Category: Industry
What Responsibility?
Sustainability reporting is still Greek to most listed companies in Sri Lanka while non-listed companies don’t even have annual reports, shows a recent survey.Sustainability reporting is still Greek to most listed companies in Sri Lanka while non-listed companies don’t even have annual reports, shows a recent survey. A survey, by the Association of Certified Chartered […]
Big Bite
National carrier SriLankan Airlines is starting off a daily return service from Colombo to New York’s JKF Airport this month, its CEO said Monday.National carrier SriLankan Airlines is starting off a daily return service from Colombo to New York’s JKF Airport this month, its CEO said Monday. The daily return service which starts on March […]
Black Out
Government will lose US$ 100 million in donor funding if overdue CEB reforms are not done by the end the month.Government will lose US$ 100 million in donor funding if overdue CEB reforms are not done by the end the month. The Japan Bank for International Cooperation (JBIC) and the Asian Development Bank have said […]
Japanese Input
The Japanese government commits money to get electricity transmission in the North back on track and for agriculture development.The Japanese government commits money to get electricity transmission in the North back on track and for agriculture development. A loan of Rs 1.2 bn will go towards rehabilitating the Vavuniya – Kilinochchi electricity transmission line. “This […]
Mosquito Bite
Air fares to hot spots like Middle East and London are bottoming out, putting pressure on full fledge carriers, but newbie Etihad Airways says there is still room for all to survive in a friendly manner.Air fares to hot spots like Middle East and London are bottoming out, putting pressure on full fledge carriers, but […]
Flight Check
Holiday Air, a Sri Lankan airline, plans to invest US$ 12 mn to operate international flights from the island, following the liberalisation of the sector, the government’s Board of Investment said Friday.Holiday Air, a Sri Lankan airline, plans to invest US$ 12 mn to operate international flights from the island, following the liberalisation of the […]
No Surprises
Commercial Bank of Ceylon retained its AA+ (sri) national rating for its implied long-term unsecured senior debt, from Fitch Ratings Lanka Ltd. Commercial Bank of Ceylon retained its AA+ (sri) national rating for its implied long-term unsecured senior debt, from Fitch Ratings Lanka Ltd. Fitch also affirms the AA (sri) rating assigned to the bank’s […]
Reality Cheque
Two months after the tsunami, Sri Lanka has so far got less than 10 percent of its emergency aid requirement to rebuild devastated areas, despite an outpouring of international goodwill.Two months after the tsunami, Sri Lanka has so far got less than 10 percent of its emergency aid requirement to rebuild devastated areas, despite an […]
Funding Accountability
The World Bank is inviting non-governmental and civil society organisations to apply for grants for social accountability programmes. The World Bank is inviting non-governmental and civil society organisations to apply for grants for social accountability programmes. The World Bank Colombo Office is inviting non-governmental and civil society organizations in Sri Lanka to submit their applications […]
Cyber Battles
The World Intellectual Property Office (WIPO) says cyber squatters are increasingly encroaching dot coms and country code domains, all over the world.The World Intellectual Property Office (WIPO) says cyber squatters are increasingly encroaching dot coms and country code domains, all over the world. According to WIPO cyber squatting, or the illegal use of names or […]
Slow Connection
eServices Lanka, the automated cargo clearance service, is looking to tie up with trade groups to coax more traffic online. eServices Lanka, the automated cargo clearance service, is looking to tie up with trade groups to coax more traffic online. “We are open to agreements with parties to increase clearance volumes,” said Sameera Samarakkody, Business […]
Remember Me?
They may be differently able, but some two million Sri Lankans are shut out of public places, as the able bodied fail to understand their needs, a new disability group said Tuesday.They may be differently able, but some two million Sri Lankans are shut out of public places, as the able bodied fail to understand […]