Mobile Mania
With taxes slashed and handsets smuggled in, Sri Lanka is becoming a mobile phone paradise where even the islands prisons are awash with cell phones.With the …
Industry
Jetting Off
Jet Airways Ltd., Indias second- biggest domestic airline by fleet size, said its in talks to sell a stake to potential investors to raise funds to expand. …
Forest Fog
Developing countries like Sri Lanka exploit natural resources to grow exports that help pay off foreign debt.Encroachment of forests like Sinharaja by tea …
Watch Out
The Central Bank came out strongly against pyramid style investments, warning public not to park their savings in quick money making schemes.rnrnrnThe banks …
Seat Dump
SriLankan Airlines, which plans to add around half a dozen aircraft to its fleet over the next year, says subsidized carriers are dumping seats to the …
Virtual Money
The World Bank on Thursday signed a US$ 53 million deal with the Republic of Sri Lanka, funds to back its island-wide Information and Communications Technology …
Growing Wings
National carrier SriLankan Airlines threw the gauntlet at the hotel industry, saying it was ready to broad base into up-market leisure hotels if local industry …
Hunger Pangs
TNT employees around the world will take to the roads on Sunday, to raise awareness and funds against world hunger.TNT International Express employees in 64 …
Road Block
Open bids to be called for in June to build the Colombo-Katunayake Highway are on hold, as the government tries to jumpstart the process with former contractor …
Local Anesthesia
Sri Lankas roads are crying out for some serious medicine, but the Highways Ministry is tending the road network with sticking plasters, since it cant afford …
Under the Wing
Eagle Insurance paid some Rs. 145 mn for International Finance Corporations (IFC) 15 per cent stake in Union Assurance, in a deal that went through the Colombo …
Community Support
ADB will help restore basic social infrastructure and community services in conflict-affected northern and eastern regions of Sri Lanka, through a US$10 …
Tourism Spin
Spin wizard Murali is spinning more than the ball for Sri Lanka, turning more Austrailian tourists here to watch him turn it on local wickets, says the Tourist …
Wrong Call
A truce between Tiger rebels and troops has helped Sri Lanka recover its reputation as a tourist paradise, but the halt in hostilities has triggered a battle …
Value Addition
Do quality certification programmes bring tangible improvements to businesses?This is one key aspect that a new certification services company in Sri Lanka …
Lost In Translation
For instance, a simple and direct translation in Sinhalese for ldblquote save dblquote means rescue, while there is no commonly used local term for …
Lets Roll
Sri Lanka and Thailand have agreed to liberalise their air services by giving each other lquote fifth freedom rights for their respective designated …
Smoke Screen
Sri Lanka was considering bringing back heavy taxes to discourage foreign ownership of land amid a surge in the sale of beach property to non-nationals, a …
Long Beep
Fixed line operator Suntel plans to infuse US$ 20 mn this year, to roll out its network islandwide.The wireless local loop operator has sought the telecom …
Street Hawkers
Sri Lankas corporates are jostling each other to come out into the sunshine thanks to the digital revolution jumping the local advertising industry. Its not a …