All News

Flat

Treasury Bill rates remained flat at Wednesdays auction due to excess liquidity in the money market and a steady outlook for short-term interest …

Sex, Lies and Religion

Sri Lankas main Muslim leader Tuesday accused the government of implicating him in a sex scandal to secure his vote while a Buddhist monk charged …

City Life

Chinese millionaire Tao Shing Pee is 88, but his more than half-a-life-time love affair in tropical Sri Lanka is still going strong endash in fact …

Rowing Together

President Chandrika Kumaratungas minority government secured the deputy speakers post in Parliament on Tuesday after the main opposition party …

Pow-Wow

A Japanese envoy will meet with Tamil Tiger leaders in thernrebel-held town of Kilinochchi on Tuesday to discuss Sri Lankas efforts tornend a two …

Ms. Nurse

The Ministry of Health hired 2,000 new nurses on Monday to ease pressure on public sector demand for trained nursing staff. The country has around …

Travel Brews

The idea of a lquote tea resort is growing within Watawala Plantations, to entice high-spending tourists to have a hands-on experience in tea …

Looking Good

Sampath Bank on Monday secured an A+ (sri) for its long-term debt and an A (sri) rating for its four-year debenture issue from Fitch Ratings.An A+ …

Achilles Heel

Sri Lanka Telecom plans to send out the backlog of customer bills from the end of this month, but subscribers will be billed on a shorter cycle.SLTs …

Study Hall

The Institute of Personnel Management (IPM) is trying to leverage growing local and regional interest in people management to position Sri Lanka as a …

Bonding Asia

The Asian Development Bank (ADB) today launched AsianBondsOnline, a one-stop clearing house of information on the rapidly growing sovereign and …

Not For Sale

Sri Lanka will terminate a divestment program initiated by the previous government, the treasury secretary said Friday.But the new government headed …

Profit Centre

Moving ever closer to a long proposed IPO, Software solutions developer Virtusa Corporation recently completed its Series D round of financing, …

Jetlag

Tough competition from bus services plying the North and East routes and the expected slowdown in the number of Sri Lankan expatriates returning to …

Knock Knock

The Colombo Stock Exchange is seeking donor funds to kick-start the derivatives market.The Asian Development Bank (ADB) had earlier helped out with a …