Category: Industry
Shore Leave
ASEAN region’s Shippers will anchor in Singapore this September to thrash out their concerns – toping the list is the disputed Terminal Handling Change (THC). ASEAN region’s Shippers will anchor in Singapore this September to thrash out their concerns – toping the list is the disputed Terminal Handling Change (THC). The Sri Lanka Shippers Association […]
Jetwing Group takesover Trinco’s Welcombe Hotel management for a short stint
The Jetwing Group, has taken over the management of ‘The Welcombe Hotel’ in Trincomalee, infusing its own brand of leisure expertise over a two-year period. The Jetwing Group, has taken over the management of ‘The Welcombe Hotel’ in Trincomalee, infusing its own brand of leisure expertise over a two-year period. The Welcombe (named after the […]
Flight Schedule
A US mission is due in August, exploring financing opportunities in civil aviation, after state requests to look at plans for a second runway and upgrade domestic airports.A US mission is due in August, exploring financing opportunities in civil aviation, after state requests to look at plans for a second runway and upgrade domestic airports. […]
Standard Practice
Treasury Secretary Dr. P B Jayasundara said Friday that gradual changes in fuel prices are needed, but without much disruption to domestic prices. Treasury Secretary Dr. P B Jayasundara said Friday that gradual changes in fuel prices are needed, but without much disruption to domestic prices. He said that unlimited amounts of subsidies were not […]
Eating Words
Ending months of denial and suspense, the government raised petrol prices by Rs. 8.00 with effect from midnight Friday Ending months of denial and suspense, the government raised petrol prices by Rs.8.00 with effect from midnight Friday Petrol at the pump would now cost Rs.65.00 per litre. But the government shot down a suggestion by […]
Biscuit Treat
The corporate sector took a whacking, as state educationists say they need more than the right noises and more private sector involvement to provide services in rural schools.The corporate sector took a whacking, as state educationists say they need more than the right noises and more private sector involvement to provide services in rural schools. […]
Tax Reverse
Attempts to recover taxes for which amnesty has been given could erode confidence in policy but not result in any significant recovery of lost taxes according to experts.Attempts to recover taxes for which amnesty has been given could erode confidence in policy but not result in any significant recovery of lost taxes according to experts. […]
Security Agenda
Ports and Aviation Minister Mangala Samaraweera will tackle enforcement of several security deals with the US while in Washington this week.Ports and Aviation Minister Mangala Samaraweera will tackle enforcement of several security deals with the US while in Washington this week. The Minister is on a five-day visit to Washington to attend the International Summit […]
Troubled Oil
State petroleum giant Ceypetco is lobbying Treasury officials to up fuel prices in July and hold it steady for about three months thereafter to allow consumers to absorb the shock.State petroleum giant Ceypetco is lobbying Treasury officials to up fuel prices in July and hold it steady for about three months thereafter to allow consumers […]
Open Call
The telecom industry could see a major shift in policy, with the Minister hinting of a technology neutralized licensing regime. The telecom industry could see a major shift in policy, with the Minister hinting of a technology neutralized licensing regime. Post & Telecommunication Minister D M U Jayaratner told reporters in Colombo on Monday an […]
Rural Call
The Telecom Ministry is revisiting a two year old proposal that was tied to the External Gateway Operator licences, requiring license holders to cough up part of their billing to fund rural communication infrastructure.The Telecom Ministry is revisiting a two year old proposal that was tied to the External Gateway Operator licences, requiring license holders […]
Acting Responsible
The Employers Federation of Ceylon (EFC) is adding its weight to the Corporate Social Responsibility (CSR) movement in Sri Lanka.The EFC – Sri Lankas only trade union of employers – is the latest corporate big-gun to jump the CSR bandwagon.rn rnThe concept is gaining momentum in Sri Lanka with international agencies and local trade chambers […]