Free Fall
Investors are bracing for a brutal fall in share prices in Thursday trading, following up on the over 18 percent drop in the ASPI over two days. The …
All News
Oval Blessings
President George W. Bush on Wednesday praised Sri Lankan Prime Minister Ranil Wickremesinghes "leadership," a day after President Chandrika …
Tour Advisory
A top-rung tourism taskforce is already monitoring the ongoing political chaos and to map out salvage plans in the event of a worsening …
State Freeze
The President on Wednesday declared a State of Emergency, a day after she sacked three key ministers and suspended Parliament. President Kumaratunga …
No-Fly Zone
Britain has issued a travel advisory to Sri Lanka and the up-coming tour of the English cricket team put off as the country slipped further into …
Higher Warnings
The Supreme Court ruled on Wednesday that the President enjoys supreme, inalienable powers relating to defence of the country. rnThe ruling comes one …
US Backs Premier
Suspension of parliament, other actions possibly detrimental to peace, says State Department Spokesman on Wednesday.U.S. State Department Deputy …
Peace Accord Holds
The Norwegian-brokered ceasefire pact between the Sri Lankan government and Tamil Tiger guerrillas will stand despite President Chandrika Kumaratunga …
Starlight
Dubai-based Emirates Airline has set its sights on the stars -- literally -- to help it offer new levels of comfort and enjoyment to travellers on …
High Altitude
lquote Countdown to takeoff; passengers are now boarding for the first commercial Hot Air Balloon flights, taking off over Sigiriya this Saturday.The …
Crash
The Colombo stock market took a plunge as President Chandrika Kumaratunga sacked three key ministers and took over the portfolios of Defence, …
Calling All Buyers
The market is climbing up, with analysts seeing investment oppurtunities, urging buyers to return to the market.rn"Fundamentally stocks are trading …
Report Card
Effective steps to create a tax compliance culture, focus revenue generation measures where there is a capacity to pay and to target relief measures …
Uphill Battle
Despite a recent economic upturn, Sri Lankas somewhat under developed capital market are yet to pose a serious competition to the local banking …
Big Deal
Prime Minister Ranil Wickremasinghes US visit will bring Sri Lanka once step closer to building a free trade area spanning two continents.The …
Six Calls
Six investment banks are vying to take up the post of international ratings advisor to the government, as it embarks on the process of seeking a …
Fund Manager
The state is gunning for a Rs. 9 billion cut in interest costs for 2004, after making a Rs. 4 billion saving in 2003. Deputy Finance Minister Bandula …
What You Get
The governments budget for next year will give substantial salary hikes for government sector workers while creating new jobs and improving …
Under Audit
An international governance watchdog Transparency International has asked the government to carefully study the proposed establishment of an Audit …
Blooming
Like most couples planning to take the plunge Deepali and Nishan wanted everything to be perfect on their wedding day.Deepali was especially keen to …
Second Round
IT start up Interblocs has raised over a million dollars in a second round of financing to expand operations overseas.Interblocs specialises in …
Gold Road
The government is tipped to raise money from Indian financial institutions to fund the 25 km Colombo-Katunayake Expressway.ldblquote The Indian bond …
Long Life
Union Assurance Ltd has reported an upsurge in net profits, largely aided by its booming investment portfolio.For the nine months ending September …
In-Flight Bid
Singapores Changi Airport has put an unsolicited bid to take up a 60 percent stake in Airport Aviation Services Ltd (AASL).The bid comes after Changi …