Category: Other
Rubbing The Right Side
Sri Lanka used to be the fifth largest rubber supplier to the world a few years ago. But synthetic rubber manufacturers took over the market as age-old production processes left natural rubber producers helpless. But now the industry is changing face.A locally manufactured industrial rubber has got oversea buyers ready to bargain.rn rnLankaprene rubber is […]
Law Vacuum
Top lawyers say that the passing in to law of the Consumer Affairs Authority bill has left a vacuum in the countrys laws on mergers and monopolies.The Fair-Trading Commission Act of 1987, which it replaced, had provisions to deal with mergers and monopoly situations.rn rnldblquote The Fair Trading Commission was empowered to deal with monopolies […]
Different Strokes
Its the most talked about conglomerate with diverse interest that reflects the Sri Lankan economy. The bluechip conglomerate is also the biggest stock currently listed on the Colombo Stock Exchange. rnrnrnrnrnrnNew Page 1rnrnrnrnrn Butrnthis giant elephant is trimming the fat and rationalising operations under thernChairmanship of Vivendra Lintotawela. John Keells Holdings recently hired thernBoston Consultancy […]
E for e-learning
New technology from web enabled mobile phones to communication tools like email is changing the way people access information.Although the Internet and other digital technologies are fast becoming the primary source of information delivery, they are still not widely used for education.rn rnThe book and classroom based education system is however slowly changing.rn rnInteractive e-learning […]
Firewall
Regional Heads of WIPO (World Intellectual Property Organisation) are attending a two day workshop starting Tuesday to draw an outline for the Organisations future activities in the Asian region. Twenty five regional countries are represented, and will allow for the delegates to identify emerging issues and problem areas along with possible remedies for them.rn rnThe […]
Cabnapped
Taxi fares have been falling rapidly even as associated costs like fuel, telephone and vehicle prices have rocketed. Take look at a typical Colombo wall with posters.Take a closer look at the posters and you start to notice patterns. rn rnPatterns of numbers. rn rnWhat is funny about these numbers is that they are catchy […]
Water Tight
Often exploited, fought over, and colossally under priced, water has become the stuff of international politics. As Sri Lanka wages peace, it is wading through its own issues of sharing and trading its water between new regional boundaries. Water management to date has unfortunately been everyones responsibility, with a staggering 40 different Acts and 20 […]
Loan Way To Go
Demand for credit has been on a steady rise this year with the Central Bank saying that growth year-on-year could hit 13% -almost double the last years figure.Bankers who are reporting healthy profits for the half year just ended however say demand could still improve and that the big contributions to the bottomline is still […]
Home Sweet Home
House ownership is on the rise but experts say the country is far from meeting the demand of 70,000 new units needed annually. Policy makers are however trying to kindle a boom in the sector by clearing legal bottlenecks and making housing more affordable.A housing drive in the late 80s took development and infrastructure to […]
Fresh Cuppa
The ultimate goal of being a leading international brand has brought a new entrant to the local tea marketing fraternity – J V Gokal Ceylon, the Indo-Lanka BOI venture of J V Gokal & Company India will commence tea bagging operations in September. Initially packing a country origin tea, the firm will develop a full […]
Kapuwas Dilemma
The traditional kapuwa or marriage broker may be slowly going out of the scene, but certainly not his services.Local businessmen have now started to give a new face to the old kapuwa, with claimed higher rates of success.rn rnA number of match making and marriage services have sprouted in and around Colombo offering a variety […]
AMC Bite
An asset management company primarily created to take over half the dud loans of Peoples Bank will come with a bite that is stronger than the bark.According to a draft new law, companies that owe more than half their debts to the AMC can be taken over and run or liquidated by a special administrator.rn […]
