All News

Slight Dip

Sri Lanka Telecom on Thursday reported lower profits for the first quarter ending March 31, a sign that the opening of the international voice market …

Under The Banyan

The Deer Park Hotel will only be the first of a number of Banyan Tree Group getaways in Sri Lanka.Nihal Jinasena, Chairman of the Jinasena Group told …

Small Bite

The Colombo Stock Exchange is talking to Central Bank to get access to 5 percent of the primary government securities market.If approved, the move …

MICE Lounge

Meetings and conference travelers are thronging to Sri Lanka, overshooting expected targets to 18 percent of all tourist arrivals in 2003.ldblquote …

Call Me

Keen to grow its rural customer base, Hutchison Telecom is offering free incoming calls for a minimum monthly bill of Rs. 499.00.The minimum charge …

Quicksand

A pilot project to mine Sri Lanka’s seabed off the Western coast for offshore sand to sustain a flagging construction industry, has gone up for …

Pirates Ahoy

Parliament is expected to push through the long over due Intellectual Property Act by mid June.Parliament gave the Act a preliminary hearing on May …

Click Online

Key stakeholders in the private sector, government and the donor community are getting together to set up a Development Portal, aligned with a larger …

Wider Definition

The countrys banking laws will be amended this year to regulate dozens of unlicensed deposit taking companies.Authorities are considering Amendments …

Green Blues

Lawmakers are starting to take the mushrooming finance and investment companies seriously. A high-powered committee looking at financial sector …

New Leaf

Sri Lanka Export Credit Insurance Corp (SLECIC) is tinkering with its Act to allow it to raise public funds and offer refinance facilities.Cabinet …

Home Run

The Urban Development Authoritys (UDA) call to develop five of its properties in the Colombo District, received 140 proposals when the tender closed …

Try Again Later

The international call access code auction has run aground with regulators now eying a late June date for the event. Industry officials say despite a …

Building Schools

Promoting home ownership and job creation, the National Housing Development Authority (NHDA) is rolling out a campaign to disseminate construction …