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Subcontract
A lquote Reverse Fair quote kicked off Friday that attempts to forge links for subcontracting between small enterprises and five sector-specific industries, here and abroad.
Poverty Alleviation Party
The Samurdhi program is getting a clean up in an attempt to get back on track with the scheme quote s original objective.rn rnWhile, some poverty alleviation has been taking place, high politicization of the scheme has prevented it from helping the poor at large.rn rnThe restructuring of Samurdhi attempts to rid it of its […]
Expected Cut
The Central Bank Thursday lowered its key short-term rates with immediate effect, signaling an improvement in macro economic fundamentals.The bank cut its repurchase rate by 50 basis points to 9.75 percent and the reverse repurchase rate by 100 basis points to 11.75 percent.rn rnCommercial banks and other financial institutions are also expected to reduce their […]
Setting Up Shop
Cisco Systems Inc., Thursday announced plans to expand its presence in Sri Lanka through active participation in the countrys strategy to leverage ICT.With Sri Lankas networking growth above the regional average of 10 per cent, Ciscos President for South Asia, Manoj Chugh says the trend could improve with the ICT strategy.rn rnChugh added that with […]
Band Strategy
A series of concerts by international artists is expected to put Sri Lanka on the centre stage in the global arena.rn rnThe Commerce and Consumer Affairs Ministry initiative will kick off in December with UB40, the UK based reggae band from the 1980s playing to a packed audience at the Parliament in Colombo. rn rnThe […]
Getting Online
The UNF government on Wednesday launched its ambitious strategy to develop Sri Lankas Information Communication and Technology (ICT) sector by 2006. rnThe eSri Lanka road map will act as the blueprint that will guide all stakeholders towards transforming the country into an IT hub. rn rnFive broad areas for development have been identified including implementation […]
Double Digit
rnrnrnrnrnrnrnNew Page 1rnrnrnrnrn Trans Asia Hotelrn rn Earnings for six months ending Sept. 30, 2002rn rn rn rn rn2002 rn2001rn  
Channel Surfing
Households in Sri Lanka can leap-frog into the Internet age with a no-fuss, purse-easy Internet TV facility to be launched in Sri Lanka this week.The facility is launched by Lanka eCom Technologies (LET), a member of the Ceylinco Consolidated Group.rn rnThe unit comprises an easy-to-install Set-top-box and remote keyboard that can convert any colour television […]
Credit Calls
Payphone operator Tritel Services (Pvt) Ltd., is offering its telephone cards to the HSBCs 100,000 credit card customers.HSBCs credit card customers can look forward to the exclusive offer of a bonus of Rs. 200 call minutes on first time activation for charges above Rs.500 and a bonus offer of Rs. 300 call minutes on first […]
Growth Spurt
The government is mobilizing an island wide network of private sector consultants to advise the Small and Medium Scale (SME) sector.rn rnAlready 300 private sector firms have signed up for the initiative, with the government working closely with the International Labor Organisation (ILO) to train new members. rn rnThe fee levying service is expected to […]