Category: Industry
Sideslip
Sri Lanka’s aviation authorities have identified a new location for the second international airport for the island. Sri Lanka’s aviation authorities have identified a new location for the second international airport for the island. The 800-acre plot is located in Habaraduwa in the Galle District, near an existing airstrip in Koggala. “The next step will […]
Clean Bin
The Urban Development Authority (UDA) says some 50 acres of water front property in Colombo will be released for commercial use by 2006 under the second phase of the Beira Lake restoration project.The Urban Development Authority (UDA) says some 50 acres of water front property in Colombo will be released for commercial use by 2006 […]
Aid Drip
The International Finance Corp.(IFC) is spearheading a US$ 10 mn technical assistant project to uplift Sri Lanka’s small and medium sector.The International Finance Corp. (IFC) is spearheading a US$ 10 mn technical assistant project to uplift Sri Lanka’s small and medium sector. The Washington based IFC has chipped in US$ 2 mn to start off […]
Reading Easy
A local company broke the language barrier, developing a Sinhalese text recognition solution that interprets printed documents as text.A local company broke the language barrier, developing a Sinhalese text recognition solution that interprets printed documents as text. Developers, Sanje Lanka say the Sinhala Optical Character Recognition (OCR) system allows users to move away from saving […]
District Office
The Matale District Secretariat will take its business online in a pilot project, which hopes to automate its routine work.The Matale District Secretariat will take its business online in a pilot project, which hopes to automate its routine work. The Matele District Secretariat is one of 320 government agents providing a range of citizen services […]
New Syllabus
Over thousand secondary schools will get a facelift through a US$ 35 mn Asian Development Bank loan, the Manila based bank said Monday. Over thousand secondary schools will get a facelift through a US$ 35 mn Asian Development Bank loan, the Manila based bank said Monday. The project upgrades 1,100 1AB and 1C schools, make […]
Full Profile
If you’re trying to strike it big in Kotte City, its Municipal Council is now equipped to tell you just about anything, from the best place to build a house to the worst site to start a business. If you’re trying to strike it big in Kotte City, its Municipal Council is now equipped to […]
Crackling in the Line
Sri Lanka Telecom (SLT) said earnings will be hit this year due to the Telecom Development Levy and its subsidiary Mobitel’s operations.Sri Lanka Telecom (SLT) said earnings will be hit this year due to the Telecom Development Levy and its subsidiary Mobitel’s operations. SLT provided Rs. 2 billion for the Telecom Development Levy in the […]
People’s Money
People’s Bank and National Savings Bank (NSB) reported higher earnings for the first nine months despite the government slapping special levies on both institutions.People’s Bank and National Savings Bank (NSB) reported higher earnings for the first nine months despite the government slapping special levies on both institutions. NSB had forked out a billion rupees while […]
Tiddley Winks
Sri Lanka Insurance Corporation (SLIC) unveils an insurance plan for children between one month and 15 years.SLIC launched its new the new insurance plan for children, Mini Muthu on Thursday. The Mini Muthu plan of assurance is a life cover for both parents with a guaranteed fund for the child at maturity. Parents can choose […]
Fire Power
The government to subsidise the first 50 MW of dendro power to popularise dendro energy in Sri Lanka.The government to subsidise the first 50 MW of dendro power to popularise dendro energy in Sri Lanka. “The government will support the first 50 MW of pioneering dendro developers,” said Harsha Wickramasinghe, Project Director, Energy Conservation Fund. […]
Extra Mile
Trishaw owners have become a privileged lot, first fuel subsidies and tax cuts from the government and now individual attention from Peoples Bank.Trishaw owners have become a privileged lot, first fuel subsidies and tax cuts from the government and now individual attention from Peoples Bank. The bank says there are 200,000 registered three wheelers, with […]