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Shrinking Wallets
A tax slapped on all advertising budgets last year has not really tightened purse strings, but companies are thinking twice about the way they spend to grab attention.A tax slapped on all advertising budgets last year has not really tightened purse strings, but companies are thinking twice about the way they spend to grab attention. […]
Late Start
Sri Lanka Telecom says it will need at least six months to deploy its low cost wireless technology, though it’s already feeling the heat from rival networks.Sri Lanka Telecom says it will need at least six months to deploy its low cost wireless technology, though it’s already feeling the heat from rival networks. SLT secured […]
Speed Dial
Dialog Telekom on Monday reported a Rs.3.44 bn net profit for the fist half of 2005 – pushing its bottom line up 76.6% over 2004. Dialog Telekom on Monday reported a Rs. 3.44 bn net profit for the fist half of 2005 – pushing its bottom line up 76.6% over 2004. The bottom line increase […]
Electricity Hell
The CEB has re-issued its gazette announcement to increase electricity charges and has postponed the price increase.The CEB has re-issued its gazette announcement to increase electricity charges and has postponed the price increase. The increase in electricity fixed charges, that was due in August, will hit consumers from October 1, under a new gazette notice […]
Bad Job
Going abroad to work is a one way ticket to the land of no return for increasing numbers of Sri Lankan poor. Going abroad to work is a one way ticket to the land of no return for increasing numbers of Sri Lankan poor. For Sri Lanka’s rural poor, going abroad to work is the […]
Extra Time
Sri Lanka’s Supreme Court on Monday asked the elections chief to hold back on announcing the date of presidential polls pending a ruling on when the term of incumbent Chandrika Kumaratunga ends.Sri Lanka’s Supreme Court on Monday asked the elections chief to hold back on announcing the date of presidential polls pending a ruling on […]
Quick Chat
Telco giant Sri Lanka Telecom on Monday secured a licence to expand its network using low cost wireless technology.Telco giant Sri Lanka Telecom on Monday secured a licence to expand its network using low cost wireless technology. “We got our CDMA licence this afternoon and a formal announcement will come tomorrow,” a top SLT official […]
Caution Ahead
As oil threatens to hurtle past US$ 70 a barrel, state oil giant Ceypetco is urging the government to raise prices, with its oil bill likely to shoot past US$ 1.4 billion this year. As oil threatens to hurtle past US$ 70 a barrel, state oil giant Ceypetco is urging the government to raise prices, […]
Anura Bandaranaike takes over as Foreign Minister
Minister Anura Bandaranaike took over as Sri Lanka’s new Minister of Foreign Affairs on Monday, replacing assassinated predecessor Lakshman Kadirgamar. Minister Anura Bandaranaike took over as Sri Lanka’s new Minister of Foreign Affairs on Monday, replacing assassinated predecessor Lakshman Kadirgamar. Bandaranaike, who is also President Chandrika Kumaratunga’s brother, took oaths on Monday evening.He will continue […]
Budget: Big Plans
The government says its top priority will be to increase infrastructure investment as it stated the budget making process for next year.The government says its top priority will be to increase infrastructure investment as it stated the budget making process for next year. Years of underinvestment by successive governments especially in rural infrastructure have contributed […]
