Business Today Sri Lanka - July 1997

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Nihal Fonseka, Deputy CEO of Hongkong Bank Sri Lanka, comments on the fierce competition and the technology war that's sweeping the banking environment in Sri Lanka, especially among commercial banks.

Cellular companies in Sri Lanka may seem to be defeated with the arrival of Suntel and Lanka Bell, but they're definitely not destroyed. The caller pays regime concept, which, if it comes through, will turn around the fortune of these companies...

The Pay Phone Company made its advent into the Sri Lankan Telecom market in 1994. They have come a long way since then, and the Supercard is not an unfamiliar phenomenon to most of us.

Media Minister Mangala Samaraweera talks about his new charge whilst touching upon his pet subject, telecom.

Tea is a buoyant industry in India. This overall realization has increased over the last year. A fall in the Kenyan Tea output translates to better prospects for Indian Tea exports.