Author: lbostgadmin
Test Run
Dialog Telekom Ltd., whose shares surged 25 percent on their trading debut today, plans to offer high-speed Internet access on mobile phones as it seeks to cement its place as Sri Lanka’s No. 1 cellular-service provider. Dialog Telekom Ltd., whose shares surged 25 percent on their trading debut today, plans to offer high-speed Internet access […]
Rinse Cycle
Sri Lanka’s cabinet has approved a proposal to enact laws to nab money launderers and expose irregular financial transactions, officials said Friday.Sri Lanka’s cabinet has approved a proposal to enact laws to nab money launderers and expose irregular financial transactions, officials said Friday. The Prevention of Money Laundering Bill and Financial Transactions Reporting Bill, will […]
Dial 110
A new emergency rescue service deploying ambulances at call can save 30 percent of accident victims who die en-route to hospital in dangerous trishaw journeys.A new emergency rescue service deploying ambulances at call can save 30 percent of accident victims who die en-route to hospital in dangerous trishaw journeys. Trishaws or three wheelers are the […]
Hoteliers to catch elephant ride into a big money market next year
Sri Lankan hoteliers to catch an elephant ride into a big money market next year that could see hotel rooms filling up in the off season.Sri Lankan hoteliers to catch an elephant ride into a big money market next year that could see hotel rooms filling up in the off season. The Jetwing and John […]
Cargo Trouble
Soaring fuel prices are squeezing international trade, with global cargo growth – a leading economic indicator of business – slowing over previous years.Soaring fuel prices are squeezing international trade, with global cargo growth – a leading economic indicator of business – slowing over previous years. Traffic results for the first half of this year show […]
Dialog Telekom May Seek Debt Rating to Boost Appeal
Dialog Telekom Ltd., Sri Lanka’s No. 1 mobile-phone company, may seek a debt rating to boost its appeal to investors after completing the island’s biggest share sale, Chief Executive Officer Hans Wijayasuriya said. Dialog Telekom Ltd., Sri Lanka’s No. 1 mobile-phone company, may seek a debt rating to boost its appeal to investors after completing […]
The race for Presidency in Sri Lanka has begun
The Sri Lanka Freedom Party(SLFP) officially announced Prime Minister Mahinda Rajapaksa as the party’s presidential candidate on Thursday.The Sri Lanka Freedom Party(SLFP) officially announced Prime Minister Mahinda Rajapaksa as the party’s presidential candidate on Thursday. The SLFP also announced that Minister of Tourism and Investment Promotions, Anura Bandaranaike, would be Prime Minister in the case […]
Lets Hear It
The controversy ridden CPP system will get a fresh hearing in August, as the telecom watchdog assess public opinion for the interconnection model.The controversy ridden CPP system will get a fresh hearing in August, as the telecom watchdog assess public opinion for the interconnection model. An earlier exercise where consumers wrote in their opinion was […]
Sri Lanka PM wins party nomination for presidency
Sri Lanka’s ruling party has chosen Prime Minister Mahinda Rajapakse as its candidate for the presidency amid a deepening controversy over when the poll should be held, party sources said Wednesday.Sri Lanka’s ruling party has chosen Prime Minister Mahinda Rajapakse as its candidate for the presidency amid a deepening controversy over when the poll should […]
Chinese currency adjustment hits Sri Lankan consumers
China’s currency adjustment last week will trickle down to Sri Lankan consumers as another unwelcome price increase, say local businesses. China’s currency adjustment last week will trickle down to Sri Lankan consumers as another unwelcome price increase, say local businesses. “After the re-valuation of the yuan, the prices of Chinese exports increased by 12 percent,” […]
Budget Talk
Mobile operator Celltel Lanka, is offering per second billing to its pre-paid card segments, as it finds creative ways to remain competitive.Mobile operator Celltel Lanka, is offering per second billing to its pre-paid card segments, as it finds creative ways to remain competitive. Sri Lanka has over 2.2 million mobile subscribers, serviced by four mobile […]
Leave to Appeal
Sri Lanka Telecom on Wednesday said that it will seek special leave to appeal Monday’s Court of Appeal ruling against its 2003 tariff hike.Sri Lanka Telecom on Wednesday said that it will seek special leave to appeal Monday’s Court of Appeal ruling against its 2003 tariff hike. The statement said “The Sri Lanka Telecom Limited […]