All News

Lease Backed

Cash rich National Savings Bank (NSB) bought up Rs. 200 million worth of securitised paper last week, locking its returns for up to five years.rn …

Racing On

The All Share index moved 15 points closer to the psychological 1000 point mark, closing at 969 on Wednesday. Despite the current gloom surrounding …

Short Circuit

rnRegulators are holding back on a date to auction overseas call access codes due to a lack of interconnection between operators.rnrnPreviously, the …

Fail Safe

A blueprint for a proposed social security net for retrenched workers has got the Treasury go-ahead, with the changes to be gazetted in two weeks.rn …

Stately Homes

State housing finance giant, HDFC, is floating a construction company to cash in on the middle-upper income-housing boom.A fully owned subsidiary, …

Side Dish

The government wants an interim cure for the collapsed peace talks so it can stick to development plans and aid utilisation schedules. Proposals …

Silent Watch

Watching for a leopard is patient labour; Studying the elusive and protected wildcat is something else altogether. But prohibitive research costs has …

Perks For PERC

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

Aid scare

Economists are warning that key fiscal targets could be missed as donors pledge a record amount of aid.Most of the US$ 4.5bn pledged at the Tokyo …

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 …

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 …