Category: Industry
Window Dressing
Financial statements of Sri Lankan firms are sometimes incorrectly presented because local auditors don’t keep up with new developments, the island’s accounting and auditing watchdog said. Financial statements of Sri Lankan firms are sometimes incorrectly presented because local auditors don’t keep up with new developments, the island’s accounting and auditing watchdog said. The watchdog is […]
Green Power
Renewable energy player Vidulanka Ltd plans to tap the capital markets next year to raise around Rs.265 million to fund upcoming power projects, officials said Wednesday.Renewable energy player Vidulanka Ltd plans to tap the capital markets next year to raise around Rs. 265 million to fund upcoming power projects, officials said Wednesday. The power producer […]
Punjabi Rock
Sri Lankan artistes with raw talent, a little Punjabi sound fused with Sinhalese and some management help are finding a ready springboard into India’s music world. Sri Lankan artistes with raw talent, a little Punjabi sound fused with Sinhalese and some management help are finding a ready springboard into India’s music world. Overall Market Size […]
Healthy Interest
World Health Organisation (WHO) tells Sri Lankan health authorities to participate in trade talks, for good health.World Health Organisation (WHO) tells Sri Lankan health authorities to participate in trade talks, for good health. “We have advocated that Sri Lanka strengthen legal expertise in the Ministry of Health, to influence future trade negotiations,” said the director […]
‘s Got the Power?
Battle between the board and the management at the monopoly power utility CEB intensified as engineers objected to the board calling for reasons from the General Manager for his conduct.Battle between the board and the management at the monopoly power utility CEB intensified as engineers objected to the board calling for reasons from the General […]
Tri Call
Payphone operator Tritel, has become the fourth player to pick up a CDMA, or a low cost wireless communications license on Monday, officials said.Payphone operator Tritel, has become the fourth player to pick up a CDMA, or a low cost wireless communications license on Monday, officials said. “Tritel has been given the facility to use […]
At Sea
MANALKADU – Fishermen who survived the tsunami in this small village in northern Sri Lanka are no longer in the same boat — some have their own, the rest wish that they did.MANALKADU – Fishermen who survived the tsunami in this small village in northern Sri Lanka are no longer in the same boat — […]
Tough Call
UNITED NATIONS, Sept 26 (AFP) – The race to fill the shoes of UN Secretary General Kofi Annan is gaining pace amid growing consensus that an Asian should take over when the Ghana native stands down at the end of next year.UNITED NATIONS, Sept 26 (AFP) – The race to fill the shoes of UN […]
Aim to Serve
South Asian countries want more work visas in developed countries through world trade talks.South Asian countries want more work visas in developed countries through world trade talks. South Asian countries say world trade talks can help solve labour disparities by providing low cost, low skilled labour to fill labour gaps in developed countries. “At the […]
‘s Clothing
The United Nations whacked the European Union’s trade rules as ‘protectionist’, with tough eligibility requirements effectively shutting out poor countries.The United Nations whacked the European Union’s trade rules as ‘protectionist’, with tough eligibility requirements effectively shutting out poor countries. The EU has come most under attack for its tough Rules of Origin criteria, which specifies […]
Slow Coach
Corruption and inefficiency continue to plague tsunami aid efforts in Sri Lanka nine months after the disaster, the country’s auditor-general said Sunday.Corruption and inefficiency continue to plague tsunami aid efforts in Sri Lanka nine months after the disaster, the country’s auditor-general said Sunday. Auditor-General Sarath Mayadunne said accounting and administrative systems were not established immediately […]
Worry Lines
Environmental conservation groups say the Sethusamudram project, which is set to dredge a continuous navigable route through the Gulf of Mannar and the Palk Strait to link the Indian west coast with its east, can threaten both the fragile ecosystems in that area and the livelihood of those depending on it. Environmental conservation groups say […]