In Union
The National Savings bank will meet treasury officials soon about making an equity injection to the under capitalised Union Bank.NSB together with Sampath Bank …
Signed & Sealed
The government officially signed off its investments in the insurance business by disposing 90 percent of Sri Lanka Insurance Corp. to the consortium led by …
Clean Book
Commercial Bank on Friday secured an issue rating from Fitch Ratings Lanka (FRL) for its upcoming debenture and preference share issue.The banks Rs. 3 bn …
Safe Hands
The Mahapola Trust Fund has floated a fully owned subsidiary to manage its fee and fund based activities.The new firm, National Wealth Corp. (NWC), will invest …
Ele House Brew
Brewing through the synergies of John Keells and Elephant House is a ready to drink tea product that could hit the local market in end 2003. Tested and …
Hunt For Rupees
Commercial Bank said Thursday it was raising a billion rupees through a five-year preference share issue to strengthen its shareholder funds.The bank said 50 …
Swan City
Nivasiepura, one of the large suburban housing developments in the country, has announced the launch of a new two-storey semi-luxury model to its range in a …
Boiling Cup
The banking sector is willing to prop up the tea industry by lending up to Rs. online pharmacy buy spiriva inhaler with best prices today in the USA buy …
Getting Bigger
The century old local operation of HSBC, has stepped up its distribution channels to tap medium size firms and consumer banking operations.As competition heats …
Free For Air
Questions are being raised over a 20 Mhz of frequency allocation in the 1800 Mhz spectrum range to Electroteks Private Limited for free. Reliable sources close …
Sweet Teas
Buyers set aside developments in the Middle East to step up buying at Tuesdays low grown tea auctions, pushing up prices in the process.buy azithromycin online …
Clean Slate
Hatton National Bank has become stricter in classifying its non endash performing loans, adding Rs 9 bn to the category.rnrnrnrnrnrnNew Page …
Knock Knock
National Savings Bank is asking for a foreign currency banking licence (FCBU) to tap migrant workers and expatriate Sri Lankans.rnrnrnrnrnrnNew Page …
New Year Tidings
The Swedish government on Monday agreed to lend Rs. 3.083 bn towards economic and social development projects.buy xifaxan online buy xifaxan online no …
Blanket Cover
A recently completed draft policy for the port and shipping sector is proposing to link all agencies working to serve the industry into one umbrella …
Canal Express
Colombos waterways could soon be a hive of activity with a Canadian firm studying its potential as an alternative to road transport. The Canadian firm recently …
Safety First
Companies that are looking closely at employee welfare are also keen to provide a safe working environment.Organisers of the National Safety Awards say …
Property Boom
Prime government land could soon be released for development to the private sector under a new plan to put them to more productive use. The government, which …
Airwaves On Sale
The government is planning to make the process of radio spectrum allocation to telecom firms more transparent in future. With the fast growth in wireless …
Expensive Business
Sri Lanka has always been a hot spot for beach lovers. But the trend is changing. Niche tourism markets are starting to make a mark with first signs of the …