The Sunday Times Sri Lanka - Financial Times

Financial Times

A crisis in the tourism industry may jeopardise a US$20 million World Bank (WB) funded capacity building project for the institutions which fall under the Ministry of Tourism in what is the first time, the world over, the WB has been involved in a tourism project.

CDL to move into heavy engineering

Colombo Dockyard PLC (CDL) is considering separating its heavy engineering unit and to combine it with its subsidiary, Dockyard General Engineering Services in a bid to capitalize on work connected to rehabilitation efforts in the North and the East, according to officials.

Other Financial Times Articles

>	World Bank project in the balance
>	CDL to move into heavy engineering
>	HSBC first foreign bank in Jaffna
>	FCCISL accused of forced retrenchment
>	Action against unregistered private medical centres
>	People opt for mobiles, SLT fixed-line use falls
>	COMMENT - Tourism in crisis: Small vs Big
>	GSP Plus: Was there another way?
>	Winning consumer confidence in the downturn
>	Tea prices increase as buyers stock up
>	Stockmarket - More than six IPOs due in next few months
>	ICASL: Leading a new beginning for Sri Lanka
>	Mitsui Sumitomo Insurance renews agreement with Ceylinco Insurance
>	FR petition over SLT tariffs taken up
>	Timely reminder of good corporate governance
>	SLT fixed line telephone service on the decline
>	NDB Bank launches website in Sinhala and Tamil
>	SLT-Call rates to fixed/mobile down by 35%, monthly rental reduced up to 48%
>	Singlanka says audits of accounts since 2001/02 submitted
>	Letter - Refunds from Inland Revenue: Call for Presidential probe
>	Brandix constructs bathing facilities for IDPs
>	X-ONT SOFTWARE gets CMMi V1.2 certification
>	correction - AG’s department opens northern region office
>	Debate intensifies over who should judge issue
>	MillenniumIT receives Cisco WebEx programme authorisation status
>	SLIM appointed partner for World Brand Congress 2009
>	Govt. urged to impose duty on maximum price of confectionery imports
>	Hemas Power to acquire more power projects
>	Hayleys Agro wins big at Ag-Biz 2009 Awards
>	Exploratory study to reconnect with North and East
>	Japan provides Rs. 36 mln for livelihood project in Batticaloa
>	Standard Chartered Hong Kong launches world’s first $150 banknote
>	Marawila Resorts: Auditors express concern on viability
>	IMF in Sri Lanka for Quarterly Review
>	Taprobane Travels marks 30 years with SriLankan Airlines
>	Sri Lanka Bags Global Best Service Award for Small Destinations from TUI
>	Interest rates falling, but banks not responding: Why?
>	Ceylinco problem among issues in confidence-crisis facing construction industry
>	Biggest problem for doing business in Sri Lanka is tax regulations
>	Deccan Air ramping up investments in post-war Sri Lanka
>	Colombo share market to see pre-1994 highs
>	Now Ceylinco Profit Sharing accused of mismanaging depositors funds
>	Warning against ‘lucrative’ job offers in Spain
>	Shareholders of F&G ratify board resolution to repay depositors
>	Sri Lanka Telecom Services Ltd receives ISO 9001:2008 certification
>	GK payment plan hangs in a balance
>	CB wants independent verification on Ceylinco Shriram assets
>	NAMAL wants rules eased on unit trusts

Sunday Times Business Club Exco
The following were elected as office bearers to the Executive Committee of the Sunday Times Business Club at the Annual General Meeting held on July 26. From left (seated) – Lolitha De Silva – Secretary, Anura P Perera – President, Thusitha Ediriweera - Vice President and M.R.A. Hakeem – Treasurer. Standing from left – (members) Thilanka De Soyza, Amal Fernando, Chanaka Perera and Abdul Hai.