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CEB to increase prices ?
Electricity bills are also likely to increase because the Ceylon Electricity Board (CEB) is unable to absorb Saturday’s massive fuel price increase, the Power and Energy Ministry said yesterday. Secretary M.M.C. Ferdinando told a media conference the CEB would have to bear an additional... -
Rupee hits all time low, CSE down
Sri Lanka's stock market fell more than 4.5 percent in early trade on Tuesday, breaking through the psychological 5,000-point barrier, as margin calls mounted and the rupee hit a record low. The main share index fell 4.57 percent or 237.54 points weaker at 4,962.44 in early trade, before...- lkdood
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- Forum: News and Updates
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Rupee down 3% in 2 days
Sri Lanka's stock market fell more than 4 percent at one stage on Monday after the government increased fuel prices by 37 percent following a change to foreign exchange policies that allow the rupee to depreciate further. The central bank last Thursday had said it was shifting its foreign...- lkdood
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- Replies: 3
- Forum: News and Updates
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President to Singapore
President Mahinda Rajapaksa of Sri Lanka will be in Singapore for a state visit from February 14-17. Singapore's Ministry of Foreign Affairs said on Monday that President Tony Tan Keng Yam will host the welcome ceremony and state banquet for President Rajapaksa on Wednesday. President... -
US to support UN rights resolution on Sri Lanka
The United States will support a U.N. human rights council resolution asking Sri Lanka to implement recommendations its commission made on the island nation's civil war, an American diplomat said Monday. The resolution would let Sri Lanka explain how it intends to advance ethnic...- lkdood
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- Forum: News and Updates
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US navy ready for Iran
Vice Adm. Mark Fox, commander of the U.S. navy 5th Fleet, told reporters at the naval force's Bahrain headquarters that the Navy has 'built a wide range of potential options to give the president' and is 'ready today' to confront any hostile action by Tehran. The commander said the U.S. Navy... -
Bus fares up 20%, strike ends
Private bus operators have called off their strike after an agreement was made to increase bus fares by 20 per cent. The minimum fare will now be Rs.9, the Lanka Private Bus Owner's Association said. DM -
Top porn site hacked
A hacker claims to have compromised the personal information of more than 350,000 users after breaking into a disused website operated by pornography provider Braz----. Kate Miller, director of communications for site owner Manwin Holding SARL, said Saturday it was "currently investigating... -
Fishermen strike in Negombo
Fishermen in Negombo have decided to boycott fishing from midnight today (13 Feb 2012) citing the increase in fuel prices that have gravely affected their fishing activities. Around 50,000 multi-day, single-day and small time fishermen will refrain from going out to sea from tomorrow, it...- lkdood
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- Replies: 3
- Forum: News and Updates
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Private buses off the roads ?
All private bus operators have threatened to withdraw buses from operation from Sunday midnight in protest of the government's failure to provide them fuel at susidized rates after the price revision on Saturday midnight. Gemunu Wijeratne, the President of the Private Bus Association told... -
Blake, Otero Arrive in SL
US Assistant Secretary of State for South and Central Asia Robert O. Blake and Under Secretary for Civilian Protection, Human Rights and Democracy Maria Otero arrived in Sri Lanka on Saturday night and this morning respectively, officials confirmed today. The two top US diplomats will meet... -
Ranil: Govt. has led people down another precipice
UNP leader Ranil Wickremesinghe charged today that the government literally led the people down the path of another precipice through the increase of fuel prices despite them already enduring numerous other hardships. Addressing people in Ratnapura and Bandaragama, Mr. Wickremesinghe said...- lkdood
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- Forum: News and Updates
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SriLankan losses fly higher
The national carrier, SriLankan Airlines, plans to sell or lease its slots at Heathrow airport in Britain under an extensive review programme as it acknowledged incurring a huge loss for the current financial year. The losses made in 2011/2012... -
Prices of baked goods to increase
The Lanka Bakery Owners' Association is to increase the price of baked goods next week due to the fuel price hike. DM- lkdood
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- Replies: 1
- Forum: News and Updates
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Europe Freeze
Europe Freeze ++ add rep if you like the pictures :D Versoix, Switzerland Garmisch-Partenkirchen, Germany Rome, Italy Rome, Italy Kiev, Ukraine -
Iran cuts off Internet
Iran has cut off access to the Internet, leaving millions of people without access to e-mail and social networks. -
'House' to end
Fox's medical drama "House M.D." will end its run after its current eighth season. In a joint announcement, executive producers David Shore and Katie Jacobs and series star Hugh Laurie said, "After much deliberation, the producers of 'House M.D.' have decided that this season of the show... -
Man arrested for alleged rape
Sri Lanka police say a suspect has been arrested over an alleged rape of a tourist at a hotel in Dikwella in Matara district. The woman lodged a complaint with the Dikwella police stating that a man entered into her hotel room in the night, raped her and escaped. The victim, a German...- lkdood
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- Forum: News and Updates
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Nasheed Family in SL
The wife and daughters of former Maldives' president Mohamed Nasheed have fled to Colombo as violence worsens, a presidential spokesman in Sri Lanka and a family member told AFP Thursday. "His wife and two children arrived and spoke to the president over the phone last evening," a spokesman... -
Maldives: Buddhist statues attacked
Maldives Police said Wednesday a mob had stormed the Maldives national museum and smashed Buddhist statues, an act of vandalism which former president Mohamed Nasheed blamed on Islamic radicals. “A mob entered the museum yesterday (Tuesday). They smashed many statues. This included some...- lkdood
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- Replies: 5
- Forum: News and Updates
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