Sri Lanka on alert ahead of ex-US presidents’ visit

Sri Lanka boosted security ahead of a visit by former US presidents George Bush and Bill Clinton to inspect American-funded tsunami relief projects, police said.Sri Lanka boosted security ahead of a visit by former US presidents George Bush and Bill Clinton to inspect American-funded tsunami relief projects, police said. Bush and Clinton will arrive in […]

‘ visit

Sri Lanka boosted security ahead of a visit by former US presidents George Bush and Bill Clinton to inspect American-funded tsunami relief projects, police said.Sri Lanka boosted security ahead of a visit by former US presidents George Bush and Bill Clinton to inspect American-funded tsunami relief projects, police said. Bush and Clinton will arrive in […]

Legal experts are proposing a new technique to carry out securities transactions, more easily, cutting costs and legal uncertainties

Sri Lanka’s financial market players are looking for ways to carry out securitisation transactions, to cut costs and legal uncertainties.Sri Lanka’s financial market players are looking for ways to carry out securitisation transactions, to cut costs and legal uncertainties. The latest proposal is a legal techniques knows a Declaration of Trust, where a group of […]

Top Cat

Ceylinco Insurance Company Ltd, on Friday, formally announced its overall market leader status in Sri Lanka’s almost Rs 30 bn insurance industry. Ceylinco Insurance Company Ltd, on Friday, formally announced its overall market leader status in Sri Lanka’s almost Rs 30 bn insurance industry. “We are now the market leaders in insurance,” Lalith Kotelawala, Chairman, […]

Peanuts

The government spending US$ 13 on a person to keep them in good health for a year is making everyone sick, says Sri Lankan civil rights groups.The government spending US$ 13 on a person to keep them in good health for a year is making everyone sick, says Sri Lankan civil rights groups. “The budgetary […]

‘s Colombo call centre with a 45 megabits per second data line

Telco operator India’s VSNL, connected HSBC’s Sri Lankan call centre with a 45 mega bits per second data line last week, in a deal worth US$ 30,000 per month.Telco operator India’s VSNL, connected HSBC’s Sri Lankan call centre with a 45 mega bits per second data line last week, in a deal worth US$ 30,000 […]

The Central Bank says it has got Rs. 5.9 bn in tsunami aid to date.

The Central Bank said on Friday that it had received Rs. 5.9 bn in tsunami aid through government and Non Governmental Agencies as at February 15.The Central Bank said on Friday that it had received Rs. 5.9 bn in tsunami aid through government and Non Governmental Agencies as at February 15. The funds had come […]

Multi-donor Asian Tsunami Fund approved by ADB

The Asian Development Bank (ADB) approves the setting up of a multi-donor Asian Tsunami Fund on Thursday.The Asian Development Bank (ADB) approves the setting up of a multi-donor Asian Tsunami Fund on Thursday. “ADB’s Board of Directors yesterday approved the setting up of a multi-donor Asian Tsunami Fund, with ADB making its own initial contribution […]

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