Chief Executive Officer of Sri Lanka Telecom Shoji Takashi is to vacate his position next week in accordance with the management contract between the SLT and NTT which currently owns 35.2 percent of SLT shares, informed sources said.

The International Advertising Association (IAA) Sri Lanka Branch, one of the promoters of the Chillies, has initiated what it has billed as a no-holds-barred discussion to explore the connection between creativity, awards and billings and debate to which of these the ad industry pays greater obeisance. Titled “Creativity, Cash or Chillies?”

While consumers and industries reel under the dark clouds of electricity hikes, the silver lining to this gloomy situation could literally be crashing at our shores.An Israeli firm in a bid to promote wave power...