Author: lbostgadmin
Change of Mind
The Sri Lankan government now says it will consider alternatives to the no-building-zone regulation in areas of land shortage.The Sri Lankan government now says it will consider alternatives to the no-building-zone regulation in areas of land shortage. “Our position is very clear. The buffer zone applies but we acknowledge that there are difficulties (of relocating […]
Cheap Deals
Possibly Sri Lanka’s first budget carrier Holiday Air is optimistic about flying from Colombo to 16 destinations alongside SriLankan Airlines by end February 2006.Possibly Sri Lanka’s first budget carrier Holiday Air is optimistic about flying from Colombo to 16 destinations alongside SriLankan Airlines by end February 2006. The no-frills carrier is one of nine contenders […]
Box Rates
Sri Lankan ship agents want a cut in empty container handling tariffs, currently costing between US$ 40 to US$ 50 per 20 foot box.Sri Lankan ship agents want a cut in empty container handling tariffs, currently costing between US$ 40 to US$ 50 per 20 foot box. Agents say close to 100,000 twenty foot containers […]
Sri Lankan military intelligence commander shot dead in Colombo
Suspected Tamil Tiger guerrillas Tuesday shot dead the commanding officer of a Sri Lankan army intelligence unit as he drove to his office in Colombo, the military said. Suspected Tamil Tiger guerrillas Tuesday shot dead the commanding officer of a Sri Lankan army intelligence unit as he drove to his office in Colombo, the military […]
‘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 […]
Update Coming
Draft laws to prevent computer crime get green light from Sri Lanka’s Cabinet and will be gazetted by the end on June.Draft laws to prevent computer crime get green light from Sri Lanka’s Cabinet and will be gazetted by the end on June. “The good news is that after six to seven years of preparation […]
New Number
Sri Lanka Telecom’s fully owned cellular subsidiary rolls out second phase of its GSM network expansion to increase capacity to one million lines. Sri Lanka Telecom’s fully owned cellular subsidiary rolls out second phase of its GSM network expansion to increase capacity to one million lines. Mobitel on Tuesday signed a deal with global telecom […]
Border Trade
Local officials warn that trafficking of women and children could threaten migrant communities who have lost a lifetime of savings in last December’s killer tidal waves.Local officials warn that trafficking of women and children could threaten migrant communities who have lost a lifetime of savings in last December’s killer tidal waves. Waves that battered stretches […]
Singer picks up A+(sri) rating for upcoming debenture
Singer Sri Lanka walked off with a A+(sri) rating from Fitch Ratings Sri Lanka for its upcoming four-year Rs. 500 million debenture. Singer Sri Lanka walked off with a A+(sri) rating from Fitch Ratings Sri Lanka for its upcoming four-year Rs. 500 million debenture. Fitch also affirmed ratings assigned to Singer’s existing debentures of: • […]
Come Clean
The World Bank is backing media and civil society groups to make information a ‘public good’ in Sri Lanka.The World Bank is backing media and civil society groups to make information a ‘public good’ in Sri Lanka. “Rule of law, good governance and GDP growth is much higher in countries with better access to information,” […]
Tax Break
The Inland Revenue is adding priority banking to its list of concessions to good taxpayers.The Inland Revenue is adding priority banking to its list of concessions to good taxpayers. Inland Revenue’s Deputy Commissioner H B Senevirathne said a number of banks have agreed to offer concession to good tax payers, including startup-charge free credit cards […]
”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 […]