All News

Warming Up

Average prices for tea at the Colombo auctions dropped to Rs. 145.02 by April from an average of Rs. 156.82 in 2002. Low grown prices lead the drop, …

Lower Lending

The Central Bank on Friday cut its key short-term discount rates by 75 basis points, in line with its policy of lowering rates.The bank lowered the …

Buying Space

The telecom regulator is awaiting Ministry approval to allocate two frequency slots in the 1800 MHz range, of three put up for sale. …

Roll Out

Legislature to roll out the e-Sri Lanka initiative is to be debated in Parliament on May 22. Economic Reforms, Science and Technology Minister …

Going Once

The first online auction to sell four-digit international short codes for the telecom sector will get under way on May 22, the telecom watchdog said …

Mooring Point

Sri Lanka Telecom (SLT) will set up its first point of presence (POP) outside the country – in the United Kingdom which generates close to 30 …

Heading Up

Treasury Bill yeilds moved up by 64 basis points at the close of this weeks auction.rnrnrnrnrnrnNew Page 1rnrnrnrnrn rn rn rn rn rn   rn Amount …

Long Haul

Qatar Airways is eyeing the European tourist and up-end business and leisure travellers as it tries to play down its traditional focus on Sri Lankas …

On Tow

Sampath said its was infusing Rs. 600 mn to Rs. 700 mn to bail out the troubled Union Bank.rn rnThe Sampath led consortium of investors also includes …

Com Port

Sri Lanka Telecom (SLT) is looking to increase its non voice revenue streams, a Telecom City on 3.5 acres in Welikada being among them. As a SLT …

Lantern Trail

Tapping into a niche market of Buddhist pilgrims, the Tourism Ministry is launching plans to package Vesak as an annual event in the industry …

Mountain Climbing

Funding sources to replicate the success of Elephant Corridor in the midst of a tea plantation are now being finalised.Elephant Corridor officials …

At The Bourse

The Colombo bourse reacted positively to deals in the insurance market and increasing tourist arrivals over the last week. Shares in Commercial Bank …

Birds And Bills

A top nature conservation organisation says it is working closely with the private sector to bring the true benefits of eco-tourism to the …