Category: Industry
Seconds Off
Sri Lanka’s commercial 3G licensing process is taking time to materialize as policymakers grapple over compensation for relocating current users in the spectrum table.Sri Lanka’s commercial 3G licensing process is taking time to materialize as policymakers grapple over compensation for relocating current users in the spectrum table. A proposed spectrum reallocation process in 2003 sought […]
Big Hello
MTN Networks handed in an application on Thursday to list up to 10 percent of its issued share capital on the Colombo bourse.MTN Networks handed in an application on Thursday to list up to 10 percent of its issued share capital on the Colombo bourse. The issue is likely to open by August 2005, and […]
Healthy Move
The World Health Meeting ended on Wednesday with 192 World Health Organisation (WHO) countries adopting new rules to control the spread of communicable diseases.The World Health Meeting ended on Wednesday with 192 World Health Organisation (WHO) countries adopting new rules to control the spread of communicable diseases. “These new regulations recognize that diseases do not […]
Shopping Around
The tsunami alters tourism industry dynamics in Sri Lanka with more visitors coming for a shopping experience rather than the traditional sun and sand break.The tsunami alters tourism industry dynamics in Sri Lanka with more visitors coming for a shopping experience rather than the traditional sun and sand break. Analysts from Asia Securities – a […]
‘s US$ 150 mn loans?
The International Finance Corp.‘s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks.The International Finance Corp.’s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks. […]
No takers in Sri Lanka for IFC’s US$ 150 mn loans?
The International Finance Corp.‘s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks.The International Finance Corp.’s offer of US$ 150 million tsunami loan facility is likely to go a begging in Sri Lanka, as hoteliers seek comfort in local banks. […]
Damn It
Sri Lanka’s next Tsunami type wave might hit inland if one of the many dams in the country gives way due to lack of maintenance according to a former boss of irrigation.Sri Lanka’s next Tsunami type wave might hit inland if one of the many dams in the country gives way due to lack of […]
Limited Mobility
Sri Lanka is set to allow local private airlines to operate international flights using air service agreements the government enjoys with other countries, the aviation minister said Thursday.Sri Lanka is set to allow local private airlines to operate international flights using air service agreements the government enjoys with other countries, the aviation minister said Thursday. […]
Pitt Stop
Sri Lanka will build a bunkering port in the island’s remote southern tip to service international shipping, the ports and aviation minister said Thursday.Sri Lanka will build a bunkering port in the island’s remote southern tip to service international shipping, the ports and aviation minister said Thursday. Minister Mangala Samaraweera said the government was determined […]
Sailors Bond
Sri Lanka Ports Authority is considering a dollar bond issue this year to fund the initial phase of the proposed Colombo South harbour project.Sri Lanka Ports Authority is considering a dollar bond issue this year to fund the initial phase of the proposed Colombo South harbour project. The port needs to raise over US$ 200 […]
Southern Sail
Sri Lanka is in talks with Chine to fund a US$ 90 mn tank farm in Hambantota – the first phase of a proposed mega port development in the South of the island. Sri Lanka is in talks with Chine to fund a US$ 90 mn tank farm in Hambantota – the first phase of […]
Temp Jobs
Sri Lanka will import air traffic controllers from neighbouring India to prevent a shutdown of international flights in case local unions strike, the airport chief said Thursday.Sri Lanka will import air traffic controllers from neighbouring India to prevent a shutdown of international flights in case local unions strike, the airport chief said Thursday. A handful […]