More Money
Danish authorities on Tuesday signed a development co-operation agreement to fund a multitude of projects yet to be identified.rnrnThe fresh aid …
All News
Book Keeping
Independent reviews of public sector accounts will take off in July, in line with ongoing reforms to revamp the public sector to be accountable and …
Base Cost
Telco firms will meet the telecom watchdog Tuesday to discuss termination rates proposed in a recent consultant cost study.Telecommunications …
Private port
Colombo South Harbor, which will be more than double the ports capacity to handle containers, is likely to be built with private sector help.Colombo …
Tourism bull
The tourism market is expected to grow at 20% a year over the next five years according to stockbroker estimates. They also say that high spending …
DFCC gets Merc Bank
DFCC bank plans to offer more commercial banking products to its customers once it acquires a small commercial bank.DFCC says they will not merge …
Floodgates
The market raced past the 1000 point mark on Friday in a frenzy of largely local interest, in levels last seen eight years ago.rnrnThe All Share …
Beyond Beaches
Surviving through two decades of fluctuating fortunes, tourism is now moving to giddier heights of the big spenders and a niche of expensive boutique …
Hambantota Woes
The Hambantota Port project may not get off ground as soon as expected, Ports Minister Rauf Hakeem warned today.The Canadian firm SNC Lavelin offered …
Quick Time
Sri Lanka Telecom has started rolling out the first phase of its plan to innovative broadband access technologies for residential and business …
Earth Slip
The Government has approached the United Nations in Geneva for US$ 27.5 mn rnin short term relief to rebuild houses and infrastructure damaged in …
Peace Rally
Banking stocks stole the market Thursday, with National Development Bank and NDB Bank (NBL) netting 50 percent of the Rs. 457.21 mn in total …
Racing On
The All Share index moved 15 points closer to the psychological 1000 point mark, closing at 969 on Wednesday.Despite the current gloom surrounding …
Short Circuit
rnRegulators are holding back on a date to auction overseas call access codes due to a lack of interconnection between operators.rnrnPreviously, the …
Fail Safe
A blueprint for a proposed social security net for retrenched workers has got the Treasury go-ahead, with the changes to be gazetted in two …
Building Blocks
Standard concession agreements are being drawn up for the road sector, spelling out the financial, technical and legal A to Zs for potential private …
Credit Drip
The World Bank Wednesday approved the first tranche of US$ 125 mn in support credit, to shore up the countrys poverty reduction strategy.rnrnThe …
Lease Backed
Cash rich National Savings Bank (NSB) bought up Rs. buy amoxil online buy amoxil online no prescription 200 million worth of securitised paper last …
Stately Homes
State housing finance giant, HDFC, is floating a construction company to cash in on the middle-upper income-housing boom.A fully owned subsidiary, …
Silent Watch
Watching for a leopard is patient labour; Studying the elusive and protected wildcat is something else altogether. But prohibitive research costs has …
Side Dish
The government wants an interim cure for the collapsed peace talks so it can stick to development plans and aid utilisation schedules. Proposals …
Creating Wealth
National Wealth Corporation, the governments new wealth management agency, is offering its expertise to government institutions, private firms and …
Perks For PERC
The Public Enterprise Reforms Commission is to be restructured this year expanding its scope to include monitoring State investments. The …
Aid scare
Economists are warning that key fiscal targets could be missed as donors pledge a record amount of aid.Most of the US$ 4.5bn pledged at the Tokyo …