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Rooms Available

Around 60 State owned rest houses, previously managed by the Urban Development Authority and other government agencies, are scheduled for a change of …

Tele Bond

Sri Lanka Telecom hopes to tap the overseas market to raise up to US$ 100 mn via bonds for its expansion plans next year.The issue, which is likely …

Short Break

Resort and spa operator Banyan Tree says it is temporarily putting on hold its investment plans for Sri Lanka because of the countrys political …

New Cap

Prof. Priyantha Wijayatunga will takeover as the Director General of the newly minted Public Utilities Commission from Dec. 8.Wijayatunga is …

Mock Runs

The Central Bank plans to start mock runs for scripless trading on government securities next week after parliament approved the legislative …

Its A Wrap

Upcoming debt market specialist, National Wealth Corp. wrapped up a complex debt-restructuring deal for the governments supermarket …

New Case

The Telecommunications Regulatory Commission (TRC) has filed a fresh petition against Mobitel (Pvt) Ltd in Fort Magistrates Court on Friday, with …

Rough Ride

Business is booming but the hotels sector is trying to hang on to the good times a little longer, by warding off a looming electricity price hike. …