Author: lbostgadmin
Sri Lanka Marxists issue deadline to drop aid-sharing deal with Tigers
Sri Lanka’s coalition plunged into deeper crisis Friday as a key partner gave the president five days to back off from an aid-sharing deal with rebels or risk losing the government. Sri Lanka’s coalition plunged into deeper crisis Friday as a key partner gave the president five days to back off from an aid-sharing deal […]
India discusses defence pact with Sri Lanka
Negotiations were under way between India and Sri Lanka for a defence cooperation pact, visiting Indian Foreign Minister Natwar Singh said here Friday as his hosts faced a deepening political crisis. Negotiations were under way between India and Sri Lanka for a defence cooperation pact, visiting Indian Foreign Minister Natwar Singh said here Friday as […]
Angry Tones
Dozens of Buddhist monks and their followers blocked a main highway to President Chandrika Kumaratunga’s home Friday demanding she withdraw plans to enter into an aid sharing deal with Tamil Tiger rebels, witnesses said.Dozens of Buddhist monks and their followers blocked a main highway to President Chandrika Kumaratunga’s home Friday demanding she withdraw plans to […]
Better Dialogue
Sri Lanka’s largest cellular operator Dialog Telekom, has lined up international roadshows in Asia, Middle East and Europe next week to drum up support for its upcoming public offering, officials said Friday.Sri Lanka’s largest cellular operator Dialog Telekom, has lined up international roadshows in Asia, Middle East and Europe next week to drum up support […]
Subsidised loans
Sri Lanka’s labour ministry says the government is introducing a loan scheme to give subsidised housing loans, to beneficiaries of a state managed retirement fund, using money taken from the fund at rock bottom rates.Sri Lanka’s labour ministry says the government is introducing a loan scheme to give subsidised housing loans, to beneficiaries of a […]
Missing Money
The Inland Revenue says it is due around Rs 24 billion as back taxes from indirect taxes like GST, VAT, Turnover Tax and the National Security Levy (NSL).The Inland Revenue says it is due around Rs 24 billion as back taxes from indirect taxes like GST, VAT, Turnover Tax and the National Security Levy (NSL). […]
Generate more decent jobs; ILO
Fast growing wealth but slow growing jobs threat to international security and democracy, says the International Labour Organisation.Fast growing wealth but slow growing jobs threat to international security and democracy, says the International Labour Organisation. “This global jobs crisis is the most pressing political issue of our time”, ILO Director-General Juan Somavia told more than […]
More Headaches
Mental illnesses like depression and anxiety, is expected to increase by five to ten percent in Sri Lanka due to tsunami trauma, says World Health Organisation(WHO).Mental illnesses like depression and anxiety, is expected to increase by five to ten percent in Sri Lanka due to tsunami trauma, says World Health Organisation(WHO). Due to lack of […]
Full Board
Tsunami ravished beach resorts Eden Hotel and Riverina Hotels collect Rs.200 million from insurance. Tsunami ravished beach resorts Eden Hotel and Riverina Hotels collect Rs. 200 million from insurance. The hotels managing company, the Confifi Group on Thursday told shareholders that negotiations with the insurers had been completed with the parties agreeing to pay Rs.97.5 […]
Extended Credit
Sri Lanka’s DFCC Bank is in line to pick up over US$ 250 million worth of concessionary funding lines this year, as it looks for ways to expand its loan book, a senior official said. Sri Lanka’s DFCC Bank is in line to pick up over US$ 250 million worth of concessionary funding lines this […]
Marxists signal quitting Sri Lanka coalition
Sri Lanka’s Marxists, key coalition partners of President Chandrika Kumaratunga, announced Wednesday they will block her plan to share tsunami aid with Tamil Tiger rebels even if the move leads to a collapse of government.Sri Lanka’s Marxists, key coalition partners of President Chandrika Kumaratunga, announced Wednesday they will block her plan to share tsunami aid […]
More Buddhist monks join in protest as JVP threatens to quit government
Sri Lankan Buddhist monks sit while fasting to protest government plans for a deal with Tamil Tiger rebels to share tsunami aid, in Colombo 08 June 2005. Nationalist Buddhist monks oppose concessions to the Tamil Tigers before they lay down arms and enter main stream politics. Pix Sena Vidanagama More Buddhist monks joined a protest […]