Industry

Rate Card

Telco firms have till the weekend to give a final verdict on termination rates proposed in a new cost based study. Industry giant Sri Lanka Telecom was absent …

Base Cost

Telco firms will meet the telecom watchdog Tuesday to discuss termination rates proposed in a recent consultant cost study.Telecommunications Regulatory …

DFCC gets Merc Bank

DFCC bank plans to offer more commercial banking products to its customers once it acquires a small commercial bank.DFCC says they will not merge operations …

Private port

Colombo South Harbor, which will be more than double the ports capacity to handle containers, is likely to be built with private sector help.Colombo Port will …

Tourism bull

The tourism market is expected to grow at 20% a year over the next five years according to stockbroker estimates. They also say that high spending tourists and …

Hambantota Woes

The Hambantota Port project may not get off ground as soon as expected, Ports Minister Rauf Hakeem warned today.The Canadian firm SNC Lavelin offered to …

Floodgates

The market raced past the 1000 point mark on Friday in a frenzy of largely local interest, in levels last seen eight years ago.rnrnThe All Share Index climbed …

Beyond Beaches

Surviving through two decades of fluctuating fortunes, tourism is now moving to giddier heights of the big spenders and a niche of expensive boutique …

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 …

Earth Slip

The Government has approached the United Nations in Geneva for US$ 27.5 mn rnin short term relief to rebuild houses and infrastructure damaged in recent …

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 …

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 …

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 …

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, …