Wings Clipped
A strike by flight attendants over a pay row delayed several SriLankan Airlines flights and stranded passengers Friday, airport officials said.rnThere was no …
First Innings
Former Sri Lankan cricket captain Arjuna Ranatunga Friday mended fences with President Chandrika Kumaratunga and was sworn in as deputy minister of industries, …
Scoring Points
Sri Lanka has made it to a list of 15 countries eligible for aid this year from the newly formed US Millennium Challenge Corporation (MCC). "Sri Lanka was …
Spring Cleaning
Fitch Ratings Lanka Limited has revised symbols used to communicate its national ratings in Sri Lanka, in order to achieve greater consistency with the rating …
Whats In A Name?
Work is expected to start this year, and SLT hopes to include its brand valuation into its 2004/5 financial statements.rnrnThe consultant will first have to …
Losing Weight
Carsons is exploring alternate uses for its loss-making Pegasus Reef Hotel, from an urban housing project to up-scale entertainment.The hotel has been …
Second Wicket
Lanka Rating, Sri Lankas second credit rating agency, opens shop later this month, after securing regulatory approval.Local capital markets are in a nascent …
Second Thoughts
India will pursue a comprehensive economic partnership agreement with Sri Lankas new government amid plans for an aid package to rebuild the islands embattled …
Enlisting Babies
Sri Lankas Tamil Tiger rebels have stepped up recruiting hundreds of child soldiers amid renewed moves by peace broker Norway to revive stalled talks, …
Bala Returns
The London-based top Tamil Tiger negotiator returned to Sri Lanka Friday ahead of resuming Norwegian-backed peace talks with the new Colombo government, …
Country at Crossroads
Broader and deeper structural reforms in the last two years gave the economy a boost together with progress in peace talks.Central bank governor A S …
Nordic Battles
Norway is seeking to jumpstart Sri Lankas stalled peace talks, but faces a challenge to bridge a "gulf of confidence" between the new government and Tamil …
Cost of Life
Twenty five per cent of Sri Lankan households now have some form of motorized transport up from 15 per cent in 1996. 28 percent have refrigerators, up from 16 …
Insurance or Hazard
Following the failure of Pramuka Bank, the Central Bank is looking again at the concept of deposit insurance. This years annual report talks of a financial …
Can the Central Hold?
Central Bank has been bringing down their policy rates in the last two years to encourage local investment. However they say that bank-lending rates have not …
Sinhala Code
Ensuring the life of the Sinhalese language in the computers era, a fresh draft font standard is now in circulation for public comment. This proposed standard …
Stinging Response
Sri Lankan authorities Monday sought divine intervention to calm a colony of venomous wasps who stung more than 200 tourists at the fifth-century rock fortress …
What Women Want
Women are climbing the corporate ladder in record numbers but only a handful manages to get top executive positions in big companies.Experts say the numbers of …
Re-Igniting
The insurance watchdog is getting tough with the industry by re-introducing fire tariffs with a few modification starting June 1.Present fire tariffs have not …
Trade Routes
Trade to the North East has taken to the road, washing away business for the seaports in the region. The Trinco harbour saw the number of ships calling there …