Author: lbostgadmin
Re-Run
The Sri Lankan government is planning to pass new legislation to re-instate the dismantled, centralised national bus transport system.The Sri Lankan government is planning to pass new legislation to re-instate the dismantled, centralised national bus transport system. To fast track the law the government sent it before the Supreme Court as an urgent Bill last […]
Number Machine
Sri Lankan trade bodies gain access to international trade data base with EU funding.Sri Lankan trade bodies gain access to international trade data base with EU funding. Public and private sector trade organisations in Sri Lanka gained access this week to one of the world’s largest and most detailed trade data bases. Access to the […]
Prove It
Sri Lankan government on fast track campaign to issue over one million identity cards before November 17.Sri Lankan government on fast track campaign to issue over one million identity cards before November 17. “We will allocate the month of September as the national identity card month,” said Tilak Ranaviraja, secretary, Ministry of Public Security, Law […]
Court case leaves Sri Lanka Telecom Rs. 4.5 bn poorer
Sri Lanka Telecom’s credit profile is unlikely to weaken even if the Supreme Court orders the telco to refund about Rs. 4.5 billion in tariffs payments, Fitch Ratings Lanka said Wednesday.Sri Lanka Telecom’s credit profile is unlikely to weaken even if the Supreme Court orders the telco to refund about Rs. 4.5 billion in tariffs […]
Electricity Hell
The CEB has re-issued its gazette announcement to increase electricity charges and has postponed the price increase.The CEB has re-issued its gazette announcement to increase electricity charges and has postponed the price increase. The increase in electricity fixed charges, that was due in August, will hit consumers from October 1, under a new gazette notice […]
Speed Dial
Dialog Telekom on Monday reported a Rs.3.44 bn net profit for the fist half of 2005 – pushing its bottom line up 76.6% over 2004. Dialog Telekom on Monday reported a Rs. 3.44 bn net profit for the fist half of 2005 – pushing its bottom line up 76.6% over 2004. The bottom line increase […]
Late Start
Sri Lanka Telecom says it will need at least six months to deploy its low cost wireless technology, though it’s already feeling the heat from rival networks.Sri Lanka Telecom says it will need at least six months to deploy its low cost wireless technology, though it’s already feeling the heat from rival networks. SLT secured […]
Shrinking Wallets
A tax slapped on all advertising budgets last year has not really tightened purse strings, but companies are thinking twice about the way they spend to grab attention.A tax slapped on all advertising budgets last year has not really tightened purse strings, but companies are thinking twice about the way they spend to grab attention. […]
Setting Up
The US embassy announced the launch of a programme for a tsunami warning system for Indian Ocean countries, on Tuesday.The US embassy announced the launch of a programme for a tsunami warning system for Indian Ocean countries, on Tuesday. The Indian Ocean Tsunami Warning System (IOTWS) program is a two year, US$ 16.6 million project, […]
Thin Roof
The International Organisation for Migration (IOM) Tuesday announced it has completed 3,000 transitional shelters for Sri Lanka’s tsunami survivors.The International Organisation for Migration (IOM) Tuesday announced it has completed 3,000 transitional shelters for Sri Lanka’s tsunami survivors. Some 140 families on the east coast, one of the worst hit by the December 26 giant waves, […]
Anura Bandaranaike takes over as Foreign Minister
Minister Anura Bandaranaike took over as Sri Lanka’s new Minister of Foreign Affairs on Monday, replacing assassinated predecessor Lakshman Kadirgamar. Minister Anura Bandaranaike took over as Sri Lanka’s new Minister of Foreign Affairs on Monday, replacing assassinated predecessor Lakshman Kadirgamar. Bandaranaike, who is also President Chandrika Kumaratunga’s brother, took oaths on Monday evening.He will continue […]
Caution Ahead
As oil threatens to hurtle past US$ 70 a barrel, state oil giant Ceypetco is urging the government to raise prices, with its oil bill likely to shoot past US$ 1.4 billion this year. As oil threatens to hurtle past US$ 70 a barrel, state oil giant Ceypetco is urging the government to raise prices, […]