All News

On Tow

Sampath said its was infusing Rs. 600 mn to Rs. 700 mn to bail out the troubled Union Bank.rn rnThe Sampath led consortium of investors also includes …

Long Haul

Qatar Airways is eyeing the European tourist and up-end business and leisure travellers as it tries to play down its traditional focus on Sri Lankas …

Com Port

Sri Lanka Telecom (SLT) is looking to increase its non voice revenue streams, a Telecom City on 3.5 acres in Welikada being among them. As a SLT …

Lantern Trail

Tapping into a niche market of Buddhist pilgrims, the Tourism Ministry is launching plans to package Vesak as an annual event in the industry …

Mountain Climbing

Funding sources to replicate the success of Elephant Corridor in the midst of a tea plantation are now being finalised.Elephant Corridor officials …

The Cabinets Axe

The Cabinet of Ministers rejected a decade old draft Companies Act over its departure from English Law principles.A Cabinet sub committee that had a …

Birds And Bills

A top nature conservation organisation says it is working closely with the private sector to bring the true benefits of eco-tourism to the …

At The Bourse

The Colombo bourse reacted positively to deals in the insurance market and increasing tourist arrivals over the last week. Shares in Commercial Bank …

Two on DEXs

Two parties have responded to the Colombo Stock Exchanges call to admit trading members to its new debt trading, the DEX.CSEs Senior Manager …

Perception Problem

rnrnrnrnrnrnApril 2003rnrnrnrnrn Inflationrnrate measured on a 12-months moving average remained static at 9.9 percent inrnApril, from the previous …

Rural Rescue

rnrnrnrnrnrnThe rural and informal private sector should step up their investmentsrnand business initiativesrnrnrnrnrnTotal investment inrn2002 …

Cable Co

Capping off its work to liberalise access to international bandwidth, the Telecommunication Regulatory Commission (TRC) is trying to moot a cost and …