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Breathing Fire
Unions backing Commercial Bank of Ceylon’s staff are urging monetary authorities to ask a key shareholder to reduce his stakes and fall in line with banking regulations.Unions backing Commercial Bank of Ceylon’s staff are urging monetary authorities to ask a key shareholder to reduce his stakes and fall in line with banking regulations. Sri Lanka’s […]
John Keells tracks down Yala Village
John Keells Hotels said Friday that it bought an 80 percent stake in hotel operator Yala Village (Pvt) Ltd for Rs.275 million. John Keells Hotels said Friday that it bought an 80 percent stake in hotel operator Yala Village (Pvt) Ltd for Rs. 275 million. Yala Village is a 62 chalet eco-hotel, which borders a […]
Indian Formula
Sri Lanka is firmly on Indian giant TATA’s radar screen for investment, but a top official said Sri Lanka needs to leverage its strengths and implement its open policies to keep investors coming in.Sri Lanka is firmly on Indian giant TATA’s radar screen for investment, but a top official said Sri Lanka needs to leverage […]
Check Again
The EU is considering pushing for stronger intellectual property rights laws at world trade talks.The EU is considering pushing for stronger intellectual property rights laws at world trade talks. The EU says counterfeiting is now a global criminal racket operating with organised crime rings in arms, drugs and cigarettes. Copycat products that are flooding European […]
Three possible scenarios coming out of the November Presidential polls
This analysis is based on the updated district based voter numbers prepared by the Department of Elections.The source for data is the website of Department of Elections (www.slelections.gov.lk). Accordingly there are 13,327,160 eligible voters for the Presidential Election 2005.Conclusion Following points should be noted A loss of votes for the political party in power has […]
Back to Base
Ceylon Petroleum Corporation unions are threatening to strike work next week, protesting against a new refinery project to be built with private sector help.Ceylon Petroleum Corporation unions are threatening to strike work next week, protesting against a new refinery project to be built with private sector help. The government is to sign a deal with […]
Treasury units of top corporates unite
Treasury heads from Sri Lanka’s top corporates have joined hands to tackle industry issues and expand the knowledge base.Treasury heads from Sri Lanka’s top corporates have joined hands to tackle industry issues and expand the knowledge base. Headed by Rohan Perera, Group Treasurer of John Keells Holdings, the Association of Corporate Treasurers plans to take […]
Get Moving
About two million Sri Lankan women suffer from crippling, even fatal bone disease, squeezing an already stretched state healthcare system that spends to look after them.About two million Sri Lankan women suffer from crippling, even fatal bone disease, squeezing an already stretched state healthcare system that spends to look after them. Women, especially aging women, […]
Once Bitten…
Sri Lankan trade negotiators are bargaining for stronger safety nets to protect domestic interests at the latest round of world trade talks.Sri Lankan trade negotiators are bargaining for stronger safety nets to protect domestic interests at the latest round of world trade talks. Current trade talks in Geneva, will lead to a new set of […]
Dirty Tricks
Reporters Without Borders (RSF) – an international organisation that promotes media freedom — voiced concern about last week’s arson attack on the independent Sunday Leader newspaper’s printing press in the run up to next month’s polls.Reporters Without Borders (RSF) – an international organisation that promotes media freedom — voiced concern about last week’s arson attack […]