Category: Industry
Hurt retired
Hayleys AIG insurance says an expression by Ceylinco Insurance to acquire its life business has been passed down to its shareholders; the AIG group and local conglomerate Hayleys.Hayleys AIG insurance says an expression by Ceylinco Insurance to acquire its life business has been passed down to its shareholders; the AIG group and local conglomerate Hayleys. […]
Still More
Sri Lanka gets OPEC help to ease its hefty fuel bill, even as a tariff hike for diesel is with Cabinet and an increase in water tariffs also on the cards. Sri Lanka gets OPEC help to ease its hefty fuel bill, even as a tariff hike for diesel is with Cabinet and an increase […]
Off Asia
Tourist arrivals from East Asia, including Japan and China dipped in August, taking total tourist numbers down over record arrivals in July.Tourist arrivals from East Asia, including Japan and China dipped in August, taking total tourist numbers down over record arrivals in July. August saw over 48,000 people visiting Sri Lanka, a 15.3 percent increase […]
‘s View
Sri Lanka has been given extra landing rights to Lebanon and the United Arab Emirates, under the recently concluded bilateral talks.Sri Lanka has been given extra landing rights to Lebanon and the United Arab Emirates, under the recently concluded bilateral talks. Under the new terms, the UAE has allowed 45 passenger frequencies per week to […]
Bird’s View
Sri Lanka has been given extra landing rights to Lebanon and the United Arab Emirates, under the recently concluded bilateral talks.Sri Lanka has been given extra landing rights to Lebanon and the United Arab Emirates, under the recently concluded bilateral talks. Under the new terms, the UAE has allowed 45 passenger frequencies per week to […]
Cloak & Dagger
Electricity tariffs will go up by about seven percent from November 1, with no price change for domestic users who fall under the 90 unit band.Electricity tariffs will go up by about seven percent from November 1, with no price change for domestic users who fall under the 90 unit band. The Ceylon Electricity Board […]
Tough Luck
The special labour-rights based duty cuts for Sri Lankan exports into the European Union will hold until end 2005, but renewal of concessions will be much harder. The special labour-rights based duty cuts for Sri Lankan exports into the European Union will hold until end 2005, but renewal of concessions will be much harder. According […]
Call Back
Cellular operator Celltel Lanka’s mobile service in Colombo was fully restored by late Wednesday afternoon after a software glitch knocked off part of its service to the city.Cellular operator Celltel Lanka’s mobile service in Colombo was fully restored by late Wednesday afternoon after a software glitch knocked off part of its service to the city. […]
Off Peak
Cellular operator Celtell Infinity’s service came to a standstill Wednesday, after an attempt to upgrade the software running its mobile network was unsuccessful.Cellular operator Celtell Infinity’s service came to a standstill Wednesday, after an attempt to upgrade the software running its mobile network was unsuccessful. The software upgrade, expected to help enhance Celtell’s services, was […]
Convict Exchange
Sri Lanka and Lebanon are in talks for a prisoner swap so that the convicted of both countries can be tried on home ground. Sri Lanka and Lebanon are in talks for a prisoner swap so that the convicted of both countries can be tried on home ground. As at right now, there are no […]
Taking Responsibility
The Ceylon Chamber of Commerce (CCC) says local business need to practice Corporate Social Responsibility (CSR) as a common work place tool.The Ceylon Chamber of Commerce (CCC) says local business need to practice Corporate Social Responsibility (CSR) as a common work place tool. The Chamber says it will take up the topic at its fifth […]
Service Charge
The Inland Revenue says a new tax – the Economic Service Charge (ESC) – will be enforced on companies from next week.The Inland Revenue says a new tax – the Economic Service Charge (ESC) – will be enforced on companies from next week. “We will advertise for companies to pay next week,” said Commissioner of […]