Category: Industry
Doctor Says
Public health experts say ‘the right to health’ is unaffordable for Sri Lanka because the government health service can’t afford to pay damages if more people sue.Public health experts say ‘the right to health’ is unaffordable for Sri Lanka because the government health service can’t afford to pay damages if more people sue. Civil rights […]
Short Circuit
The District Court set a May 3 date to decide on the telco industry’s case against the ICT Agency’s rural telecom licensing process.The District Court set a May 3 date to decide on the telco industry’s case against the ICT Agency’s rural telecom licensing process. The court date was made after the ICT Agency filed […]
Top Insurer
The Insurance Board of Sri Lanka has posted Lasinee Seresinhe as it new Director General.The Insurance Board of Sri Lanka has posted Lasinee Seresinhe as it new Director General. Seresinhe was the Officer-in-Charge for the Insurance Board of Sri Lanka for over two years and has been serving the Securities and Exchange Commission (SEC) as […]
Millennium Challenge Corporation of US asks Sri Lanka to whip its economy into shape
Mar 31, 2005 (LBO) – The Millennium Challenge Corporation has asked Sri Lanka to whip its economic plan into suitable shape to access funds in its US$ 1 bn kitty. In 2003, Sri Lanka was among a first batch of 16 developing and least developed countries selected to apply for funding from the Millennium Challenge Account (MCA). […]
Looking East
Sri Lanka is hoping to attract more Chinese tourists to the tsunami-hit island with the introduction of direct air services to Beijing, a top official said Thursday.Sri Lanka is hoping to attract more Chinese tourists to the tsunami-hit island with the introduction of direct air services to Beijing, a top official said Thursday. Ceylon Tourist […]
Invisible Lines
Three months on from the tsunami, the island’s surveyors are finding that their maps dating back to the 1930s are just not enough to assess the damage to the country’s coast. Three months on from the tsunami, the island’s surveyors are finding that their maps dating back to the 1930s are just not enough to […]
Abracadabra
State-run People’s Bank is counting on an asset revaluation plus a Rs. 8 bn cash injection from the Asian Development Bank to stay afloat in the coming years.State-run People’s Bank is counting on an asset revaluation plus a Rs. 8 bn cash injection from the Asian Development Bank to stay afloat in the coming years. […]
Single Window
The birth of new financial services powerhouse that seeks to take capital-related activities to a new paradigm and across national borders, was announced today by the Bartleet Group, Sri Lanka’s pioneering financial services conglomerate.The birth of new financial services powerhouse that seeks to take capital-related activities to a new paradigm and across national borders, was […]
Second Window
The Commercial Bank of Ceylon has extended its reach in Bangladesh with the opening of a branch at the Bangladesh Export Processing Zone Authority (BEPZA) complex in Dhanmondi, a main commercial hub of Dhaka.The Commercial Bank of Ceylon has extended its reach in Bangladesh with the opening of a branch at the Bangladesh Export Processing […]
Fee Offer
Merchant Bank of Sri Lanka will expand its fee based capital market service portfolio in a tie up with Indian investment banking giant SBI Caps on Wednesday. Merchant Bank of Sri Lanka will expand its fee based capital market service portfolio in a tie up with Indian investment banking giant SBI Caps on Wednesday. Among […]
Cross Purposes
Trade unions angry at attempts to overhaul the state utility the Ceylon Electricity Board, pitch against each other as anti-privatisation unions meet the moderates. Trade unions angry at attempts to overhaul the state utility the Ceylon Electricity Board, pitch against each other as anti-privatisation unions meet the moderates. Most of the debt ridden electricity giant’s […]
Hello!
Telecom operator Suntel Ltd is rolling out a US$ 60 mn expansion plan over the next three years, after clinching a slot in the 800 Mhz bandwidth recently, company officials said Tuesday.Telecom operator Suntel Ltd is rolling out a US$ 60 mn expansion plan over the next three years, after clinching a slot in the […]