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Government getting closer to wrap up deal to sell Colombo Commercial Company property
Government is trying to close the deal on the sale of the Colombo Commercial Company property facing the Beira Lake, to take advantage of upfront payments from investors in addition to annual lease payments.Government is trying to close the deal on the sale of the Colombo Commercial Company property facing the Beira Lake, to take […]
Jump In
Top Indian banker and one of the most influential business people in the world according to Fortune magazine and the Wall Street Journal, Naina Kidwai, says the type of investment flows are a good indication about the level of confidence in coalition governments.Top Indian banker and one of the most influential business people in the […]
‘re Watching
The Sethusamudram canal set to be operational from 2008 will give a continuous navigable route around the Indian peninsular linking the west coast of India with its east. The Sethusamudram canal set to be operational from 2008 will give a continuous navigable route around the Indian peninsular linking the west coast of India with its […]
Warm Up
Banks have to do dummy runs in calculating their credit and operational risk according to a roadmap on the implementation of new minimum capital rules agreed to with the financial sector regulator.Banks have to do dummy runs in calculating their credit and operational risk according to a roadmap on the implementation of new minimum capital […]
Emergency Call?
Top regional telcos are showing a keen interest in acquiring a controlling stake in Sri Lanka Telecom (SLT) have been joined by two local conglomerates but government is unlikely to make any decision on a sale till elections are over.Top regional telcos are showing a keen interest in acquiring a controlling stake in Sri Lanka […]
Cure Thyself
The Asian Human Rights Commission (AHRC), a non governmental organisation, accuses Sri Lanka’s public heath service of medical negligence. The Asian Human Rights Commission (AHRC), a non governmental organisation, accuses Sri Lanka’s public heath service of medical negligence. The AHRC says the recent spate of meningitis in Sri Lanka is a case of medical negligence […]
Free Passage
A Sri Lankan court has freed 21 men who were accused of involvement in the 1993 assassination of president Ranasinghe Premadasa, the state attorney general’s department said Thursday. A Sri Lankan court has freed 21 men who were accused of involvement in the 1993 assassination of president Ranasinghe Premadasa, the state attorney general’s department said […]
Government thinking of giving tsunami victims money to buy land
Sri Lanka government says it is thinking of giving tsunami victims money to buy land to rebuild their homes, eight months after the tsunami.Sri Lanka government says it is thinking of giving tsunami victims money to buy land to rebuild their homes, eight months after the tsunami. Sri Lanka’s central tsunami reconstruction agency TAFREN said […]
India asks for a taste of Sri Lanka’s tea market
India has called for duty free access for its teas into Sri Lanka under the latest round of CEPA talks that concluded in end August. A weekly Asia Siyaka Commodities report said India is asking for duty free access for green and black teas in three kilos and larger pack sizes. The Siyaka report said […]
‘s tea market
India has called for duty free access for its teas into Sri Lanka under the latest round of CEPA talks that concluded in end August. A weekly Asia Siyaka Commodities report said India is asking for duty free access for green and black teas in three kilos and larger pack sizes. The Siyaka report said […]