TRC mulls tariff reduction
The Telecommunications Regulatory Commission of
Sri Lanka (TRCSL) is hoping for a tariff reduction in broadband and
mobile facilities in the local telecommunication industry. “We see a
drastic tariff reduction in prices of mobile and broadband
facilities in the country and as the regulatory body in the
telecommunication industry in Sri Lanka, we are planning to reduce
the prices of all these services in the future,” Telecommunications
Regulatory Commission of Sri Lanka Consultant Dr Manodha Gamage
said.
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HDFC housing loans increase by 100 percent
The HDFC Bank has recorded a 100 percent growth
in granting housing loans during the first quarter. The number of
loans granted during the period increased from 1,849 to 3,706. This
resulted in generating around Rs 1.1 billion which was Rs 503
million last year.
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EFC, CMU sign historic collective agreement
Veteran Tampoe inks signature since 1961:
The Employers’ Federation of Ceylon (EFC) and
Ceylon Mercantile Union (CMU) signed the ninth revised Collective
Agreement in its 50th year after the initial agreement signed in
1961. The agreement covers clerical and supervisory staff salaries
and agreed to do away with cost of living payment.
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