Light Delay
A proposed light rail system for Colombo is going slow as officials now prepare to roll out a pre-feasibility study with Indian assistance. Policy makers are …
Secure Funds
Asian Finance Ltd has raised Rs. 100 mn by securitising its future cash receivables to fund its working capital.buy cymbalta online buy cymbalta online no …
Chinese Whispers
Cathay Pacific will fly daily between Hong Kong and Colombo from March, positioning itself to capture the yet untapped Chinese outbound market endash a key …
Tailspin
Hopes of securing US$ 80 mn from the International Monetary Fund (IMF) next month has been put off, due to the current turn of events in Sri Lanka, a top …
Left Right Left
The new Janatha Vimukthi Peramuna (JVP) Sri Lanka Freedom Party (SLFP) alliance, if voted in, says it would renegotiate the terms of the US$ 4.5 billion in aid …
Troubled Times
As the Marxist JVP and the Sri Lanka Freedom party joined camps today, they unveiled a reform agenda including agriculture and local industry led economic …
Legal Tips
The Employees Trust Fund has sought Auditor Generals advice to dispose part of its loss making equity portfolio.ETF has fully provided for the Rs. buy cenforce …
Fresh Air
Independent research, the leading financial research and investment service provider to global investment banks and fund managers has recruited Ravi …
Road Closed
State owned Road Construction & Development Company (RCDC) has closed up, with all its employees sent on compulsory leave till end January.rnA liquidator has …
Foreign Pressure
The rebel Liberation Tigers of Tamil Eelam (LTTE) told representatives of donor countries and international aid agencies that the tug-of-war between the …
On the Spot
Deregulation of motor insurance premiums has fuelled innovation and profits. rnUntil recently motor insurance was unprofitable due to regulation of premiums by …
Freedom Flights
A new aviation policy plans to open skies to fifth Freedom Traffic to make the country an aviation hub.The policy will be effective from 2005 when 3rd and 4th …
Mute Market
Secondary market trading in government securities has tapered off to a fraction of last years levels with political uncertainty putting bond dealers on the …
Back to Base
The National Security Council has grounded all helicopter and floatplane operations that were given the recent go-ahead, until further notice.ldblquote The …
Any Takers?
Saddled with debts of over Rs. 11 bn, the CEB is coming to the market again to securitise its future cash flows by borrowing over a billion rupees. online …
Winning Runs
Continuing a robust recovery, Sri Lankas export earnings clocked in a double-digit growth for the first eleven months of this year, which saw the trade deficit …
One Way Ticket
The Tourist Board rolled out a recently re-costed retirement scheme, capped at Rs. 750,000 to make it more attractive to employees. online pharmacy finasteride …
Band Aid
The Central Bank is expected to meet the consortium of investors keen on reviving Pramuka Bank for another round of talks early next week.With the suspension …
Feeling Lucky
The Development Lotteries Board (DLB) is playing a new lottery ticket to reach a Rs. 1 billion bottom line target by end 2004, after posting a profit of about …
Alternate Line
The Development Lotteries (DBL) Board is studying alternate methods to retail lottery tickets online before diving into the computer driven jackpot business. …