Category: Industry
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 […]
Who’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 […]
Sheep’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 […]
Clean Bowled
The government ramped up its election campaign by rushing through a law that forces Sri Lanka’s private sector to pay a Rs. 1,000 (US$ 10) more to its workers. The government ramped up its election campaign by rushing through a law that forces Sri Lanka’s private sector to pay a Rs. 1,000 (US$ 10) more […]
‘n surf
Tsunami hit Sri Lanka has seen a shift in its tourism mix, with more visitors popping in to shop and see the city lights than soak up the sun or hit the cultural beat, officials said Friday.Tsunami hit Sri Lanka has seen a shift in its tourism mix, with more visitors popping in to shop […]
House Cleaning
The government on Friday said it was setting aside Rs. 500 million to write off mortgages on homes affected by last December’s tsunami as a further relief measure to the victims. The government on Friday said it was setting aside Rs. 500 million to write off mortgages on homes affected by last December’s tsunami as […]
Tourist prefer to shop than soak up the sun ‘n surf
Tsunami hit Sri Lanka has seen a shift in its tourism mix, with more visitors popping in to shop and see the city lights than soak up the sun or hit the cultural beat, officials said Friday.Tsunami hit Sri Lanka has seen a shift in its tourism mix, with more visitors popping in to shop […]
Oil Guzzlers
Demand for petrol is increasing in Sri Lanka despite two price increases this year, says the Ceylon Petroleum Corporation (CPC).Demand for petrol is increasing in Sri Lanka despite two price increases this year, says the Ceylon Petroleum Corporation (CPC). According to CPC data, average petrol consumption per day, is now around 1,200 MT, compared to […]
‘s Through
ICICI Bank, India’s second-largest bank by assets, has received a provisional banking license from the Central Bank of Sri Lanka to commence operations in the island, an ICICI Bank official said Wednesday.ICICI Bank, India’s second-largest bank by assets, has received a provisional banking license from the Central Bank of Sri Lanka to commence operations in […]