Tag: lbo
OECD countries put their weight behind WTO trade talks
OECD – Organisation for Economic Co-operation and Development – countries agree to put their weight behind multilateral trade talks.OECD – Organisation for Economic Co-operation and Development – countries agree to put their weight behind multilateral trade talks. Ministers from rich countries like the US, EU, Japan and from developing countries, like India and China, agreed […]
Ball Game
Laugfs Gas is seeking legal advice to raise prices on a cylinder of LPG, despite the consumer watchdog shooting down its request for a Rs. 110 increase. Laugfs Gas is seeking legal advice to raise prices on a cylinder of LPG, despite the consumer watchdog shooting down its request for a Rs. 110 increase. The […]
World Trade Organisation warns that non-discriminatory trade is in danger
World Trade Organisation(WTO) head warns that the multilateral trade system is heading into the red.World Trade Organisation(WTO) head warns that the multilateral trade system is heading into the red. Addressing journalists at a workshop organised by the Friedrich Ebert Stiftung (FES) – a German non-profit organisation – at the WTO head office in Geneva, Switzerland, […]
Accidents and illnesses at work increasing in developing countries – ILO
Accidents and illnesses at work are increasing in developing countries, with work related illnesses taking the lead, says the International Labour Organisation (ILO. Accidents and illnesses at work are increasing in developing countries, with work related illnesses taking the lead, says the International Labour Organisation (ILO. “According to new estimates by the ILO, the number […]
‘s president pushes tsunami deal with rebels despite threat
Sri Lanka’s president vowed to reach a deal with Tamil rebels on the distribution of aid after the December tsunamis despite the risk it could see her shaky coalition collapse, state-run media said Wednesday.Sri Lanka’s president vowed to reach a deal with Tamil rebels on the distribution of aid after the December tsunamis despite the […]
Sri Lanka’s president pushes tsunami deal with rebels despite threat
Sri Lanka’s president vowed to reach a deal with Tamil rebels on the distribution of aid after the December tsunamis despite the risk it could see her shaky coalition collapse, state-run media said Wednesday.Sri Lanka’s president vowed to reach a deal with Tamil rebels on the distribution of aid after the December tsunamis despite the […]
Oil Pains
COLOMBO (Dow Jones)–As Sri Lanka’s energy companies wilt under the weight of high oil prices, pressure is building on the government to remove gasoline subsidies and reform inefficient state enterprises.COLOMBO (Dow Jones)–As Sri Lanka’s energy companies wilt under the weight of high oil prices, pressure is building on the government to remove gasoline subsidies and […]
About to Blow
Ceylon Electricity Board unions (CEB) will go on a half day token strike tomorrow, protesting against a Cabinet paper to restructure the loss making utility.Ceylon Electricity Board unions (CEB) will go on a half day token strike tomorrow, protesting against a Cabinet paper to restructure the loss making utility. The Government is to take up […]
India, Sri Lanka discuss defence, trade
India and Sri Lanka opened talks here Monday on defence and trade cooperation as both countries pledged to work closely on enhancing bilateral ties, diplomats said.India and Sri Lanka opened talks here Monday on defence and trade cooperation as both countries pledged to work closely on enhancing bilateral ties, diplomats said. Top civil servants of […]
Former US president Clinton to skip Sri Lanka aid meet
Former US president Bill Clinton will not attend a key Sri Lankan foreign aid review this month as scheduled, but will be represented by his deputy, government officials here said Tuesday.Former US president Bill Clinton will not attend a key Sri Lankan foreign aid review this month as scheduled, but will be represented by his […]
Petropolitics
Government subsidized petroleum based products by up to Rs. 16 billion last year and face a similar subsidy this year if fuel prices continue at current levels Government subsidized petroleum based products by up to Rs. 16 billion last year and face a similar subsidy this year if fuel prices continue at current levels Central […]
Central Bank says monetary management was challenging last year due to economic shocks
Central Bank said the economy grew by a slower 5.4 percent last year and expects similar growth this year.The bank also said monetary management was challenging last year due to economic shocks. Central Bank said the economy grew by a slower 5.4 percent last year and expects similar growth this year. The bank also said […]