Category: Industry
Dropping the Bar
Despite some of the best environmental standards in the region, Sri Lanka may do better to set its sights on less rigorous regulations that it actually can achieve.Despite some of the best environmental standards in the region, Sri Lanka may do better to set its sights on less rigorous regulations that it actually can achieve. […]
Getting Better
The BBB+ (sri) rated People’s Bank has wiped off its negative networth in March, but is still short of Rs. 11 bn to meet minimum capital requirements. The BBB+ (sri) rated People’s Bank has wiped off its negative networth in March, but is still short of Rs. 11 bn to meet minimum capital requirements. Desperate […]
Light Harvest
Ceylon Tobacco will pilot an effort to harvest energy off trees in a joint dendro power project with Lanka Transformers, due to get off ground in August.Ceylon Tobacco will pilot an effort to harvest energy off trees in a joint dendro power project with Lanka Transformers, due to get off ground in August. The slender […]
Good Standing
Fitch Ratings Lanka Ltd (FRL) assigns BBB+ (sri) (Triple B plus) national rating for Implied Long-term unsecured Senior Debt of People’s Bank (PB). Fitch Ratings Lanka Ltd (FRL) assigns BBB+ (sri) (Triple B plus) national rating for Implied Long-term unsecured Senior Debt of People’s Bank (PB). BBB+ (sri) long-term rating indicates that there is currently […]
Ctrl+Alt+Delete
The Central Bank has decided to wind up Pramuka Savings & Development Bank’s operations, following a Monetary Board meeting late Tuesday. The Central Bank has decided to wind up Pramuka Savings & Development Bank’s operations, following a Monetary Board meeting late Tuesday. The Bank has opted for it after carefully studying Asia Capital’s restructuring proposal […]
Mr. H
Trade unions in People’s Bank are calling upon members who have been involved in the GoldQuest scheme to come forward and seek their assistance if they are scared to come forward individually.Trade unions in People’s Bank are calling upon members who have been involved in the GoldQuest scheme to come forward and seek their assistance […]
Slow Coach
The term ‘slow coach’ is not a way of poking fun in Sri Lanka – it’s a reality.In some parts of the country the local trains go at five miles per hour.The term ‘slow coach’ is not a way of poking fun in Sri Lanka – it’s a reality. In some parts of the country […]
Speed Dialling
The Telecom Minister says up to 11 operators could be given technology neutral licenses, to clear up a 700,000-customers long waiting list, a bulk of it in rural Sri Lanka.The Telecom Minister says up to 11 operators could be given technology neutral licenses, to clear up a 700,000-customers long waiting list, a bulk of it […]
Gold Dispute
Customers of GoldQuest’s controversial network marketing scheme, who have not received gold coins and those whose cards have been used by third parties without their knowledge, have started get their money back after complaining to the credit card issuer. Customers of GoldQuest’s controversial network marketing scheme, who have not received gold coins and those whose […]
Gold Dispute 2
GoldQuest International Ltd, have responded to our story titled ‘Gold Dispute’ on the August 02. GoldQuest International Ltd, have responded to our story titled ‘Gold Dispute’ on the August 02. A faxed message from GoldQuest said: “Paragraph one states, ‘Customers of GoldQuest’s controversial network marketing scheme, who have not received gold coins and those whose […]
‘s rolls out an international PR campaign as part of the Tourist Board’s plan to actively market Sri Lanka
Top regional ad agency Batey’s has launched an international PR campaign as part of the Tourist Board’s plan to actively market Sri Lanka. Top regional ad agency Batey’s has launched an international PR campaign as part of the Tourist Board’s plan to actively market Sri Lanka. Batey’s is doing the PR campaign, part of a […]
Top regional ad agency Batey’s rolls out an international PR campaign as part of the Tourist Board’s plan to actively market Sri Lanka
Top regional ad agency Batey’s has launched an international PR campaign as part of the Tourist Board’s plan to actively market Sri Lanka. Top regional ad agency Batey’s has launched an international PR campaign as part of the Tourist Board’s plan to actively market Sri Lanka. Batey’s is doing the PR campaign, part of a […]