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Tuesday, 15 June 2010

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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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Strengthening Sino-Lanka ties: Posts and Telecommunication Minister Jeevan Kumaratunga and Chinese Industry and Information Technology Deputy Minister Xi Guo Hua signing the agreements. Prime Minister D.M. Jayaratne, Chinese Deputy Prime Minister Zhang Dejiang, External Affairs Minister G.L. Peiris, Economic Development Ministry Secretary P.B. Jayasundara and officials were present.



 
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