SLT Group Q1 profit Rs 609 m
Price war erodes margins:
SLT released its Group and Company financial
results for the quarter ending March 31, 2010, with a substantial
increase in the Group net profit after taxation compared to the
previous quarter. The Company and the Group have recorded Rs 415m
and Rs 609m net profit after tax profit respectively, even after
provisioning Rs 188m for VRS costs of the company. This is mainly
due to the impressive performance of the subsidiary Mobitel, the
mobile arm of SLT.
Few takers for Customs automation system
Senior official wants more importers to use
The use of the automated cargo clearance
facility is at a low level, a senior Customs official said. “It is
important to make maximum use of the ASYCUDA (Automated System for
Customs Data) system introduced by the Sri Lanka Customs to enable
electronic submission of customs clearance,” he said.
SLASSCOM conducts new projects in NE:
IT, BPO professionals to reach 100,000
Sri Lanka’s skilled resources are on par with
top professionals in the world when considering the IT as well as
the mobile sector, Sri Lanka Association for Software and Services
Companies (SLASSCOM) Chairman, Dinesh Saparamadu said Daily News
Business at the launch of MobileMonday, Colombo in Sri Lanka.