Category: Industry
INFOTEL next month
The organizers have also put together a scheme to recognize champions in the industry through an awards scheme.
Transparency Online
Once data entry is complete the system will be put on line for anybody to check the status of public sector projects.rn rnAccess will come through the Internet site www.mpdinor.org.rn rnThis is part of an initiative of the Policy Development and Implementation Ministry to have a center to oversee all government spending in the country.rn […]
Selling On Line
Can we, sitting in a cosy room in Sri Lanka, sell insurance in America and Europe?rnrnSoon to be a common occurrence, selling value added services from a call centre based half the earth away is picking up pace in Sri Lanka. rn
Putting Structures
Local banking laws do not as yet have provision let alone regulations for specialised commercial banking, with long delayed amendments still in the pipeline.rn rnBut as success stories show, Islamic banking is becoming big business even in Sri Lanka and the call for regulation may not be far off the mark. rn rnldblquote We are […]
Express Dollars
Currently, clearing dollar drafts, dollar cheques etc drawn on local banks, takes a few weeks to clear.rn rnThe delays are longer if an outstation bank presents the foreign currency drafts/cheques to the clearing house.rn rnLankaClear quote s Chief Executive, L J Wickremasinghe says the new facility will kick in from October from their offices at […]
Calling Rural Folk
Plans to set up the fund are included under the new National Communications Policy that will replace the National Telecommunications Policy.rn rnSpeaking at Wednesday quote s seminar on Infrastructure Policy Reforms organised by the Ceylon Chamber of Commerce, Telecommunications Regulatory Commission (TRC) Director Palitha Gunawardene says more high level planning is required to see the […]
Back To Depot
The Public Enterprise Reform Commission (PERC) will shortly re-advertise the government quote s intensions to infuse private ownership into 13 cash strapped state bus companies.rn rnThe move to re-advertise the proposal comes following a court ruling on Tuesday, directing the government to give a clear indication as to how much it hopes to sell in […]
Five Runners
Those selected are believed to be Janashakthi Insurance, DFCC Bank/Commercial Bank, Eagle Insurance with their principals Zurich, Asia Capital/Asian Alliance and CT Smith Stockbrokers representing a consortium, sources close to the deal said Wednesday.rn rnThose selected will have to carry out an extensive due diligence exercise before they submit financial bids.rn rnEarlier 18 parties had […]
Private WWW
In the offering is a private realm for corporate entities over the world wide web, which they could use to send and receive data, make telephone calls and have access to any point connected in the VPN.rn rnThe benefit – low cost, anywhere any time access and secure voice and data transmission within the realm.rn […]
Another Breakdown
The government once again shelved plans to dispose 13 state run bus companies on the Colombo Stock Exchange until further notice.rn rnrnThe Public Enterprise Reform Commission (PERC) said Monday the divestiture of a 39 percent slice in the 13 transport companies has been put off.rn rnA petition filed in court against the transaction, pointing out […]
Extended Coverage
FRL said the rating is for Singer quote s Rs.300 mn unsecured redeemable debenture programme commencing 2002-5.rn rnLast Wednesday, Singer said it was raising Rs. 300 mn via a three-year debenture to retire high costs of short-term debt.rn rnSL A rating denotes a low expectation of credit risk. The capacity for timely payment of financial […]
BuzzingOA
Final touches are being put in place while being tested across a number of computer devices that supports the software DotNet, is expected to hit the shelves in mid 2003, with a host of new applications and with wider multilingual capabilities.rn rnMeanwhile, the company is also looking at restructuring its licensing policies to cater to […]