Getting Hitched
Vanik Inc. is in talks with a foreign investor to restructure its balance sheet and fend off bankruptcy proceedings to recover Rs. 4.4 bn in debt. …
All News
Rerun
The government has reapplied for a US$ 60 mn loan from the Asian Development Bank (ADB) to restructure national revenue collection. online pharmacy …
Village Hand
Condemning the way traditional subsidies are doled out to the poor, the Freedom Alliance Government is gearing to launch a fresh poverty reduction …
Media Attack
Sri Lanka’s opposition United National Party condemned the grenade attack on the independent Swarnavahini television station, and called for an …
EU Flight
Sri Lanka has agreed to tweak terms of its bilateral Air Service Agreement with France, to allow other EU carriers from its ‘common market’ to …
Import tax on cars, vans and dump trucks up from Friday
Import tax on cars, vans and dump trucks went up from midnight Thursday after excise duty on these vehicle categories were increased. Import tax on …
Breathing Space
Pramuka Bank got a short breathing space on Friday when the Appeal Court issued a stay order against the decision to liquidate the bank. online …
On the Roll
Treasury bond auctions on Thursday for three and four year bonds bring in over Rs 4 bn each. Treasury bond auctions on Thursday for three and four …
Branded for Life
All brands under the Sri Lankan sun - giants or dwarves - are invited to test their metal against each other at the SLIM Brand Excellence Awards …
Cess on coconut and palm oil imports to fund local coconut industry
The Plantation Industries Ministry is looking at financing local coconut production through a cess on coconut oil and palm oil imports. online …
Go Ahead
The Trustee of Vanik debenture holders told the Colombo Stock Exchange on Thursday that it would support an application to windup the company. online …
Sky Castles
A change in land taxes and a stagnated economy has not crimped Sri Lankans desires to own a house in the skies. online pharmacy buy abilify with best …
Government baffled by the LTTE’s lack of interest in peace talks
The government of Sri Lanka says it is ready with a new set of proposals to re-start peace pow-wows and is baffled by the lack of interest from the …
India, Sri Lanka to to harmonise standards and certification procedures by early next year
Sri Lanka and India are trying to harmonise standards and certification procedures between the two countries by early next year to move the …
Driving Off
A pick up in the Indian car market is driving the leasing business here, with Tata India expanding its fleet of vehicles locally to tap the …
Wheeler Dealers
The main opposition United National Party seems to think that more subsidies are the way to go, by claiming that the government should subsidise …
Central Bank differs rate hike, as inflation gallops ahead
Sri Lanka's budget deficit expands and reserves make a small recovery, as the government differs payments and opts for dollar bonds to balance the …
Impacts of Sethusamudram to be discussed this month
The initial findings on the impact of India’s Sethusamudram ship canal project on Sri Lanka, will be submitted to the government this month. online …
Gas Auction
Shell Sri Lanka is gearing up for a due diligence of local operations, falling in line with parent plans to sell off its global LPG business, and …
Central Bank keeps its short-term interest rates unchanged, for the 12 consecutive month
Central Bank puts off raising short-term interest rates for the 12 consecutive month, in the face of galloping inflation. online pharmacy buy abilify …
Going Online
From housemaids in the Middle East to engineers in Canada, Sri Lankans away from home keep tabs on news back home through Sri Lankan newspapers …
Change Factor
A name, brand and balance sheet makeover later, Pan Asia Bank Corporation Limited says it is talking to an undisclosed foreign bank and the National …
Gold Mine
Sri Lanka's Central Bank Tuesday raised the price of its commemorative gold coins by 43. buy ivermectin online …
No Can Do
The Central Bank on Tuesday warned the public that Kandy based Lankawin Finance Company Limited was taking deposits without a license under the …