ISSN: 1391 - 0531
Sunday, June 03, 2007
Vol. 42 - No 01
 
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Financial Times

Tariffs refund crisis forcing NTT to sell  
The controversial sale of a bigger slice of the NTT stake in Sri Lanka Telecom (SLT) may have been prompted by calls by the Supreme Court forcing the refund of excessive tariffs amounting to billions of rupees which would leave the Japanese firm in financial ruin.
 
Bonus shares are a sham

Bonus shares are a ‘sham’, according to a top corporate lawyer in a statement that came in the backdrop of a lot of confusion amongst stockbrokers and other stakeholders about bonus share issues.

 
Adding spice to the Chillies

It was not totally unexpected -- the dispute at the Chillies over scams. Over the years from the SLIM, Ola & SLIM, SLIM alone and now the Chillies, the advertising industry has been at loggerheads over different issues. In perhaps the second time – after the Ola’s – the industry came together and agreed to create an awards scheme that would reflect more creativity than effectiveness. There were disagreements; nevertheless the majority believed this was the way forward. The first Chillies went on smoothly or so it seemed (now the claim is that there were a few scam ads included).

 
Asha Central selling Horton Place property
Asha Central Hospital is selling off its 60-year old hospital property at Horton Place in Colombo to raise funds for its new 13 storey hospital at Norris Canal Road, adjoining the General Hospital.
 

Dankotuwa Porcelain reduces capital
   
John Keells denies Trans Asia up for sale
   
JKH to sell excess NTB stock
   
Never-ending crises for Lankans
   
Age profile of commercial tea lands in Sri Lanka
 
CNCI says local investors must get same ‘treatment as foreigners’
 
Bonus shares: Law Advisory Commission viewpoints
   
Pakistan Govt. appoints MTI for National Export Project
   
Does it safeguard Sri Lankan interests?
   
Tourism statistics: Proving a point
   
Hambantota – another Colombo in the making
 
Big companies go green; SMEs stuck on amber
 
Latest COPE report identifies miscreants and mismanagement
 
Role of World Bank, IMF challenged; new lenders emerge
 
For a balanced diet: More Maldive fish please!
 
‘Wait for conclusion of Council probe” –urges ICASL CEO
 
Red Carpet: The Indians are coming!
 
Technical Evaluation Committee during the 1997 sale of SLT shares
 
Crisis of creativity, confidence and management
 
Calls for more transparency from the industry
   
Business - be truthful on corruption!
   
Rising price levels, monetary and financial stability and public understanding
   
Sri Lanka’s top retailer urges industry to forge new partnerships
   
Sri Lanka’s top retailer urges industry to forge new partnerships
   
Rubber industry facelift under Rs 30.6 mln plan
   
Panora Corp supports Colombo University Computer work
   
Poor business environment here; JKH looks at India

Copyright 2007 Wijeya Newspapers Ltd.Colombo. Sri Lanka.