All News

Safe Options

IBM says upto 80 per cent of IT related expenses were on maintenance and repairs after the initial purchase, leaving only a 20 per cent of spend on …

Cess Less

The Tariff Advisory Council (TAC) says that the import cess charged on luxury goods, should not be channelled towards the Export Development Board …

Direct Link

The US Treasury has lent an official to give technical expertise to start off the new Public Debt Management Office.The Public Debt Management Office …

Rest In Peace

The government urban planning agency (UDA) is considering the full or part sale of over 40 Rest Houses under its ownership.The urban development …

Scrip less deals

A new electronic system to settle inter bank transactions will come on line as scheduled next month with new interest free liquidity support offered …

Two More

In line with the national numbering plan, Sri Lanka Telecoms Colombo Metro subscriber base whose numbers begin with 3,4,5,6,7,8 and 9.The six digit …

Fresh Cuppa

The ultimate goal of being a leading international brand has brought a new entrant to the local tea marketing fraternity – J V Gokal Ceylon, …

Tax Free

Asian Hotels will merge with fully owned subsidiary Crescat Developments (CDL) to take up recent tax relief offered to help under performing …

Steep Drop

The Central Bank cut its key short-term discount rates by 75 basis points on Friday after its monthly monetary policy meeting on Thursday evening.The …

Still falling

Long term bond yields fell again at this weeks auction, with the Rs 2000 mn issue being oversubscribed around three times.The weighted average …