Category: Industry
Border Trade
Local officials warn that trafficking of women and children could threaten migrant communities who have lost a lifetime of savings in last December’s killer tidal waves.Local officials warn that trafficking of women and children could threaten migrant communities who have lost a lifetime of savings in last December’s killer tidal waves. Waves that battered stretches […]
Tax Break
The Inland Revenue is adding priority banking to its list of concessions to good taxpayers.The Inland Revenue is adding priority banking to its list of concessions to good taxpayers. Inland Revenue’s Deputy Commissioner H B Senevirathne said a number of banks have agreed to offer concession to good tax payers, including startup-charge free credit cards […]
Guessing Game
The head of government’s Strategic Enterprises Management Authority (SEMA) says proposals to build two coal power plants would be accepted to overcome energy crisis as key unions opposed donor-backed reforms.The head of government’s Strategic Enterprises Management Authority (SEMA) says proposals to build two coal power plants would be accepted to overcome energy crisis as key […]
The Challenge
A think tank said implementation will be the main challenge for the government now that donors have pledged the full tsunami reconstruction requirement. A think tank said implementation will be the main challenge for the government now that donors have pledged the full tsunami reconstruction requirement. The Institute of Policy Studies says transparency and accountability […]
Road Across
Japan on Friday gave close to US$ 10 million to Sri Lanka to construct a bridge across the Mahaweli River – a link on the A-11 road, which is a key access route to the east coast.Japan on Friday gave close to US$ 10 million to Sri Lanka to construct a bridge across the Mahaweli […]
Air Assets
European truce monitors in Sri Lanka have warned that the “air assets” of separatist Tamil Tiger rebels could re-ignite war on the island and destabilise security in South Asia.European truce monitors in Sri Lanka have warned that the “air assets” of separatist Tamil Tiger rebels could re-ignite war on the island and destabilise security in […]
Steering Off
Shippers and ship agents say a lack of commitment from consecutive governments is eroding Sri Lanka’s advantages in the maritime business. Shippers and ship agents say a lack of commitment from consecutive governments is eroding Sri Lanka’s advantages in the maritime business. A Ceylon Chamber of Commerce forum on port development and its impact on […]
Boarding Now
Sri Lanka’s aviation regulator is to pick two of nine contenders including Jetwing Travels, to fly alongside national carrier SriLankan Airlines on international routes.Sri Lanka’s aviation regulator is to pick two of nine contenders including Jetwing Travels, to fly alongside national carrier SriLankan Airlines on international routes. The country’s aviation apex body called for Expressions […]
Early Bird
Malaysia’s successful budget carrier AirAsia, is in early talks with Sri Lanka’s aviation authorities as it eyes Colombo for its next regional expansion.Malaysia’s successful budget carrier AirAsia, is in early talks with Sri Lanka’s aviation authorities as it eyes Colombo for its next regional expansion. “We are at very early stages. We have just started […]
Big Hello
MTN Networks handed in an application on Thursday to list up to 10 percent of its issued share capital on the Colombo bourse.MTN Networks handed in an application on Thursday to list up to 10 percent of its issued share capital on the Colombo bourse. The issue is likely to open by August 2005, and […]
Shopping Around
The tsunami alters tourism industry dynamics in Sri Lanka with more visitors coming for a shopping experience rather than the traditional sun and sand break.The tsunami alters tourism industry dynamics in Sri Lanka with more visitors coming for a shopping experience rather than the traditional sun and sand break. Analysts from Asia Securities – a […]
Seconds Off
Sri Lanka’s commercial 3G licensing process is taking time to materialize as policymakers grapple over compensation for relocating current users in the spectrum table.Sri Lanka’s commercial 3G licensing process is taking time to materialize as policymakers grapple over compensation for relocating current users in the spectrum table. A proposed spectrum reallocation process in 2003 sought […]