Category: Industry
‘s forests and wildlife sanctuaries is an expensive business for the cash strapped government
Managing the country’s forests and wildlife sanctuaries is an expensive business for the cash strapped government.Managing the country’s forests and wildlife sanctuaries is an expensive business for the cash strapped government. The leisure industry sees huge potential in nature related tourism and is keen to help raise awareness about the wildlife product here and conserve […]
Swedish Aid
The Swedish Government pitched in with a US$ 20 mn loan on Friday to light up villages, as well as small and medium industries in rural Sri Lanka.The Swedish Government pitched in with a US$ 20 mn loan on Friday to light up villages, as well as small and medium industries in rural Sri Lanka. […]
Lap Dance
ICM Worldwide with support from global chipmaker Intel, will begin commercial assembly of laptops here to meet local demand for mobile computing. ICM Worldwide with support from global chipmaker Intel, will begin commercial assembly of laptops here to meet local demand for mobile computing. The laptop’s design and specifications, on par with big brands will […]
Head Hunt
JobsNet, the national employment sourcing body, says it has 48,000 jobs and 83,000 job seekers, but brokering marriages between the two is easier said than done. JobsNet, the national employment sourcing body, says it has 48,000 jobs and 83,000 job seekers, but brokering marriages between the two is easier said than done. “We have 15,000 […]
Changing Tracks
Ceypetco will amend earlier plans to restrict its lubricant suppliers, allowing as many as possible to sell at its sheds from January next year.Ceypetco will amend earlier plans to restrict its lubricant suppliers, allowing as many as possible to sell at its sheds from January next year. Under earlier terms, about eight suppliers would sell […]
By Mail
Your area postmen could be the next financial services sales guy knocking at your door, under a programme to revive the Postal Department. Your area postmen could be the next financial services sales guy knocking at your door, under a programme to revive the Postal Department. The Dept., with a Rs. 465 million loss last […]
Tax Fix
The ESC tax bomb could land on your doorstep next week but if you ignore it, you’re in for bigger damages. The ESC tax bomb could land on your doorstep next week but if you ignore it, you’re in for bigger damages. The Inland Revenue Dept is targeting Rs 1.5 bn this year from the […]
Limited Edition
The Central Bank has resumed sales for commemorative gold and silver coins from Friday after a temporary halt following an upsurge in world market prices. The Central Bank has resumed sales for commemorative gold and silver coins from Friday after a temporary halt following an upsurge in world market prices. Speculators were minting on the […]
Check Mail
Sri Lanka Telecom (SLT) is drilling into the student populations to expand its internet and email service, with low cost accounts.Sri Lanka Telecom (SLT) is drilling into the student populations to expand its internet and email service, with low cost accounts. The telco giant says student demand for internet service was on the rise, with […]
Packaged PC
Taking international brand names head on, PC House is expanding its Panora range of desktop computers with high end hardware to support upcoming software applications.Already since the brand’s July launch, the company has secured a government tender for 4000 PCs, for use in secondary schools across the island. Managing Director S H M Rishan says […]
Inflated Fertility
A 29-year-old Sri Lankan woman Wednesday gave birth to three girls and two boys in the island’s first recorded quintuplet delivery, hospital officials here said.A 29-year-old Sri Lankan woman Wednesday gave birth to three girls and two boys in the island’s first recorded quintuplet delivery, hospital officials here said. The unemployed woman, Chamila Weerasekara, and […]
The Tourist Board acquires land to tempt foreign businessman to invest.
The Tourist Board is acquiring land to tempt foreign businessmen, but a controversial land tax on foreign ownership has got investors stalling.The Tourist Board is acquiring land to tempt foreign businessmen, but a controversial land tax on foreign ownership has got investors stalling. The ‘Land Bank’ project mooted last year has identified possible tourism development […]