dec. 26 tsunami, the airline said Monday.SriLankan Airlines group net profits slumped 75 percent last year, dragged down by hefty oil bill and a fall in passenger numbers following the Dec. […]
Corporate Funding
United States Trade and Development Agency (USTDA) signs over grants worth US$ 2.5 million for Sri Lanka. United States Trade and Development Agency (USTDA) signs over grants worth US$ 2.5 million for Sri Lanka. On Monday the USTDA signed over grant funding for six development projects in Sri Lanka. Over US$ 2 million is for […]
Elections Department confirms November date for Presidential polls
The Elections Department on Monday announced that Sri Lanka will go to polls on November 17, 2005 to elect a new President.The Elections Department on Monday announced that Sri Lanka will go to polls on November 17, 2005 to elect a new President. Nominations for the polls will open on October 7, 2005, between 9.00 […]
Elections Commissioner confirms November poll date
The Elections Department on Monday announced that Sri Lanka will go to polls on November 17, 2005 to elect a new President. Nominations for the polls will open on October 7, 2005.Update to Follow The Elections Department on Monday announced that Sri Lanka will go to polls on November 17, 2005 to elect a new […]
Sri Lanka to shop for overseas debt
Government says it will raise up to US$ 500 million in the international debt markets next year to finance identified infrastructure projects as concessional loans dry up. Government says it will raise up to US$ 500 million in the international debt markets next year to finance identified infrastructure projects as concessional loans dry up. A […]
Sharp Edge
The Association of Charted Certified Accountants (ACCA) said their national conference will take place later this month.The Association of Charted Certified Accountants (ACCA) said their national conference will take place later this month. ACCA hosted a sustainability awards earlier in the year to reward CSR reporting among top corporate which they say encouraged them to […]
Showtime for Sri Lanka’s century old tea industry
A renovated old tea factory is now housing the one of the most unique industry related museums for tea close to the Kandy town.The venture is supported by all tea related industry associations with some of them extending even financial support. Its promoters say the museum is part of efforts to lift the industry image […]
Norachcholai Tripped?
CEB engineers have sought assurances from UNP that a proposed coal power plant in Puttlam won’t be scraped as its board of directors objected to the General Manager taking the lead on the project.CEB engineers have sought assurances from UNP that a proposed coal power plant in Puttlam won’t be scraped as its board of […]
Sri Lanka’s Tamil rebels call for immediate truce talks
The political leader of the Tamil Tiger rebels has called for immediate talks with Sri Lanka’s government to save a shaky ceasefire.The political leader of the Tamil Tiger rebels has called for immediate talks with Sri Lanka’s government to save a shaky ceasefire. Tamil Tiger political chief S.P. Thamilselvan said the rebel group was ready […]