Category: Industry
Short Circuit
Cabinet Spokesperson Mangala Samaraweera said Thursday that Cabinet approval for an electricity tariff hike was deferred, after no agreement was reached on how much.Cabinet Spokesperson Mangala Samaraweera said Thursday that Cabinet approval for an electricity tariff hike was deferred, after no agreement was reached on how much. “Cabinet didn’t want tariffs for the first 90 […]
Radar Test
A team from the US Department of Energy will visit Sri Lanka next week for a technical study on deploying radiation detection equipment at the country’s port.A team from the US Department of Energy will visit Sri Lanka next week for a technical study on deploying radiation detection equipment at the country’s port. The study […]
Kind Words
Sri Lanka is banking on Saudi Arabia’s tacit support to secure concessions from an upcoming OPEC Fund meeting.Sri Lanka is banking on Saudi Arabia’s tacit support to secure concessions from an upcoming OPEC Fund meeting. Saudi Arabia has been a long standing friend, says Finance Minister Dr.Sarath Amunugama and they have promised to ‘put in […]
Web Watch
The Health Ministry plans to bring in laws to mandate private medical doctors to maintain patient records. The Health Ministry plans to bring in laws to mandate private medical doctors to maintain patient records. The laws will be incorporated into an upcoming Private Medical Institutions Act, spelling out a hospital’s rights, duties and obligations towards […]
Wire Tapping
Sri Lanka Telecom (SLT) will tap some 70 MB of bandwidth from regional internet service providers (ISP) to substitute for capacity lost to its damaged undersea cable.Sri Lanka Telecom (SLT) will tap some 70 MB of bandwidth from regional internet service providers (ISP) to substitute for capacity lost to its damaged undersea cable. In a […]
Sprinkling Aid
The Ministry of Finance on Wednesday said the Treasury had released Rs.600 million in drought relief over the week.The Ministry of Finance on Wednesday said the Treasury had released Rs. 600 million in drought relief over the week. Released in two parts, Rs. 550 million has been marked out for dry ration allocations for the […]
Strike One
The Institute of Chartered Accountants of Sri Lanka (ICASL) qualified as the first higher education institute outside the university system for a World Bank grant last week.The Institute of Chartered Accountants of Sri Lanka (ICASL) qualified as the first higher education institute outside the university system for a World Bank grant last week. “We were […]
Hot Rod
A proposed 23 percent wage hike for Ceylon Electricity Board employees will be taken up tomorrow, appeasing trade unions that threatened to strike work on Wednesday. A proposed 23 percent wage hike for Ceylon Electricity Board employees will be taken up tomorrow, appeasing trade unions that threatened to strike work on Wednesday. The proposed wage […]
Rerouting
Sri Lanka Telecom says it will secure 40 MB of bandwidth by late Tuesday, to restore internet and international voice services partially after its main international link was damaged last Friday.Sri Lanka Telecom says it will secure 40 MB of bandwidth by late Tuesday, to restore internet and international voice services partially after its main […]
Dizzy News
Domestic users will be slapped with a five percent hike in electricity tariffs and an eight percent hike in bus and rail fares, as the Treasury factors in ‘corrections’ to trim its subsidy budget.Domestic users will be slapped with a five percent hike in electricity tariffs and an eight percent hike in bus and rail […]
Weak Link
Sri Lanka Telecom’s internet link collapsed late Saturday, when a ship damaged its undersea cable.Sri Lanka Telecom’s internet link collapsed late Saturday, when a ship damaged its undersea cable. The SEA-ME-WE III (South East Asia Middle East Western Europe) links Sri Lanka with the outside world through a landing point in Mount Lavinia. SLT officials […]
Deep Sea Moves
Sri Lanka Telecom sought US$ 5 mn damages from an Indian vessel, which allegedly damaged its undersea international cable.Sri Lanka Telecom sought US$ 5 mn damages from an Indian vessel, which allegedly damaged its undersea international cable. The dominant carrier’s Internet and international call network came to a standstill late Saturday, after a ship’s anchor […]