India, Sri Lanka to to harmonise standards and certification procedures by early next year

Sri Lanka and India are trying to harmonise standards and certification procedures between the two countries by early next year to move the Indo-Lanka agreement another step forward.Sri Lanka and India are trying to harmonise standards and certification procedures between the two countries by early next year to move the Indo-Lanka agreement another step forward. […]

Sky Castles

A change in land taxes and a stagnated economy has not crimped Sri Lankans desires to own a house in the skies.A change in land taxes and a stagnated economy has not crimped Sri Lankans desires to own a house in the skies. Property developers suffered a minor heart attack when the government re-introduced a […]

Branded for Life

All brands under the Sri Lankan sun – giants or dwarves – are invited to test their metal against each other at the SLIM Brand Excellence Awards 2004.All brands under the Sri Lankan sun – giants or dwarves – are invited to test their metal against each other at the SLIM Brand Excellence Awards 2004. […]

Cess on coconut and palm oil imports to fund local coconut industry

The Plantation Industries Ministry is looking at financing local coconut production through a cess on coconut oil and palm oil imports.The Plantation Industries Ministry is looking at financing local coconut production through a cess on coconut oil and palm oil imports. “We will set up a Rs. 300 mn cess fund for the coconut industry […]

Go Ahead

The Trustee of Vanik debenture holders told the Colombo Stock Exchange on Thursday that it would support an application to windup the company.The Trustee of Vanik debenture holders told the Colombo Stock Exchange on Thursday that it would support an application to windup the company. Thursday’s statement follows an application on October 11 to the […]

Central Bank differs rate hike, as inflation gallops ahead

Sri Lanka’s budget deficit expands and reserves make a small recovery, as the government differs payments and opts for dollar bonds to balance the books.Sri Lanka’s budget deficit expands and reserves make a small recovery, as the government differs payments and opts for dollar bonds to balance the books. The overall budget deficit for first […]

Impacts of Sethusamudram to be discussed this month

The initial findings on the impact of India’s Sethusamudram ship canal project on Sri Lanka, will be submitted to the government this month.The initial findings on the impact of India’s Sethusamudram ship canal project on Sri Lanka, will be submitted to the government this month. The initial findings, relating to specific areas, will be submitted […]

Gas Auction

Shell Sri Lanka is gearing up for a due diligence of local operations, falling in line with parent plans to sell off its global LPG business, and grow its hunt for oil.Shell Sri Lanka is gearing up for a due diligence of local operations, falling in line with parent plans to sell off its global […]

Going Online

From housemaids in the Middle East to engineers in Canada, Sri Lankans away from home keep tabs on news back home through Sri Lankan newspapers online.From housemaids in the Middle East to engineers in Canada, Sri Lankans away from home keep tabs on news back home through Sri Lankan newspapers online. The Internet is emerging […]

Change Factor

A name, brand and balance sheet makeover later, Pan Asia Bank Corporation Limited says it is talking to an undisclosed foreign bank and the National Savings Bank to build its housing loan portfolio.A name, brand and balance sheet makeover later, Pan Asia Bank Corporation Limited says it is talking to an undisclosed foreign bank and […]

Driving Off

A pick up in the Indian car market is driving the leasing business here, with Tata India expanding its fleet of vehicles locally to tap the potential.A pick up in the Indian car market is driving the leasing business here, with Tata India expanding its fleet of vehicles locally to tap the potential. Diesel and […]

Wheeler Dealers

The main opposition United National Party seems to think that more subsidies are the way to go, by claiming that the government should subsidise petrol.The main opposition United National Party seems to think that more subsidies are the way to go, by claiming that the government should subsidise petrol. Showing their solidarity with protesting three-wheeler […]

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