Raining Rights

A new draft water policy, to manage Sri Lanka’s surface and ground water, including rainwater, is waiting Mahaweli Ministry approval.A new draft water policy, to manage Sri Lanka’s surface and ground water, including rainwater, is waiting Mahaweli Ministry approval. “We have made certain amendments to the 2003 water policy.It will go for a public consultation […]

Powers that Be

Sri Lanka’s electricity sector trade unions to present new reforms model to government on Monday.Sri Lanka’s electricity sector trade unions to present new reforms model to government on Monday. “All the unions will meet on Friday to finalise a new proposal for electricity reforms.We hope to present the final paper to the Ministry of Power […]

False Charge

A consumer lobby on Monday argued in the Court of Appeal that approval for Sri Lanka Telecom’s last tariff increase was not within the telecom watchdog’s authority. A consumer lobby on Monday argued in the Court of Appeal that approval for Sri Lanka Telecom’s last tariff increase was not within the telecom watchdog’s authority. The […]

Quick Dial

Cellular operator Celltel will bring forward its 2006 network expansion plans, increasing its coverage map to cover 52 percent of the island’s population.Cellular operator Celltel will bring forward its 2006 network expansion plans, increasing its coverage map to cover 52 percent of the island’s population. Celltel’s sixth phase of expansion will take its network capacity […]

Going Online

Banking giant HNB will launch its payment gateway on May 25, the second Sri Lankan online credit card payment processing system after Sampath Bank. Banking giant HNB will launch its payment gateway on May 25, the second Sri Lankan online credit card payment processing system after Sampath Bank. Sri Lanka Insurance and mobile operator Celltel […]

India puts off US$ 30 mn in loan repayments over three years

India on Tuesday said it would postpone up to US$ 30 million in debt repayment over the next three years.India on Tuesday said it would postpone up to US$ 30 million in debt repayment over the next three years. The Finance Minister meanwhile hopes to leverage India’s commitment to push the Paris Club to extend […]

Thinking Cap

KANDY — The International Monetary Fund may consider reviving a loan to Sri Lanka if the government provides it with clear plans to reduce poverty and develop the rural economy, an IMF official said.KANDY — The International Monetary Fund may consider reviving a loan to Sri Lanka if the government provides it with clear plans […]

‘s expectations well realized at the Development Forum

Finance Minister Sarath Amunugama says the government’s expectations have been well realized at the end of the first day’s sessions at Sri Lanka Development Forum 2005.Finance Minister Sarath Amunugama says the government’s expectations have been well realized at the end of the first day’s sessions at Sri Lanka Development Forum 2005. The two day forum […]

JHU takes protest against the proposed joint mechanism to the Kandy Development Forum

Kandy, Sri Lanka: Buddhist monk legislator Athuraliya Ratana makes an unscheduled address at a meeting of international aid donors in Kandy, Sri Lanka 16 May 2005 denouncing President Chandrika Kumaratunga’s  plans to enter into a controversial deal with Tiger rebels.   AFP PHOTO/LR/aj The Jathika Hela Urumaya (JHU) – a political party made up of Buddhist […]

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