Change Of Address

Pramuka Bank’s operations have been shifted to the Central Bank’s Staff Training Centre in Rajagiriya, freeing up precious millions to pay up depositors, the Central Bank said Thursday. Pramuka Bank’s operations have been shifted to the Central Bank’s Staff Training Centre in Rajagiriya, freeing up precious millions to pay up depositors, the Central Bank said […]

Behave!

Police behaviour is under fire again with yet another human rights group demanding greater disciplinary control over Sri Lanka’s 65,000 strong police force. Police behaviour is under fire again with yet another human rights group demanding greater disciplinary control over Sri Lanka’s 65,000 strong police force. A civil rights group called Janasandanaya is the latest […]

Sri Lanka Telecom hires Fitch and Standards &’s for an international rating

Triple A rated Sri Lanka Telecom has signed up for a rating with two top international agencies, Fitch Ratings of USA and Standards & Poor’s as it embarks on an overseas roadshow for its upcoming debt issue next month. Triple A rated Sri Lanka Telecom has signed up for a rating with two top international […]

Borrowed Feathers

The Chartered Institute of Management Accountants (CIMA) launched Sri Lanka’s first student loan scheme for professional education, as it takes strides to penetrate its reach further.The Chartered Institute of Management Accountants (CIMA) launched Sri Lanka’s first student loan scheme for professional education, as it takes strides to penetrate its reach further. CIMA students can now […]

Brand Names

Computer giant HP is bridging the price gap with cloned computers, shifting from proprietor software to open source operating systems. Computer giant HP is bridging the price gap with cloned computers, shifting from proprietor software to open source operating systems. HP says it can offer prices as low as Rs.50,000 for a PC with its […]

Called Off

Ceypetco unions said Wednesday that they would not disrupt fuel supplies on the assurance that any decision on a third petroleum player would be fully discussed.Ceypetco unions said Wednesday that they would not disrupt fuel supplies on the assurance that any decision on a third petroleum player would be fully discussed. At talks on Wednesday, […]

Rubber tappers wages head North on boom in market prices

Workers in Sri Lanka’s rubber sector are tapping the benefits of the current price boom as a result of a Price Share Supplement (PSS) introduced in January this year in the wake of an agreement between unions and plantation management companies. Workers in Sri Lanka’s rubber sector are tapping the benefits of the current price […]

Sea Bites

Sri Lanka Telecom (SLT) is on track to reap higher international call revenues through a routing agreement with India’s Bharat Sanchar Nigam Ltd (BSNL).Sri Lanka Telecom (SLT) is on track to reap higher international call revenues through a routing agreement with India’s Bharat Sanchar Nigam Ltd (BSNL). SLT said Tuesday that it has entered into […]

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