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Law to revamp Tourist Board with private sector seats, may get Parliament nod
New laws to revamp the Tourist Board and get the private sector involved in spending marketing dollars, may get the Parliament go-ahead next week, despite opposition.New laws to revamp the Tourist Board and get the private sector involved in spending marketing dollars, may get the Parliament go-ahead next week, despite opposition. The new Tourism Development […]
Medical Failure
The Asian Human Rights Commission has pulled up three cases of gross medical negligence in local hospitals in the past two weeks alone, saying victims have no way to get redress. The Asian Human Rights Commission has pulled up three cases of gross medical negligence in local hospitals in the past two weeks alone, saying […]
Off the Hook
Fixed line telecom operators will see a drop in their costs per line with rollout of their new CDMA networks.Fixed line telecom operators will see a drop in their costs per line with rollout of their new CDMA networks. CDMA or Code Division Multiple Access standard is a wireless communication technology developed initially for mobile […]
Religious minorities under threat in Sri Lanka: UN official
A top United Nations official Thursday warned that religious minorities in the predominantly Buddhist Sri Lanka could be persecuted under proposed laws aimed at stopping :unethical conversions.” A top United Nations official Thursday warned that religious minorities in the predominantly Buddhist Sri Lanka could be persecuted under proposed laws aimed at stopping :unethical conversions.” The […]
Sri Lanka says no return to war as donors fear for peace process
Sri Lanka vowed Thursday the country would not return to war despite a deadlock in peace talks and failure to strike a deal with Tamil rebels on tsunami relief ahead of a key review of foreign aid. Sri Lanka vowed Thursday the country would not return to war despite a deadlock in peace talks and […]
Stock Exchange to open doors for five new members
The Colombo Stock Exchange is drawing up plans to admit at least five new members, but this time prospective applicants may have to bid for a license.The Colombo Stock Exchange is drawing up plans to admit at least five new members, but this time prospective applicants may have to bid for a license. Stock brokering […]
US boost for Sri Lanka’s tsunami-hit tourism industry
Sri Lanka will spend 7.3 million dollars to woo high-spending holiday makers from Europe and neighbouring India to fill hotel rooms left empty after the December tsunamis, officials said Wednesday.Sri Lanka will spend 7.3 million dollars to woo high-spending holiday makers from Europe and neighbouring India to fill hotel rooms left empty after the December […]
Carrot and Stick
Inland Revenue is finalising procedures to issue Gold and Silver cards to reward good tax payers.Inland Revenue is finalising procedures to issue Gold and Silver cards to reward good tax payers. “We will carry a paper notice soon asking people to apply for the cards,” said Commissioner General of Inland Revenue, R P L Weerasinghe. […]
Home Loans
First Ratings Tuesday gave HDFC Bank’s housing loan securitization trust an AA- (sri) rating for its capacity to meet interest payments and principal repayments.First Ratings Tuesday gave HDFC Bank’s housing loan securitization trust an AA- (sri) rating for its capacity to meet interest payments and principal repayments. The rating applies to the Rs. 506 mn […]
‘s tsunami-hit tourism industry
Sri Lanka will spend 7.3 million dollars to woo high-spending holiday makers from Europe and neighbouring India to fill hotel rooms left empty after the December tsunamis, officials said Wednesday.Sri Lanka will spend 7.3 million dollars to woo high-spending holiday makers from Europe and neighbouring India to fill hotel rooms left empty after the December […]
Private donors pledge over half of US$ 2 bn in tsunami aid
The World Bank says over half of US$ 2 bn in tsunami aid pledges are from private donors, but warns better co-ordination is needed among aid agencies and 200 Non-Governmental groups. The World Bank says over half of US$ 2 bn in tsunami aid pledges are from private donors, but warns better co-ordination is needed […]
Trade talks for controls on food aid can hurt aid dependent Sri Lanka
World trade talks on agriculture trade can reduce food aid to countries like Sri Lanka, warns the United Nations.World trade talks on agriculture trade can reduce food aid to countries like Sri Lanka, warns the United Nations. World Trade Organisation (WTO) countries are discussing new rules to govern the delivery of food aid, but the […]