Category: Industry
Waiting Game
Sri Lanka and India said Friday that they had agreed to ink a new economic pact aimed at boosting free trade by end 2005, one-year later than originally planned.Sri Lanka and India said Friday that they had agreed to ink a new economic pact aimed at boosting free trade by end 2005, one-year later than […]
Word War
Sri Lanka’s truce monitors this week declared that the ceasefire was “not currently in danger” despite fears of war raised by peace broker Norway, financial backer Japan and the two main protagonists themselves.Sri Lanka’s truce monitors this week declared that the ceasefire was “not currently in danger” despite fears of war raised by peace broker […]
Pre-emptive Action
The World Intellectual Property Organization (WIPO) says its time intellectual property rights protection extended further into the Internet.The World Intellectual Property Organization (WIPO) says its time intellectual property rights protection extended further into the Internet. WIPO is recommending “a uniform intellectual property (IP) protection mechanism” to control illegal domain name registrations in any new generic […]
Cheap Deals
Possibly Sri Lanka’s first budget carrier Holiday Air is optimistic about flying from Colombo to 16 destinations alongside SriLankan Airlines by end February 2006.Possibly Sri Lanka’s first budget carrier Holiday Air is optimistic about flying from Colombo to 16 destinations alongside SriLankan Airlines by end February 2006. The no-frills carrier is one of nine contenders […]
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 […]