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Sri Lanka’s leading business chamber urges upward revisions to local fuel prices.
Sri Lanka’s leading business chamber urges upward revisions to local fuel and electricity prices to absorb rising international rates.Sri Lanka’s leading business chamber urges upward revisions to local fuel and electricity prices to absorb rising international rates. The Ceylon Chamber of Commerce met on Thursday to discuss the impacts of increasing international oil prices on […]
One Up
Ports Minister Mangala Samaraweera Thursday revoked a ban imposed this week on three-wheeler taxis at Sri Lanka’s only international airport, arguing they were needed by the poor.Ports Minister Mangala Samaraweera Thursday revoked a ban imposed this week on three-wheeler taxis at Sri Lanka’s only international airport, arguing they were needed by the poor. Samaraweera said […]
Bus Fair
An islandwide bus strike on Monday was averted when the government agreed to a 50 cents increase in bus fares from 1st September.An islandwide bus strike on Monday was averted when the government agreed to a 50 cents increase in bus fares from 1st September. “We were told we can increase bus fares by 50 […]
Ship Building
Cabinet cleared an Asian Development Bank (ADB) sponsored master plan to develop Sri Lanka’s ports sector.The Shipping Minister Mangala Samaraweera told Lanka Business Online on Thursday that the Cabinet of Ministers had approved the port master plan, that details development areas and priority infrastructure requirements to meet growing and potential demand. In addition, Samaraweera says […]
Up Time
Sri Lanka Telecom on Thursday confirmed it has secured enough bandwidth to fully restore its internet services by one in the morning.Sri Lanka Telecom on Thursday confirmed it has secured enough bandwidth to fully restore its internet services by one in the morning. The telco giant negotiated for bandwidth from regional internet service providers and […]
Funky Tunes
Sri Lanka Telecom’s net profits fell just short of the two billion rupee mark, but operating cost continued to surge, despite undergoing a hefty early retirement scheme.Sri Lanka Telecom’s net profits fell just short of the two billion rupee mark, but operating cost continued to surge, despite undergoing a hefty early retirement scheme. The dominant […]
Gassed Up
Shell Gas may have to jack up prices by as much as Rs.100 a cylinder come September, as it battles a price build up that’s straining its bottom-line.Shell Gas may have to jack up prices by as much as Rs. 100 a cylinder come September, as it battles a price build up that’s straining its […]
The Millennium Challenge Corporation announces the latest criteria to apply for assistance
The Millennium Challenge Corporation (MCC) announces the latest criteria on how developing countries can apply for assistance from its US bn fund in 2005.The Millennium Challenge Corporation (MCC) announces the latest criteria on how developing countries can apply for assistance from its US bn fund in 2005.In May this year a first batch of 16 […]
‘s leading business chamber urges upward revisions to local fuel prices.
Sri Lanka’s leading business chamber urges upward revisions to local fuel and electricity prices to absorb rising international rates.Sri Lanka’s leading business chamber urges upward revisions to local fuel and electricity prices to absorb rising international rates. The Ceylon Chamber of Commerce met on Thursday to discuss the impacts of increasing international oil prices on […]
HNB shifts its bond portfolio to a special account after a drop in treasury yields
Hatton National Bank has created a special account to transfer over four billion rupees worth of bonds, after its portfolio fell victim to a drop in treasury yields. Hatton National Bank has created a special account to transfer over four billion rupees worth of bonds, after its portfolio fell victim to a drop in treasury […]