Hat Collection
The government is looking for donor assistance to give the local asset securitisation market some legal teeth.Securitisation allows firms to borrow against …
ERP Burp
Computers started making an impact on business productivity and speed over two decades ago. Manufacturing companies were some of the first to get software …
Tour de Farce
Even before the dust settles on 2003, the tourism industry is gearing up to break last years arrivals record this year.Sri Lanka Tourist Board officials say …
Fine Incoming
The telecom watchdogs case against Mobitel (Pvt) Ltd is likely to be settled out of court, with the cellular operator suggesting a compensation package, which …
Wired Jackpot
Starting March, the National Lotteries Board will retail Sri Lankas first online lottery ldblquote Rapido dblquote through over 150 agents in the Western …
Funding Skills
Legislation to set up a Human Resource Endowment Fund is in the works, offering needy students stipends on a voucher scheme, for vocational training.rnThe US$ …
Bad Grade
Sri Lanka is set to score very low in a second review of the peace process by the international donor community set for January 23. The first review in …
New Page
The government is looking at amending laws to allow foreign investors into the corporate debt market, without liberalising the capital account.Foreigners are …
Calling Colombo
HSBC Group is pumping US$ 30 mn to set up its seventh group service centre in Sri Lanka, which will generate employment and put the country on the map as a …
Taking Money
Parliament is due to pass a new law in February, to round up all financial institutions currently not governed by the Central Bank. The new system will …
Shop Talk
The cream of Sri Lankas business community on Thursday, failed to come up with a pressure plan to get the warring political parties to see …
Lack of Trust
The securities watchdog on Thursday said it was talking to the Unit Trust industry to generate new ideas on how to grow the sector. Initial recommendations …
Meeting Of Minds
The Commercial Bank of Ceylon and the Ceylon Bank Employees Union (CBEU) recently entered into a Collective Agreement pertaining to salaries and other …
Washing Up
Sri Lankas two giant industrial zones, Moratuwa--Ratmalana and Ja-Elaemdash Ekela, are in urgent need of a clean up endash in Ratmalana the ground water …
Hot Mix
Plantation companies are keen to push through a long over due productivity pegged wage formula when estate worker wages come up for negotiations in June 2004. …
Business Talk
Business leaders from SAARC countries are calling on the governments to initiate regional cooperation to develop eight identified areas in return for greater …
Greenlight
The Colombo Stock Exchanges debt trading system is likely to take off this month, giving smalltime investors closer access to the government debt market.Seylan …
Welikada Exchange
The Welikada prison and its 7,000 inmates will relocate elsewhere to make room for Sri Lanka Telecoms expansion plans into the business of call centre …
Dont Blame Me
Free incoming calls for cellular phones have been shelved indefinitely due to the ongoing political spat, a top government minister said …
Racing Tips
Sri Lanka Telecom is asking the government to sell the balance 49.5 percent it owns in the firm in small parcels through an international listing.Last October, …