Bug Fighting

July 9, 2007 (LBO) – The United States has given Sri Lanka protective gear, test and decontamination kits to combat an outbreak of bird flu, the US embassy in Colombo said.Sri Lanka government’s Department of Animal Production and Health had received 4,500 suits of personal protection equipment, 1,500 rapid test kits, and 40 decontamination kits […]

English Penalty

July 07, 2007 (LBO) – Sri Lanka’s television industry aimed at English speakers have sought relief after a penal tax brought by Sinhala teledrama artistes threatened to put them out of business, officials said. The government had collected 160 million rupees and the money has been put in treasury bills Yapa said while a decision […]

No Deal

July 05, 2007 (LBO) – Sri Lanka’s construction industry has successfully lobbied the government to defer the liberalisation of construction and related services under a free trade deal with India, an official said. The industry is not wholly against the idea of liberalising services but wants to protect local players until they are ready to […]

High Standards

July 04, 2007 (LBO) – Sri Lanka’s freight forwarders are seeking new rules to improve standards in the trade after winning a court order that quashed a set of regulations proposed by government. “We did not see much policing in the proposed law,” Kadawatharatchie said. “There’s a need to punish rule breakers.” Niral Kadawatharatchie, chairman […]

BOT BPO

July 04, 2007 (LBO) – Aviva, one of the world’s biggest insurance firms, has hired over 300 Sri Lankan accounting and finance professionals into its business process outsourcing unit in Colombo. The professionals were trained on a build and transfer contract between Aviva Global Services (AGS) and Sri Lanka’s WNS, a third-party service provider for […]

Crawl Speed

July 04 (LBO) – Lengthy delays in automating Sri Lanka’s cargo clearing system were hurting the island’s chances of becoming a trading hub and making trading inefficient, a top freight forwarder said. “The automation of Sri Lanka’s cargo clearing system has not happened yet although it has been talked about for about five years,” said […]

Skills Export

July 03, 2007 (LBO) – Aitken Spence, one of Sri Lanka’s conglomerates with interests in several areas of the shipping industry, wants to develop a new business in managing ports abroad. The company already has a deal with South Africa’s Durban Port under which is sent 125 skilled Sri Lankans to provide training and port […]

More Empathy

July 2, 2007 (LBO) – Manique Gunaratne, a visually impaired Sri Lankan professional, has a simple poem that she recites to highlight the hopes of people like her. “It takes the summer, sun and the rain, to make a garden grow It takes the moon and twinkling stars, to make the heavens grow It takes […]

Indian Bypass

June 28, 2007 (AFP) – Sri Lankan exporters are being squeezed as fewer container ships heading west call into Colombo, with global shipping lines moving more business to India and its booming economy. Both projects have been delayed for over a decade because of poor government policy and analysts fear that further delays could see […]

Sell Off

June 27, 2007 (LBO) – Ultrapay Limited, the Australian broadband and mobile wireless services company, has sold the stake it held in Sri Lanka’s Ruhuna Multivision pay tv business, the company said.Ultrapay held the stake in Ruhuna Multivision, which runs Comet Cable, through its subsidiary Chalmway Private Limited. The company says the sale netted 1.2 […]

Customs Blog

June 27, 2007 (LBO) – A web logging site for the Sri Lankan and international trading community as well as customs clients has been launched, giving access to new information on tariffs and regulations, officials said. The database holds all of the country’s customs regulations, related laws, taxes and other levies as well as preferential […]

Learning Lessons

June 25, 2007 (LBO) – Sri Lanka has lost the lead it once had in education, slowing the progress of the country, education specialists have warned.A telling sign of the times is that a large number of recently recruited teachers are being trained on the job with students as guinea pigs. While university graduates have […]

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