All News

Perks For PERC

The Public Enterprise Reforms Commission is to be restructured this year expanding its scope to include monitoring State investments. The …

Back To Seventies

The Central Bank left key benchmark interest rates unchanged as the impact of the worst floods in decades was expected to have little effect on the …

Close Scrutiny

The Public Enterprise Reform Commission (PERC) plans to become a monitoring agency to look after the governments residual stakes in public …

Act Two

Work on drafting a fresh piece of legislation to replace the present Companies Act is due to get off the ground next week.The committee, which …

Unchained Melody

The Central Bank left its key short-term discount rates unchanged on Friday after its monthly monetary policy meeting.The overnight repurchase rate …

The Matrix

Sri Lanka has a 45 percent chance of achieving peace within a volatile political situation, which will push the Colombo bourse up by 25 percent to 30 …

Co-producer

Far from the buzz and the luxuries of a metropolitan city lie the backwater villages of the Uva and Southern Provinces, home to some of the most …

Switching Station

Telia AB of Sweden is replacing its representative and the Managing Director in its Sri Lankan venture Suntel Limited from July 1.After four years at …

Yawning Gap

The trade deficit widened during the first four months of this year as the import bill galloped ahead of total exports, the Central Bank said …

Green Rain

International donors wrapped up the two-day Tokyo parley pledging over US$ 4.5 bn in aid over the next four years to rebuild Sri Lanka. The amount …

Moving Online

SriLankan Airlines is moving its website to a .aero internet domain from its present .lk internet address. .aero is a new Internet domain name (like …

Pouring Dollars

International donors pledged over US$ 4 bn by way of aid at the Tokyo Conference on Reconstruction and Development of Sri Lanka, which opened on …

DEX Next

The Colombo Stock Exchange is going ahead with the launch of its new Debt Trading Board in June with or without access to the primary market for …

Weir Power

Sri Lankas latest hydro power station is due to be commissioned later this month.Despite a small sluice gate and several working days being swept …

Pledge Is A Pledge

Donors are expected to offer substantial support at a key aid meeting in Japan despite a lukewarm response from the LTTE. The donor conference in …