Category:
Laid Off
Plans to lay off private sector workers in Sri Lanka laid off, until the government works out how to finance unemployment insurance.Plans to lay off private sector workers in Sri Lanka laid off, until the government works out how to finance unemployment insurance. The Ministry of Labour gazetted its latest compensation formula to lay off […]
Call back
The telecom watchdog’s staff has taken the Regulatory Commission to court over a decision to reverse a salary increment given earlier this year.The telecom watchdog’s staff has taken the Regulatory Commission to court over a decision to reverse a salary increment given earlier this year. On Tuesday a case filed by three employee unions in […]
Bypass Operation
The month of March saw a record number of vehicle registrations with vehicle owners trying to avoid a new withholding tax from April 1. The month of March saw a record number of vehicle registrations with vehicle owners trying to avoid a new withholding tax from April 1. “This is the first time we have […]
Tight Budgets
Sri Lanka spends to put up unnecessary buildings in its public schools and universities, with an urgent need to rationalise its capital spending budget for education. Sri Lanka spends to put up unnecessary buildings in its public schools and universities, with an urgent need to rationalise its capital spending budget for education. Over 80 percent […]
Plan B
The government has shelved plans to up Employee Trust Fund (ETF) payments by 0.5 percent, following the controversial compensation formula for laid off workers.The government has shelved plans to up Employee Trust Fund (ETF) payments by 0.5 percent, following the controversial compensation formula for laid off workers. The 0.5 percent tagged on to ETF was […]
Limited Mobility
Sri Lanka’s Central Bank has allowed indirect exporters to open a special account to use their foreign currency sales proceeds to pay for imported inputs, the bank said late Friday.Sri Lanka’s Central Bank has allowed indirect exporters to open a special account to use their foreign currency sales proceeds to pay for imported inputs, the […]
eNanny
BANGKOK, April 18 (AFP) – Child pornography on the Internet is surging and threatens to expose millions to sexual abuse if the IT industry and governments do not take urgent measures, warned a global campaign launched Monday.Children’s organisations in 67 countries have joined together to launch the “make-IT-safe” campaign. “It’s a growing problem, and it’s […]
Norway envoy in talks amid tension in Sri Lanka
Norwegian peace envoy Erik Solheim opened talks with officials here Monday amid growing concern for the stability of a ceasefire between Sri Lankan troops and Tiger rebels, officials said.Norwegian peace envoy Erik Solheim opened talks with officials here Monday amid growing concern for the stability of a ceasefire between Sri Lankan troops and Tiger rebels, […]
South Asia needs to do more to reach Millennium Development Goals
South Asia still lags behind on some Millennium Development Goals (MDG), with more work needed in bridging income gaps, access to education and bringing down trade barriers.South Asia still lags behind on some Millennium Development Goals (MDG), with more work needed in bridging income gaps, access to education and bringing down trade barriers. But though […]
Drop It
Shipping experts said the Ports Authority should give up owning and managing terminals and let port operators and shipping lines do that business. Shipping experts said the Ports Authority should give up owning and managing terminals and let port operators and shipping lines do that business. S. Premachandra, a former Ports Authority employee says the […]
Feathered Talk
The tsunami has affected the hotel trade in two ways. More than the physical damage to infrastructure, the sector was hit by cancellations.Tourism firms that managed to escape the worst effects had strategies to reduce cancellations. The tsunami has affected the hotel trade in two ways. More than the physical damage to infrastructure, the sector […]
Inside the CEB
The Ceylon Electricity Board’s restructuring is the hottest political and economic story these days.Though the tsunami destroyed more than 70,000 houses, Sri Lanka’s power demand has been establishing new records. Last month Sri Lanka’s electricity hit a new peak of 1604 megawatts. The Ceylon Electricity Board’s restructuring is the hottest political and economic story these […]