Tripling Over
Hatton National Bank Ltd said Tuesday its full year group profits nearly tripled as it notched gains from its bond portfolio, despite hefty provisioning. Group …
Call Forwarding
The roll out of a free incoming to mobile phones regime is being pushed back once again, this time to allow for greater public awareness. The telecom watchdog …
New Dentures
The government says it has put out a fresh draft, which gives the Auditor Generals Dept., more teeth to flex its muscle.buy temovate online buy temovate online …
Mushroom Magic
The centuries-old therapeutic magic of the Ganoderma mushroom, ranked by the ancients of China and Japan as the king of some 38,000 varieties of mushroom found …
Jumping High
Ceylinco Life has ended fiscal year 2003 achieving its declared goal of crossing the three billion rupee mark in premium income.In results released this week, …
Private Tours
Privately owned helicopters could come to the rescue in medical and natural disasters and fly in to transport shipping crew between land and sea before …
Do & Tell
Central Bank says market participants should go for maximum disclosure based on good accounting standards when getting into derivative trading.ldblquote It is …
Poor Show
Sri Lanka may fall short of achieving a projected six percent growth this year, as politicking keeps investors at bay, Finance Minister K N Choksy said.Despite …
Sisyphus Speaking
A top business leader called on the business community to exert pressure on governments to deliver and be held accountable.Joint business forum Chairman …
Getting Cold
The refuse tea export, though illegal, has become the latest threat facing the tea industry, adding to other global pressure. The export demand for fiber and …
Love From India
The promoters of Indias first Mass Rapid Transport (MRT) system have offered to help the government to set up a similar system to help ease congestion in …
Second Round
Private bus owners are lobbying the government to remove VAT payments slapped on lease rentals of registered buses.Currently, around 17,500 private passenger …
Are They Clueless?
Lack of long-term planning since independence and intense party politics have kept Sri Lanka from developing faster, a top private sector personality said on …
Not Done
President Chandrika Kumaratunga has made a fresh attempt to overturn tax amnesty extension given by the government last year.In a petition to the Court of …
Life Cycle
The Treasury last issued the letter on March 13 2003, with the hope of finding fresh investors and to allow the bank to continue its normal banking …
Taking Bets
Working towards meeting a mid year target to launch Sri Lankas second online lottery, the Aitken Spence endash Getch Corp., partnership will invest Rs. 1.2 bn …
Back in Fashion
When it comes to company law whats good for the Brits doesnt automatically become good enough for Sri Lanka endash unless UK legislators adopt it …
Bending Rules
The government will amend its newly minted labour retrenchment formula to raise the maximum compensation ceiling from 30 to 50 months of salary.rnrnThe new …
Chinese Tiger
A new report from the US International Trade Commission predicts that China will become the supplier of choice for most US importers after quotas end in 2005. …
Netting It All
Top air cargo equipment maker Bridport Aviation, is using its Sri Lankan production base to tie-up new markets in Asia.Bridport already claims a third of the …