Author: LBO
The JVP’s biggest achievements
JVP supremo Somawanse Amerasinghe said among the biggest achievements of the party during the last year was reducing corruption, cutting of waste in ministries, and using the savings to buy a bus for ministry workers to travel.JVP supremo Somawanse Amerasinghe said among the biggest achievements of the party during the last year was reducing corruption, […]
SLT share perk up on Dialog’s IPO pricing
Sri Lanka Telecom shares rose Friday, on investor perceptions that the stock is undervalued compared to the upcoming Dialog Telecom issue, traders said.Sri Lanka Telecom shares rose Friday, on investor perceptions that the stock is undervalued compared to the upcoming Dialog Telecom issue, traders said. More than 2 million SLT shares changed hands Friday with […]
Top British official says Sri Lanka’s rebuilding targets are optimistic
Top British officials say Sri Lanka’s reconstruction targets are optimistic at best, and urges setting up a controversial joint mechanism to share aid in rebel held areas of the North.Top British officials say Sri Lanka’s reconstruction targets are optimistic at best, and urges setting up a controversial joint mechanism to share aid in rebel held […]
Buddhist monk’s life endangered by tsunami aid mechanism
A faction of Buddhist monks in Sri Lanka claim the life of another monk is endangered by the proposed tsunami aid mechanism for the north and east.A faction of Buddhist monks in Sri Lanka claim the life of another monk is endangered by the proposed tsunami aid mechanism for the north and east. The National […]
Sri Lanka’s tourism arrival numbers are up, but beach front properties remain virtually empty
Despite claims that tourist revivals are up 8 percent by May, many of Sri Lanka’s resorts on the southern coast remain almost empty since the tsunami. Despite claims that tourist revivals are up 8 percent by May, many of Sri Lanka’s resorts on the southern coast remain almost empty since the tsunami. Visitors who helped […]
Who’s The Fool?
Tax changes proposed by the last budget got the legislative stamp recently but experts speaking at a forum said the tax system is now even more complicated.Tax changes proposed by the last budget got the legislative stamp recently but experts speaking at a forum said the tax system is now even more complicated. The government […]
Sri Lanka monk ends ‘death fast’ in exchange for talks
A Buddhist monk legislator called off a death fast, a day after Sri Lanka’s president promised to consult the clergy amid growing opposition to her plan to share tsunami aid with Tiger rebels. A Buddhist monk legislator called off a death fast, a day after Sri Lanka’s president promised to consult the clergy amid growing […]
Picture Caption – The coalition government’s Marxist ally on Friday vouched to break away from the Freedom Alliance
Friday-Colombo: The JVP’s top-rung at a press conference in Colombo laugh at a Journalists question asking why the party chose June 15 to break its ties with the government. The coalition government’s Marxist ally on Friday vouched to break away from the Freedom Alliance on June 15, if the President did not withdraw an […]
Sri Lanka’s president in India for talks likely to focus on Tamil rebels
NEW DELHI, June 2 (AFP) – Sri Lanka’s president arrived here Thursday for talks with Indian leaders that are expected to cover Colombo’s plans to strike a controversial tsunami aid-sharing deal with Tamil rebels banned in India.NEW DELHI, June 2 (AFP) – Sri Lanka’s president arrived here Thursday for talks with Indian leaders that are […]
Sri Lanka’s inflation for May creeps up to 12.4%
Sri Lanka’s average inflation for May crept up, but the more responsive point-to-point data showed a declining trend.Sri Lanka’s average inflation for May crept up, but the more responsive point-to-point data showed a declining trend. Sri Lanka’s consumer price index crept up to 12.4 percent in the 12 months to May, up from 11.9 percent […]
Police inspector shot dead after Clinton’s visit to Sri Lanka’s east
Suspected Tiger gunmen shot dead a police officer in Sri Lanka’s troubled east today, hours after former US president Bill Clinton visited the restive region, police said. Suspected Tiger gunmen shot dead a police officer in Sri Lanka’s troubled east today, hours after former US president Bill Clinton visited the restive region, police said. Inspector […]
No takers in Sri Lanka for IFC’s US$ 150 mn loans?
The International Finance Corp.‘s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks.The International Finance Corp.’s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks. […]