Category:
Fake Fishing
Intellectual Property Rights (IPR) have got stronger but counterfeits are pouring into Sri Lanka because rights holders don’t take action, say the experts.Intellectual Property Rights (IPR) have got stronger but counterfeits are pouring into Sri Lanka because rights holders don’t take action, say the experts. “Our Intellectual Property laws are on par with those of […]
Ugly Story
Last month a 40-year-old, wealthy planter was put away for 48 years for repeatedly raping his own children. Last month a 40-year-old, wealthy planter was put away for 48 years for repeatedly raping his own children. “This is the highest jail sentence awarded in the world against child sexual abuse,” says Maureen Seneviratne, Chairperson, Protecting […]
Peace Money
Japan will provide around US$ 250 million to Sri Lanka, the first under a new preferential aid scheme for peace building.Japan will provide around US$ 250 million to Sri Lanka, the first under a new preferential aid scheme for peace building. On its part, the Sri Lankan government would have to maintain consistency in its […]
All in One
Citrix Systems, a US based software solutions providers is asking Sri Lankan companies to cut the chord on information access and forget the high cost of synchronising hardware and software platforms. Citrix Systems, a US based software solutions providers is asking Sri Lankan companies to cut the chord on information access and forget the high […]
Norway says Sri Lanka peace hopes dim, offers exit route
Peace broker Norway Thursday said it would ask Sri Lanka’s feuding parties if they wanted to resume talks as Tamil Tiger rebels warned foreign aid donors not to interfere in the faltering peace process.The Norwegian embassy said Foreign Minister Jan Petersen would arrive in the island next week for talks with President Chandrika Kumaratunga and […]
Give tax breaks to companies that do good deeds, says local legal eagle
Companies should get tax benefits for spending on good deeds, says legal eagle Justice Mark Fernando.Companies should get tax benefits for spending on good deeds, says legal eagle Justice Mark Fernando. The retired Supreme Court Judge suggests tax benefits for corporate social responsibility (CSR) activities because they reduce the welfare burden on the State. Fernando […]
Tamil Tigers resist foreign aid pressure amid fresh diplomatic moves
Tamil Tiger rebels have warned foreign aid donors not to interfere in Sri Lanka’s faltering peace bid amid fresh diplomatic moves to salvage the process, a pro-rebel website reported Thursday.Tamil Tiger rebels have warned foreign aid donors not to interfere in Sri Lanka’s faltering peace bid amid fresh diplomatic moves to salvage the process, a […]
Lift Off
All future civil aviation development will be on a much-needed sector master plan that is in the works, but re-hauling regional airports and private air traffic management may not be top priority.All future civil aviation development will be on a much-needed sector master plan that is in the works, but re-hauling regional airports and private […]
Tea exporter Akbar Brothers raised its stake in Tea Smallholders to 20 percent by picking up a minority stake
Tea exporter Akbar Brothers raised its stake in Tea Smallholders to 20 percent by picking up a minority stake, brokers said. Tea exporter Akbar Brothers raised its stake in Tea Smallholders to 20 percent by picking up a minority stake, brokers said. The strategic parcel of 1.1 mn or just under eight percent shares was […]
A rubber replanting subsidy for all cultivators is doubled to Rs. 100,000 a hectare.
All rubber cultivators, from smallholders to plantation companies can get a Rs.100,000 subsidy per hectare for replanting, from a recently set up rubber cess fund. All rubber cultivators, from smallholders to plantation companies can get a Rs.100,000 subsidy per hectare for replanting, from a recently set up rubber cess fund. A Rs. 49,000 per hectare […]
Little Irritation
Sri Lanka Telecom’s group net profits fell 27 percent for the nine months ended Sept.30, weighed down by a new levy on international calls. Sri Lanka Telecom’s group net profits fell 27 percent for the nine months ended Sept. 30, weighed down by a new levy on international calls. The cash rich operator posted net […]
Soothing Oil
India has come through with a US$ 150 mn credit line, allowing Sri Lanka to fill up her fuel tanks with refined petroleum products for six months.India has come through with a US$ 150 mn credit line, allowing Sri Lanka to fill up her fuel tanks with refined petroleum products for six months. Indian state […]