Sri Lanka president to visit India
Sri Lankan President Chandrika Kumaratunga will arrive in India Wednesday on her first visit to the northern neighbour since a Congress-led coalition …
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Tea exporter Akbar Brothers raised its stake in Tea Smallholders to 20 percent by picking up a minority stake
Tea exporter Akbar Brothers raised its stake in Tea Smallholders to 20 percent by picking up a minority stake, brokers said. Tea exporter Akbar …
Lift Off
All future civil aviation development will be on a much-needed sector master plan that is in the works, but re-hauling regional airports and private …
Little Irritation
Sri Lanka Telecom's group net profits fell 27 percent for the nine months ended Sept. online pharmacy buy spiriva inhaler with best prices today in …
Soothing Oil
India has come through with a US$ 150 mn credit line, allowing Sri Lanka to fill up her fuel tanks with refined petroleum products for six months. …
Cashing on a booming hospitality industry, conglomerate Hemas Holdings is infusing Rs. 100 mn to put up a luxury resort in Tangalle
Cashing on a booming hospitality industry, conglomerate Hemas Holdings is infusing Rs. online pharmacy buy diflucan with best prices today in the USA …
Strike Out
The CEB Engineers Union suspended a planned token strike to be held on Wednesday, subject to further talks with the Government on the coal and Upper …
Disclosure Tariffs
The insurance watchdog is taking a serious look at mandating firms to get a listing on the Colombo Stock Exchange within three years, a top official …
A 38 percent higher fuel bill is burning a hole in the island’s balance of trade
A 38 percent higher fuel bill is burning a hole in the island’s pocket, driving up its trade deficit to US$ 1.46 billion by August, up US$ 586 …
Mine Ban
The Landmine Ban Advocacy Forum welcomed participation of LTTE combatants at a global anti-landmine summit, adding that compliance could increase …
The international donor community could cut the strings attached to US$ 4.5 bn in aid
The international donor community could cut the strings attached to US$ 4. buy wellbutrin online …
By the Way
The Road Development Authority (RDA) is mooting ambitious plans to setup wayside resting parks - reminiscent of the old ambalama concept – without …
Local Talk
Officials say the next PC sold in the market could come with Sinhalese language capabilities and a local language keyboard. online pharmacy buy …
Divine Intervention
People’s Bank is anticipating a Rs. 8.5 billion cash injection from the State to shore up its capital account by mid next year. People’s Bank is …
Angry Muslims quit peace panel and declare ‘war’ on Sri Lanka President
Sri Lanka's main Muslim party Monday withdrew from a peace panel set up by President Chandrika Kumaratunga and declared "all out war" against her for …
Speed Cheques
Sampath Bank has started using image clearing technology to process cheques even before Sri Lanka’s national cheque clearing centre, Lanka Clear is …
Powerful Undercurrents
The Ceylon Electricity Board Engineers’ Union is threatening to plunge the country into darkness if the government fails to find sustainable …
High Time
A top bureaucrat said the utilities regulator already set up will be made fully operational next year. A top bureaucrat said the utilities regulator …
Hilton Hotel sale may take time
The Sri Lankan government's majority stake sale in Hotel Developers (Lanka) Ltd. is unlikely to go through soon as had been expected earlier, an …
Govt. scrambles to sign up aid commitments as deadlock over peace talks drags on
The government is hoping to sign up a record amount of aid this year, most of it from money pledged at the Tokyo donor conference in 2002. online …
Banking Miracle
Newly renamed Pan Asia bank said they plan to get a listing on the Colombo Stock Exchange next month and raise new capital next year. online pharmacy …
Relatives, Muslims appeal for release of Sri Lankan hostage in Iraq
Relatives of Sri Lankan truck driver Dinesh Dharmendran Rajaratnam appealed on Sunday to his captors in Iraq to free him, saying he had been forced …
Hospitality industry injects US$ 150 mn to spruce up properties and re-open unused rooms, as Sri Lanka rolls out the carpet to greet 570,000 tourists
Local hoteliers are injecting over US$ 150 mn to spruce up 10,000 unused hotel rooms, as the tourist industry kits up to greet a record 570,000 …
Canadian mission to reopen amid protests over disrobing monks
Canada's mission in Sri Lanka is to re-open, a week after an anthrax scare sparked a diplomatic crisis which deepened Friday after Buddhist monks …