Tag: news
Joint Forces
India’s energy sector currently going through an overhaul might see state owned Bharat Petroleum merge with Indian Oil Corp., with repercussions for Sri Lanka. India’s energy sector currently going through an overhaul might see state owned Bharat Petroleum merge with Indian Oil Corp., with repercussions for Sri Lanka. Indian news wires on Thursday said that […]
Running Dry
The Water Board has asked for Danish help to fund a water treatment plant on the right bank of the Kelani River to bridge a 20-mn gallon a day shortfall to Greater Colombo.The Water Board has asked for Danish help to fund a water treatment plant on the right bank of the Kelani River to […]
Shadow Boxing
The Public Utilities Commission will kick off work as a multi-sector watchdog, shadow regulating electricity services and later, the unbundled Ceylon Electricity Board.The Public Utilities Commission will kick off work as a multi-sector watchdog, shadow regulating electricity services and later, the unbundled Ceylon Electricity Board. But the recent Cabinet decision only gives the Commission a […]
‘s inflation nudged up to double digit levels in August
Sri Lanka’s inflation nudged up to double digit levels in August, as a hefty oil bill and a falling rupee took its toll on the economy.Sri Lanka’s inflation nudged up to double digit levels in August, as a hefty oil bill and a falling rupee took its toll on the economy. The Central Bank said […]
Sri Lanka’s inflation nudged up to double digit levels in August
Sri Lanka’s inflation nudged up to double digit levels in August, as a hefty oil bill and a falling rupee took its toll on the economy.Sri Lanka’s inflation nudged up to double digit levels in August, as a hefty oil bill and a falling rupee took its toll on the economy. The Central Bank said […]
‘s leading business chamber urges upward revisions to local fuel prices.
Sri Lanka’s leading business chamber urges upward revisions to local fuel and electricity prices to absorb rising international rates.Sri Lanka’s leading business chamber urges upward revisions to local fuel and electricity prices to absorb rising international rates. The Ceylon Chamber of Commerce met on Thursday to discuss the impacts of increasing international oil prices on […]
The Millennium Challenge Corporation announces the latest criteria to apply for assistance
The Millennium Challenge Corporation (MCC) announces the latest criteria on how developing countries can apply for assistance from its US bn fund in 2005.The Millennium Challenge Corporation (MCC) announces the latest criteria on how developing countries can apply for assistance from its US bn fund in 2005.In May this year a first batch of 16 […]
Gassed Up
Shell Gas may have to jack up prices by as much as Rs.100 a cylinder come September, as it battles a price build up that’s straining its bottom-line.Shell Gas may have to jack up prices by as much as Rs. 100 a cylinder come September, as it battles a price build up that’s straining its […]
Sri Lanka’s leading business chamber urges upward revisions to local fuel prices.
Sri Lanka’s leading business chamber urges upward revisions to local fuel and electricity prices to absorb rising international rates.Sri Lanka’s leading business chamber urges upward revisions to local fuel and electricity prices to absorb rising international rates. The Ceylon Chamber of Commerce met on Thursday to discuss the impacts of increasing international oil prices on […]
Short Circuit
Cabinet Spokesperson Mangala Samaraweera said Thursday that Cabinet approval for an electricity tariff hike was deferred, after no agreement was reached on how much.Cabinet Spokesperson Mangala Samaraweera said Thursday that Cabinet approval for an electricity tariff hike was deferred, after no agreement was reached on how much. “Cabinet didn’t want tariffs for the first 90 […]
Hot Rod
A proposed 23 percent wage hike for Ceylon Electricity Board employees will be taken up tomorrow, appeasing trade unions that threatened to strike work on Wednesday. A proposed 23 percent wage hike for Ceylon Electricity Board employees will be taken up tomorrow, appeasing trade unions that threatened to strike work on Wednesday. The proposed wage […]
Dizzy News
Domestic users will be slapped with a five percent hike in electricity tariffs and an eight percent hike in bus and rail fares, as the Treasury factors in ‘corrections’ to trim its subsidy budget.Domestic users will be slapped with a five percent hike in electricity tariffs and an eight percent hike in bus and rail […]