Category: Industry
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. […]
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 […]
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 […]
Dividing Digital
A top UN agency says information communications technology in the country needs to focus more on technology as a social leveler. A top UN agency says information communications technology in the country needs to focus more on technology as a social leveler. The report by the UNDP says the government, regulators and other agencies need […]
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The Jetwing Group is infusing US$ 1.25 mn to transform its Trincomalee beach front property into a luxury ‘tented beach camp’. The Jetwing Group is infusing US$ 1.25 mn to transform its Trincomalee beach front property into a luxury ‘tented beach camp’. Sprawled over 23 acre patch of jungle with a beach frontage on the […]
Small is Big
Pan Asia Bank, a late entrant to the credit card market, is offering lower rates of interest to attract users of competitive credit cards.Pan Asia Bank, a late entrant to the credit card market, is offering lower rates of interest to attract users of competitive credit cards. The bank says they plan to offer, debt […]
The Jetwing Group is infusing US$ 1.25 mn to transform its Trincomalee beach front property into a luxury ‘tented beach camp’.
The Jetwing Group is infusing US$ 1.25 mn to transform its Trincomalee beach front property into a luxury ‘tented beach camp’. The Jetwing Group is infusing US$ 1.25 mn to transform its Trincomalee beach front property into a luxury ‘tented beach camp’. Sprawled over 23 acre patch of jungle with a beach frontage on the […]