Chambers hail new electricity tariff formula
Industrial sector to benefit from revised rates:
The announcement of a special off-peak tariff for
consumers by the Power and Energy Minister has created excitement
among the business chambers. Daily News Business spoke to several
key persons in the sphere, to seek their observations with regard to
the new development.
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Good business for leasing companies
Local leasing companies have performed well
during the first four months of this year. Large-scale leasing
companies have had a 100 percent growth for the past four months and
can anticipate a boom in the industry now, Leasing Association of
Sri Lanka Chairman Sanjeewa Bandaranayake told Daily News Business.
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Lanka, China to enhance ICT sector ties
Sri Lanka and China entered into a new agreement
to enhance co-operation in the information and communication sectors
between both countries recently. Posts and Telecommunication
Minister Jeevan Kumaratunga and Chinese Industry and Information
Technology Deputy Minister Xi Guo Hua signed the agreement at the
Prime Minister’s office.
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