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Maldivian Touch

The company recently joined forces with Serendib Leisure Management to acquire Hotel Sinbad in Kalutara. rnrnFollowing a Rs. 90 mn joint investment, …

Call Through

Anura de Silva, iOnosphere quote s CEO told Lanka Business Online that the new buyers paid lquote a little over Rs. 500 mn for the company quote . …

Open Sesame

The Fund quote s Executive Board would decided when to release the balance funds, once it evaluates the budget proposals for fiscal reforms that are …

High Fever

The repo-rate or the repurchase rate is the key benchmark, which sets the floor in the overnight call money market, as it enables lenders to invest …

Looking Pale

Trade data for the first 12 months of 2001 shows the deficit has narrowed down to US$ 1.157 bn, as against US$ 1.798 bn deficit during the same …

Gene Tech

Fuelled by a world movement that is fast blending emerging technology with science, there is a growing demand for professionals wise to the best of …

Buying Rights

Despite as many as 4000 consumer rights groups floating in Sri Lanka, most are inactive, hindered by a lack of sufficient funding. rnrnLobbyists have …

No Problem

The government has also decided to shift the venue of the customarily aid group meeting from Paris to Colombo, in order to allow a greater …

Big Steps

The bank has amended the existing legislations and created separate categories for commercial banks and non-commercial banks. rnrnThe new guidelines …

Battle Front

The current labour legislation, which is considered to be archaic by donor agencies and investor community, prevents flexible employment policies …

Southern Roar

Rajapaksa was better known for his loyalty towards Sri Lanka Freedom Party, the key constituent party of PA, which his father helped to form, than …

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