Under Scrutiny
Accounting experts say local companies should invest more in voluntary social and environmental reporting, since indifference could be costly.It is cheaper for …
General Services
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Teaching Teachers
Investment in teacher training in Sri Lanka is paying off with signs of improvement in both teaching and learning, says the German Technical Cooperation (GTZ) …
Pitching In
Ten flood damaged rural health centres in the Matara district were reopened for patients on Thursday, with a US$18,000 USAID aid injection for …
Potty Business
As a last ditch attempt to preserve dwindling water reserves, the Colombo Municipal Council (CMC) rolls out a pilot project on Thu. to fix a meter on each City …
Crumbling with Age
Old age is catching up with Sri Lanka but taking it slow and easy in comfortable retirement is just not an option available to this islands 19 million people. …
Show and Tell
Sri Lanka is drumming up support for an annual regional export sector exhibition, kicking off its campaign with a 4-day local event in November 2004. A …
Calling Colombo
The HSBC Group on Friday finalized plans to pump in US$ 25 mn to set up its seventh group service centre in Sri Lanka, generating over 2000 jobs.The call …
Number Crunching
Sri Lankas national accounting body is pumping more money into spreading the gospel of good accounting practices throughout the country.The Institute of …
Good Show
The advertising industry is riding the spending wave from the last two years of economic growth and the SLIM awards organisers are looking at maintaining …
It Stinks!
Although once lucky with SARS and twice lucky so far with the Avian Flu the next outbreak of a new infectious disease could push luck beyond its limits - but …
Whos The Fool?
A new law to label food items gets activated from April 1, giving traders barely a month to redesign their packaging materials.April is certainly looking to be …
Bending Rules
The government will amend its newly minted labour retrenchment formula to raise the maximum compensation ceiling from 30 to 50 months of salary.rnrnThe new …
Korean Chips
Koreas Myunghim Lanka (Pvt) Ltd has signed up to build a US$ 18 mn township development project in Kalutara.The Board of Investment says the 100 percent South …
Ouch
Nawaloka Hospitals says it is forced to nurse a Rs. 85 mn in debt and interest payments as its initial share issue gets delayed due to political theatrics. …
Worker Rule
The newly minted labour compensation formula is likely to be amended, after union agitation to leave it flexible for negotiation.Under proposed changes, all …
Within The Ranks
Police inspectors and sub-inspectors are tipped to take home an additional Rs. 900 every month above their salaries, calculated as set out in the 2004 budget. …
Open Arms
Sri Lanka and Bangladesh will dismantle all non-tariff barriers blocking trade between the countries, as a first step to a Preferential Trade Agreement …
Soothing Balm
Finance Minister K N Choksy has appointed a committee to look into raising salaries of the Police force.Salaries of the armed forces and the police, were …
Fresh Air
Independent research, the leading financial research and investment service provider to global investment banks and fund managers has recruited Ravi …
Alternate Line
The Development Lotteries (DBL) Board is studying alternate methods to retail lottery tickets online before diving into the computer driven jackpot business. …