Category:
Hiking Through Lanka
A team of adventure tourism experts is in the country to turn the popular sea destination to a hot adventure stop. Adventure Centre Asia officials say that Sri Lanka certainly has all the factors necessary to be one of worlds best adventure tourist attractions.rn rnldblquote It only took us one or two days to realize […]
Fast Cash
Gold still remains one of the safest investments. But with international gold prices shooting up, it has helped spawn a whole industry based on gold as collateral.Gold prices in the international market spiked up over the last few months with investors seeking refuge in the priced commodity as a war in the Gulf looked imminent.rn […]
Taxing Tigers
Government is planning to take up the taxation issue with the LTTE as key donors to the island refuse to pay tax in any form.rn rnThe issue is to be taken up at the next round of peace talks with the LTTE.rn rnEconomists point out that development aid will be key to rebuilding war damaged […]
Sweet Music
Local telecom operators on Friday came up with firm rates to interconnect between networks until a new cost study is finalised in June.The telecom operators endash Sri Lanka Telecom, Suntel, Lanka Bell, Dialog, Mobitel, Celltel and Hutchison Telecom endash agreed on the final numbers after rejecting the telecom watchdogs draft proposals.rn rnThe draft recommends a […]
Privileged Lot
Standard Chartered Bank Thursday launched a new relationship-banking product to serve its mid-level customers.The bank said its lquote SelectBanking product will take relationship banking and personalised services to new levels.rn rnUnder SelectBanking, customers get a dedicated relationship manager and a special counter to fast track banking services.rn rnSpecially branded cheque books and ATM cards ensure […]
One More Try
Hoarders who played hide and seek with revenue officials have been coming clean in droves in response to the governments tax amnesty, Deputy Finance Minister Bandula Gunewardene said.rn rnldblquote They will not be questioned about the source of funds or face prosecution for not declaring the assets earlier, dblquote Minister Gunewardene told members of the […]
Creeping Up
Prices for crepe rubber have reached record levels as oil prices spiral, touching Rs. 129 a kilo at this weeks auction, a high since 1995. This is up from crepe prices of Rs.102 in Dec 2002. Crepe rubber is used as a substitute for synthetic rubber, which uses petroleum products. An agreement to cut output […]
Cashing The Tigers
The government is discussing ways of financing the administrative units to be set up in a possible devolution and has also taken up the Tiger tax issue, Cabinet Spokesman G.L. Pieris said.rn rnAt present the LTTE is using various ruses to collect taxes from the people in the North and East.rn rnThough prices have come […]
Expensive Business
Business Development Services or BDS are support services offered for SMEs, providing start-up, non-financial assistance. rn rnOver the last 25 years the BDS market expanded rapidly reaching double-digit growth in the 90s, driven largely by the commercial sector.rn rnldblquote The 80s was the decade of the government sector providers, in the 90s it was the […]
Rough Guide
Ripping open the wild side of the paradise isle, Sri Lanka will stick its spokes into the international world of adventure sports with its first race set for July 2003. Adventure Centre Asia, a Nepalese based company is pitching its tent in Sri Lanka to open up the island for serious adventure sports enthusiasts.rn rnAdding […]
Chain Links
A Hayleys tie up with India based TAKE Solutions is building on the need of large companies to cut cost and streamline processes. MPower will leverage this urgent need of the corporate and manufacturing sector to sturdy up, to offer tailor made supply chain management (SCM) solutions to the range of manufacturing and services firms […]
Colombo Plaza
Meanwhile, the Asian Hotels management is working to tie down a new management for the hotel before the end of the year, with invitations for quotations already sent out. rn rnHotel officials are keen on attracting leading international chains to take over and build on the facilities offered at the city hotel. rn rnAsian Hotels […]