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Computer giant HP is bridging the price gap with cloned computers, shifting from proprietor software to open source operating systems. Computer giant HP is bridging the price gap with cloned computers, shifting from proprietor software to open source operating systems. HP says it can offer prices as low as Rs.50,000 for a PC with its […]
Called Off
Ceypetco unions said Wednesday that they would not disrupt fuel supplies on the assurance that any decision on a third petroleum player would be fully discussed.Ceypetco unions said Wednesday that they would not disrupt fuel supplies on the assurance that any decision on a third petroleum player would be fully discussed. At talks on Wednesday, […]
Rubber tappers wages head North on boom in market prices
Workers in Sri Lanka’s rubber sector are tapping the benefits of the current price boom as a result of a Price Share Supplement (PSS) introduced in January this year in the wake of an agreement between unions and plantation management companies. Workers in Sri Lanka’s rubber sector are tapping the benefits of the current price […]
Sea Bites
Sri Lanka Telecom (SLT) is on track to reap higher international call revenues through a routing agreement with India’s Bharat Sanchar Nigam Ltd (BSNL).Sri Lanka Telecom (SLT) is on track to reap higher international call revenues through a routing agreement with India’s Bharat Sanchar Nigam Ltd (BSNL). SLT said Tuesday that it has entered into […]
Gaining Steam
Shell Global, pitching for Liquefied Natural Gas (LNG) for Sri Lanka’s long-term fuel needs, met with local officials and a vocal coal lobby while in Colombo last week.Shell Global, pitching for Liquefied Natural Gas (LNG) for Sri Lanka’s long-term fuel needs, met with local officials and a vocal coal lobby while in Colombo last week. […]
Holding Off
Crucial talks between Ceypetco unions and the President over plans for a third player in the retail petroleum sector was put off until Wednesday.Crucial talks between Ceypetco unions and the President over plans for a third player in the retail petroleum sector was put off until Wednesday. Unions suspended a lightning strike last week that […]
Warning Signals
A day ahead of crucial talks with Ceypetco unions, government officials say that plans for a third player to foster competition will have to go ahead.A day ahead of crucial talks with Ceypetco unions, government officials say that plans for a third player to foster competition will have to go ahead. “We can enhance the […]
Treasury Secretary dismisses speculations of exchange control limits, says rupee to stabilise at 102 to the US dollar
Treasury Secretary Dr. P B Jayasundara dismissed market talk of exchange control limits, saying that foreign inflows are on target to stabilise rupee at 102 to the US dollar. Treasury Secretary Dr. P B Jayasundara dismissed market talk of exchange control limits, saying that foreign inflows are on target to stabilise rupee at 102 to […]
Piece of Pie
The Ceylon Electricity Board is being unbundled into Strategic Business Units for six months, with top officials being appointed to head the units next week.The Ceylon Electricity Board is being unbundled into Strategic Business Units for six months, with top officials being appointed to head the units next week. “Next week, Chief Executive Officers of […]
Contrary to speculations, the government says foreign aid flows are on track with Sri Lanka receiving around US$ 165 mn so far this year.
Contrary to speculations, the government says foreign aid flows are on track with Sri Lanka receiving around US$ 165 mn so far this year.Contrary to speculations, the government says foreign aid flows are on track with Sri Lanka receiving around US$ 165 mn so far this year. The bulk of the funds have come from […]