Making Growth

The lagging effects of the agriculture sector took a chunk of growth off Sri Lanka’s industrial sector which contributed 36 percent to the country’s GDP growth.The lagging effects of the agriculture sector took a chunk of growth off Sri Lanka’s industrial sector which contributed 36 percent to the country’s GDP growth. The Central Bank in […]

Sri Lanka evacuates coastline fearing another tsunami

Thousands of coastal residents in Sri Lanka fled their coastal homes Tuesday after the government issued a tsunami alert following a powerful quake off the Indonesian island of Sumatra.Thousands of coastal residents in Sri Lanka fled their coastal homes Tuesday after the government issued a tsunami alert following a powerful quake off the Indonesian island […]

Cross Purposes

Trade unions angry at attempts to overhaul the state utility the Ceylon Electricity Board, pitch against each other as anti-privatisation unions meet the moderates. Trade unions angry at attempts to overhaul the state utility the Ceylon Electricity Board, pitch against each other as anti-privatisation unions meet the moderates. Most of the debt ridden electricity giant’s […]

Sri Lanka evacuates its residents

Sri Lanka issued a tsunami warning to residents around the coast of the island as an earthquake measuring 8.5 on the Richter scale hit the west cost of northern Sumatra, Indonesia. Sri Lanka issued a tsunami warning to residents around the coast of the island as an earthquake measuring 8.5 on the Richter scale hit […]

Police say no receding water levels yet

It has been about two and half hours since the 8.2 earth quake that struck the northern coast of Indonesia with no receding water levels are reported. It has been about two and half hours since the 8.2 earth quake that struck the northern coast of Indonesia with no receding water levels are reported. The […]

Three hours and no tsunami yet

It is now just over three hours since the 8.2 earth quake that struck the northern coast of Indonesia with no significant drop in sea water levels are reported. It is now just over three hours since the 8.2 earth quake that struck the northern coast of Indonesia with no significant drop in sea water […]

Sri Lanka resurrects its Bribery Commission

Sri Lanka reactivated its dormant Bribery Commission by appointing retired Supreme Court Judge Ameer Ismail to head the three member panel.Sri Lanka reactivated its dormant Bribery Commission by appointing retired Supreme Court Judge Ameer Ismail to head the three member panel. With Ismail’s appointment, the “three-member Commission to Investigate Allegations of Bribery and Corruption (CIABOC) […]

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