Category: Industry
Single Sky
Sri Lanka may soon have to amend its European bilateral Air Service Agreements to allow for a Common Sky, as the EU starts to push the buttons to fall in line.Sri Lanka may soon have to amend its European bilateral Air Service Agreements to allow for a Common Sky, as the EU starts to push […]
Head Count
Sri Lanka will take a headcount of its IT professionals to help match supply with private sector demand for the trained personnel.Sri Lanka will take a headcount of its IT professionals to help match supply with private sector demand for the trained personnel. The census is part of a US$ 12,000 study to help policy […]
Wait Up
Sri Lanka’s domestic banks are still far from coming to grips with modern risk management techniques, though branches of foreign banks were coping better, a survey that was out in November, has revealed.Sri Lanka’s domestic banks are still far from coming to grips with modern risk management techniques, though branches of foreign banks were coping […]
Bitter Battles
Depositors of the failed Pramuka Bank have demanded Rs.6 bn in damages from its regulator, Sri Lanka’s Central Bank.Depositors of the failed Pramuka Bank have demanded Rs. 6 bn in damages from its regulator, Sri Lanka’s Central Bank. “We sent out letters of demand to the Monetary Board asking for damages up to Rs. 6 […]
Password Protected
The ICT Agency will draft a set of high level policy documents to govern the roll out of citizen services and collective information resources.The ICT Agency will draft a set of high level policy documents to govern the roll out of citizen services and collective information resources. First in the list, an information security policy […]
Taxing Max
Tax experts say that government’s ad hoc changes to taxes outside the budget harms the stability of the fiscal environment. Tax experts say that government’s ad hoc changes to taxes outside the budget harms the stability of the fiscal environment. They also believe that the Economic Service Charge has not looked positive on a cross […]
Wide Choice
The Maldivian government has started talks with Kuwait’s Al Watania Telecom to offer a second mobile phone slot in the Atolls.The Maldivian government has started talks with Kuwait’s Al Watania Telecom to offer a second mobile phone slot in the Atolls. Cellular services are currently provided by Dhiraagu Pvt.Ltd., a joint-venture between the Maldivian government […]
Begging Success
Giving a brief respite to the cash-strapped government, Malaysian State Oil Company Petronas has agreed to defer crude oil payments for up to six months to help Sri Lanka manage the exchange rate crisis.Giving a brief respite to the cash-strapped government, Malaysian State Oil Company Petronas has agreed to defer crude oil payments for up […]
Sri Lanka is vying for more attention in the global tourism trail, as globetrotters shrug off economic downturn and terrorism fears to travel
Sri Lanka is vying for more attention in the global tourism trail, as globetrotters shrug off economic downturn and terrorism fears to travel.Sri Lanka is vying for more attention in the global tourism trail, as globetrotters shrug off economic downturn and terrorism fears to travel. The global tourism trade will close strong this year, with […]
Model Trains
The local railway is hoping to build its fleet by making trains at home but the plan hinges on a successful test run next year. The local railway is hoping to build its fleet by making trains at home but the plan hinges on a successful test run next year. Sri Lanka’s railway coupled up […]
Redial
The telecom watchdog is hoping to revive a 2002 National Communications Policy (NCP), which was to give greater independence and authority to the regulator, while easing technology restrictions in deploying network infrastructure.The telecom watchdog is hoping to revive a 2002 National Communications Policy (NCP), which was to give greater independence and authority to the regulator, […]
Europeans are trickling into to Sri Lanka for a sizzling winter.
October tourist arrivals show Europeans trickling into to the warm beaches of Sri Lanka for a sizzling winter vacation.October tourist arrivals show Europeans trickling into to the warm beaches of Sri Lanka for a sizzling winter vacation. “Arrivals from Europe are increasing from October because it’s the start of winter,” said the Tourist Board announcing […]