Equal Chances

Dec 15, 2006 (LBO) – The Employers Federation of Sri Lanka are calling on more firms to employ disabled people, not just for equal opportunity, but because it also makes business sense. The Employers Federation of Ceylon (EFC) together with the Motivation Charitable Trust of UK run an annual job fair for disabled people and […]

Faulty Cable

December 15 (LBO) – Sri Lankan pay television service Comet Cable is facing a withdrawal of its broadcast rights, unless royalties owed to a joint shareholder since 1997, are paid up. Comet Cable has an 18,000 strong customer base and is one of the oldest pay television companies in Sri Lanka with 18 paid channels […]

Seasonal Cheer

Dec 13 (LBO) – Sri Lankan workers in Board of Investment approved companies within and outside industrial zones are to get a wage hike with effect from January 01 next year. Unions have argued that some companies violate internationally accepted wage rates, overtime hours, unfair dismissal of workers and do not allow trade unions to […]

Geography Lesson

December 07, 2006 (LBO) – Sri Lanka is to hire a British survey company to re-draw the island’s continental shelf boundary, so that the country can claim additional rights to the seabed and any natural resources it holds. The government said Thursday that it had approved the appointment of Geophysical survey company Geotechnical Engineering and […]

Trade Battle

WASHINGTON, Nov 30, 2006 (AFP) – The United States and Asian economies are divided over how to implement a plan to set up an Asia-Pacific free trade area, two weeks after agreeing to study the ambitious proposal. The Asian economies want to first establish a free trade area among themselves before considering the implementation of […]

Aid for AIDS

Dec 1, 2006 (LBO) – The United States said Friday that it would give Sri Lanka 650,000 dollars to help curb the AIDS virus in high risk areas of the island, officials from the US Agency for International Development, said. Department of Health Services, 2006 report says the number of reported cumulative AIDS deaths in […]

Potential Problem

Nov 30, 2006 (LBO) – Estimated 5.5 to six million people in South Asia is infected with AIDS which have become a severe epidemic but the HIV epidemic remains at a low level in Sri Lanka, the World Bank said Thursday. South Asia is a heterogeneous and highly mobile region the report says, where most […]

Toothache

Nov 27, 2006 (LBO) – Over half of Sri Lanka’s 19.5 million population suffer from dental problems ranging from cavities to cancer, due to poor oral hygiene and excessive use of fizzy drinks and junk food, the dental authority warned Tuesday. President of Sri Lanka Dental Association (SLDA) Dr Kumar Warnakula says the most prevalent […]

Tele Cash

November 27, 2006 (LBO) – Sri Lanka has raised about 40 million rupees from June-Sept by taxing foreign movies, dramas and sitcoms aired on local television stations, the finance ministry said. Introduced in June, the ministry said the levy on telecasts of foreign films, teledramas and commercials are aimed at safeguarding the local film industry […]

Open Doors

Nov 21 (LBO) – India on Tuesday lifted controversial controls on duty free imports of vanaspati oil from Sri Lanka, which had caused the shutdown of all local factories since June this year. An Indian gazette notice revoked controls that said all Sri Lankan vanaspati exports would have to go through a state run agricultural […]

High Rents

SINGAPORE, Nov 21, 2006 (AFP) – Tokyo has Asia’s most expensive office costs — and the second costliest in the world — with Hong Kong and Mumbai also in the world’s top ten, an industry report said Tuesday. Despite the rising costs, Singapore remains competitive against Tokyo and Hong Kong, he said. But he said […]

Costly Letters

Nov 17, 2006 (LBO) – Delayed tariff revisions, fuel price hikes and wage bills have driven up losses at Sri Lanka™s Postal Department, to over a billion rupees in the first six months this year. According to provisional data by the Central Bank, operating losses as at June this year was up 13 percent to […]

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