Sharpening Skills
The Asian Development Bank is helping Sri Lanka to reduce the mismatch between worker skills and labour market demands, through a US$ 600,000 technical …
AASL Grounded
Aviation officials warn that the government would lose over a Rs. 100 mn in revenue annually as a result of new concessions granted to SriLankan Airlines under …
Toy Story
Local toy makers have had it tough over the last few years with strong competition form China. Exports have plummeted by nearly two thirds. online pharmacy buy …
Professional Managers
The Alumni of a top business school is looking for a parliamentary nod to setup a professional body of managers with its own code of ethics.The self-financed …
When youre talking’85
Mobile service providers expressed concern last week over Mobitel announcement about its plans to launch a digital network.Other players fear that the company …
Monopoly Class
A new agreement between Emirates and the government to lift catering and ground-handling monopolies at the airport has come under fire, forcing officials to …
Close Scrutiny
The Central Bank has commissioned audit consultants E&Y to do a valuation on six rural development banks up for privatisation.E&Ys mandate includes coming up …
New Licence
Signalling an economic revival, the Registrar of Companies reports a 35 percent growth in new companies registrations from Jan-June 2003.Of the 1778 new …
Backdoor Withdrawal
Members of the Employees Provident Fund are using the State Mortgage Investment Bank as a conduit for premature withdrawal of their EPF balances.SMIB has the …
Weight Watching
The Airport and Aviation Services, is coming out with a financial package to shed around 1000 excess staff.The voluntary retirement scheme is being firmed and …
Export Plus
The Sri Lanka Export Credit Insurance Corporations is looking to raise its liability exposure to Rs. 40 bn with the expansion of its product portfolio. buy …
Picking Up
Standard Chartered Bank said Wednesday that credit demand had picked up marginally, despite an upturn in economic growth this year.The bank said total loans …
Good Start
DFCC Bank said Wednesday its net profits grew by 14 percent to Rs. 305 mn during the first quarter of this year. online pharmacy buy strattera with best prices …
Green Paper
The government has rolled out its first draft of a national eco-tourism policy, mapping out development guidelines for mushrooming, unregulated eco-tourism …
Code Share
The telecom watchdog is working on a set of emergency short codes and value added service codes that will work on any network. Fire, police, ambulance, …
Rural Clean Up
The Treasury is to sell off a 47 percent stake it holds in each of the six rural development banks and offer it up to private management.Under the new …
Firm Hand
All financial services are being pulled out from under the new Consumer Affairs Authority, with a financial ombudsman being floated to take up consumer …
Cost Cutting
Tritel Services is talking to regional telecom players to sell a low cost payphone system designed for thinly populated areas. The card phone system, designed …
Goodbye
The government has announced a massive voluntary retirement package to its employees in more than 50 institutions already identified for closure, merger or …
Healthy Bill
A new law on Intellectual Property Rights was in parliament on Friday after an initial draft met with opposition from patient rights activists. They challenged …