Category: Industry
Thrice Lucky
The Asian Development Bank says it is willing to stay on in the power sector, despite the government missing its second deadline for a US$ 60 million loan.The Asian Development Bank says it is willing to stay on in the power sector, despite the government missing its second deadline for a US$ 60 million loan. […]
Crowded Space
World Intellectual Property Organisation (WIPO) reports a 20 percent jump in action against cybersquatting but Sri Lankan companies still not defending their names in cyberspace.World Intellectual Property Organisation (WIPO) reports a 20 percent jump in action against cybersquatting but Sri Lankan companies still not defending their names in cyberspace. WIPO says 1,456 cases were filed […]
Galadari Hotels to convert long standing debt, to equity
Sri Lankan five star city hotel Galadari Hotels Limited, will seek shareholders approval to convert part of two long standing loans, to equity.Sri Lankan five star city hotel Galadari Hotels Limited, will seek shareholders approval to convert part of two long standing loans, to equity. In a statement to the Colombo Stock Exchange (CSE) the […]
Very Berry
Jan 26 (LBO) – Sri Lankan cellular giant Dialog Telekom together with Canada?s Research in Motion, launched the ultimate in electronic leashes on Thursday ? the Blackberry mobile data and personal information management tool. Jan 26 (LBO) – Sri Lankan cellular giant Dialog Telekom together with Canada?s Research in Motion, launched the ultimate in electronic […]
Tourist arrivals to Sri Lanka drops by 3% in 2005
Jan 26 (LBO) – Sri Lanka’s tourism industry struggles back to its feet after the tsunami, to be knocked down by internal politics.Jan 26 (LBO) – Sri Lanka’s tourism industry struggles back to its feet after the tsunami, to be knocked down by internal politics. The Sri Lanka Tourist Board on Thursday, reported a 3 […]
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 […]
Building Plan
Jan 24 (LBO) – A new set of housing guidelines published by the National Housing authority, tries to keep coastal dwellings standing should a tsunami strike again.Jan 24 (LBO) – A new set of housing guidelines published by the National Housing authority, tries to keep coastal dwellings standing should a tsunami strike again. The National […]
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. […]
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 […]