Category:
Job Hunting
The International Labour Organisation says up to 20 percent of people who lost their livelihood after the tsunami, will switch to different jobs.The International Labour Organisation says up to 20 percent of people who lost their livelihood after the tsunami, will switch to different jobs. “This could mean that thousands abandon their traditional way of […]
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The sign below an exhibit at the Pacific Tsunami Museum in Hilo, Hawaii, claims that Hilo is ‘the tsunami capital of the world.‘ Dr George D. Curtis, the scientific advisor to the museum, covered that sign with his hand and said quietly, ‘now, we’ll have to change that.‘ That is just one of the things […]
Power Troubles
The AES Kelanitissa plant is back after a few days off the grid, after the government stepped in to defuse a crisis that was brewing with the Ceylon Electricity Board.The AES Kelanitissa plant is back after a few days off the grid, after the government stepped in to defuse a crisis that was brewing with […]
Sri Lanka blames rebel split for killings, praises Tigers “restraint”
Sri Lanka’s government blamed splinter factions of the Tamil rebel movement for the slaying of a top guerrilla leader and praised it for the “restraint” it had shown since the killing.Sri Lanka’s government blamed splinter factions of the Tamil rebel movement for the slaying of a top guerrilla leader and praised it for the “restraint” […]
A Visit to the Former “Tsunami Capital”
The sign below an exhibit at the Pacific Tsunami Museum in Hilo, Hawai’i, claims that Hilo is “the tsunami capital of the world.” Dr George D. Curtis, the scientific advisor to the museum, covered that sign with his hand and said quietly, “now, we’ll have to change that. ” That is just one of the […]
Commercial Bank comes out with Bangladesh’s maiden bond paper
Commercial Bank of Ceylon is taking Bangladesh’s nascent capital markets up another step by issuing the country’s first debenture issue shortly. Commercial Bank of Ceylon is taking Bangladesh’s nascent capital markets up another step by issuing the country’s first debenture issue shortly. The 500 mn taka (US$ 7.7 mn) bond issue is likely to carry […]
Number Please
Sri Lanka must provide international and regional disaster warning centres with a 24-hour, 365-day means of contact, say local experts. Sri Lanka must provide international and regional disaster warning centres with a 24-hour, 365-day means of contact, say local experts. "The government needs to designate specific contact points for these institutions to reach us in […]
Double Celebrations
Lanka IOC Ltd., a Sri Lankan fuel retailer, Thursday said its net profit for the nine months to December more than doubled after the company opened more filling stations on the island during that period.Lanka IOC Ltd., a Sri Lankan fuel retailer, Thursday said its net profit for the nine months to December more than […]
Audit Check
Sri Lanka has asked local and international aid agencies to disclose their tsunami-relief operations and sources of funding, saying the information was essential to reduce waste.Sri Lanka has asked local and international aid agencies to disclose their tsunami-relief operations and sources of funding, saying the information was essential to reduce waste. The Finance Ministry in […]
Local Mint
State run National Savings Bank stepped into the lucrative US$ 1.5 bn foreign worker remittances market by offering savings and fixed deposit products. State run National Savings Bank stepped into the lucrative US$ 1.5 bn foreign worker remittances market by offering savings and fixed deposit products. So far, the savings giant has been picking up […]
Makeover
Sri Lanka Telecom says it has appointed MTI Consulting to ‘dress up’ its brand, following an intense global round of competitive bidding.Sri Lanka Telecom says it has appointed MTI Consulting to ‘dress up’ its brand, following an intense global round of competitive bidding. MTI’s task is to take this ‘Legacy Brands’ up to the next […]
In the Dark
Power politics is pushing the Ceylon Electric Board (CEB) into a financial crisis with debts mounting and no increase in revenues. Power politics is pushing the Ceylon Electric Board (CEB) into a financial crisis with debts mounting and no increase in revenues. Government dithering on reforms has put the CEB’s debt restructuring in limbo and […]