Category:
‘ line up for biggest free lunch buffet
Sri Lankan school children and women stand in a queue as they wait for a free lunch offered by a charity organisation 26 March 2005 at the tourist resort town of Hikkaduwa in southern Sri Lanka as the region marks the three-month anniversary of the December 2004 tsunamis that killed nearly 400 people in the […]
Tick Tick
Three twisted carriages stand as a grim reminder of the December tsunamis that engulfed the “Ocean Queen” train, sending more than 1,000 passengers to their deaths and ripping up the tracks. Three twisted carriages stand as a grim reminder of the December tsunamis that engulfed the “Ocean Queen” train, sending more than 1,000 passengers to […]
Sri Lanka peace talks on ‘backburner’
Sri Lanka’s foreign minister ruled out an early resumption of peace talks to end a three-decade conflict with Tamil Tiger rebels but said a deal on disbursing tsunami relief was possible. Sri Lanka’s foreign minister ruled out an early resumption of peace talks to end a three-decade conflict with Tamil Tiger rebels but said a […]
Primary dealers criticise interest rate policy uncertainty
Primary dealers criticized interest rate policy uncertainty and have resisted Central Bank moves to increase their minimum capital requirement.Primary dealers criticized interest rate policy uncertainty and have resisted Central Bank moves to increase their minimum capital requirement. A proposal to bring in a risk weighting for capital, over time is expected to go to the […]
Good Cooperation
A top Emirates Airline executive says traffic to Sri Lanka is picking up after the December tsunami but the country and industry still face many challenges. A top Emirates Airline executive says traffic to Sri Lanka is picking up after the December tsunami but the country and industry still face many challenges. rates owns an […]
Waters Edge
Government hiked charges for pipe-borne water last month as part of a string of subsidy reversals. Government hiked charges for pipe-borne water last month as part of a string of subsidy reversals. However pipe borne water accounts for a fraction of the water consumed in Sri Lanka. Subsidies continue for most of the other water […]
Fantasy Island
Traders at Hikkaduwa protest the 100-metre buffer zone that is preventing them from rebuilding their damaged shops. The entire Hikkaduwa town is within the 100 metre zone. – AFP Sri Lankans are adept at reading the future – they see what’s coming, but sadly, being stuck on an island, have little room to run. Traders […]
Call for You
Lanka Bell and Suntel received spectrum from the Telecommunication Regulatory Commission (TRC) to deploy CDMA technology in Sri Lanka. Lanka Bell and Suntel received spectrum from the Telecommunication Regulatory Commission (TRC) to deploy CDMA technology in Sri Lanka. Lanka Bell says they expect to complete the first phase of their deployment in three months. Telecom […]
Employers blasted the governments watered down hire and fire polices
Employers blasted the governments watered down hire and fire polices, they say, will scare foreign investors and be a bottleneck for restructuring sick businesses.Employers blasted the governments watered down hire and fire polices, they say, will scare foreign investors and be a bottleneck for restructuring sick businesses. Top chambers led by the Joint Business Forum […]
”
Sri Lanka’s foreign minister ruled out an early resumption of peace talks to end a three-decade conflict with Tamil Tiger rebels but said a deal on disbursing tsunami relief was possible. Sri Lanka’s foreign minister ruled out an early resumption of peace talks to end a three-decade conflict with Tamil Tiger rebels but said a […]
Cyanide Capsule
Moves by the Sri Lankan government to slip in a law to mandate a pay hike among private businesses, has irked top trade chambers and the Employers’ Federation of Ceylon.Moves by the Sri Lankan government to slip in a law to mandate a pay hike among private businesses, has irked top trade chambers and the […]
Asian economic growth is environmentally unsustainable, UN says
Asia’s economic growth rates of as much as 10 percent are causing pollution, stripping forests, depleting fisheries resources and causing other unsustainable environmental losses, a senior United Nations official said. Asia’s economic growth rates of as much as 10 percent are causing pollution, stripping forests, depleting fisheries resources and causing other unsustainable environmental losses, a […]