All News

Code Share

The telecom watchdog is working on a set of emergency short codes and value added service codes that will work on any network. Fire, police, …

Cost Cutting

Tritel Services is talking to regional telecom players to sell a low cost payphone system designed for thinly populated areas. The card phone system, …

Firm Hand

All financial services are being pulled out from under the new Consumer Affairs Authority, with a financial ombudsman being floated to take up …

Goodbye

The government has announced a massive voluntary retirement package to its employees in more than 50 institutions already identified for closure, …

Tax Facts

Parties to the conflict in the northeast are trying to set up an interim administration that conforms to the Constitution while allowing significant …

Minor Tremor

A minority stake in Sri Lanka Telecom is unlikely to make it to the market this year, as authorities feel the time is not ripe.The telecom giant has …

Sand Castles

The Central Environmental Authority on Friday approved sand mining off the shores of Wadduwa and Kalutara. The Coast Conservation Department project …

Sino Ties

Sri Lanka is moving to cement its ties with China, with a state visit by Prime Minister Ranil Wickremesinge next month.In addition to meeting Chinese …

Housing Carrots

The government is kicking off a housing scheme for government officers in a bid to attract and keep the top quality administrative officers.ldblquote …

New Faces

The Colombo Stock Exchange on Wednesday admitted five new members to trade on its upcoming debt securities board, the DEX.The trading members are: …

Pay Me

Telco firms will soon introduce charges to terminate calls on each others networks, a fee expected to cover infrastructure costs. Only Sri Lanka …

Leveraged Funds

The Urban Development Authority (UDA) has negotiated with local banks to raise upto Rs. 1 bn to build 1300 houses for the middle and high income …

Top Brews

A high powered Sri Lankan team will lobby Russian authorities for more favourable tariffs for local value added tea exports. The team headed by …

Big League

Indian telco giant, Videsh Sanchara Nigam Limited (VSNL) will transfer part of its international bandwidth on the SEA ME WE III (three) submarine …

Safety Features

The government is looking at offering up to one year as compensation for employees who lose their jobs and also allow people to take their provident …

Friendly Chat

The Central Bank said told Supreme Court on Monday they will meet bankers and other potential investors of Pramuka this week, to give effect to an …

Renewing Ties

Sri Lanka Telecom will restore the microwave radio link that once connected the island to neighbouring India. Operational in the 80s, the link was a …

Donor Support

The World Bank said its funding for the North and East of the island could continue through an interim administration if the government so wished.The …