Category: Industry
No Can Do
The Central Bank on Tuesday warned the public that Kandy based Lankawin Finance Company Limited was taking deposits without a license under the Finance Company’s Act.The Central Bank on Tuesday warned the public that Kandy based Lankawin Finance Company Limited was taking deposits without a license under the Finance Company’s Act. “The public is informed […]
Delayed Post
Postal Department employees will go on over-time-strike from twelve midnight on Monday until over time dues for September are paid.Postal Department employees will go on over-time-strike from twelve midnight on Monday until over time dues for September are paid. “From midnight today we will not do the over time shifts until the pay us our […]
Global tour operating giant TUI AG takes up 25% slice in Aitken Spence Travel Ltd
Global tour operating giant TUI AG, is taking up a 25 percent slice in Aitken Spece Travel Ltd., to jointly develop Sri Lanka as an attractive holiday destination. Global tour operating giant TUI AG, is taking up a 25 percent slice in Aitken Spece Travel Ltd., to jointly develop Sri Lanka as an attractive holiday […]
Boiling Point
A Water Board proposal to hike tariffs could see rates doubled, with 70 percent of domestic users in the first 20 unit band, seeing prices raised in three slabs.A Water Board proposal to hike tariffs could see rates doubled, with 70 percent of domestic users in the first 20 unit band, seeing prices raised in […]
Ringing Twice
The postal service loses about Rs. 8 for every letter they deliver in the island.The postal service loses about Rs. 8 for every letter they deliver in the island. The service is today mostly used for corporate mail like sending phone bills to bank statements. Most of this mail is sent by companies that don’t […]
‘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 […]
More Power
SriLankan Airlines will deploy their first mainline freighter aircraft to carry the increasing cargo loads to China and the Middle East.SriLankan Airlines will deploy their first mainline freighter aircraft to carry the increasing cargo loads to China and the Middle East. The airline is looking for a wide-bodied A 310 aircraft to join two smaller […]
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.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 […]