Category: Industry
Panic, Panic
Sri Lankan motorists queued up at petrol sheds late Friday in a bout of panic buying on rumours that fuel shipments due early next week were being delayed.Sri Lankan motorists queued up at petrol sheds late Friday in a bout of panic buying on rumours that fuel shipments due early next week were being delayed. […]
Hello Operator
Dialog Telekom, Telekom Malaysia Bhd’s Sri Lankan mobile unit, is expected to come out with a rating in the coming weeks, officials said Thursday.Dialog Telekom, Telekom Malaysia Bhd’s Sri Lankan mobile unit, is expected to come out with a rating in the coming weeks, officials said Thursday. Sri Lanka’s largest mobile operator has already signed […]
Test Run
Dialog Telekom Ltd., whose shares surged 25 percent on their trading debut today, plans to offer high-speed Internet access on mobile phones as it seeks to cement its place as Sri Lanka’s No. 1 cellular-service provider. Dialog Telekom Ltd., whose shares surged 25 percent on their trading debut today, plans to offer high-speed Internet access […]
Dial 110
A new emergency rescue service deploying ambulances at call can save 30 percent of accident victims who die en-route to hospital in dangerous trishaw journeys.A new emergency rescue service deploying ambulances at call can save 30 percent of accident victims who die en-route to hospital in dangerous trishaw journeys. Trishaws or three wheelers are the […]
Hoteliers to catch elephant ride into a big money market next year
Sri Lankan hoteliers to catch an elephant ride into a big money market next year that could see hotel rooms filling up in the off season.Sri Lankan hoteliers to catch an elephant ride into a big money market next year that could see hotel rooms filling up in the off season. The Jetwing and John […]
Cargo Trouble
Soaring fuel prices are squeezing international trade, with global cargo growth – a leading economic indicator of business – slowing over previous years.Soaring fuel prices are squeezing international trade, with global cargo growth – a leading economic indicator of business – slowing over previous years. Traffic results for the first half of this year show […]
Lets Hear It
The controversy ridden CPP system will get a fresh hearing in August, as the telecom watchdog assess public opinion for the interconnection model.The controversy ridden CPP system will get a fresh hearing in August, as the telecom watchdog assess public opinion for the interconnection model. An earlier exercise where consumers wrote in their opinion was […]
Budget Talk
Mobile operator Celltel Lanka, is offering per second billing to its pre-paid card segments, as it finds creative ways to remain competitive.Mobile operator Celltel Lanka, is offering per second billing to its pre-paid card segments, as it finds creative ways to remain competitive. Sri Lanka has over 2.2 million mobile subscribers, serviced by four mobile […]
Flying Forward
SriLankan Airlines will piggyback on codeshare agreements with Emirates to expand its network to Sydney and Cyprus, even as soaring fuel prices puts the breaks on growth.SriLankan Airlines will piggyback on codeshare agreements with Emirates to expand its network to Sydney and Cyprus, even as soaring fuel prices puts the breaks on growth. It will […]
Pumping Back
The government is to get Attorney General’s advice to take back a one third stake in the retail fuel sector held by the Treasury, and hand it back to state owned Ceypetco. The government is to get Attorney General’s advice to take back a one third stake in the retail fuel sector held by the […]
‘s Here
Sri Lanka on Tuesday signed up for over € 60 million worth of financial help from the German government for post-tsunami reconstruction work, the Finance Ministry said.The package includes a € 49 million (Rs. 5.9 billion) grant for post-tsunami rehabilitation and € 13 million (Rs.1.6 billion) due this year as debt repayments from Sri Lanka […]
It’s Here
Sri Lanka on Tuesday signed up for over € 60 million worth of financial help from the German government for post-tsunami reconstruction work, the Finance Ministry said.The package includes a € 49 million (Rs. 5.9 billion) grant for post-tsunami rehabilitation and € 13 million (Rs.1.6 billion) due this year as debt repayments from Sri Lanka […]