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Frequent Flyer

SriLankan Airlines will add two more A340s to its fleet to cater to growing passenger numbers in the coming winter season. The fleet expansion will …

First Draft

Finance Minister K N Choksy told parliament on Wednesday that the government hopes to spend Rs. 352.7 bn in 2004 for development …

Bush Tourism

The tea plantation industry has identified 20 estate bungalows as potential sites for boutique tourist retreats. Mooted in conjunction with the Sri …

Growth Cell

Cellular operator Celltel Lanka, pumped in a further US$ 4 mn to beef up its capacity and extend its reach along the South and Eastern coast.The …

Water Test

A forward market interface for the agro sector is part of an initial set of ten pilot projects, picked to kick off the e-Sri Lanka initiative. The …

Spinning Dollars

The Treasury of Sri Lankas largest state bank on Monday, snapped up the entire issue of the countrys first dollar denominated two-index linked …

Dollar Collar

Most of Sri Lanka quote s international trade is done in dollars (US) and significant movement in the US$-Rs rate, affects the pricing of both …

Key Treasuries

Twenty-year government treasuries will hit the market on the 20th of this month, but debt market experts say the extended yield curve has failed to …

Paradise Calling

Cathay Pacific could add a fifth flight to Sri Lanka, with cargo and passenger numbers picking up. Airline officials here to celebrate 10 years of …

Indian Ringtone

Sri Lanka Telecom (SLT) signed up with Indias teleco operator Bharat Sanchar Nigam Limited (BSNL) to route its international call traffic through Sri …

Banyan Shoot

Banyan Tree on Friday picked up its third Sri Lankan leisure venture, taking up a majority holding in John Keells Holdings Beruwala Walk Inn, the …

Longer Horizon

The Central Bank will launch its maiden 20-year treasury bond this month with an issue of Rs. 1 bn due on October 20.Superintendent Public Debt Dept, …