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Safe Hands

The Mahapola Trust Fund has floated a fully owned subsidiary to manage its fee and fund based activities.The new firm, National Wealth Corp. (NWC), …

Ele House Brew

Brewing through the synergies of John Keells and Elephant House is a ready to drink tea product that could hit the local market in end 2003. Tested …

Swan City

Nivasiepura, one of the large suburban housing developments in the country, has announced the launch of a new two-storey semi-luxury model to its …

Boiling Cup

The banking sector is willing to prop up the tea industry by lending up to Rs. 1.25 billion to buy teas unsold at weekly auctions. The bail out plan …

Free For Air

Questions are being raised over a 20 Mhz of frequency allocation in the 1800 Mhz spectrum range to Electroteks Private Limited for free. Reliable …

Sweet Teas

Buyers set aside developments in the Middle East to step up buying at Tuesdays low grown tea auctions, pushing up prices in the process. Brokers said …

New Year Tidings

The Swedish government on Monday agreed to lend Rs. 3.083 bn towards economic and social development projects.Spread over a three-year period …