Author: lbostgadmin
Rajapaksa only Sri Lankan candidate at Presidential polls
Sri Lanka’s ruling party says it is lining up political support behind Prime Minister Mahinda Rajapaksa, as the common national candidate for Presidential polls. Sri Lanka’s ruling party says it is lining up political support behind Prime Minister Mahinda Rajapaksa, as the common national candidate for Presidential polls. The Sri Lanka Freedom Party (SLFP), says […]
Cost of living increasing but at slower pace
Cost of living in Sri Lanka still going up despite the contribution by the Yala harvest, says the Central Bank.Cost of living in Sri Lanka still going up despite the contribution by the Yala harvest, says the Central Bank. Prices dropped in August, compared to July, reflecting the historic seasonal pattern because of the influx […]
Solid Base
An irrigation tank-centered farmer community in Angunakolapelessa, whose historic livelihood is threatened by the deterioration of the nucleus of its existence, will receive a new lease of life through a second rural tank rehabilitation project launched recently by Hayleys Group. An irrigation tank-centered farmer community in Angunakolapelessa, whose historic livelihood is threatened by the deterioration […]
Facing competition in the tea cup
Sri Lankan tea is facing increased competition form other tea producing countries with lower costs of production and younger plantations. Emerging tea producing countries are also testing the waters for stronger brand building and marketing.Indonesia, Argentina, Malawi, Tanzania, though not new to the tea trade are steeling a march over Sri Lanka on price, with […]
Swapping Plates
A motorcycle with one of the new number plats registered in the Western Province. Sri Lanka’s motor traffic department is drastically changing its “English” numbering of vehicles and returning to the old format while retaining the new-type number plates. LBO Photo Sri Lanka’s motor traffic department is drastically changing its “English” numbering of vehicles and […]
Off The Curb
The 2005 Jeep Grand Cherokee parked outside the agent’s showroom during Tuesday’s launch. The US$ 11,600 four wheel drive, joins Sri Lanka’s craze for sports utility vehicle. Sri Lanka’s car industry has been hit by a tsunami of different sorts after the government jacked up import taxes. (LBO Photo) Sri Lanka’t jacked up taxes to […]
Safe Flight
Sri Lanka’s air travel safety measures all in place and enforced, says the island’s Civil Aviation Authority.Sri Lanka’s air travel safety measures all in place and enforced, says the island’s Civil Aviation Authority. The Aviation Authority’s assurance comes after five airline accidents in other parts of the world, within the month of August. This week, […]
Burning Issues
Sri Lanka has sent out feelers to the Indian government for fresh round of supplier credit, as soaring world crude prices pushes fuel subsidy payments to US$ 200 million this year.Sri Lanka has sent out feelers to the Indian government for fresh round of supplier credit, as soaring world crude prices pushes fuel subsidy payments […]
Better Late
Agreement to commission Norochcholai coal power plant signed in China, on Tuesday.“Ceylon Electricity Board (CEB) Chairman Ranjit Fonseka and China National Machinery and Equipment Import and Export Corporation representative, Xia Biao signed the MoU,” said a statement from the President’s office on Tuesday. “Presidents Chandrika Kumaratunga and Hu Jintao witnessed the signing in Beijing,” said […]
Broken Promises
Sri Lanka’s Constitutional Council in limbo because Muslim political parties cannot agree on a Muslim representative.Sri Lanka’s Constitutional Council in limbo because Muslim political parties cannot agree on a Muslim representative. Sri Lanka is heading into another election with no hint of the long promised Election Commission. But this time, even the Constitutional Council – […]
Will Asia meet its MDGs?
World leaders will gather in New York in September to assess progress towards the Millennium Development Goals (MDGs) they set five years ago.When they look to Asia and the Pacific the picture will be mixed.World leaders will gather in New York in September to assess progress towards the Millennium Development Goals (MDGs) they set five […]
Buying Online
Sri Lanka Telecom on Monday said it had automated its procurement system and put it online to speed up delivery from its suppliers.Sri Lanka Telecom on Monday said it had automated its procurement system and put it online to speed up delivery from its suppliers. Local and foreign suppliers will register and access all detail […]