Category: Industry
Box Rates
Sri Lankan ship agents want a cut in empty container handling tariffs, currently costing between US$ 40 to US$ 50 per 20 foot box.Sri Lankan ship agents want a cut in empty container handling tariffs, currently costing between US$ 40 to US$ 50 per 20 foot box. Agents say close to 100,000 twenty foot containers […]
Update Coming
Draft laws to prevent computer crime get green light from Sri Lanka’s Cabinet and will be gazetted by the end on June.Draft laws to prevent computer crime get green light from Sri Lanka’s Cabinet and will be gazetted by the end on June. “The good news is that after six to seven years of preparation […]
New Number
Sri Lanka Telecom’s fully owned cellular subsidiary rolls out second phase of its GSM network expansion to increase capacity to one million lines. Sri Lanka Telecom’s fully owned cellular subsidiary rolls out second phase of its GSM network expansion to increase capacity to one million lines. Mobitel on Tuesday signed a deal with global telecom […]
Border Trade
Local officials warn that trafficking of women and children could threaten migrant communities who have lost a lifetime of savings in last December’s killer tidal waves.Local officials warn that trafficking of women and children could threaten migrant communities who have lost a lifetime of savings in last December’s killer tidal waves. Waves that battered stretches […]
Tax Break
The Inland Revenue is adding priority banking to its list of concessions to good taxpayers.The Inland Revenue is adding priority banking to its list of concessions to good taxpayers. Inland Revenue’s Deputy Commissioner H B Senevirathne said a number of banks have agreed to offer concession to good tax payers, including startup-charge free credit cards […]
Guessing Game
The head of government’s Strategic Enterprises Management Authority (SEMA) says proposals to build two coal power plants would be accepted to overcome energy crisis as key unions opposed donor-backed reforms.The head of government’s Strategic Enterprises Management Authority (SEMA) says proposals to build two coal power plants would be accepted to overcome energy crisis as key […]
The Challenge
A think tank said implementation will be the main challenge for the government now that donors have pledged the full tsunami reconstruction requirement. A think tank said implementation will be the main challenge for the government now that donors have pledged the full tsunami reconstruction requirement. The Institute of Policy Studies says transparency and accountability […]
Road Across
Japan on Friday gave close to US$ 10 million to Sri Lanka to construct a bridge across the Mahaweli River – a link on the A-11 road, which is a key access route to the east coast.Japan on Friday gave close to US$ 10 million to Sri Lanka to construct a bridge across the Mahaweli […]
Steering Off
Shippers and ship agents say a lack of commitment from consecutive governments is eroding Sri Lanka’s advantages in the maritime business. Shippers and ship agents say a lack of commitment from consecutive governments is eroding Sri Lanka’s advantages in the maritime business. A Ceylon Chamber of Commerce forum on port development and its impact on […]
Air Assets
European truce monitors in Sri Lanka have warned that the “air assets” of separatist Tamil Tiger rebels could re-ignite war on the island and destabilise security in South Asia.European truce monitors in Sri Lanka have warned that the “air assets” of separatist Tamil Tiger rebels could re-ignite war on the island and destabilise security in […]
Boarding Now
Sri Lanka’s aviation regulator is to pick two of nine contenders including Jetwing Travels, to fly alongside national carrier SriLankan Airlines on international routes.Sri Lanka’s aviation regulator is to pick two of nine contenders including Jetwing Travels, to fly alongside national carrier SriLankan Airlines on international routes. The country’s aviation apex body called for Expressions […]
Early Bird
Malaysia’s successful budget carrier AirAsia, is in early talks with Sri Lanka’s aviation authorities as it eyes Colombo for its next regional expansion.Malaysia’s successful budget carrier AirAsia, is in early talks with Sri Lanka’s aviation authorities as it eyes Colombo for its next regional expansion. “We are at very early stages. We have just started […]