All News

Back To Seventies

The Central Bank left key benchmark interest rates unchanged as the impact of the worst floods in decades was expected to have little effect on the …

Close Scrutiny

The Public Enterprise Reform Commission (PERC) plans to become a monitoring agency to look after the governments residual stakes in public …

Act Two

Work on drafting a fresh piece of legislation to replace the present Companies Act is due to get off the ground next week.The committee, which …

Unchained Melody

The Central Bank left its key short-term discount rates unchanged on Friday after its monthly monetary policy meeting.The overnight repurchase rate …

The Matrix

Sri Lanka has a 45 percent chance of achieving peace within a volatile political situation, which will push the Colombo bourse up by 25 percent to 30 …

Co-producer

Far from the buzz and the luxuries of a metropolitan city lie the backwater villages of the Uva and Southern Provinces, home to some of the most …

Switching Station

Telia AB of Sweden is replacing its representative and the Managing Director in its Sri Lankan venture Suntel Limited from July 1.After four years at …

Green Rain

International donors wrapped up the two-day Tokyo parley pledging over US$ 4.5 bn in aid over the next four years to rebuild Sri Lanka. The amount …

Yawning Gap

The trade deficit widened during the first four months of this year as the import bill galloped ahead of total exports, the Central Bank said …

Moving Online

SriLankan Airlines is moving its website to a .aero internet domain from its present .lk internet address. .aero is a new Internet domain name (like …

Pouring Dollars

International donors pledged over US$ 4 bn by way of aid at the Tokyo Conference on Reconstruction and Development of Sri Lanka, which opened on …

Pledge Is A Pledge

Donors are expected to offer substantial support at a key aid meeting in Japan despite a lukewarm response from the LTTE. The donor conference in …

Weir Power

Sri Lankas latest hydro power station is due to be commissioned later this month.Despite a small sluice gate and several working days being swept …

DEX Next

The Colombo Stock Exchange is going ahead with the launch of its new Debt Trading Board in June with or without access to the primary market for …