Category: Industry
Going Places
This achievement follows a concerted sales and marketing effort which saw the station move up seven places from 11 position last year.Ahead of Colombo in terms of sales of Emirates Holidays DSF packages this year, are Tehran, Nicosia and Istanbul. rnrn”This is a very commendable performance, especially in the context of the size and level […]
Reformists Rule
The Chamber believes that the re-introduction of private sector managed schemes would increase the benefits to its stakeholders and the capital market.rn rnSome private sector officials say that allowing private sector participation would introduce competition to the two government sector funds, which would lead to better returns and management of funds. rn rnAs an initial […]
Fuss Over Nothing
The analysis follows the long standing criticism that commercial banks resort to parate executions extensively, killing the entrepreneur sprite in the country.rn rnThe study which looked at a three year period states that banks initiated parate executions only as a last resort when restructuring and rehabilitation of the loan failed. rn rnThe Central Bank also […]
Lifeline
ldblquote We are looking at raising another Rs.680 mn through private financing, mostly through preference shares and equity, dblquote Apollo Hospitals Group Chairman, Dr.Prathap C Reddy told Lanka Business Online in an interview last evening. rnrnThe funds would go towards part financing the Rs. 3 bn 500-bed hospital in Colombo, which is due to open […]
Flying Via SMS
The latest services would cost users Rs.3.00 to receive flight schedules of the national carrier provided that the user knows either the flight number or the destination city.rn rnIn addition, users also need to know the corresponding short code to activate the service. Dialog officials have countered that problem by offering the short codes via […]
Making Connections
The partnership brings to Eureka a host of high-end data services enhancing the company quote s ability to provide better connectivity to the corporate sector.rn rnMCI WorldCom is a leading force in data and voice services in the US and in Europe. The Company is rapidly strengthening its presence in the eastern and southern hemispheres. […]
Looking For Direction
Education reforms have been on the cards for the past 20 years but in implementation have been a painfully slow process if not a non-starter. rnrnIn addition to a lack of political will, one of the key reasons educational reforms get stuck in limbo is the failure of successive governments to successfully market the reforms […]
Diplomatic Maneuvering
Lloyds of London officially removed the surcharge last month following intense diplomatic lobbying and a consultation with independent security experts who carried out a security audit on Colombo Port. rnrnHowever, some shipping lines continue to charge a WRS on cargo bound to American ports, said President Ceylon Shippers quote Council, Ravi Ratnapala. rnrnldblquote This is […]
Running East
Formerly known as eRunway Inc., Virtusa is a Sri Lankan company headquartered in the, USA with development centers in Colombo, Hydrabad and Boston. rnrnVirtusa develops and deploys mission critical products and solutions for Fortune 1000 companies and leading software product developers. Its core competence revolves around developing cutting edge technology and delivering dynamic project plans […]
Motivating Managers
The speaker line up is headed by Doug Adams who has build up an international practice in training corporate management on leadership skills. Adams has worked with many top local companies like JKH and MAS Holdings and expected to use his knowledge on local management traits to stimulate a change in mindset. rnrnAdams has titled […]
Green Labels
The initiative will rank products and services on their net environmental friendliness, with an eco-label certification provided by an authorized certifying body. rnrnBacked by the Science and Technology Ministry and driven by local environmental NGO EMACE, the 21-member steering committee representing manufacturers, exporters, and local certifying bodies. rnrnWorldwide, eco-labels have been used to cover diverse […]
Off Channell
eChannelling quote s Rs. 100 mn public offering, which was touted as Sri Lanka quote s first lquote dot com quote , failed to create an appetite among local investors, with less than half of the issue under subscribed at the closure yesterday.