Debt Sales
The Stock Exchange will tap into internal funds to raise the issued share capital of its depositary system to Rs.100mn endash a final clause to allow …
All News
Be Generous
Commercial Bank of Ceylon is in talks with its Unions to ask them to contribute part of their earnings towards a bank pension schemeInitial …
Steady Growth
Hayleys will delve deep into its traditional operations to increase profits in 2004-05 while pegging growth prospects on agriculture and …
Election Sniper
Gunmen have shot dead a political activist in eastern Sri Lanka in a second murder believed to be related to next months elections, police said …
On Test
The much-hyped third generation cellular services will soon be a reality, with the first of three trial networks launched by Dialog GSM on Tuesday. …
Montero Monks
Buddhist monks launched their formal drive for Sri Lankas parliament from a historic temple town Tuesday with a vow to cleanse politics and restore …
Borrowing Cheap
The Central Bank says it will issue Rs. 2 bn worth of two-year treasury bonds to the debt market, as part of its borrowing programme for March. …
Hard Sell
Modeled on the likes of top branded resorts like Banyan Tree, Jetwing Hotels is revamping its hotels and spas into three core brands endash Eco, …
Woof, Woof
Getting its campaign on the road, on Monday the UNF asked Sri Lankas 12 million voters to decide between clarity and chaos at the April polls.Citing …
Bow-wow
The red-blue Alliance says the UNF failed to deliver on its promises, its only success was in delivering misery to the People. Alliance members on …
Oh Dear!
Moderate Tamils warned Monday they would declare independence from Sri Lanka unless the government that came to power after snap April elections …
Phase II
The Asian Development Bank (ADB) on Monday approved US$ 800,000 for a second phase private sector development programme to push through reforms to …
Cosy Chat
The Marxist Janatha Vimukthi Peramuna says it will re-negotiate the US$ 567 mn structural loan facility with the IMF, when it comes to power next …
Muddy Waters
Sri Lankas Buddhist clergy Monday accused President Chandrika Kumaratungas Marxist allies of launching a "smear campaign" against them in the run up …
Good Show
The Seylan Merchant Bank (SMB) Groups earnings rose 344 percent to Rs. 50.29 mn over revenues of Rs. 565 mn for the fiscal year ending Dec. online …
Bigger Capacity
Dubai based Emirates Airlines said Monday, that it was adding five new services to Colombo in March, substantially increasing seat and cargo capacity …
Gone
An electoral candidate was shot dead in Eastern Sri Lanka Monday in the first political killing in the run up to parliamentary polls in April, police …
Chartered Standards
Institute of Charted Accountants is working on two new accounting standards to improve disclosure and measurement of complex financial instruments, …
Precautious Bank
Peoples Bank provided a massive Rs. 1.7 bn for its property portfolio to comply in advance with a new Central Bank ruling. buy antabuse online …
Labours Love Lost
Free trade zone employees, at the end of the supply chain are under increasing pressure to keep costs down as retailers and brand owners offload …
On the back of IT
Leading IT companies including Oracle, Sun Microsystems and Intel are planning to open offices here on the back of one opened by Microsoft, a top …
Success Secrets
An expert on fiscal federalism says knowing when and how to change state institutions according to changing needs is essential for a government to be …
High Note
State-run Bank of Ceylon ended 2003 on a high note of Rs. 1.642 bn in net profits, even as revenues fell 7. online pharmacy buy ciprodex with best …
Gaping Hole
rnrnInrnthe 2004 pre-election budget report, the Treasury says handouts for drought costrnRs. 900 mn, transport sector Rs. 1.8 bn, backward wages for …