All News

Bloom Time

Sri Lankas primary dealers signed up with Bloomberg to set up a bond-trading platform.At the moment the scripless securities system is not yet …

Mute Button

The Telecom regulator and top government bureaucrats held a public discussion on a new regulatory structure as other operators opposed SLTs plans to …

Coming Out Party

So far, the bank has written to international rating agents, like Citibank and J P Morgan who currently have a local presence, about playing an …

Smooth Operator

Primary Dealers in government debt will be asked to raise their capital next year, as the Central Bank tries to strengthen the dealer network.The new …

Little Tease

The government confirmed plans to sell a further stake in Sri Lanka Telecom and is presently exploring various exit options.ldblquote The government …

Mega Interest

MIGA, the World Banks insurance arm, says it is entertaining 12 proposal from foreign investors, to fund projects worth over US$ 1 bn in Sri …

Calling Home

Lanka Bell on Thursday signed up with Net2Phone Global Services of US, to offer international calls at bargain rates to key destinations.Net2Phone …

Falling, Falling

The Central Bank cut its key short-term rates on Thursday, signalling that the economy was getting stronger.rnrnThe bank lowered its overnight …

Second Tier

Coping with expansion needs, software engineering service provider, Virtusa is extending its Colombo base into the World Trade Centre. CEO Cris …

Debt Call

Pan Asia Bank is coming out with an unlisted Rs. 400 mn debenture, to raise funds to boost its capital.The five-year issue is priced at floating rate …

Re-Dialing

Telecom policymakers are re-considering the option to set up national points of interconnection, to fix the current impasse in reaching call …

Angry Tones

Local telco operators have teamed up, to oppose a possible merger between Sri Lanka Telecom and Lanka Bell.In a hard-hitting letter, operators endash …

Hit Rates

Industry analysts are betting on a competition driven drop in overseas calling rates for the upcoming holiday seasons. Competition in prepaid calling …