Industry

Quick Time

Sri Lanka Telecom has started rolling out the first phase of its plan to innovative broadband access technologies for residential and business customers. ADSL …

Building Blocks

Standard concession agreements are being drawn up for the road sector, spelling out the financial, technical and legal A to Zs for potential private …

Fail Safe

A blueprint for a proposed social security net for retrenched workers has got the Treasury go-ahead, with the changes to be gazetted in two weeks.rnldblquote …

Short Circuit

rnRegulators are holding back on a date to auction overseas call access codes due to a lack of interconnection between operators.rnrnPreviously, the auction …

Creating Wealth

National Wealth Corporation, the governments new wealth management agency, is offering its expertise to government institutions, private firms and high …

Silent Watch

Watching for a leopard is patient labour; Studying the elusive and protected wildcat is something else altogether. But prohibitive research costs has …

Tug-O-War

Shippers and exporters are pushing hard for legislation to resolve a long standing billing dispute with ship agents and owners.Shippers say the charge is being …

HSBC Believes

A top HSBC executive says the banks operations in emerging markets like Sri Lanka play an important role in adding value to their global network.While some …

Edu.Online

An ADB sponsored project will roll out a series of distance education tele-centers countrywide, so students left out of the state system can get those degrees …

Pirates Ahoy

Exporters are calling the inclusion of a significant part of lquote on the ship expenses to the terminal handling charge (THC), technically a recovery of land …

Switching Station

Telia AB of Sweden is replacing its representative and the Managing Director in its Sri Lankan venture Suntel Limited from July 1.After four years at the top, …

Reforms Ahead

The World Bank, Tuesday, approved a US$ 40.3 mn credit line to re-structure Sri Lankas tertiary education sector. online pharmacy buy diflucan with best prices …

Hello Neighbour

Indian telco giant Videsh Sanchar Nigam Limited (VSNL) is seeking the telecom regulators approval to set up a US$ 40 mn venture in Sri Lanka.Initially offering …

Moving Online

SriLankan Airlines is moving its website to a .aero internet domain from its present .lk internet address. .aero is a new Internet domain name (like .com, …

Hoist the Sails

Port officials on Monday called on Danish firms to build the Oluvil Port, on the East coast of Sri Lanka.The Euro 28 million project will be funded entirely by …

Re-routing

The National Transport Commission (NTC) has signed up the Moratuwa University to study the demand for road transport services on inter-provincial …

Healthy Growth

Union Assurance Ltd said Thursday its consolidated net income grew by a healthy 24.4 percent to Rs. 20.7 mn in the first quarter ended March 31, 2003, compared …

Impending Marriage

DFCC Bank has completed due diligence work on MERC Bank and is in the process of firming up the financial bid.Financial analysts expect DFCC to inject up to …

Tech Help

Hatton National Bank, the largest private sector commercial bank, is talking to potential foreign investors to take a 30 percent stake in its insurance …

Gas Leak

Pumping life in to its ailing gas conversion and filling business, United Motors will convert its three remaining filling stations into motor shops. rnrnMotor …