Author: lbostgadmin
Phone Bills
A Bill allowing the Government to claim part of international incoming call revenues was to be endorsed this week allowing the legislature to collect up to 0.038 US cents from telecos’ terminating over seas calls on local networks.A Bill allowing the Government to claim part of international incoming call revenues was to be endorsed this […]
Scuttle It
Sri Lankan nationalists Friday warned they will step up protests against a proposed government deal with Tamil rebels for the distribution of tsunami aid amid fears for the shaky ruling coalition. Sri Lankan nationalists Friday warned they will step up protests against a proposed government deal with Tamil rebels for the distribution of tsunami aid […]
Good Harvest
The Commercial Bank Group, its subsidiaries and associate companies, has reported satisfactory growth in key performance indicators in the first quarter of 2005, despite the adverse effects on its exchange profits by the post-tsunami appreciation of the Rupee against the US Dollar. The Commercial Bank Group, its subsidiaries and associate companies, has reported satisfactory growth […]
Commercial Bank of Ceylon bought up Rs. 250 mn worth of securitised paper locking returns up to four years
Commercial Bank of Ceylon bought up Rs. 250 mn worth of securitised paper locking returns up to four years. Commercial Bank of Ceylon bought up Rs. 250 mn worth of securitised paper locking returns up to four years. Ceylon Electricity Board unions staged a walkout on Friday protesting against a Cabinet paper passed two days […]
OECD countries put their weight behind WTO trade talks
OECD – Organisation for Economic Co-operation and Development – countries agree to put their weight behind multilateral trade talks.OECD – Organisation for Economic Co-operation and Development – countries agree to put their weight behind multilateral trade talks. Ministers from rich countries like the US, EU, Japan and from developing countries, like India and China, agreed […]
Ball Game
Laugfs Gas is seeking legal advice to raise prices on a cylinder of LPG, despite the consumer watchdog shooting down its request for a Rs. 110 increase. Laugfs Gas is seeking legal advice to raise prices on a cylinder of LPG, despite the consumer watchdog shooting down its request for a Rs. 110 increase. The […]
Bells are Ringing
Lanka Bell commercially rolled out its CDMA network in Gampaha Thursday, ahead of a July deadline set by the Telecom Ministry.Lanka Bell commercially rolled out its CDMA network in Gampaha Thursday, ahead of a July deadline set by the Telecom Ministry. Lanka Bell Deputy Managing Director Suren Guenewardene told LBO that the wireless operator had […]
Long Distance
Sri Lanka Telecom will go regional to diversify its revenue base, selling its advanced technology capabilities to less tech savvy firms in Asia.Sri Lanka Telecom will go regional to diversify its revenue base, selling its advanced technology capabilities to less tech savvy firms in Asia. SLT says it is scouting for new business in the […]
Did SLIM slip?
Guest Columnist Harsha de Silva makes his observations on the validity of the recent National Icon awards presented by the Sri Lanka Institute of Marketing [SLIM] and given wide publicity. Guest Columnist Harsha de Silva makes his observations on the validity of the recent National Icon awards presented by the Sri Lanka Institute of Marketing […]
Faced with rising competition and thin margins in a quota free era, Sri Lankan exporters are turning to sophisticated hedging instruments to gain a competitive edge
Faced with rising competition and thin margins in a quota free era, Sri Lankan exporters are turning to sophisticated hedging instruments to gain a competitive edge. Faced with rising competition and thin margins in a quota free era, Sri Lankan exporters are turning to sophisticated hedging instruments to gain a competitive edge. Sri Lankan apparel […]
World Trade Organisation warns that non-discriminatory trade is in danger
World Trade Organisation(WTO) head warns that the multilateral trade system is heading into the red.World Trade Organisation(WTO) head warns that the multilateral trade system is heading into the red. Addressing journalists at a workshop organised by the Friedrich Ebert Stiftung (FES) – a German non-profit organisation – at the WTO head office in Geneva, Switzerland, […]
Accidents and illnesses at work increasing in developing countries – ILO
Accidents and illnesses at work are increasing in developing countries, with work related illnesses taking the lead, says the International Labour Organisation (ILO. Accidents and illnesses at work are increasing in developing countries, with work related illnesses taking the lead, says the International Labour Organisation (ILO. “According to new estimates by the ILO, the number […]