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Out Of Order

Lawyers for Pramuka depositors told court Friday that the monetary board had no authority to liquidate Pramuka Bank.Depositors argued that the …

Signals Up

The ADB expects Sri Lanka will clock in a 5 percent growth in 2003, building on the back of renewed economic stability and a global recovery in the …

Booking Profits

Chairman Lal Nanayakkara says the turnaround has come from higher recoveries in its bad loan portfolio and profits from its investment portfolio.rn …

Short Crop

A collective decision by private tea factory owners to cut Rs. 2 on the price for green leaf paid to smallholders, has prompted a threat of legal …

War Drums

Local hotel bookings are seeing a definite slow down, as war fears begin to inspire jitters in the more wary European travellers. ldblquote Hotel …

Taxing Tigers

Government is planning to take up the taxation issue with the LTTE as key donors to the island refuse to pay tax in any form.rn rnThe issue is to be …

Sweet Music

Local telecom operators on Friday came up with firm rates to interconnect between networks until a new cost study is finalised in June.The telecom …

Creeping Up

Prices for crepe rubber have reached record levels as oil prices spiral, touching Rs. 129 a kilo at this weeks auction, a high since 1995. This is up …