Adding Wings
The Civil Aviation Authority says it is processing applications to allow local firms to operate a few international schedule flights from Sri Lanka.The …
Air Support
Private operators who want to build an Airport in Southern Sri Lanka are asking the government to arrange loan facilities to part fund it, Southern Development …
Hambantota Crossroads
Canadian consultants studying the Hambantota Port project have come up with a US$ 1,700 mn three-phased development plan as being feasible.Southern Development …
Debt Call
Pan Asia Bank is coming out with an unlisted Rs. 400 mn debenture, to raise funds to boost its capital. buy advair rotahaler online …
Re-Dialing
Telecom policymakers are re-considering the option to set up national points of interconnection, to fix the current impasse in reaching call termination …
Angry Tones
Local telco operators have teamed up, to oppose a possible merger between Sri Lanka Telecom and Lanka Bell.In a hard-hitting letter, operators endash Celltel, …
Hit Rates
Industry analysts are betting on a competition driven drop in overseas calling rates for the upcoming holiday seasons. Competition in prepaid calling cards …
Cherry Picking
A Compensation Fund for contributors who suffer financial loss resulting from fraud, theft, misappropriation or negligence of monies, will also be set up, from …
Faster Connection
LankaClear, the cheque clearing arm of the Central Bank, plans to set up ten regional centres to speed up payments and settlement systems.Known as lquote …
Private Tutor
State side educationalists could soon receive tuition from private sector firms on what the industry needs from the university system. rnThe project builds on …
Well Cell’85
Celltel, the countrys No 2 mobile operator announced plans to invest US$4 million to increase coverage. This is the companys 4th phase of expansion.buy …
Bull In The Bourse
The Colombo stock market is trading close to historic highs, leaving brokers and analyst guessing as to how long the Bull Run can be sustained. Market watchers …
Chop-A-Tour
Eight companies have shown interest in starting domestic helicopter operations from December, catering to the tourist boom expected during the winter …
System Shutdown – Updated
A court injunction brought on by CINTEC staff, has blocked the wind-up of the former IT regulator.About 18 of its staff members took the regulator and the …
Shoot Out
State officials and peace brokers search for fresh avenues to drive through a lasting peace settlement with the separatist Tamil rebel faction holding on to …
Lacy Trimmings
When the mighty forces join hands, the results are potent. The House of MAS Holdings and The House of Noyon Dentelle de Calais of France have teamed up. The …
Frequent Flyer
SriLankan Airlines will add two more A340s to its fleet to cater to growing passenger numbers in the coming winter season. The fleet expansion will allow …
First Draft
Finance Minister K N Choksy told parliament on Wednesday that the government hopes to spend Rs. 352.7 bn in 2004 for development work.rnrnrnrnrnrnrnNew Page …
Growth Cell
Cellular operator Celltel Lanka, pumped in a further US$ 4 mn to beef up its capacity and extend its reach along the South and Eastern coast.The fourth phase …
Water Test
A forward market interface for the agro sector is part of an initial set of ten pilot projects, picked to kick off the e-Sri Lanka initiative. The pilot …