Category: Industry
Travel Allowance
Mobile operator Dialog Telecom’s revenues could be significantly under forecasted, with potential increases in revenue from segments including automatic international roaming under valued.Mobile operator Dialog Telecom’s revenues could be significantly under forecasted, with potential increases in revenue from segments including automatic international roaming under valued. Dialog has also just commenced providing turnkey solutions to foreign […]
Disney Channel
Sri Lanka’s main tsunami relief agency today claimed progress in building “transitional shelter,” but their figures showed that at least 11,500 houses had disappeared in June. Sri Lanka’s main tsunami relief agency today claimed progress in building “transitional shelter,” but their figures showed that at least 11,500 houses had disappeared in June. The Task Force […]
First Gear
With tough rules of origin, Sri Lanka may be slow to draw on the benefits of the European Union’s new GSP Plus scheme, but euphoria will bring in the business.With tough rules of origin, Sri Lanka may be slow to draw on the benefits of the European Union’s new GSP Plus scheme, but euphoria will […]
Increased Float
The ADB has agreed to increase its component in funding the US$ 400 mn initial phase of the South Harbour project to US$ 150 mn.The ADB has agreed to increase its component in funding the US$ 400 mn initial phase of the South Harbour project to US$ 150 mn. The increase corresponds to a plea […]
Open Wide
Sri Lanka will lobby Malaysia for an Open Skies Agreement this week, freeing up more air routes between the countries, ahead of a second national airline making its entrance.Sri Lanka will lobby Malaysia for an Open Skies Agreement this week, freeing up more air routes between the countries, ahead of a second national airline making […]
‘s A Steal
More voices are being raised against the stealthy appropriation of provident funds by the Sri Lanka government, through the use of negative real rates.More voices are being raised against the stealthy appropriation of provident funds by the Sri Lanka government, through the use of negative real rates. “Today we have inflation running at a certain […]
Rolling In
Sri Lanka’s Finance Ministry says tax revenues increased in the first four months of 2005 but did not say whether it was below or higher than the original target.Sri Lanka’s Finance Ministry says tax revenues increased in the first four months of 2005 but did not say whether it was below or higher than the […]
Empty Hold
Air freight traffic slumped in Asia in May as high oil prices take the shine off global business and threatens to push the global airline industry further into the red. Air freight traffic slumped in Asia in May as high oil prices take the shine off global business and threatens to push the global airline […]
It’s A Steal
More voices are being raised against the stealthy appropriation of provident funds by the Sri Lanka government, through the use of negative real rates.More voices are being raised against the stealthy appropriation of provident funds by the Sri Lanka government, through the use of negative real rates. “Today we have inflation running at a certain […]
Round One
Shell Gas Lanka will jack up prices on a 12.5 kilo cylinder by Rs. 94 with effect midnight tonight, following the green light from watchdog the Consumer Affairs Authority.Shell Gas Lanka will jack up prices on a 12.5 kilo cylinder by Rs. 94 with effect midnight tonight, following the green light from watchdog the Consumer […]
Going Nowhere
Lending agency loans, for electricity sector reforms in Sri Lanka, expire this week but reforms talks between government and trade unions are still deadlocked.Lending agency loans, for electricity sector reforms in Sri Lanka, expire this week but reforms talks between government and trade unions are still deadlocked. A Rs 3 bn loan from the Japan […]
Chips Anyone
Chipmaker Intel says it is helping local PC assemblers put together laptop computers and improve assembly standards.Chipmaker Intel says it is helping local PC assemblers put together laptop computers and improve assembly standards. Intel officials say growth in mobile computing is higher than desktop PCs in both technologically advanced and developing countries. Low PC penetration […]