Category: General Services

Sept 25 (LBO) – Sri Lankan song writers and other artistes are hoping a new licensing and royalty scheme being drawn up will help protect their creative work and prop up earnings. Local artistes have banded together to form ˜collective societies™, on the lines of similar groups in the United Kingdom, to represent the rights […]

Sept 21 (LBO) – Another round of Indo-Lanka trade talks ended this week, with no firm agreement on resuming controversial duty free exports of vanaspati oil from Sri Lanka to India. The Vanaspati Association of Sri Lanka says however that they have been kept in the dark about talks. Vanaspati is a hydrogenated vegetable oil […]

Sept 20 (LBO) – The government has offered private traders space on board state chartered vessels carrying food to war torn Jaffna on possible commercial terms, to build up a buffer stock ahead of monsoon rains in November that would make passage difficult. The government has been sending essential food items like rice to the […]

Sept 14 (LBO) – The Hayley™s group said Thursday that it had tied up with Bartronics India Limited to develop and market identification devices such as Barcodes and Smart Cards. The products like Radio Frequency Identification Devices and other data capturing and security solutions, will be marketed through Hayley™s logistics subsidiary Logiventures Ltd. These solutions […]

Sept 13 (LBO) – Sri Lanka and India are likely to clock in about three billion dollars in bilateral trade in the next year, despite some troubled investments, India™s finance minister Shri Chidambaram said Wednesday. The two countries saw trade grow from 650 million dollars six years ago when the Indo-Lanka free trade deal was […]

BEIJING, Sept 13, 2006 (AFP) – Six Hollywood studios said Wednesday they had filed suit against Chinese firms for allegedly selling illegal copies of their movies, in a case aimed at curbing the rampant piracy of Western films here. More than 90 percent of films sold in China on DVD are estimated to be pirate […]

Sept 11, 2006 (LBO) – Sri Lankan producers of vanaspati a vegetable oil, are trying to break into the domestic market and diversify exports after being stung by recent Indian import controls. There are about 12 local manufacturers of the hydrogenated palm oil and similar product bakery shortenings a vegetable fat used largely for industrial […]

Sept 08, 2006 (LBO) – Sri Lanka™s clothing trade, which employs about a million workers, is opposing trade union efforts to jack up minimum monthly wages to 10,000 rupees, due to spiraling costs and tight margins. Trade unions have asked the government to raise wages for all industries to a minimum of 10,000 rupees a […]

Sept 08, 2006 (LBO) – Local businessmen have been asked to diversify exports to Pakistan outside of a few traditional commodities, and fast, to fully exploit bilateral trade between both countries.Top exports to Pakistan Sri Lanka’s second largest trading partner in South Asia after India are largely confined to coconut products, rubber, tea, vegetable products, […]

Sept 05 (LBO) – India is drawing up a more favourable package for Sri Lankan garment exports to the country under the Indo-Lanka trade deal. Quotas on apparel and tea have been poorly utilised and has not really taken off, Sunjay Sudhir, Counsellor, Economic and Commercial at the Indian High Commission in Sri Lanka, told […]

Sept 06 (LBO) – Sri Lanka has approved new terms to limit exports of vanaspathi vegetable oil to India, with the government hopeful that local factories will re-open in a month. The two countries clocked up just under two billion dollars in bilateral trade last year a four fold increase since the free trade deal […]

August 26, 2006 (LBO) – Sri Lanka is trying to clinch a free trade deal with Canada to push its apparel exports, with the industry also promised a government goodie bag like cheap land and electricity, to battle China and Vietnam. “We are working with the government for a duty free deal with Canada it […]