Electronic Leash

SriLankan Cargo is offering a web based supply chain management solutions to cut costs and speed up the documentation process for its customers.SriLankan Cargo is offering a web based supply chain management solutions to cut costs and speed up the documentation process for its customers. The national carrier says e-HAWB (electronic House Air Way Bill), […]

Filling Up

Sri Lanka is close to firming up a deal with Oil and Natural Gas Corporation (ONGC) in India, to import refined crude products under a US$ 150 mn credit line. Sri Lanka is close to firming up a deal with Oil and Natural Gas Corporation (ONGC) in India, to import refined crude products under a […]

Hanging Up

The Welikada prison’s 7000 inmates will stay-put, with Sri Lanka telecom hanging up on its call centre project.The Welikada prison’s 7000 inmates will stay-put, with Sri Lanka telecom hanging up on its call centre project. Chief Executive Shuhei Anan told shareholders on Monday that the telco giant would abandon its Telecom City project to focus […]

Encore

The Inland Revenue says it will call for fresh applications for amnesty since the amnesty law of 2003 was repealed and a new law was introduced last month.The Inland Revenue says it will call for fresh applications for amnesty since the amnesty law of 2003 was repealed and a new law was introduced last month. […]

Venturing Out

Jet Airways and Air Sahara are closing strategic deals with international airlines in a bid to smoothen their global take-off.Jet Airways and Air Sahara are closing strategic deals with international airlines in a bid to smoothen their global take-off. While Jet Airways has forged an alliance with South African Airways (SAA) to boost business and […]

Bosom Buddies

Cancer among women is increasing in Sri Lanka and private health care services are rising to the needs with wigs and chests at very competitive prices. Cancer among women is increasing in Sri Lanka and private health care services are rising to the needs with wigs and chests at very competitive prices. Ceylinco Healthcare Service […]

Debt Collector

The Inland Revenue says it is due five billion rupees in Goods and Services Tax (GST) and that companies and individuals must pay up before December 31, or face penalties.The Inland Revenue says it is due five billion rupees in Goods and Services Tax (GST) and that companies and individuals must pay up before December […]

Going Thermal

With 100 MW of electricity capacity kicking in on Wednesday and 55 MW on the way, Sri Lanka’s power situation looks better next quarter than it did six months ago. With 100 MW of electricity capacity kicking in on Wednesday and 55 MW on the way, Sri Lanka’s power situation looks better next quarter than […]

Nerd Camp

A knowledge network intended to build up Asian capacity to create and maintain pro-poor, pro-market and innovation friendly policy and regulatory environments for information and communication, took off in Sri Lanka recently. A knowledge network intended to build up Asian capacity to create and maintain pro-poor, pro-market and innovation friendly policy and regulatory environments for […]

Singapore Only

Singapore is looking at setting up a free trade zone for Singaporean investors in Sri Lanka, before expanding formal economic ties between the two countries.Singapore is looking at setting up a free trade zone for Singaporean investors in Sri Lanka, before expanding formal economic ties between the two countries. A team from Jurong is studying […]

Feeding Flyers

Diesel & Motor Engineering Company Limited (DIMO) stepped in on Thursday, to assist SriLankan Catering feed thousands of airline passengers setting foot on the island. Diesel & Motor Engineering Company Limited (DIMO) stepped in on Thursday, to assist SriLankan Catering feed thousands of airline passengers setting foot on the island. With its latest venture worth […]

Are tourists actually spending more in Sri Lanka?

A twelve year snapshot of spending patterns exposed to the rupee devaluation show that tourists are actually spending less than what they used to back in the days of 1992.A twelve year snapshot of spending patterns exposed to the rupee devaluation show that tourists are actually spending less than what they used to back in […]

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