Tag: business
India shares tips to combat inflation
A top Indian economist said the Indian experience in dealing with inflation is a model for Sri Lanka.A top Indian economist said the Indian experience in dealing with inflation is a model for Sri Lanka. He says there are many similarities between Sri Lanka’s current macro indicators and those of India in the mid-nineties. Since […]
Water Boost
Jan 21 (LBO) – Sri Lanka’s power utility is heading into the dry season with its reservoirs full, translating into savings on expensive thermal bills and no power shortages on the cards. Last week, Victoria, the country’s largest reservoir, spilled for the first time in over five years, and water levels are topping 80 percent […]
Sri Lanka vows talks amid bombs, Norway plays down hopes
Jan. 19 (AFP) – Four people were killed and 40 wounded in bomb attacks in Sri Lanka as Colombo vowed “every endeavour” to revive peace moves, while a top Norwegian envoy played down hopes of a breakthrough.Jan. 19 (AFP) – Four people were killed and 40 wounded in bomb attacks in Sri Lanka as Colombo […]
‘s trade gap widens 22%
Jan. 19 (LBO) – Sri Lanka’s trade deficit has widened by 22 percent to US$ 2.4 billion for the eleven months in 2005, though foreign remittances helped strengthen the island’s balance of payments, the Central Bank said Thursday Jan.19 (LBO) – Sri Lanka’s trade deficit has widened by 22 percent to US$ 2.4 billion for […]
Sri Lanka’s trade gap widens 22%
Jan. 19 (LBO) – Sri Lanka’s trade deficit has widened by 22 percent to US$ 2.4 billion for the eleven months in 2005, though foreign remittances helped strengthen the island’s balance of payments, the Central Bank said Thursday Jan.19 (LBO) – Sri Lanka’s trade deficit has widened by 22 percent to US$ 2.4 billion for […]
Sri Lanka sends troops as Nordic monitors pull out of Trincomalee
Jan. 18 (AFP) – Sri Lanka poured more troops into the restive northeastern port district of Trincomalee fearing more rebel attacks, as Scandinavian monitors pulled out of the volatile area, officials said.Jan. 18 (AFP) – Sri Lanka poured more troops into the restive northeastern port district of Trincomalee fearing more rebel attacks, as Scandinavian monitors […]
Nordic monitors pull out of district after Sri Lanka blasts
Jan 17, 2006 (AFP) – Scandinavian truce monitors on Tuesday indefinitely suspended work in Sri Lanka’s northeastern port district of Trincomalee after a series of mine attacks.Jan 17, 2006 (AFP) – Scandinavian truce monitors on Tuesday indefinitely suspended work in Sri Lanka’s northeastern port district of Trincomalee after a series of mine attacks. The Norwegian-led […]
Sri Lanka’s import bill gallops ahead of November export earnings
Jan. 17 (LBO) – Sri Lanka’s import bill for the eleven months surged ahead of export earnings for the same period last year due to rising energy costs, but the island’s Central Bank Tuesday left its key interest rates unchanged. Jan. 17 (LBO) – Sri Lanka’s import bill for the eleven months surged ahead of […]
‘s import bill gallops ahead of November export earnings
Jan. 17 (LBO) – Sri Lanka’s import bill for the eleven months surged ahead of export earnings for the same period last year due to rising energy costs, but the island’s Central Bank Tuesday left its key interest rates unchanged. Jan. 17 (LBO) – Sri Lanka’s import bill for the eleven months surged ahead of […]
Mine blasts rock Sri Lanka amid fresh bid to save truce
Jan 17, 2006 (AFP) – Suspected Tiger rebels set off two more mines and fought a gun battle with troops Tuesday as the United Nations urged talks and Norway made a fresh bid to pull Sri Lanka back from the brink of war.Jan 17, 2006 (AFP) – Suspected Tiger rebels set off two more mines […]
Three women gunned down in Sri Lanka ahead of peace moves
Jan 16, 2006 (AFP) – Three women relatives of a Tamil Tiger rebel were shot dead by unidentified attackers in northern Sri Lanka ahead of fresh diplomatic moves to save a troubled truce, officials said Monday.Jan 16, 2006 (AFP) – Three women relatives of a Tamil Tiger rebel were shot dead by unidentified attackers in […]
Tigers condemn attack on truce monitors ahead of diplomat visits
Jan 15 (AFP) – Tamil Tiger rebels Sunday condemned a bomb attack against Scandinavian truce monitors amid fears of more bloodshed ahead of high-level diplomatic visits seeking to pull Sri Lanka back from the brink of war.Jan 15 (AFP) – Tamil Tiger rebels Sunday condemned a bomb attack against Scandinavian truce monitors amid fears of […]