Setting Up Shop
Cisco Systems Inc., Thursday announced plans to expand its presence in Sri Lanka through active participation in the countrys strategy to leverage …
All News
Expected Cut
The Central Bank Thursday lowered its key short-term rates with immediate effect, signaling an improvement in macro economic fundamentals.The bank …
Getting Online
The UNF government on Wednesday launched its ambitious strategy to develop Sri Lankas Information Communication and Technology (ICT) sector by 2006. …
Getting Online
The UNF government on Wednesday launched its ambitious strategy to develop Sri Lankas Information Communication and Technology (ICT) sector by 2006. …
Getting Online
The UNF government on Wednesday launched its ambitious strategy to develop Sri Lankas Information Communication and Technology (ICT) sector by 2006. …
Credit Calls
Payphone operator Tritel Services (Pvt) Ltd., is offering its telephone cards to the HSBCs 100,000 credit card customers.HSBCs credit card customers …
Growth Spurt
The government is mobilizing an island wide network of private sector consultants to advise the Small and Medium Scale (SME) sector. online pharmacy …
Double Digit
rnrnrnrnrnrnrnNew Page 1rnrnrnrnrnTrans Asia Hotelrn rnEarnings for six months ending Sept. 30, …
Channel Surfing
Households in Sri Lanka can leap-frog into the Internet age with a no-fuss, purse-easy Internet TV facility to be launched in Sri Lanka this week.The …
Next Halt
The government is offering state guarantees to raise funds for working capital and investments, subject to preset conditions as an added incentive to …
Account Straight
Complicated organization structures are making financial statements difficult to understand.Estimating the underlying risk is also becoming difficult …
Accounts On Time
Ministers, heads of government institutions and financial controllers will be held accountable for submitting state sector accounts on time.Commerce …
Counting Heads
State welfare schemes will get a face-lift from mid next year with the enforcement of a new Welfare Benefits Law.The new law attempts to better …
Close Watch
Colombo Dockyard appointed safety supervisors to improve working conditions in its docks. The company, which is seeking new opportunities in boat …
Super Regulator
Professor Rohan Samarajiva addressing the fifth LBR LBO CEO forum said the regulator to be manned by professionals would eventually look at other …
Road Show
Nearly two-dozen institutional investors have been lined up in Hong Kong and Singapore for presentations on the SLT IPO.rnrnSri Lanka Telecom is …
Human Quota
The Labour Ministry is campaigning several European countries for lquote job quotas quote to ease staggering unemployment levels and tackle illegal …
Lighter Purse
The government plans to tinker with the Employees Provident Fund Act to set up a new contributory pension scheme for public sector employees.The new …
Seeing White
Setting the base for the donor meeting on November 25 in Oslo, the government is releasing a white paper outlining urgent funding needs.online …
Pramuka Decision
The Central Bank said Friday it decide on future of the troubled Pramuka Savings & Development Bank and announce the decision next week.rnrnPramuka …
Setting Sail
Colombo Dockyards heeding to the call of peace is setting sail in search of new business, looking at more challenging assignments. The company is …
Stopgap
State run Bank of Ceylon has lent US$ 75 mn to the government help bridge the budget deficit.The one-year loan is priced at 192 basis points above …
Late Call
Sri Lanka Telecom on Monday pushed back its IPO debut to November 28, while finalising the issue price at Rs. 15.00.The Colombo Stock Exchange (SEC) …
Higher Elevation
The Central Bank plans to raise the minimum capital requirement for primary dealers by Rs. 50 mn.Under the existing guidelines, dealers are expected …