All Blogs
Mind the gap
The International Monetary Fund says Sri Lanka still has to plug a US $ 420 mn gap in external financing to maintain reserves around US $ 2 bn in 2005, while rising oil prices may expand the need further.The International Monetary Fund says Sri Lanka still has to plug a US $ 420 mn gap […]
‘s Official
TELEKOM Malaysia Bhd has confirmed that it intends to list its Sri Lankan subsidiary, MTN Networks (Pte) Ltd or Dialog GSM, on the Colombo Stock Exchange. TELEKOM Malaysia Bhd has confirmed that it intends to list its Sri Lankan subsidiary, MTN Networks (Pte) Ltd or Dialog GSM, on the Colombo Stock Exchange. In a statement […]
South Asian NGOs meet in Colombo to develop bargaining document for WTO talks
South Asian NGOs want governments to include their concerns when negotiating trade matters under the World Trade Organisation (WTO).South Asian NGOs want governments to include their concerns when negotiating trade matters under the World Trade Organisation (WTO). “Even in South Asia the different countries have different requirements.This is where civil society groups can get a […]
Ministerial meeting in Manilato to revive international interest in tsunami rebuilding
The ADB will host a Ministerial meeting in Manila, Philippines, on March 18, to revive international interest in tsunami rebuilding. The ADB will host a Ministerial meeting in Manila, Philippines, on March 18, to revive international interest in tsunami rebuilding. “As the development community’s response to the tsunami disaster is shifting from the relief phase […]
HSBC Global Markets, structures a US$ 34.05 mn derivative deal for Sri Lanka’s ACE Power Embilipitiya
HSBC Global Markets, a unit of HSBC Group, structured a derivative instrument for Sri Lanka’s ACE Power Embilipitiya in a deal worth US$ 34.05 mn. HSBC Global Markets, a unit of HSBC Group, structured a derivative instrument for Sri Lanka’s ACE Power Embilipitiya in a deal worth US$ 34.05 mn. ACE Power will hedge its […]
‘s ACE Power Embilipitiya
HSBC Global Markets, a unit of HSBC Group, structured a derivative instrument for Sri Lanka’s ACE Power Embilipitiya in a deal worth US$ 34.05 mn. HSBC Global Markets, a unit of HSBC Group, structured a derivative instrument for Sri Lanka’s ACE Power Embilipitiya in a deal worth US$ 34.05 mn. ACE Power will hedge its […]
Big Bite
National carrier SriLankan Airlines is starting off a daily return service from Colombo to New York’s JKF Airport this month, its CEO said Monday.National carrier SriLankan Airlines is starting off a daily return service from Colombo to New York’s JKF Airport this month, its CEO said Monday. The daily return service which starts on March […]
What Responsibility?
Sustainability reporting is still Greek to most listed companies in Sri Lanka while non-listed companies don’t even have annual reports, shows a recent survey.Sustainability reporting is still Greek to most listed companies in Sri Lanka while non-listed companies don’t even have annual reports, shows a recent survey. A survey, by the Association of Certified Chartered […]
Weight Watching
Commercial Bank of Ceylon is actively exploring ways to reduce its pension liability after a u-turn in tax policy cost the group an additional Rs. 67 mn. Commercial Bank of Ceylon is actively exploring ways to reduce its pension liability after a u-turn in tax policy cost the group an additional Rs. 67 mn. With […]
Safe Journey
Last year was the safest year for air travel with the least amount of aircraft losses, says the International Air Transport Association (IATA).Last year was the safest year for air travel with the least amount of aircraft losses, says the International Air Transport Association (IATA). “2004 was the safest year ever for air transport,” said […]