Setting Up Shop

Cisco Systems Inc., Thursday announced plans to expand its presence in Sri Lanka through active participation in the countrys strategy to leverage ICT.With Sri Lankas networking growth above the regional average of 10 per cent, Ciscos President for South Asia, Manoj Chugh says the trend could improve with the ICT strategy.rn rnChugh added that with […]

Band Strategy

A series of concerts by international artists is expected to put Sri Lanka on the centre stage in the global arena.rn rnThe Commerce and Consumer Affairs Ministry initiative will kick off in December with UB40, the UK based reggae band from the 1980s playing to a packed audience at the Parliament in Colombo. rn rnThe […]

Getting Online

The UNF government on Wednesday launched its ambitious strategy to develop Sri Lankas Information Communication and Technology (ICT) sector by 2006. rnThe eSri Lanka road map will act as the blueprint that will guide all stakeholders towards transforming the country into an IT hub. rn rnFive broad areas for development have been identified including implementation […]

Double Digit

rnrnrnrnrnrnrnNew Page 1rnrnrnrnrn Trans Asia Hotelrn  rn Earnings for six months ending Sept. 30, 2002rn  rn   rn                                            rn   rn2002               rn2001rn                       &nbsp

Channel Surfing

Households in Sri Lanka can leap-frog into the Internet age with a no-fuss, purse-easy Internet TV facility to be launched in Sri Lanka this week.The facility is launched by Lanka eCom Technologies (LET), a member of the Ceylinco Consolidated Group.rn rnThe unit comprises an easy-to-install Set-top-box and remote keyboard that can convert any colour television […]

Credit Calls

Payphone operator Tritel Services (Pvt) Ltd., is offering its telephone cards to the HSBCs 100,000 credit card customers.HSBCs credit card customers can look forward to the exclusive offer of a bonus of Rs. 200 call minutes on first time activation for charges above Rs.500 and a bonus offer of Rs. 300 call minutes on first […]

Growth Spurt

The government is mobilizing an island wide network of private sector consultants to advise the Small and Medium Scale (SME) sector.rn rnAlready 300 private sector firms have signed up for the initiative, with the government working closely with the International Labor Organisation (ILO) to train new members. rn rnThe fee levying service is expected to […]

Next Halt

The government is offering state guarantees to raise funds for working capital and investments, subject to preset conditions as an added incentive to bidders taking up stakes in the remaining bus companies. The Public Enterprises Reform Commission (PERC) re-issued its invitation over the weekend to take up a 39% stake in the remaining five cluster […]

Close Watch

Colombo Dockyard appointed safety supervisors to improve working conditions in its docks. The company, which is seeking new opportunities in boat building and dry dock operations, says the improved safety conditions will also help increase productivity. rn rnThirty specially trained safety supervisors were appointed while a safety management system has been implemented company wide.rn

Accounts On Time

Ministers, heads of government institutions and financial controllers will be held accountable for submitting state sector accounts on time.Commerce Minister Ravi Karunanayake says they will get a 3-month time frame to submit the accounts to parliament.rn rnThe Minister was addressing the graduation ceremony of the Association of Charted Certified Accountants. rn rnTwenty three Sri Lankan […]

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