Travel Expenses

Bus strike called off as government agrees to a 15 percent bus fare increase, from Friday, June 10. Bus strike called off as government agrees to a 15 percent bus fare increase, from Friday, June 10. “The bus strike will be called off now because we got approval to increase prices,” said President of the […]

Free Roaming

Global wireless voice and broadband data products design and development firm Axesstel, Inc on Tuesday said it will supply fixed wireless phone units for Suntel Limited’s proposed CDMA network launch set for late June.Global wireless voice and broadband data products design and development firm Axesstel, Inc on Tuesday said it will supply fixed wireless phone […]

Hot Potato

Sri Lanka is to ink a US$ 100 million fuel purchase deal with Malaysia next Monday, to ease the strain on the country’s balance of payments, a top official said Tuesday.Sri Lanka is to ink a US$ 100 million fuel purchase deal with Malaysia next Monday, to ease the strain on the country’s balance of […]

Clean Drink

Sri Lanka signed up for a US$ 14.8 million loan from Korea to supply water to over 160,000 residents living in the southern coastal town of Galle.Sri Lanka signed up for a US$ 14.8 million loan from Korea to supply water to over 160,000 residents living in the southern coastal town of Galle. Inked between […]

Sri Lanka coalition under siege as monks, Tigers mount pressure

Sri Lanka’s president came under intense pressure as a key minister quit Tuesday and the influential Buddhist clergy vowed to end her career if she approved an aid-sharing deal with Tamil Tiger rebels.Sri Lanka’s president came under intense pressure as a key minister quit Tuesday and the influential Buddhist clergy vowed to end her career […]

Sri Lanka media minister quits

Sri Lanka’s Media minister Mangala Samaraweera Tuesday quit amid a deepening crisis within the shaky coalition government, an official said.Sri Lanka’s Media minister Mangala Samaraweera Tuesday quit amid a deepening crisis within the shaky coalition government, an official said. Samaraweera, a close confidant of President Chandrika Kumaratunga resigned his position as media minister, but will […]

Choke Ride

Railway authorities are in negotiations with the Transport Ministry to urgently up its fares after Sunday’s fuel price hike. Railway authorities are in negotiations with the Transport Ministry to urgently up its fares after Sunday’s fuel price hike. An official from the Transport Minister office said on Monday that negotiations to raise fares were currently […]

High Jump

A bus fare increase looming this month as private bus operators demand compensation for the sharp jump in operating costs.A bus fare increase looming this month as private bus operators demand compensation for the sharp jump in operating costs. To keep private busses in the roads, the National Transport Commission wants a bus fare increase […]

Super Doopers

Modern trade or shopping at super markets is a developing habit in Sri Lanka. Modern trade or shopping at super markets is a developing habit in Sri Lanka. But people who have access to information and exposure to brands are shopping at supermarkets more frequently here than in some of the bigger regional economies. Shifts […]

Scam Jam

Though the Gold Quest scam seems to have collapsed in Sri Lanka, anti-pyramid activists are warning that new network marketing scams with other products will start again soon.Though the Gold Quest scam seems to have collapsed in Sri Lanka, anti-pyramid activists are warning that new network marketing scams with other products will start again soon. […]

Trip Switch

Developers of power plants say the sector is losing credibility with investors because of regular policy U turns and delays in project approval.Developers of power plants say the sector is losing credibility with investors because of regular policy U turns and delays in project approval. Investors last week encouraged the government to go ahead with […]

Sri Lankan president cancels talks with allies over tsunami aid deal

Sri Lanka’s president Monday cancelled crucial talks with legislators of her Marxist-backed coalition amid mounting opposition to plans for an aid sharing-deal with Tiger rebels, officials said.Sri Lanka’s president Monday cancelled crucial talks with legislators of her Marxist-backed coalition amid mounting opposition to plans for an aid sharing-deal with Tiger rebels, officials said. President Chandrika […]

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