Sri Lanka is not so hot to do business, says a World Bank study
Sri Lanka might spend millions marketing itself as a paradise destination but a recent World Bank study finds that as a place to do business in, the …
All News
Price Surge
SriLankan Airlines is raising fares by five percent from October 1, as twin effects of a falling rupee and rising oil prices chips away profits.buy …
Nail Biting
The government is expected to give its verdict on People's Bank's restructuring proposal in three-weeks time detailing capital injection plans. buy …
Wise Words
President Chandrika Kumaratunga says pyramid style network marketing schemes have drained over US$ 50 mn from the country and warned tough action …
Empty Shell
The Consumer Affairs Authority (CAA) plans to take legal action against Shell and Laugfs for prematurely increasing gas prices. online pharmacy buy …
Sugar Coat
Parliament Tuesday the controversial land tax bill, paving the way for foreigners to be taxed 100 percent whenever they buy properties. online …
Rights Reserved
Sri Lanka's publishing industry says enough is enough and has called in Asia's only piracy catcher, to crack down copycat publishers ripping off …
ADB lends US$ 570 mn focusing on infrastructure and rehabilitation
The ADB is planning to lend US$ 570 m to Sri Lanka over the next two years, according to a Country Strategy and Program (CSP) Update for 2005-2006 …
Profits Evaporated
Local gas consumption is expected to slide further following recent price hikes, but market mover, Shell, says it is still loosing millions of rupees …
Service Concerto
DMS Electronics Limited, on Tuesday said it would retail US based Concerto Software Inc.’s contact centre solution here. DMS Electronics Limited, …
Gold for the Old
Mutual fund industry is re-submitting a proposal to government for investor tax breaks to set up retirement savings plans here. Mutual fund industry …
Mercury Rising
The Treasury says it will try to maintain fiscal discipline and try to keep interest rates low as much as possible.buy ivermectin online buy …
Spiriting Cash
Telecom operators are concerned that money meant to finance rural connectivity channeled to the cash strapped Treasury as a temporary measure, will …
State of Affairs
Sri Lanka state has been given 90 days to respond to a landmark decision by the United Nations Human Rights Committee. online pharmacy buy spiriva …
Dangerous Columns
Reporting a company's financial performance is facing new challenges as investors demand more information about how the business is likely to perform …
HNB woos
Hatton National Bank says its shares are under-priced by the market. online pharmacy buy abilify with best prices today in the USA buy chloroquine …
Tamil Tigers pay of public debt
Tamil Tigers said Monday that they were repaying part of funds raised via public to fund their Ealam struggle. online pharmacy buy cymbalta with best …
PB to get a Convertible
People’s Bank is likely to get a government capital injection via a convertible bond issue. buy chloroquine online …
Gotcha!
The Department of Exchange control has imposed heavy penalties on violators of exchange control regulations. buy cymbalta online …
Energy Costs
The government is trying to sell its watered down electricity sector reform plans to lending agencies and top up sector funds this month. The …
LakeView Economics
The JVP has been accused of blundering in the dark when dictating macro-economic policies to the government. online pharmacy buy abilify with best …
HNB mopped up Rs. 200 mn worth of securitised paper from People’s Leasing Co. locking returns up to four years
Hatton National Bank bought up Rs. 200 mn worth of securitised paper on Monday, locking returns for up to four-years. Hatton National Bank bought up …
Weakest Link
The Railway Department will begin overhauling 100 km of the islands dilapidated rail track this month at a cost of over Rs 374 mn. online pharmacy …
Shifting Bulge
Former Plantations Minister Arumugan Thondaman shifted baggage to the ruling Freedom Alliance, giving the government its longed for majority. online …