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Fashionable Economics
It was only last week that I wrote in these columns that we will soon be entertained by election time economic theories of the soon to be formed alliance between the JVP and the Honorable Prime Minister (Mahinda).It was only last week that I wrote in these columns that we will soon be entertained by […]
Pick Up Lines
Sri Lanka Telecom’s mobile subsidiary on Monday said it was repackaging its IDD rates to better cater to its customer base.Sri Lanka Telecom’s mobile subsidiary on Monday said it was repackaging its IDD rates to better cater to its customer base. A Mobitel statement on Monday said customer could choose between a high clarity premium […]
Indian Linkage
Sri Lanka Telecom on Monday signed a US$ 3 mn deal with India’s BSNL and technology giant NEC to set up a point to point fiber optic link between the two countries.Sri Lanka Telecom on Monday signed a US$ 3 mn deal with India’s BSNL and technology giant NEC to set up a point to […]
Amaya Re-emergence
The Connaisance group with a new branding as Amaya Resorts and Spas’ hopes to attract higher spending tourists despite worries about the future course of the peace process. The Connaisance group with a new branding as Amaya Resorts and Spas’ hopes to attract higher spending tourists despite worries about the future course of the peace […]
Standing Tall
Increasing land prices and demand for houses are pushing developers to launch taller building projects and even larger suburban housing projects. Increasing land prices and demand for houses are pushing developers to launch taller building projects and even larger suburban housing projects. Sri Lankans living abroad and falling interest rates have helped drive property prices […]
Top international credit rating agencies fly in to rate Sri Lanka
Top international credit rating agencies fly into Sri Lanka, as the country pushes ahead to secure a sovereign rating before end November, officials said Friday. Top international credit rating agencies fly into Sri Lanka, as the country pushes ahead to secure a sovereign rating before end November, officials said Friday. Officials from Fitch Inc of […]
That’s Ok
Mercantile Leasing Limited on Friday said its Board had approved a deal to merger with Nations Trust Bank.Mercantile Leasing Limited on Friday said its Board had approved a deal to merger with Nations Trust Bank. News of the merger pushed Mercantile Leasing shares up Rs.2.25 to Rs. 62.25 towards the close of trade. Shares in […]
Norway to send envoy to Sri Lanka truce talks
Peace broker Norway said it would send a special envoy to Sri Lanka to help save a troubled ceasefire after admitting it had failed to secure agreement about a venue for planned talks.Peace broker Norway said it would send a special envoy to Sri Lanka to help save a troubled ceasefire after admitting it had […]
Bill Me Later
The Sri Lankan government is trying to partly offset monies due to Indian Oil Corp’s local unit by offering assets, treasury bonds and cash, as fuel subsidy payments threaten to snowball to US$ 140 million by year end, officials said Friday.The Sri Lankan government is trying to partly offset monies due to Indian Oil Corp’s […]
Another registration system for tsunami victims
The Sri Lankan government is to set up another registration system for tsunami victims at the cost of US$ 1.2 million, to track aid delivery better.The Sri Lankan government is to set up another registration system for tsunami victims at the cost of US$ 1.2 million, to track aid delivery better. The computerised centres will […]