Category:
Temporary closure of petroleum refinery, chokes Sri Lanka’s import bill
A month long shut down of the petroleum refinery and the country’s never ending thirst for fuel, nearly tripled Sri Lanka’s oil import bill in June, the island’s Central Bank said Thursday.A month long shut down of the petroleum refinery and the country’s never ending thirst for fuel, nearly tripled Sri Lanka’s oil import bill […]
Sri Lanka talking to world leaders about controlling the LTTE
The government of Sri Lanka said on Thursday, that it is talking to world leaders about the need for further international pressure on the LTTE, to stop more violence.The government of Sri Lanka said on Thursday, that it is talking to world leaders about the need for further international pressure on the LTTE, to stop […]
Court case leaves Sri Lanka Telecom Rs. 4.5 bn poorer
Sri Lanka Telecom’s credit profile is unlikely to weaken even if the Supreme Court orders the telco to refund about Rs. 4.5 billion in tariffs payments, Fitch Ratings Lanka said Wednesday.Sri Lanka Telecom’s credit profile is unlikely to weaken even if the Supreme Court orders the telco to refund about Rs. 4.5 billion in tariffs […]
Prove It
Sri Lankan government on fast track campaign to issue over one million identity cards before November 17.Sri Lankan government on fast track campaign to issue over one million identity cards before November 17. “We will allocate the month of September as the national identity card month,” said Tilak Ranaviraja, secretary, Ministry of Public Security, Law […]
Number Machine
Sri Lankan trade bodies gain access to international trade data base with EU funding.Sri Lankan trade bodies gain access to international trade data base with EU funding. Public and private sector trade organisations in Sri Lanka gained access this week to one of the world’s largest and most detailed trade data bases. Access to the […]
Thin Roof
The International Organisation for Migration (IOM) Tuesday announced it has completed 3,000 transitional shelters for Sri Lanka’s tsunami survivors.The International Organisation for Migration (IOM) Tuesday announced it has completed 3,000 transitional shelters for Sri Lanka’s tsunami survivors. Some 140 families on the east coast, one of the worst hit by the December 26 giant waves, […]
Setting Up
The US embassy announced the launch of a programme for a tsunami warning system for Indian Ocean countries, on Tuesday.The US embassy announced the launch of a programme for a tsunami warning system for Indian Ocean countries, on Tuesday. The Indian Ocean Tsunami Warning System (IOTWS) program is a two year, US$ 16.6 million project, […]
Shrinking Wallets
A tax slapped on all advertising budgets last year has not really tightened purse strings, but companies are thinking twice about the way they spend to grab attention.A tax slapped on all advertising budgets last year has not really tightened purse strings, but companies are thinking twice about the way they spend to grab attention. […]
Late Start
Sri Lanka Telecom says it will need at least six months to deploy its low cost wireless technology, though it’s already feeling the heat from rival networks.Sri Lanka Telecom says it will need at least six months to deploy its low cost wireless technology, though it’s already feeling the heat from rival networks. SLT secured […]
Speed Dial
Dialog Telekom on Monday reported a Rs.3.44 bn net profit for the fist half of 2005 – pushing its bottom line up 76.6% over 2004. Dialog Telekom on Monday reported a Rs. 3.44 bn net profit for the fist half of 2005 – pushing its bottom line up 76.6% over 2004. The bottom line increase […]
Electricity Hell
The CEB has re-issued its gazette announcement to increase electricity charges and has postponed the price increase.The CEB has re-issued its gazette announcement to increase electricity charges and has postponed the price increase. The increase in electricity fixed charges, that was due in August, will hit consumers from October 1, under a new gazette notice […]
Bad Job
Going abroad to work is a one way ticket to the land of no return for increasing numbers of Sri Lankan poor. Going abroad to work is a one way ticket to the land of no return for increasing numbers of Sri Lankan poor. For Sri Lanka’s rural poor, going abroad to work is the […]