Category: Special Reports

Local media is full of questionable advertising aimed at kids, something stakeholders are not paying enough attention to.Companies spend billions of rupees to market products to children whose spending power is on the rise.rn rnHowever, the ad industry has also been grappling with the ethical implications of advertising to kids who experts say cant make […]

Asiri Medical Services (AMS), contributed almost Rs. 18 mn towards the Asiri Groups top line during its first month of operations and is expected to keep the money rolling in with increasing occupancy.AMS coming into the picture sorted out the hospitals parking problem endash with a seven-story car park endash and is expected to increase […]

Hayleys will delve deep into its traditional operations to increase profits in 2004-05 while pegging growth prospects on agriculture and transportation. The transport sector is earmarked as a key area of growth for the Hayleys Group with growth estimates of between 20 percent and 25 percent during the year.rn rnExpansion into shipping and the recent […]

Free trade zone employees, at the end of the supply chain are under increasing pressure to keep costs down as retailers and brand owners offload costs and risks to the supply chain. Governments competing to attract investment and boost exports according to the report is putting further pressure on workers at the bottom of the […]

No significant change in the percentage votes polled by the parties from the 2001 general elections is expected in the districts of Kandy and Matale because the JVP support is not seen to have grown in these two districts.rn rnNuwara Eliya too is not expected to bring any surprise changes because of the Hindu majority […]

A new report from the US International Trade Commission predicts that China will become the supplier of choice for most US importers after quotas end in 2005. rnrn But while many countries share of the USrnmarket is likely to decline, for some there will be new opportunities to takernadvantage of geographic proximity or product niches. […]

Lunchtime at KFC outlets is not as rushed as it used to be a few weeks ago these days. People are staying away from poultry based products due to the bird flu that has sent goose bumps across Asia killing 19 of the 25 infected people in Thailand and Vietnam.rn rnThe worldwide scare has got […]

He expected to face losses during the first year of business but managed to breakeven way before he thought he could. Hes now employing two others in his business too.rn rnAll pensioners dont set up in profitable business with their money like Mr. Thilakaratna did.rn rnMany use their retirement benefit money to give children in […]

The government is taking precautionary measures to avert power cuts should the south west monsoon fails to fill the hydro reservoirs.rnThe Energy Supply Committee has already called for Expressions of Interest from emergency power suppliers to shore up the underpowered national grid.rnAny emergency power will cost the CEB much more than the current average selling […]

Lanka Tiles is trying to break a lquote lowering-revenue-increasing-cost cycle this year by shifting its raw material supply base from West to East and increasing production capacity.Lanka Tiles Ltd (LTL) is Sri Lankas pioneer floor tile producer, manufacturing ceramic glazed floor tiles as its core business and holds 30 percent of the local market.rn rnLast […]

But the industry is hard pressed to ride the crest, due to high costs to roll out refurbishment and expansion plans, as it is still recovering from a period of non-profitability.rn rnDespite political hiccups, the ongoing ceasefire agreement saw 500,642 tourists visit the island in 2003, spending over US$ 300 mn in the process.rn rnBoom […]

Development bank DFCC, is counting on its subsidiary Commercial Banks Bangladesh operations to give its bottomline a major boost.Thanks to its Bangladesh unit, Commercial Bank is expected to contribute Rs.539 mn towards DFCCs earnings, pushing its bottomline up by 10.3 percent to Rs. 1.2 bn for the 2004 financial year, says HNB Stockbrokers.rn rnIn the […]