Category: Industry
Marketing Sense
Sri Lankan marketers say consumers’ need to be enticed even when at the supermarket shelves, as a new initiative that will see television screens spread strategically around the shopping isles gets underway.Sri Lankan marketers say consumers’ need to be enticed even when at the supermarket shelves, as a new initiative that will see television screens […]
Writers Peril
Reporters Without Borders – an international group promoting media freedom condemned Tuesday’s killing of a Sri Lankan Tamil journalist. Reporters Without Borders – an international group promoting media freedom condemned Tuesday’s killing of a Sri Lankan Tamil journalist. Subramaniyam Sugirdharajan, working for the Tamil-language daily Sudar Oli, was gunned down in Trincomalee after covering abuses […]
School Aid
Jan 25 (LBO) – The University Grants Commission is talking to top US colleges for scholarships to send local students abroad for post graduate studies.Representatives of the North Dakota State University (NDSU) are in Colombo to draw up plans on how students enrolled at local universities can transfer to its College in the United States. […]
SriLankan Airlines takes flight to the hills
Jan 25 (LBO) – SriLankan Airlines expands its floatplane service to Kandy, after recently shelving plans to go to the North of the island due to outbreaks of violence and falling passenger numbers.Jan 25 (LBO) – SriLankan Airlines expands its floatplane service to Kandy, after recently shelving plans to go to the North of the […]
Driving Growth
Jan 25 (LBO) – Sri Lankan based IFS South Asia, offering supply chain solutions, clinched a million dollar deal with Pakistan’s automobile giant Millat Tractors on Wednesday.Jan 25 (LBO) – Sri Lankan based IFS South Asia, offering supply chain solutions, clinched a million dollar deal with Pakistan’s automobile giant Millat Tractors on Wednesday. This is […]
Payback
Jan. 24 (LBO) – Lanka IOC, a unit of Indian Oil Corp., picked up a Rs. 500 million cheque from the Sri Lankan government as partial payment towards its seven billion rupees subsidy claim, a top official said.Jan. 24 (LBO) – Lanka IOC, a unit of Indian Oil Corp., picked up a Rs. 500 million […]
Steady Grade
Jan. 24 (LBO) ? Sri Lanka’s DFCC Vardhana Bank retained its AA- (sri) rating for its senior unsecured long-term rating from Fitch Ratings Lanka, the agency said Tuesday. Jan. 24 (LBO) ? Sri Lanka’s DFCC Vardhana Bank retained its AA- (sri) rating for its senior unsecured long-term rating from Fitch Ratings Lanka, the agency said […]
Candy Bars
Jan. 24 (LBO) – Sri Lanka’s Board of Investment Tuesday dished out several tax incentives, encouraging investors to set up 300 new factories in rural regions of the country.Jan. 24 (LBO) – Sri Lanka’s Board of Investment Tuesday dished out several tax incentives, encouraging investors to set up 300 new factories in rural regions of […]
Short Cut
Jan 23 (LBO) -Wireless local loop operators Lanka Bell has sought the telco watchdog’s help to up its interconnection into fixed line giant Sri Lanka’s Telecom’s network.Jan 23 (LBO) -Wireless local loop operators Lanka Bell has sought the telco watchdog’s help to up its interconnection into fixed line giant Sri Lanka’s Telecom’s network. Lanka Bell […]
Off Duty Nurse
Jan 23 (LBO) -Nurses in Sri Lanka’s public health service are threatening trade union action, over a salary increase anomaly.Jan 23 (LBO) -Nurses in Sri Lanka’s public health service are threatening trade union action, over a salary increase anomaly. Nurses’ trade unions in government hospitals say salary increases for nurses are well below increase given […]
LIOC Woes
The Treasury Secretary disputed subsidy claim by Lanka IOC (LIOC), fuel retailer, which is owed over Rs.7 billion despite a bullish report on the company earlier in the week by a stock analyst. The Treasury Secretary disputed subsidy claim by Lanka IOC (LIOC), fuel retailer, which is owed over Rs. 7 billion despite a bullish […]
Sloppy Efforts
NGOs charged that lack of coordination by one central agency was slowing down reconstruction after the tsunami. NGOs charged that lack of coordination by one central agency was slowing down reconstruction after the tsunami. Although government set up TAFREN which is now called RADA to be the main body helping reconstruction it does not maintain […]