All News

Rural Rescue

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

Perception Problem

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

Viral Attack

Coming in at Rs. 5000.00 for a Norton AntiVirus software suit, Symantec Corporation prepares to encourage the use of original software in Sri Lanka. …

New Innings

Capital Alliance Ltd., the newest entrant to the Primary Dealer fraternity, plans to tap the outstation market to promote government debt.The Central …

Cable Co

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

Quick Flow

The Asian Development Bank plans to raise its annual contributions to Sri Lanka to about US$ 250 mn and is also keen the government steps up its aid …

Border Crossing

Sri Lankas trade deficit widened to Rs. 271 million by February, fuelled by higher imports of consumer and intermediary goods. The Central Bank on …

Secret Codes

The telecom regulator on Monday set a base price of Rs. 500,000 for each four digit short codes that is due to be auctioned by mid this year.The …

Lopsided

Ambitious plans for double-digit GDP growth is at the back of the governments mind in a post-war era. More importantly, economic growth must benefit …

Silver Bells

Wiping over US$ 30 million in debt clean off its accounts, Lanka Bell is now monitoring the communication lines, looking for a technical partnership …

Asset Sale

The government hopes to sell off a further 8.5 percent of its shares held in Sri Lanka Telecom this year, as part of its privatisation programme.Last …

Leap Frog

The Central Bank is optimistic the economy will leap frog and can add another 4 percent growth, if the peace initiatives continue.Central Bank …

Solemn Bell

Transmarco Limited, Lanka Bells Singaporean parent company is looking at divesting its remaining stake in its Sri Lankan wireless local loop …

Avrudu Bonus

Sri Lanka on Friday received a US$ 567 mn concessionary aid package from the International Monetary Fund.The funds will be disbursed over a …