Author: lbostgadmin
Cyber Battles
The World Intellectual Property Office (WIPO) says cyber squatters are increasingly encroaching dot coms and country code domains, all over the world.The World Intellectual Property Office (WIPO) says cyber squatters are increasingly encroaching dot coms and country code domains, all over the world. According to WIPO cyber squatting, or the illegal use of names or […]
Slow Connection
eServices Lanka, the automated cargo clearance service, is looking to tie up with trade groups to coax more traffic online. eServices Lanka, the automated cargo clearance service, is looking to tie up with trade groups to coax more traffic online. “We are open to agreements with parties to increase clearance volumes,” said Sameera Samarakkody, Business […]
Naughty Boy
Sri Lanka police Wednesday arrested a senior civil servant on a charge of siphoning off tsunami aid meant for thousands of survivors in the island’s devastated north-east, police said.Sri Lanka police Wednesday arrested a senior civil servant on a charge of siphoning off tsunami aid meant for thousands of survivors in the island’s devastated north-east, […]
Remember Me?
They may be differently able, but some two million Sri Lankans are shut out of public places, as the able bodied fail to understand their needs, a new disability group said Tuesday.They may be differently able, but some two million Sri Lankans are shut out of public places, as the able bodied fail to understand […]
Violence escalates as Norway fails in bid to end Sri Lanka peace deadlock
Sri Lanka Tuesday investigated escalating violence as a top Norwegian envoy ended another mission without a breakthrough in restarting peace talks between Tiger rebels and the government, officials said.Sri Lanka Tuesday investigated escalating violence as a top Norwegian envoy ended another mission without a breakthrough in restarting peace talks between Tiger rebels and the government, […]
Join Us
The Commercial Bank of Ceylon has established a fully-owned subsidiary to offer employee training and development, banking education, executive search and recruitment, Human Resources (HR) consultation and other HR related services to corporate sector entities in Sri Lanka.The new company, X-Pertise Limited is an extension of the training facilities provided by the Bank’s Staff Development […]
Hotels eligible for one-year import duty waiver, starting March 1, Ministry of Tourism.
Local hotels are eligible for a one-year import duty waiver, starting March 1, for tsunami reconstruction, says Ministry of Tourism. Local hotels are eligible for a one-year import duty waiver, starting March 1, for tsunami reconstruction, says Ministry of Tourism. “The Finance Ministry agreed to grant an import duty waiver for the hotels for one […]
Still Afloat
Union Assurance Ltd closed the fiscal year 2004 with a Rs.60 mn loss after the recent tsunami washed ashore over 160 insurance claims.Union Assurance Ltd closed the fiscal year 2004 with a Rs. 60 mn loss after the recent tsunami washed ashore over 160 insurance claims. The relatively small insurance firm picked up a hefty […]
Tsunami aid flows drying up?
Two months after the tsunami the United Nations (UN) says rehabilitation aid from the international community is slowing down.Two months after the tsunami the United Nations (UN) says rehabilitation aid from the international community is slowing down. The UN reports that although aid pledges from the rest of the world to rehabilitate tsunami wrecked countries […]
‘s 2004 trade deficit widens by US$ 677 mn, dragged down by a 44% jump in oil import bill
Sri Lanka’s trade deficit ended 2004 on a hard bump, widening by US$ 677 mn, as a hefty petroleum import bill cost the cashed starved treasury an extra US$ 372 mn, the Central Bank said Monday.Sri Lanka’s trade deficit ended 2004 on a hard bump, widening by US$ 677 mn, as a hefty petroleum import […]
A trade deal with Pakistan and the tsunami could spur foreign investment to US$ 400 mn levels this year.
Trade agreements with Pakistan and India could spur foreign investment this year, largely in the manufacturing sector, the Board of Investment says.Trade agreements with Pakistan and India could spur foreign investment this year, largely in the manufacturing sector, the Board of Investment says. “There are two main things that will guide investments this year – […]
Sri Lanka not fighting rising prices
When Sri Lankan inflation soared to double digits last year, the country’s central bank waited for months before tightening policy, leading observers to wonder if it has abandoned its commitment to keep prices low.When Sri Lankan inflation soared to double digits last year, the country’s central bank waited for months before tightening policy, leading observers […]