ISSN: 1391 - 0531
Sunday, May 20, 2007
Vol. 41 - No 51
 
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Wijeya Pariganaka
Financial Times

Malaysian battle on Lankan turf  
If the government goes ahead and approves the Maxis offer to buy a 25 percent stake in the NTT stock in Sri Lanka Telecom, it would result in a massive turf battle in the local communications industry between two Malaysian telecom giants.
 
GoldQuest to continue Lankan investments

Despite Central Bank investigations into the GoldQuest operation continuing this week, its main marketer Quest International (QI) was adamant that it will continue investing in the Sri Lankan economy.

 
Tax staff shortages cause cash flow problems for businesses

Staff and resource shortages at the Inland Revenue Department are delaying VAT refunds to businesses.The Inland Revenue Department says the long delays in VAT refunds to exporters are due to lack of properly trained staff and a mounting backlog of files.

 
Garment industry hurt by flight reductions to HK
The number of flights to and from Colombo had reduced by 31 flights by last week compared to April, according to the Board of Airline Representatives (BAR). “As of now the number of arrivals and departures per week at BIA is 267 compared to 298 pre 26 April, including cargo flights,” said a BAR statement.
 

Transparency and crooked deals
   
Triad, Leo Burnett & Grants winners but scams take the honours
   
Taking Sri Lanka forward with E-business solutions
   
Hayleys reports mixed fortunes in 2006-07
   
Colombo University, SLT Mobitel team up in “M-LEARNING” initiative
 
Capital Reach’s new senior citizens deposit scheme
 
SLT allowed duty-free imports
   
Companies Act in limelight at Biz Club
   
Sri Lanka in the limelight at Intel Solutions Summit
   
Fitch upgrades HNB's national rating to 'AA-(lka)'
   
Sri Lanka looking at Australian job market
 
Malaysian group to help in Lanka’s capital market development
 
Caltex to Chevron: Unveiling a new corporate identity
 
HR specialist at CIMA Business Leaders’ summit
 
Abas software solutions adds Lanka as new sales partner
 
Moleskine’s new City Notebooks for travellers launched by Thef:;llstop
 
Who is responsible for Colombo city?
 
Dipped Products posts best ever performance on record
 
Volatile interest rates threaten quality of retail credit -HNB
 
Seagull Solutions introduce Santana Solution to Sri Lanka
   
JVP wants Rajapaksa to act and punish fraudsters
   
Hemas awards development of intelligent ASD solution to Pyxle
   
SriLankan internships for IT undergrads
   
Current and future trends in university education
   
Need for corporate contingency planning
   
Public security is your No. 1 priority
   
Panic selling at CSE
   
LWL continues participation at US ceramic exhibition
   
Affluence all the way at HSBC’s new premier service
   
High inflation hurts earning/ savings power of people
   
Dammika keeps to his pledge at BOI

Copyright 2007 Wijeya Newspapers Ltd.Colombo. Sri Lanka.