Green Power

Renewable energy player Vidulanka Ltd plans to tap the capital markets next year to raise around Rs.265 million to fund upcoming power projects, officials said Wednesday.Renewable energy player Vidulanka Ltd plans to tap the capital markets next year to raise around Rs. 265 million to fund upcoming power projects, officials said Wednesday. The power producer […]

The EU considers banning the LTTE – cracks down on illlegal fund raising

The European Union said Monday that it may ban the LTTE and will no longer receive any Tamil Tiger delegation in its member states until further notice.The European Union said Monday that it may ban the LTTE and will no longer receive any Tamil Tiger delegation in its member states until further notice. “The European […]

‘s Got the Power?

Battle between the board and the management at the monopoly power utility CEB intensified as engineers objected to the board calling for reasons from the General Manager for his conduct.Battle between the board and the management at the monopoly power utility CEB intensified as engineers objected to the board calling for reasons from the General […]

Who’s Got the Power?

Battle between the board and the management at the monopoly power utility CEB intensified as engineers objected to the board calling for reasons from the General Manager for his conduct.Battle between the board and the management at the monopoly power utility CEB intensified as engineers objected to the board calling for reasons from the General […]

Group to raise scientific concerns on Sethu project

The government is putting together an advisory group to present its scientific concerns with India’s proposed Sethusamudram canal project. The government is putting together an advisory group to present its scientific concerns with India’s proposed Sethusamudram canal project. The move is a follow up to the last round of talks in August where India officially […]

Sloth Rate

Sri Lanka moves up three positions in the World Human Development tables, but income poverty remains a problem.Sri Lanka moves up three positions in the World Human Development tables, but income poverty remains a problem. The report released in 2005 is relates to 2003 data. Sri Lanka moved up three places from 96th to 93rd […]

Sri Lanka’s president raps donors for slow progress in post tsunami work

In a serious indictment on the international community, Sri Lankan President Chandrika Kumaratunga has rapped donors for not repatriating funds and delaying post-tsunami reconstruction work, her office said in a statement on Saturday.In a serious indictment on the international community, Sri Lankan President Chandrika Kumaratunga has rapped donors for not repatriating funds and delaying post-tsunami […]

‘s president raps donors for slow progress in post tsunami work

In a serious indictment on the international community, Sri Lankan President Chandrika Kumaratunga has rapped donors for not repatriating funds and delaying post-tsunami reconstruction work, her office said in a statement on Saturday.In a serious indictment on the international community, Sri Lankan President Chandrika Kumaratunga has rapped donors for not repatriating funds and delaying post-tsunami […]

Sri Lanka hopes to contain its 2006’s budget deficit at 8.2 percent of GNP

Sri Lanka hopes to contain its 2006’s budget deficit at 8.2 percent of GNP while keeping total expenses within Rs.1003 billion. Sri Lanka hopes to contain its 2006’s budget deficit at 8.2 percent of GNP while keeping total expenses within Rs. 1003 billion. Cabinet Spokesperson and Health Minister Nimal Siripala de Silva on Friday said […]

Sri Lanka forecasts 2006 budget deficit at 8.2 percent of GNP

Sri Lanka hopes to contain its 2006’s budget deficit at 8.2 percent of gross national product (GNP) while keeping total expenses within Rs.1003 billion. Sri Lanka hopes to contain its 2006’s budget deficit at 8.2 percent of gross national product (GNP) while keeping total expenses within Rs. 1003 billion. Government spending is estimated at Rs. […]

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