Category: Industry
Prove It
Sri Lankan government on fast track campaign to issue over one million identity cards before November 17.Sri Lankan government on fast track campaign to issue over one million identity cards before November 17. “We will allocate the month of September as the national identity card month,” said Tilak Ranaviraja, secretary, Ministry of Public Security, Law […]
Electricity Hell
The CEB has re-issued its gazette announcement to increase electricity charges and has postponed the price increase.The CEB has re-issued its gazette announcement to increase electricity charges and has postponed the price increase. The increase in electricity fixed charges, that was due in August, will hit consumers from October 1, under a new gazette notice […]
Speed Dial
Dialog Telekom on Monday reported a Rs.3.44 bn net profit for the fist half of 2005 – pushing its bottom line up 76.6% over 2004. Dialog Telekom on Monday reported a Rs. 3.44 bn net profit for the fist half of 2005 – pushing its bottom line up 76.6% over 2004. The bottom line increase […]
Late Start
Sri Lanka Telecom says it will need at least six months to deploy its low cost wireless technology, though it’s already feeling the heat from rival networks.Sri Lanka Telecom says it will need at least six months to deploy its low cost wireless technology, though it’s already feeling the heat from rival networks. SLT secured […]
Shrinking Wallets
A tax slapped on all advertising budgets last year has not really tightened purse strings, but companies are thinking twice about the way they spend to grab attention.A tax slapped on all advertising budgets last year has not really tightened purse strings, but companies are thinking twice about the way they spend to grab attention. […]
Setting Up
The US embassy announced the launch of a programme for a tsunami warning system for Indian Ocean countries, on Tuesday.The US embassy announced the launch of a programme for a tsunami warning system for Indian Ocean countries, on Tuesday. The Indian Ocean Tsunami Warning System (IOTWS) program is a two year, US$ 16.6 million project, […]
Thin Roof
The International Organisation for Migration (IOM) Tuesday announced it has completed 3,000 transitional shelters for Sri Lanka’s tsunami survivors.The International Organisation for Migration (IOM) Tuesday announced it has completed 3,000 transitional shelters for Sri Lanka’s tsunami survivors. Some 140 families on the east coast, one of the worst hit by the December 26 giant waves, […]
Caution Ahead
As oil threatens to hurtle past US$ 70 a barrel, state oil giant Ceypetco is urging the government to raise prices, with its oil bill likely to shoot past US$ 1.4 billion this year. As oil threatens to hurtle past US$ 70 a barrel, state oil giant Ceypetco is urging the government to raise prices, […]
Quick Chat
Telco giant Sri Lanka Telecom on Monday secured a licence to expand its network using low cost wireless technology.Telco giant Sri Lanka Telecom on Monday secured a licence to expand its network using low cost wireless technology. “We got our CDMA licence this afternoon and a formal announcement will come tomorrow,” a top SLT official […]
Bad Job
Going abroad to work is a one way ticket to the land of no return for increasing numbers of Sri Lankan poor. Going abroad to work is a one way ticket to the land of no return for increasing numbers of Sri Lankan poor. For Sri Lanka’s rural poor, going abroad to work is the […]
NGO Accounting
The Asian Tsunami tragedy has already attracted around US$ 9 billion in money and other aid to the region but experts say systems and internal controls to manage this outpouring is not up to mark.The Asian Tsunami tragedy has already attracted around US$ 9 billion in money and other aid to the region but experts […]
Budget: Big Plans
The government says its top priority will be to increase infrastructure investment as it stated the budget making process for next year.The government says its top priority will be to increase infrastructure investment as it stated the budget making process for next year. Years of underinvestment by successive governments especially in rural infrastructure have contributed […]