All News

Penny Wise

The telecom regulator has hired Frontier Economics Ltd to do a cost study on mobile and fixed termination rates between operators.The operators and …

Moving In

Friendly services and cost management strategies will bring UK based health insurer, Western Provident Associations (WPA) back office operations to …

First Dip

The World Bank is expected to release the first US$ 100 mn tranche from its poverty reduction strategy to the government in early June.The funds come …

Public Poll

A proposal to have a referendum to test the pulse of the people on the ongoing peace process has got the governments attention.Civic groups have …

Changing Act

Plans to set up a common regulator for the communication and information sectors have been activated with a draft bill now available. The draft bill …

Labour Export

Asian countries producing the world migrant worker population will lobby for free labour migration at future trade negotiations with developed …

Bad Weather

This weeks low grown auction average could slip below Rs. 130, down from Rs. 147.46 for February. Brokers say that buyers stepped up orders …

DEX Brokers

The Colombo Stock Exchange on Wednesday sent out calls to admit trading members to trade on its new debt trading system, the DEX.Trading members are …

Little Colombo

A strategy to diversify its business interests will see Asian Hotels Corporation developing its Galle Road front property into Creascat City endash a …

Danish Love

The government on Monday signed up for US$ 60 mn worth of aid from the Kingdom of Denmark to finance key development projects.Around 35 percent of …

Builders Inc.

The Urban Development Authority on Monday rolled out its ambitious plans to build low income housing in densely populated Colombo. Ten locations have …

Math Tuition

The Telecommunications Regulatory Commission (TRC) will call for a consultant to come up with a formula to handout subsidies for network rollout in …

Golden Handshake

The government is seeking World Bank funding to reduce the public sector cadre by offering them a voluntary retirement package.The government is …

Hub BIA

The country is readying it self for record tourist arrivals this year with the industry being the first to benefit from the peace dividend. Tour …