Author: lbostgadmin
Fems Fatale
Hemas Holdings cashed in on a Rs.300 mn market and growing for female hygiene products last week, buying over sanitary napkin brand, Fems.Hemas Holdings cashed in on a Rs. 300 mn market and growing for female hygiene products last week, buying over sanitary napkin brand, Fems. The Group picked up the brand from Maxims, who […]
Ageing Nicely
Hatton National Bank (HNB) is tying up its insurance subsidiary and other goods and service providers to spruce up its Senior Citizens savings account.Hatton National Bank (HNB) is tying up its insurance subsidiary and other goods and service providers to spruce up its Senior Citizens savings account. The revamped account offers it’s over 55 year […]
Electronic Leash
SriLankan Cargo is offering a web based supply chain management solutions to cut costs and speed up the documentation process for its customers.SriLankan Cargo is offering a web based supply chain management solutions to cut costs and speed up the documentation process for its customers. The national carrier says e-HAWB (electronic House Air Way Bill), […]
Sri Lanka lobbies for emergency fund to tide over external shocks like high oil prices
Sri Lanka asked international monetary authorities to come up with a contingent facility to tide over crude oil shocks that’s strangling trade dependent nations.Sri Lanka asked international monetary authorities to come up with a contingent facility to tide over crude oil shocks that’s strangling trade dependent nations. Such funds could be used to help develop […]
Filling Up
Sri Lanka is close to firming up a deal with Oil and Natural Gas Corporation (ONGC) in India, to import refined crude products under a US$ 150 mn credit line. Sri Lanka is close to firming up a deal with Oil and Natural Gas Corporation (ONGC) in India, to import refined crude products under a […]
Hanging Up
The Welikada prison’s 7000 inmates will stay-put, with Sri Lanka telecom hanging up on its call centre project.The Welikada prison’s 7000 inmates will stay-put, with Sri Lanka telecom hanging up on its call centre project. Chief Executive Shuhei Anan told shareholders on Monday that the telco giant would abandon its Telecom City project to focus […]
Bank Bugs
Pramuka Depositors Association has sought legal redress to cancel the liquidation process and said that they would seek damages from key officials. Pramuka Depositors Association has sought legal redress to cancel the liquidation process and said that they would seek damages from key officials. Filing a petition with the Court of Appeal on Monday, the […]
Encore
The Inland Revenue says it will call for fresh applications for amnesty since the amnesty law of 2003 was repealed and a new law was introduced last month.The Inland Revenue says it will call for fresh applications for amnesty since the amnesty law of 2003 was repealed and a new law was introduced last month. […]
Venturing Out
Jet Airways and Air Sahara are closing strategic deals with international airlines in a bid to smoothen their global take-off.Jet Airways and Air Sahara are closing strategic deals with international airlines in a bid to smoothen their global take-off. While Jet Airways has forged an alliance with South African Airways (SAA) to boost business and […]
Import bill gallops ahead as fuel prices eats gains from textile and apparel exports
Sri Lanka’s import bill raced ahead of export earnings in July, as a hefty fuel bill erased gains from apparel and tea revenues, the Central Bank said Friday. Sri Lanka’s import bill raced ahead of export earnings in July, as a hefty fuel bill erased gains from apparel and tea revenues, the Central Bank said […]
Chamber says Govt., tax policies need to be more consistent and transparent
Sri Lanka’s private sector is not amused by the latest government hat trick of making changes to taxes by putting out press notices and backdating the effective date.Sri Lanka’s private sector is not amused by the latest government hat trick of making changes to taxes by putting out press notices and backdating the effective date. […]
Bosom Buddies
Cancer among women is increasing in Sri Lanka and private health care services are rising to the needs with wigs and chests at very competitive prices. Cancer among women is increasing in Sri Lanka and private health care services are rising to the needs with wigs and chests at very competitive prices. Ceylinco Healthcare Service […]