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Confused Signals
Top trade chambers say Tuesdays meeting with the PA-JVP alliance has failed to shed any light on how they plan to manage the economy.The newly formed JVP-PA …
Righteous Vote
The monks will be pitted against minority Tamils, who are mainly Hindus and also want to hold the balance of power after the April 2 election called by …
Small Change
The state is looking at absorbing up to about 25 percent or as much as half the cost of laying rain guards for rubber trees on smallholder estates this year. …
No Brakes
The rupee slipped up against the US dollar to end at 99.15, despite a state bank selling some dollars to shore up the currency.The rupee opened at 99.25, …
Money Matters
Three-month treasury yields continued to surge upwards as the market becomes uneasy over the upcoming April polls.The Central Bank offered and accepted Rs. …
Grand Slam
Sri Lankas Prime Minister has accused the countrys president of jeopardising a ceasefire with Tamil rebels and scuttling economic recovery in his first public …
Get Going
The four co-chairs of peace have expressed disappointment over the current political situation and repeated their call on the Sri Lankan government to resume …
Saffron Power
Nationalist party, Sihala Urumaya said Tuesday that it was exclusively fielding Buddhist monks to contest the 225 seats up for grabs at snap parliamentary …
Alliance Calling
Wooing support for its ticket to govern the country, the newly formed SLFP-JVP alliance flirted with the Colombo based business and international community on …
Going Offline
Stepping up its presence from a standalone internet service provider, Eureka on Tuesday said it has repositioned its business to become an IT solutions …
Small Change
The state is looking at absorbing up to about 25 percent or as much as half the cost of laying rain guards for rubber trees on smallholder estates this …
Think Differently
The Premier told a top gathering of planters on Tuesday that the time had come to take over as managers of a value added industry, or lose out to more …
Different Lines
The telecom watchdog is looking at giving payphone operator Tritel, a facilities based licence to allow it to penetrate deeper into the rural areas. Tritel has …
Quick Dip
Conglomerate Hemas Holdings delved deeper into the tourism sector on Monday to pick up a 47 percent slice in Associated Hotels, the owning company of Lihiniya …
Moral Support
A state bank crept into the foreign exchange markets on Tuesday morning to shore the rupee up, to prevent it from touching the psychological 100.00 rupee …
Dusting Cobwebs
The Merchant Bank of Sri Lanka (MBSL) is exploring ways to wipe off its accumulated losses through a balance sheet clean up process.The bank is contemplating …
Flat Out
Treasury bond yields for two-year papers remained flat, despite Mondays auction being oversubscribed, the Central Bank said.The bank offered Rs. 1 bn, but …
Chicken Safe
Lunchtime at KFC outlets is not as rushed as it used to be a few weeks ago these days. People are staying away from poultry based products due to the bird flu …
Project lquote Put Off
The Colombo Commercial Company property facing the Beira Lake is owned by the UDA.A part of the property has been given on a 50-year lease to the Commercial …