All News

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Smooth Talk

The United States says it will revive talks on a free trade agreement (FTA) with Sri Lanka but will not remove the terrorist label from the LTTE."We …

Dead End?

Sri Lankas public utilities need regulating, the regulatory body is manned, trained and ready to go but has nothing to regulate.The Public Utilities …

Talk Shop

Insurance consultant Chandra Fernando thought very little when he signed up for a Dialog GSM connection on March 30, 1995.The 54 year old Fernando …

Lets Chat

The United States says it is keen to pursue a trade pact with Sri Lanka and agreed to meet in October to iron out issues.US Trade Representative, …

Call Waiting

Sri Lanka Telecom has picked UBS Warburg and Standard Chartered Bank as arrangers to its upcoming US$ 100 mn bond issue.The five-year loan will carry …

Wake Up

Sri Lankas top trade chambers have asked the government to wake up to the realities facing the economy and for legislators to stop misbehaving in …

Call Waiting

Sri Lanka Telecom has picked UBS Warburg and Standard Chartered Bank as arrangers to its upcoming US$ 100 mn bond issue.The five-year loan will carry …

Mobile Mania

With taxes slashed and handsets smuggled in, Sri Lanka is becoming a mobile phone paradise where even the islands prisons are awash with cell …

Snapped Up

The Central Bank said Monday that it had accepted US$ 144.75 mn worth of two-year bids for the first tranche of the governments US$ 100 mn issue.The …

Capital Punishment

The government has set up an agency to independently manage commercial enterprises rather than privatize them as critics slammed it saying across the …

Virtual Money

The World Bank on Thursday signed a US$ 53 million deal with the Republic of Sri Lanka, funds to back its island-wide Information and Communications …

Land Lock

Expats buying land here will be charged a 100% tax, with a committee appointed to recommend action for new land sales and real-estate already sold. …

Bond Worrys

Sri Lankas commercial banks are in for a rough ride this year with the bond markets falling on top of increased taxes.The banking sectors 2004 first …

Mega Deal

Hatton National Bank on Thursday inked a deal to execute a US$ 36.5 mn interest rate swap for power generator Heladhanavi Ltd. online pharmacy buy …

Why Watch

The EU election monitors to Sri Lanka says another monitoring mission is not likely unless its repeated recommendations are implemented.The election …