All News

Aid Drip

The Asian Development Bank on Wednesday approved US$ 80 mn to rehabilitate conflict areas – a first such loan since the Tokyo aid parley last …

Good Marks

Fitch Ratings Lanka Ltd (FRL) has assigned SL A national credit rating to the Implied Long-term unsecured Senior Debt of First Capital Treasuries Ltd …

Steady Ship

The Central Bank left its key short-term rates unchanged on Wednesday, signalling that it was comfortable with the countrys economic fundamentals.The …

Cloud No. 9

The Galle Face Hotel is coming out of the closet with Bryan Adams and is hinting at signs of waking up to changing times.The Galle Face Hotel still …

Hat Collection

The government is looking for donor assistance to give the local asset securitisation market some legal teeth.Securitisation allows firms to borrow …

Calling Lanka

The Board of Investment is mooting changes to the BOI Act for bigger tax holidays encouraging call centres to relocate here. rnCurrently Sri Lanka …

ERP Burp

Computers started making an impact on business productivity and speed over two decades ago. Manufacturing companies were some of the first to get …

Tour de Farce

Even before the dust settles on 2003, the tourism industry is gearing up to break last years arrivals record this year.Sri Lanka Tourist Board …

Bad Grade

Sri Lanka is set to score very low in a second review of the peace process by the international donor community set for January 23. The first review …

Fine Incoming

The telecom watchdogs case against Mobitel (Pvt) Ltd is likely to be settled out of court, with the cellular operator suggesting a compensation …

New Page

The government is looking at amending laws to allow foreign investors into the corporate debt market, without liberalising the capital …

Taking Money

Parliament is due to pass a new law in February, to round up all financial institutions currently not governed by the Central Bank. The new system …