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Sunday, 5 October 2014

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Benefits of the Colombo beautification program launched by the Urban Development Authority has seeped down to all segments. The commodity market held at the Pettah Floating Market is a classic example, earlier it was held every morning at the Bastian Mawatha private bus stand which was a veritable garbage dump. Today, trading takes place in clean and hygienic surroundings and traders and consumers benefit.
Pic: Susantha Wijegunasekera

Cyber crimes, a colossal loss to business

Business establishments and social organisations are facing colossal losses from cyber crimes which are on the rise due to poor mechanisms to combat it, Sri Lanka Computer Emergency Readiness Team Cordination Centre (Sri Lanka CERT CC), Chief Executive Officer Lal Dias told a seminar on ‘Cyber Crimes a New Threat to Corporate Environment’ last week.

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Policy changes in ME countries:

Migrant workers to reap more benefits

There are important positive policy changes in Middle Eastern (ME) countries which would benefit Sri Lanka's migrant workers, said an expert of the migrant worker sector, L.K. Ruhunuge. The new policies target protection, social security and wage issues of migrant workers.

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Northern peninsula industrial sector blooms

The industrial sector in the Northern peninsula has bloomed. Expatriates from Jaffna are keen to invest in the North. Infrastructure facilities in the North which were devastated during the war against terrorism has been reconstructed.

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SLR makes progress, cuts delays

Sri Lanka Railways (SLR) has increased revenue, the number of passengers, trains, improved rail tracks and reduced the delay time, according to a senior official of the Ministry of Defence and Urban Development. However, he said there is room to improve the standard of comfort and increasing the per passenger kilometre revenue which is low at present.

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Budget 2015:

SMEs present most proposals

The Small and Medium Enterprise (SME) sector has submitted a large number of proposals for the 2015 Budget aimed at trade facilitation and providing incentives for development. An increase in the number of proposals submitted by women entrepreneurs has been reported.

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Ocean Sciences Centre to be set up

The Cabinet on Tuesday approved the setting up of a Centre of Excellence on Ocean Sciences and Environment. The proposal by the Minister of External Affairs Prof. G. L. Peiris, to set up the Indian Ocean Rim Association's (IORA) Centre of Excellence on Ocean Sciences and Environment in Sri Lanka in consultation and collaboration with local stakeholders,

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