Category:
Tea production continues to grow, with low elevations recovering after December Tsunami
Sri Lanka’s April 2005 tea output topped 32.21 million kilos, up 8 percent over the previous record for the highest monthly volume, posted in April 2004. Tea production up to April 2005 at 104.8 million kilos is also some 3 percent up from the 102 million kilos produced in the first four months of 2004. […]
Smoke Signals
Sri Lanka’s Central Bank is spearheading a nationwide census to smoke out some 20,000 unregulated financial entities, a top official said Friday. Sri Lanka’s Central Bank is spearheading a nationwide census to smoke out some 20,000 unregulated financial entities, a top official said Friday. Central Bank’s Deputy Governor Ranee Jayamaha says unlicensed deposit taking institutions […]
Shopping Around
The tsunami alters tourism industry dynamics in Sri Lanka with more visitors coming for a shopping experience rather than the traditional sun and sand break.The tsunami alters tourism industry dynamics in Sri Lanka with more visitors coming for a shopping experience rather than the traditional sun and sand break. Analysts from Asia Securities – a […]
Healthy Move
The World Health Meeting ended on Wednesday with 192 World Health Organisation (WHO) countries adopting new rules to control the spread of communicable diseases.The World Health Meeting ended on Wednesday with 192 World Health Organisation (WHO) countries adopting new rules to control the spread of communicable diseases. “These new regulations recognize that diseases do not […]
Big Hello
MTN Networks handed in an application on Thursday to list up to 10 percent of its issued share capital on the Colombo bourse.MTN Networks handed in an application on Thursday to list up to 10 percent of its issued share capital on the Colombo bourse. The issue is likely to open by August 2005, and […]
Seconds Off
Sri Lanka’s commercial 3G licensing process is taking time to materialize as policymakers grapple over compensation for relocating current users in the spectrum table.Sri Lanka’s commercial 3G licensing process is taking time to materialize as policymakers grapple over compensation for relocating current users in the spectrum table. A proposed spectrum reallocation process in 2003 sought […]
World Food Programme to buy rice from local farmers to feed tsunami victims
The World Food Programme(WFP) is planning to buy rice from Sri Lankan farmers to feed the thousands displaced by the tsunami and the internal conflict. The World Food Programme(WFP) is planning to buy rice from Sri Lankan farmers to feed the thousands displaced by the tsunami and the internal conflict. “We are negotiating with the […]
No takers in Sri Lanka for IFC’s US$ 150 mn loans?
The International Finance Corp.‘s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks.The International Finance Corp.’s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks. […]
‘s US$ 150 mn loans?
The International Finance Corp.‘s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks.The International Finance Corp.’s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks. […]
Sri Lanka rebels recruiting fewer child soldiers
Tamil guerrillas have recruited fewer child soldiers in Sri Lanka this year amid mounting international condemnation against enlisting underage combatants, official figures showed Wednesday. Tamil guerrillas have recruited fewer child soldiers in Sri Lanka this year amid mounting international condemnation against enlisting underage combatants, official figures showed Wednesday. The recruitment pattern of the rebel Liberation […]
Clean Deals
CDM or Clean Development Mechanism developed under the Kyoto Protocol to cut green house gas emissions of industrial countries by five percent by 2012 is wooing emerging economies to trade what are called carbon credits and help industrial countries meet targets. CDM or Clean Development Mechanism developed under the Kyoto Protocol to cut green house […]
Damn It
Sri Lanka’s next Tsunami type wave might hit inland if one of the many dams in the country gives way due to lack of maintenance according to a former boss of irrigation.Sri Lanka’s next Tsunami type wave might hit inland if one of the many dams in the country gives way due to lack of […]