Tag: Sri Lanka
Giving Up
Bowing down to trade unions, the government has said it will not ratify a Cabinet paper to restructure the loss making Ceylon Electricity Board, and will re-draw the reform plan.Bowing down to trade unions, the government has said it will not ratify a Cabinet paper to restructure the loss making Ceylon Electricity Board, and will […]
Backdoor Move
Ceylon Electricity Board unions staged a walkout on Friday protesting against a Cabinet paper passed two days ago, they say was shoved through the backdoor.Ceylon Electricity Board unions staged a walkout on Friday protesting against a Cabinet paper passed two days ago, they say was shoved through the backdoor. The Cabinet on Wednesday evening passed […]
Plugging Leaks
Ceypetco is pinning hopes on extended supplier credit from Malaysia and formula adjusted prices to plug a Rs.5.5 bn hole in the first 4 months this year.Ceypetco is pinning hopes on extended supplier credit from Malaysia and formula adjusted prices to plug a Rs. 5.5 bn hole in the first 4 months this year. The […]
Backfired
Largely JVP led unions refuse to consider an alternate reform model for the loss making Electricity Board, rejecting the new Cabinet paper that was passed on Wednesday.Largely JVP led unions refuse to consider an alternate reform model for the loss making Electricity Board, rejecting the new Cabinet paper that was passed on Wednesday. The now […]
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 […]
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 […]
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 […]
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 […]
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 […]
‘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 […]
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 […]