Forward March
John Keells Holdings is expected to notch a Rs. 1.69 bn net profit for 2004, after undergoing a restructuring exercise to improve its margins. online pharmacy …
Quick Leap
Cellular operator Dialog GSM said Monday it has become the first in Sri Lanka to commercially offer high-speed data service, starting with customers in the …
Moral Support
Finance Minister K N Choksy has pledged his support to the current efforts to restructure Pramuka Bank. The minister sent a handwritten letter to a depositors …
Be Good
Central Bank, Governor A. S. Jayawardena said foreign exchange market should take a longer-term view of the rupee and avoid aberrant behavior. online pharmacy …
Back to the Front
It is past 9 in the evening. Most people would be kicking up their heels in front of the TV after a long days work. online pharmacy strattera no prescription …
Budget Blues
Sri Lanka has 216 state owned enterprises and fiscal transfers to these in 2001 amounted to a whopping US$ 446 million-about 3% of the islands GDP.Transfers to …
Still to Come
World Bank says its poverty reduction funds can still be drawn on schedule if the IMF review is completed soon.The December tranche of the PRGF has been held …
Warm Blessings
The Central Bank has agreed to let the Colombo Stock Exchange link up with its depository system to allow gilt-edge securities to be settled realtime.The …
Sea Legs
The governments deadline to set up a port regulator is due in August 2004, with only a draft bill to govern the industry available so far.The regulator was due …
Public Watchdog
The World Bank says it is critical Sri Lanka enacts the new Public Finance Bill that is in the works, to increase public scrutiny over the state purse.In a …
Hats Off
SL A+ long term rating denotes a low expectation of credit risk. The capacity for timely payment of financial commitments is considered strong. rnrnldblquote …
SBI Credit Cards
State Bank of India plans to aggressively expand local operations.The bank is planning a branch in Kandy as the first step in expansion plans to get a wider …
Valet Service
Janashakthi Insurance is counting on the motor market, the fastest growing insurance sector, to expand its share of the local insurance market.Motor insurance …
Colonial Luxury
The Galle Face Hotel will leap into modernity in grand old style, revamping itself as a luxury lifestyle experience that also comes with a personal butler.Some …
Data Entry
Sri Lanka Telecom (SLT) diversified its business interests further, opening an internet data center (IDC) in Colombo. The SLTiDC will offer a range of data …
Maiden Run
The Central Bank will start issuing its maiden batch government treasuries in scripless form this week, allowing the market to settle their transactions …
Double Booking
SriLankan Airlines will link Hayderabad, the capital of the Southern Indian State of Andhra Pradesh, with Colombo as part of its twin destination holiday …
Ground Work
The consortium led by Asia Capital will start due diligence work on Thursday, to revive the trouble Pramuka Savings & Development Bank.The start date follows …
Within The Ranks
Police inspectors and sub-inspectors are tipped to take home an additional Rs. 900 every month above their salaries, calculated as set out in the 2004 budget. …
Worker Rule
The newly minted labour compensation formula is likely to be amended, after union agitation to leave it flexible for negotiation.Under proposed changes, all …