Merging Skills
Treasury officials are looking at merging the present Skills Development Fund Ltd with the upcoming Human Resource Endowment Fund that is to be set …
All News
Colour Guide
In what could lead the way to a common directory for subscribers from all networks, Sri Lanka Telecom today launched its in-house compiled provincial …
Close Watch
The governments 20 percent stake in Commercial Bank held through Sri Lanka Insurance Corp. has caught the interest of the International Finance CorpA …
Letting Lose
Peoples Leasing Company is scouting for a strategic partner as its parent company is keen to reduce its holding in the company.Formed as a fully …
Plot Thickens
Pramuka Banks crisis deepened this week with courts issuing orders on the senior management not to leave the country.But Pramuka Chief Rohan Perera …
State Challenge
The government is fast putting together a regulatory framework to facilitate competition.At the same time the private sector together with trade …
Adding Muscle
The Central Bank tightened its hold over licensed specialized banks after the latest amendment to the Monetary Law Act was passed in Parliament.One …
Outsourcing R&D
Following in the footsteps of international corporate giants, local companies have begun using venture capital for outsourcing research and …
New Debt Office
The Central Bank, which has been managing the countrys debt issues for years, will hand over the function to a new agency next year. The new …
B2E: Only A Click Away
With the introduction of the Internet many companies automate their business systems and business ideas online. Transformation is taking place …
Central Changes
In line with the best international practice Central Bank will focus on the core objectives of economic and price stability and ensuring the …
Tight hold
Central Bank has got additional powers to regulate licensed specialized banks with the passage of the Monetary Law Act in parliament this week.rn …
Sale On Line
Targeted at both local and expatriate Sri Lankans, the online shop will host a range of merchandise including seasonal favourites like greeting …
Delayed Sale
The government has put off Sri Lanka Insurance Corp. quote s privatization for the fourth time till early next year.rn rnThe Public Enterprise Reform …
Cross Country
policy on international voice gateway licensing issued last week will set the stage for more operators to enter the fray. rn rnThe consultant draft …
Air Control
The consultant sought to redraw Sri Lankas policies on frequency spectrum was appointed last week, appointed to study allocation, pricing policies …
Heads Roll
Pramuka Bank Employees Union called for the banks top management to step down immediately while also forming a stakeholders association to safeguard …
Beer Blues
After the governments decision to relax the controls on soft liquor, Sri Lankas Beer brewers are looking forward to better times. Even niche players …
Monetary Twist
Central Bank staff was briefed last week on the latest changes that would affect monetary policy.rn rnSenior Central bankers were educating staff on …
Inside Intel’85
Intel that officially launched its latest Pentium 4 chip in Sri Lanka says, a new innovation in the chip will increase PC performance.The chip uses …
Fresh Hopes
Consultants hired by the government have recommended sweeping changes to the current interconnection regime between telecom operators.The draft …
At Pramuka
In another development Pramuka founder Rohan Perera stepped down as chairman during the week and Udaya Nanayakkara took over as Chairman on …
Another Go
HSBC became the only foreign bank to have its own primary dealer operation when the bank invested Rs. 150 mn to start one.rn rnBank officials say …
Within Budget
A new law aims to hold ministers responsible for meeting performance targets while keeping spending under control.rn rnThe proposed Economic …