All News

Book Keeping

Independent reviews of public sector accounts will take off in July, in line with ongoing reforms to revamp the public sector to be accountable and …

Base Cost

Telco firms will meet the telecom watchdog Tuesday to discuss termination rates proposed in a recent consultant cost study.Telecommunications …

Tourism bull

The tourism market is expected to grow at 20% a year over the next five years according to stockbroker estimates. They also say that high spending …

Beyond Beaches

Surviving through two decades of fluctuating fortunes, tourism is now moving to giddier heights of the big spenders and a niche of expensive boutique …

Peace Rally

Banking stocks stole the market Thursday, with National Development Bank and NDB Bank (NBL) netting 50 percent of the Rs. 457.21 mn in total …

Quick Time

Sri Lanka Telecom has started rolling out the first phase of its plan to innovative broadband access technologies for residential and business …

Earth Slip

The Government has approached the United Nations in Geneva for US$ 27.5 mn rnin short term relief to rebuild houses and infrastructure damaged in …

Credit Drip

The World Bank Wednesday approved the first tranche of US$ 125 mn in support credit, to shore up the countrys poverty reduction strategy.rnrn The …

Lease Backed

Cash rich National Savings Bank (NSB) bought up Rs. 200 million worth of securitised paper last week, locking its returns for up to five years.rn …

Racing On

The All Share index moved 15 points closer to the psychological 1000 point mark, closing at 969 on Wednesday. Despite the current gloom surrounding …

Short Circuit

rnRegulators are holding back on a date to auction overseas call access codes due to a lack of interconnection between operators.rnrnPreviously, the …

Fail Safe

A blueprint for a proposed social security net for retrenched workers has got the Treasury go-ahead, with the changes to be gazetted in two weeks.rn …

Stately Homes

State housing finance giant, HDFC, is floating a construction company to cash in on the middle-upper income-housing boom.A fully owned subsidiary, …

Side Dish

The government wants an interim cure for the collapsed peace talks so it can stick to development plans and aid utilisation schedules. Proposals …

Silent Watch

Watching for a leopard is patient labour; Studying the elusive and protected wildcat is something else altogether. But prohibitive research costs has …

Perks For PERC

The Public Enterprise Reforms Commission is to be restructured this year expanding its scope to include monitoring State investments. The …

Aid scare

Economists are warning that key fiscal targets could be missed as donors pledge a record amount of aid.Most of the US$ 4.5bn pledged at the Tokyo …