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‘s private debt
Seylan Merchant Bank says it hopes to have some 1000 debt trading accounts active by end September, to trade in the CSE’s debt trading system.Seylan Merchant Bank says it hopes to have some 1000 debt trading accounts active by end September, to trade in the CSE’s debt trading system. The DEX initially limited to govt., […]
Banker’s Bank
Commercial Bank picked up its fifth consecutive Bank of the Year award given out by British magazine “The Banker”.Commercial Bank picked up its fifth consecutive Bank of the Year award given out by British magazine “The Banker”. A Commercial Bank statement on Wednesday said the magazine’s annual ratings, published in its September 2005 issue, followed […]
Connaissance livens up its image
Hotel chain Connaissance will plough in Rs.600 mn to liven up a tired image, re-branding its resorts and spas to lure high spending travellers to its ‘Amaya’ retreats.Hotel chain Connaissance will plough in Rs. 600 mn to liven up a tired image, re-branding its resorts and spas to lure high spending travellers to its ‘Amaya’ […]
New Number
Hutchison will add over 212 new base stations to increase coverage and add some 500,000 more lines to its line capacity.Hutchison will add over 212 new base stations to increase coverage and add some 500,000 more lines to its line capacity. Investment for the expansion was not disclosed, but official said the deal was being […]
‘s co-chairs of peace gather in two weeks for extraordinary meeting
Peacebroker Norway said Wednesday that Sri Lanka’s government and Tamil Tiger rebels will be invited to meet soon at the international airport to review their troubled truce, after weeks of haggling over a venue.Peacebroker Norway said Wednesday that Sri Lanka’s government and Tamil Tiger rebels will be invited to meet soon at the international airport […]
Sri Lanka president and PM at loggerheads over peace moves
Sri Lanka’s outgoing president will press ahead with plans to share power with minority Tamils in exchange for peace even though her prime minister has promised to ditch the plan if he succeeds her, an official said.Sri Lanka’s outgoing president will press ahead with plans to share power with minority Tamils in exchange for peace […]
July garment imports take a dip
Garment exports dropped two percent to US$ 263 million in July, ending a long growth standing streak due to higher costs and competition after the quote regime ended in 2004.Sector exports for the first seven months are however up 6.4 percent but analysts say stagnant prices and lower imports by the sector indicate further drops. […]
Dead Duck
The World Health Organisation has urged Sri Lanka to draw up its battle plan for avian flu, as migratory birds’ stop over in South and South East Asia each September.The World Health Organisation has urged Sri Lanka to draw up its battle plan for avian flu, as migratory birds’ stop over in South and South […]
Sri Lanka to support food aid flexibility at international trade talks.
Sri Lanka to support food aid flexibility at international trade talks, against looming agriculture subsidy reduction shocks.Sri Lanka to support food aid flexibility at international trade talks, against looming agriculture subsidy reduction shocks. With impending cuts on export subsidies due to increase food prices and food aid also under threat, Sri Lanka is putting its […]
Baggage Transfer
National carrier SriLankan Airlines will slap on another US$ 30 to US$ 50 surcharge on tickets from September 15, as surging jet fuel prices threatens to erode profits this year.National carrier SriLankan Airlines will slap on another US$ 30 to US$ 50 surcharge on tickets from September 15, as surging jet fuel prices threatens to […]