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 …

Japan issues tsunami warning

The AFP Japanese dest jest reported that an earthquake measuring 8. buy stendra online …

Monday’s earthquake off the nothern tip of Indonesia has been described as an aftershock

Monday's earthquake off the nothern tip of Indonesia has been described as an aftershock, one of many that has been shaking up the region since the 9. online …

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. online pharmacy buy …

Tsunami warning issued by Pacific Tsunami Warning Centre – Earthquake off Sumatra

The Pacific Tsunami Warning Centre just announced that land masses within a 1000 km radius of northern Sumatra could be at risk from a tsunami following an …

Buying Time

A crucial cabinet meeting on restructuring the Ceylon Electricity Board and the Petroleum Corporation has been put off for two weeks, amidst street protests by …

8.5 quake hits Indonesia’s tsunami region

An earthquake measuring 8.5 on the Richter scale rocked northern Sumatra in the same Indonesia region which provoked the Asian tsunami disaster in December, …

Powerful earthquake measuring up to 8.5 on the Richter scale hit Indonesia’s tsunami-devasted Sumatra

AFP reports out from Jakarta said that a powerful earthquake measuring up to 8. buy advair rotahaler online …

Sri Lanka peace talks on ‘backburner’

Sri Lanka's foreign minister ruled out an early resumption of peace talks to end a three-decade conflict with Tamil Tiger rebels but said a deal on disbursing …

Employers blasted the governments watered down hire and fire polices

Employers blasted the governments watered down hire and fire polices, they say, will scare foreign investors and be a bottleneck for restructuring sick …

Asian economic growth is environmentally unsustainable, UN says

Asia's economic growth rates of as much as 10 percent are causing pollution, stripping forests, depleting fisheries resources and causing other unsustainable …

Sethusamudram is for Indian security and will not threaten Sri Lanka economically

India’s US $ 400 mn Sethusamudram canal is aimed at improving Indian security and will not threaten Sri Lanka economically, say experts. India’s US $ 400 …

Tsunami damaged industries need a minimum Rs. 1.2 bn to rebuild businesses

Industrial Development Board says micro, small, medium and large scale industries damaged by the December tsunami need a minimum Rs. 1.2 bn to reestablish …

BOI companies in tax net from April

BOI companies will be pulled into the local tax net for the first time from April this year, through the Economic Service Charge (ESC).buy ivermectin UK buy …

Sri Lanka’s trade deficit narrows to its lowest point, says Central Bank

Despite an upsurge in global oil prices, Sri Lanka's trade deficit narrowed to its lowest point in January, as lower imports of textiles, diamonds, electrical …

Western Provincial Council to decide on BTT increase on Tuesday

The Western Provincial Council(PC) will decide on Tuesday, March 22, whether to go ahead with the proposed increase in Business Turnover Tax (BTT). online …

Tsunami affected coastal retail sector is bouncing back fast according to a survey by A C Nielsen

Tsunami affected coastal retail sector is bouncing back fast according to a survey by A C Nielsen, an international market information company. online pharmacy …

Finance Minister pledged to lower growth in the monetary base, the main instrument in the conduct of Monetary Policy in Sri Lanka

Finance Minister pledged to lower growth in the monetary base, the main instrument in the conduct of Monetary Policy in Sri Lanka, in a letter to the IMF while …

Oil Troubles

Volatile global oil prices could force the government into a funding squeeze in months, as it tries to pay a growing import bill while refusing to raise local …

A top ADB meeting opens Friday, amidst reports that Sri Lanka, India and the Maldives are short of US$ 1.2 bn in aid.

A top meeting of donors opened in Manila today to review the progress of tsunami reconstruction, amidst reports that India, Maldives and Sri Lanka still need …