Public sector trade unions deant rights to confederate

Public sector trade unions in Sri Lanka demand legal changes to trade union laws to lobby under a common front.Public sector trade unions in Sri Lanka demand legal changes to trade union laws to lobby under a common front. Sri Lanka’s public sector contains around 800 trade unions but trade unions say they are restricted […]

Shooting Stars

JAFFNA – The city of Jaffna was the epicentre of some of the bloodiest battles in Sri Lanka’s drawn out ethnic conflict, but the bombs have given way to a new explosion in trade after a truce.JAFFNA – The city of Jaffna was the epicentre of some of the bloodiest battles in Sri Lanka’s drawn […]

Made in China

China based PC maker the Lenovo Group says Sri Lanka’s early stage IT market offered high growth potential for hardware manufacturers.China based PC maker the Lenovo Group says Sri Lanka’s early stage IT market offered high growth potential for hardware manufacturers. The Lenovo Group’s take over of IBM’s PC division making it the third largest […]

Dark Horse

Sri Lanka’s chronic budget deficit, weak structural reforms and political instability, will show up prominently, as the island seeks a sovereign rating from three top international rating agencies later this year, analysts said.Sri Lanka’s chronic budget deficit, weak structural reforms and political instability, will show up prominently, as the island seeks a sovereign rating from […]

Elections Commissioner confirms November poll date

The Elections Department on Monday announced that Sri Lanka will go to polls on November 17, 2005 to elect a new President. Nominations for the polls will open on October 7, 2005.Update to Follow The Elections Department on Monday announced that Sri Lanka will go to polls on November 17, 2005 to elect a new […]

Elections Department confirms November date for Presidential polls

The Elections Department on Monday announced that Sri Lanka will go to polls on November 17, 2005 to elect a new President.The Elections Department on Monday announced that Sri Lanka will go to polls on November 17, 2005 to elect a new President. Nominations for the polls will open on October 7, 2005, between 9.00 […]

Corporate Funding

United States Trade and Development Agency (USTDA) signs over grants worth US$ 2.5 million for Sri Lanka. United States Trade and Development Agency (USTDA) signs over grants worth US$ 2.5 million for Sri Lanka. On Monday the USTDA signed over grant funding for six development projects in Sri Lanka. Over US$ 2 million is for […]

Double Whammy!

SriLankan Airlines group net profits slumped 75 percent last year, dragged down by hefty oil bill and a fall in passenger numbers following the Dec. 26 tsunami, the airline said Monday.SriLankan Airlines group net profits slumped 75 percent last year, dragged down by hefty oil bill and a fall in passenger numbers following the Dec. […]

‘s Leasing raises funds to feed its hire purchase business

People’s Leasing Company has raised Rs.400 million by securitising part of its small but growing hire purchase portfolio, the firm said Monday.People’s Leasing Company has raised Rs. 400 million by securitising part of its small but growing hire purchase portfolio, the firm said Monday. Hire purchasing accounts for Rs 3 billion of the firm’s business […]

Norachcholai Tripped?

CEB engineers have sought assurances from UNP that a proposed coal power plant in Puttlam won’t be scraped as its board of directors objected to the General Manager taking the lead on the project.CEB engineers have sought assurances from UNP that a proposed coal power plant in Puttlam won’t be scraped as its board of […]

Showtime for Sri Lanka’s century old tea industry

A renovated old tea factory is now housing the one of the most unique industry related museums for tea close to the Kandy town.The venture is supported by all tea related industry associations with some of them extending even financial support. Its promoters say the museum is part of efforts to lift the industry image […]

Sharp Edge

The Association of Charted Certified Accountants (ACCA) said their national conference will take place later this month.The Association of Charted Certified Accountants (ACCA) said their national conference will take place later this month. ACCA hosted a sustainability awards earlier in the year to reward CSR reporting among top corporate which they say encouraged them to […]

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