Quick Cash
A sophisticated yet low cost real time on-line money transfer facility has been launched by Commercial Bank of Ceylon, enabling Sri Lankan expatriates to make …
Tigers Domain
The LTTE will decide on how it and the territories under its paw would participate in the April 03, 2004 snap polls. The LTTE warned on Monday that it would …
Zoo Politics
rnSri Lanka faces another expensive and possibly violent general election nearly four years before its due date leaving the peace process, donor decisions and …
Dont Worry
The UNF government is upbeat of romping back to power with the promise of peace and economic prosperity, despite being caught behind by the President, a senior …
Central Bank Online
Central Bank went online with scripless security settlement system earlier last week as rate uncertainty kept primary dealers away from the secondary …
Government Power
The government is taking precautionary measures to avert power cuts should the south west monsoon fails to fill the hydro reservoirs.rnThe Energy Supply …
Old is Gold
He expected to face losses during the first year of business but managed to breakeven way before he thought he could. Hes now employing two others in his …
Dissolved
President Chandrika Kumaratunga dissolved parliament late Saturday, calling for a snap poll on April 2, to break the bitter political deadlock.Parliamentary …
Flying Bid
Consultancy firm KPMG Ford Rhodes have been picked as financial advisors to help privatise the Bandaranaike International Airport.The firm will advise the …
Strings Attached
The United States will float its new foreign aid agency - Millennium Challenge Corporation, in May this year, offering conditional aid for 60 of the poorest …
New Floors
Lanka Tiles is trying to break a lquote lowering-revenue-increasing-cost cycle this year by shifting its raw material supply base from West to East and …
Speed Bumps
But the industry is hard pressed to ride the crest, due to high costs to roll out refurbishment and expansion plans, as it is still recovering from a period of …
Break Free
Indian telco giant, Videsh Sanchara Nigam Ltd (VSNL) has started routing traffic to Colombo, becoming the first to effectively compete with Sri Lanka Telecom …
Quick Fix
The Bandaranaike International Airport re-opened on Thursday morning after temporary shutting down for nearly 10-hours, following a Russian cargo plane crash …
Marching Up
Treasury bill yields continued to tick upwards with three-month paper gaining by seven basis points at Tuesdays auction, the Central Bank said Tuesday.The bank …
Quick Fix
Succumbing to heavy lobbying from the leasing industry, the Finance Minister on Tuesday allowed certain bus owners to be exempted from paying 15 percent value …
One Voice
Plans to set up a common financial watchdog to regulate all deposit taking institutions, moved another step with international donors coming forward to fund …
Amber Light
Sri Lankas long-awaited sovereign rating has fallen victim to the ongoing political drama, with authorities opting to put the brakes on the issue once …
Fresh Cuppa
The Tea Association plans to re-haul criteria used to fund new Ceylon tea brands, when it takes over some of the Tea Boards functions this month. buy phenergan …