Coastal Trip
The Asian Development Bank has come forward with a US$ 20 mn loan to uplift the living standards of people in the Eastern Province.The loan, for the North East …
Private Garage
State owned Lakdiva Engineering Ltd. endash repair and re-conditioning arm for state buses, is to be put up for private investment, as part of the re-haul of …
Missing Links
Sri Lanka needs an estimated US$ 150 mn over the next four years to re-haul a dilapidated bridge network, many over 50 to 100 years old.rnrnThe Road …
Tele Bond
Sri Lanka Telecom hopes to tap the overseas market to raise up to US$ 100 mn via bonds for its expansion plans next year.The issue, which is likely to come out …
Population Pills
Sales of the morning-after pill are soaring at 30,000 packs a month, as lquote Postinor takes over from males reluctant to snap on that condom.rnOnly 3.3 …
Short Break
Resort and spa operator Banyan Tree says it is temporarily putting on hold its investment plans for Sri Lanka because of the countrys political crisisIt had …
Switching Networks
Sri Lanka Telecom is expected to come out with a price tag for Lanka Bell next week, after concluding a due diligence on the small fixed access operator.The …
New Cap
Prof. Priyantha Wijayatunga will takeover as the Director General of the newly minted Public Utilities Commission from Dec. online pharmacy buy ciprodex with …
Mock Runs
The Central Bank plans to start mock runs for scripless trading on government securities next week after parliament approved the legislative amendments.Deputy …
Its A Wrap
Upcoming debt market specialist, National Wealth Corp. wrapped up a complex debt-restructuring deal for the governments supermarket chain.rnrnrnrnrnrnNew Page …
Glorious Colombo
Prime Colombo land including the Colombo port should be available for private sector developers according to a Colombo City Master Plan to be unveiled soon. …
The Point Is’85
Consolidation in the financial sector over the last few years has resulted in small banks that were struggling for survival being taken over by the larger …
Natures Reward
The Association of Chartered Certified Accountants of the UK introduced their environment and social sustainability reporting awards to the country …
New Case
The Telecommunications Regulatory Commission (TRC) has filed a fresh petition against Mobitel (Pvt) Ltd in Fort Magistrates Court on Friday, with summons …
Lazy Stroll
lquote Nature tourism is still slim business. An expensive niche; But a steadily growing market for eco-tourism are where top hotel chains and other blue-chip …
Four Stars
A four-member team from Sri Lanka Insurance Corp.s technical partner ING, started work this week to give the former state insurance giant a facelift.The team …
The Battle Begins
In the lquote good old days - a by gone era, where kids played with simple toys like paper guns and ran riot in the house chasing a sibling or friend and …
Another First — Updated
The telecom watchdog on Tuesday came out of cold storage to flex its legal muscle and file charges against Mobitel (Pvt) Ltd for defying regulators orders.This …
Red Alert
Ahead of World AIDS day on December 1st, the good news is Sri Lankas low AIDS numbers, but the bad news is the countrys high vulnerability to the disease. To …
Growing Up
The Seylan Merchant Bank (SMB) Group has reported a three fold growth in pre-tax profits for the third quarter ending Sept. 2003.Consolidated pre-tax profit at …