Iran seeks more trade with Sri Lanka, offers US$ 10 mn for tsunami relief
Iran gave US$ 10 mn to Sri Lanka for tsunami relief during talks here Thursday on increasing bilateral trade in tea and oil, a government statement said. buy …
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Sri Lanka expects to reign in its galloping inflation in the next few months, but savers will still get a raw deal as the Central Bank fights shy to tighten monetary policy
Sri Lanka expects to reign in its galloping inflation in the next few months, but savers will still get a raw deal as the Central Bank fights shy to tighten …
Unemployement up by 300,000 by year end if tsunami aid not used properly, ILO
Over 300,000 people in Sri Lanka will still be unemployed by the end of this year, if tsunami aid is not properly used, warns the International Labour …
Compensation formula for termination of employees in March
A new compensation formula for termination of employees will come into force in March, says the Labour Ministry. online pharmacy buy spiriva inhaler with best …
The EU fields a team to tsunami hit Asia to decide how € 350 mn should be spent.
The European Commission will field a team to tsunami hit Indonesia and Sri Lanka today, to best decide how to spend € 350 mn for reconstruction work. buy …
Rs 6 bn fertiliser subsidy to be replaced by more farmer-friendly subsidy
The Ministry of Agriculture says it will cancel the current Rs 6 bn fertiliser subsidy for a more farmer-friendly subsidy scheme this year. The Ministry of …
IMF says the Central Bank should tackle higher than target monetary aggregates that are subsidising big corporations at the expense of poor savers
IMF says the Central Bank should tackle higher than target monetary aggregates that are subsidizing big corporations at the expense of poor savers. online …
Power Troubles
The AES Kelanitissa plant is back after a few days off the grid, after the government stepped in to defuse a crisis that was brewing with the Ceylon …
A Visit to the Former “Tsunami Capital”
The sign below an exhibit at the Pacific Tsunami Museum in Hilo, Hawai’i, claims that Hilo is “the tsunami capital of the world.” Dr George D. Curtis, …
Sri Lanka blames rebel split for killings, praises Tigers “restraint”
Sri Lanka's government blamed splinter factions of the Tamil rebel movement for the slaying of a top guerrilla leader and praised it for the "restraint" it had …
Double Celebrations
Lanka IOC Ltd., a Sri Lankan fuel retailer, Thursday said its net profit for the nine months to December more than doubled after the company opened more …
In the Dark
Power politics is pushing the Ceylon Electric Board (CEB) into a financial crisis with debts mounting and no increase in revenues. Power politics is pushing …
NGOs to register with govt., to help state better coordinate relief work
The Finance Ministry Wednesday set up a new office under its External Resources Department (ERD) to coordinate non-government organisations (NGO) post tsunami …
Water Works
Australia is giving away 70 water purifiers, each worth A$ 5,000, to tsunami affected communities. Australia is giving away 70 water purifiers, each worth A$ …
Tsunami a blessing in disguise for Sri Lanka’s economy
The Indian Ocean tsunamis killed 31,000 people in Sri Lanka and caused unprecedented damage, but were also a blessing to its economy which had been heading for …
Five Tigers, including regional chief killed in Sri Lanka ambush
A Tamil Tiger leader was killed together with four other rebels in eastern Sri Lanka Monday in what appeared to be an internecine clash, government military …
Fresh fears of war in Sri Lanka amid slaying of top Tiger
Sri Lanka Tuesday expressed fears of a return to war after the slaying of a top Tiger rebel amid moves by peace broker Norway and foreign lenders to rebuild …
The government is hoping to decide the fate of previously approved and now invalid coastal building projects, including hotels, on Tuesday
The government is hoping to decide the fate of previously approved and now invalid coastal building projects, including hotels, on Tuesday. The government is …
Tsunami survivors protest corrupt aid distribution
Hundreds of tsunami survivors in Sri Lanka took to the streets in southern Matara district to protest corrupt aid distribution, police said. buy tadasiva …
Getting Nowhere
Shell Gas Lanka Ltd, a unit of Royal/Dutch Shell Group, is seeking for some 'emergency tsunami aid' from the Sri Lankan government, after six months lag on …