Tag: lankabusinessonline
BOI aims for record foreign investment flows
Government’s investment promotion agency is gunning for fivefold growth in investment flows this year but it is not sure where the money is going to come from.Government’s investment promotion agency is gunning for fivefold growth in investment flows this year but it is not sure where the money is going to come from. Investment Promotions […]
Red Bottom
Shell Gas Lanka Ltd, a unit of Royal/Dutch Shell Group, warned Sunday that gas supplies may stop because company losses ballooned to Rs.742 million after the authorities resisted calls for a retail price increase.Shell Gas Lanka Ltd, a unit of Royal/Dutch Shell Group, warned Sunday that gas supplies may stop because company losses ballooned to […]
Sinking
Ceylon Electricity Board (CEB) wants government to support consumer subsidies as part of a plan to stop losing large sums of money every day.Ceylon Electricity Board (CEB) wants government to support consumer subsidies as part of a plan to stop losing large sums of money every day. Monopoly electricity supplier the CEB is selling power […]
Sri Lanka’s Central Bank Governor denies resignation rumours
Sri Lanka’s central bank governor Sunday denied news reports that he has been asked to make way for senior presidential advisor Nivard Cabraal. Sri Lanka’s central bank governor Sunday denied news reports that he has been asked to make way for senior presidential advisor Nivard Cabraal. The report claimed that Governor Sunil Mendis, who is […]
Suicide attack sinks Sri Lankan navy gunboat, 15 sailors killed
Suspected Tamil rebels blew up a naval gunboat Saturday killing 15 Sri Lankan sailors in a suicide attack that caused the biggest military loss of life since a truce began four years ago, the defence ministry said.Suspected Tamil rebels blew up a naval gunboat Saturday killing 15 Sri Lankan sailors in a suicide attack that […]
Search for Sri Lankan gun boat after offshore blast
COLOMBO, Jan 7 (AFP) – A powerful offshore explosion was heard in Sri Lanka’s northeastern port district of Trincomalee early Saturday, shortly after two naval patrol craft put out to sea, police said.COLOMBO, Jan 7 (AFP) – A powerful offshore explosion was heard in Sri Lanka’s northeastern port district of Trincomalee early Saturday, shortly after […]
Suicide attack sinks Sri Lankan navy gunboat with 15 sailors
Suspected Tamil Tiger rebels blew up a Sri Lankan navy gunboat with 15 sailors in a suicide attack that inflicted the biggest single loss during a four-year-old truce, the defence ministry said.Suspected Tamil Tiger rebels blew up a Sri Lankan navy gunboat with 15 sailors in a suicide attack that inflicted the biggest single loss […]
US concerned over violence flare-up in Sri Lanka, seeks peace talks
WASHINGTON, Jan 6 (AFP) – US Secretary of State Condoleezza Rice has voiced concern over a flare-up of violence in Sri Lanka, and hopes Colombo and Tamil Tiger rebels will resume talks to reinforce their fragile truce, the State Department said.WASHINGTON, Jan 6 (AFP) – US Secretary of State Condoleezza Rice has voiced concern over […]
Economic Summit to assess peace process and economic policy.
The Ceylon Chamber of Commerce, Economic Summit to assess peace process and national economic policy.The Ceylon Chamber of Commerce, Economic Summit to assess peace process and national economic policy. The Sri Lanka Economic Summit 2006 on ‘Economic Growth: Towards National Prosperity’ will be held on January 27 and 28, 2006, at the Cinnamon Grand Hotel. […]
Green channel clearance at Customs, for select importers
Green channel, quick clearance at Sri Lanka Customs, for select importers, within the month of January. Green channel, quick clearance at Sri Lanka Customs, for select importers, within the month of January. Customs says it will allow electronic cargo clearance for selected importers under its Gold Card scheme. “Electronic clearance of imports was not possible […]
Tamils demand action against troops for killing students
Sri Lanka’s main Tamil political party Tuesday demanded an independent probe and action against the military for gunning down five Tamil students in the restive northeastern port town of Trincomalee.Sri Lanka’s main Tamil political party Tuesday demanded an independent probe and action against the military for gunning down five Tamil students in the restive northeastern […]
Five killed in Sri Lanka blast
COLOMBO, Jan 2 (AFP) – A powerful bomb exploded in Sri Lanka’s restive northeastern town of Trincomalee Monday, killing five people and wounding two, police said. COLOMBO, Jan 2 (AFP) – A powerful bomb exploded in Sri Lanka’s restive northeastern town of Trincomalee Monday, killing five people and wounding two, police said. The victims were […]