Category Archives: Economy

School principals protest in Colombo over pay claim

Posted on March 30, 2009 by johnjroberts

Their monthly salary has stagnated at between 18,000 to 24,000 rupees (approximately $US175 to $225). Some would be entitled to 600,000 rupees in arrears if the increments to which they are entitled were paid. Over the same period, the cost … Continue reading →

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Abused Sri Lankan housemaids return to the country

Posted on March 29, 2009 by johnjroberts

Sri Lanka BUSINESS:: Abused Sri Lankan housemaids return to the country Abused Sri Lankan housemaids return to the country Sunday, 29 March 2009 – 8:56 AM SL Time Share On Facebook Lankan News Replies Another group of Sri Lankan house … Continue reading →

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Twin crises hit Sri Lankan Economy

Posted on March 28, 2009 by johnjroberts

Sri Lanka News | Sundayobserver.lk Twin crises hit Sri Lankan Economy Global economic and financial crisis and the home grown crisis have hit the Sri Lankan economy. To get the advantages of the post crisis recovery, Sri Lanka should be … Continue reading →

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Economist Says Credibility of Sri Lanka Central Bank is Eroded

Posted on March 28, 2009 by johnjroberts

Economist Says Credibility of Sri Lanka Central Bank is Eroded March 28, 2009 at 12:47 am · ~ News By Namini Wijedasa A senior economist has warned that the Central Bank’s reactive, defensive and combative role in “talking up the … Continue reading →

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Sri Lanka: Global crisis likely to hit poor hard

Posted on March 27, 2009 by johnjroberts

IRIN UN Office for the Coordination of Humanitarian Affairs SRI LANKA: Global crisis likely to hit poor hard Slide in tea prices in Sri Lanka due to drop in world demand has already forced small plantation owners to cut back … Continue reading →

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Gloomy Prospects in 2009

Posted on March 27, 2009 by johnjroberts

IPS Inter Press Service LABOUR-SRI LANKA: Gloomy Prospects in 2009 Feizal Samath COLOMBO, Jan 2 (IPS) – If the global financial crisis slams the brakes on worker remittances from the Middle East, Sri Lanka’s top foreign exchange earner, it could … Continue reading →

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Global Recession Hits South Asia’s Apparel Industry

Posted on March 27, 2009 by johnjroberts

VOA News – Global Recession Hits South Asia’s Apparel Industry Global Recession Hits South Asia’s Apparel Industry By Anjana Pasricha New Delhi 27 March 2009 South Asia’s export based apparel industry is reeling under the impact of the global recession … Continue reading →

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