Category:
Rinse Cycle
Sri Lanka’s cabinet has approved a proposal to enact laws to nab money launderers and expose irregular financial transactions, officials said Friday.Sri Lanka’s cabinet has approved a proposal to enact laws to nab money launderers and expose irregular financial transactions, officials said Friday. The Prevention of Money Laundering Bill and Financial Transactions Reporting Bill, will […]
Test Run
Dialog Telekom Ltd., whose shares surged 25 percent on their trading debut today, plans to offer high-speed Internet access on mobile phones as it seeks to cement its place as Sri Lanka’s No. 1 cellular-service provider. Dialog Telekom Ltd., whose shares surged 25 percent on their trading debut today, plans to offer high-speed Internet access […]
Hello Operator
Dialog Telekom, Telekom Malaysia Bhd’s Sri Lankan mobile unit, is expected to come out with a rating in the coming weeks, officials said Thursday.Dialog Telekom, Telekom Malaysia Bhd’s Sri Lankan mobile unit, is expected to come out with a rating in the coming weeks, officials said Thursday. Sri Lanka’s largest mobile operator has already signed […]
Panic, Panic
Sri Lankan motorists queued up at petrol sheds late Friday in a bout of panic buying on rumours that fuel shipments due early next week were being delayed.Sri Lankan motorists queued up at petrol sheds late Friday in a bout of panic buying on rumours that fuel shipments due early next week were being delayed. […]
Sri Lanka July annualized inflation 12.7%
Sri Lanka’s consumer price index rose 12.7 percent in the 12 months to the end of July, accelerating from 11.1 percent rise in June, due to a hike in fuel prices, the Census and Statistics Board said Friday.Sri Lanka’s consumer price index rose 12.7 percent in the 12 months to the end of July, accelerating […]
Lets Hear It
The controversy ridden CPP system will get a fresh hearing in August, as the telecom watchdog assess public opinion for the interconnection model.The controversy ridden CPP system will get a fresh hearing in August, as the telecom watchdog assess public opinion for the interconnection model. An earlier exercise where consumers wrote in their opinion was […]
The race for Presidency in Sri Lanka has begun
The Sri Lanka Freedom Party(SLFP) officially announced Prime Minister Mahinda Rajapaksa as the party’s presidential candidate on Thursday.The Sri Lanka Freedom Party(SLFP) officially announced Prime Minister Mahinda Rajapaksa as the party’s presidential candidate on Thursday. The SLFP also announced that Minister of Tourism and Investment Promotions, Anura Bandaranaike, would be Prime Minister in the case […]
Flying Forward
SriLankan Airlines will piggyback on codeshare agreements with Emirates to expand its network to Sydney and Cyprus, even as soaring fuel prices puts the breaks on growth.SriLankan Airlines will piggyback on codeshare agreements with Emirates to expand its network to Sydney and Cyprus, even as soaring fuel prices puts the breaks on growth. It will […]
Leave to Appeal
Sri Lanka Telecom on Wednesday said that it will seek special leave to appeal Monday’s Court of Appeal ruling against its 2003 tariff hike.Sri Lanka Telecom on Wednesday said that it will seek special leave to appeal Monday’s Court of Appeal ruling against its 2003 tariff hike. The statement said “The Sri Lanka Telecom Limited […]
Budget Talk
Mobile operator Celltel Lanka, is offering per second billing to its pre-paid card segments, as it finds creative ways to remain competitive.Mobile operator Celltel Lanka, is offering per second billing to its pre-paid card segments, as it finds creative ways to remain competitive. Sri Lanka has over 2.2 million mobile subscribers, serviced by four mobile […]
Chinese currency adjustment hits Sri Lankan consumers
China’s currency adjustment last week will trickle down to Sri Lankan consumers as another unwelcome price increase, say local businesses. China’s currency adjustment last week will trickle down to Sri Lankan consumers as another unwelcome price increase, say local businesses. “After the re-valuation of the yuan, the prices of Chinese exports increased by 12 percent,” […]
Sri Lanka PM wins party nomination for presidency
Sri Lanka’s ruling party has chosen Prime Minister Mahinda Rajapakse as its candidate for the presidency amid a deepening controversy over when the poll should be held, party sources said Wednesday.Sri Lanka’s ruling party has chosen Prime Minister Mahinda Rajapakse as its candidate for the presidency amid a deepening controversy over when the poll should […]