Technical Point
Lawyers for Pramuka depositors argued before the Court of Appeal that the Monetary Board had no authority to liquidate Pramuka Bank.The petitioners argued that …
Last Chance
The government and the World Bank will sit together for a final round of talks soon to finalise a big budgetary finance loan.The third meeting will be the last …
Soothing EGOs
Soothing balm over the telecom industry, the government announced the final tariffs external gateway operators should pay local networks to terminate …
Out Of Order
Lawyers for Pramuka depositors told court Friday that the monetary board had no authority to liquidate Pramuka Bank.Depositors argued that the Monetary Board …
Waiting Game
Commercial Bank of Ceylon has sought regulatory approval to acquire five percent of its shares through an off-the floor transaction.The shares owned by Sri …
Signals Up
The ADB expects Sri Lanka will clock in a 5 percent growth in 2003, building on the back of renewed economic stability and a global recovery in the second half …
Booking Profits
Chairman Lal Nanayakkara says the turnaround has come from higher recoveries in its bad loan portfolio and profits from its investment portfolio.rnrnIn 2001, …
Centennial Wins
Washington based Centennial Group has been handpicked as fund managers for the new Infrastructure and Corporate Restructuring Fund that is to take off by April …
Repositioning Lanka
Sri Lankas top accounting body will discuss ways to reposition the country at its annual conference in May.Under the theme of lquote Repositioning Sri Lanka …
Shelter For Old
Parliament on Wednesday passed amendments to the state pension funds, paving the way for a new contributory style retirement scheme for public sector …
Clean Break
The Sampath Bank led consortia is expected to infuse Rs. 700 mn into the under capitalised Union Bank. online pharmacy buy spiriva inhaler with best prices …
New Brooms
The government plans to shortly amend laws to allow consolidation in the banking sector as well as laws to form a debt recovery agency.The Banking Act is being …
Cup That Cheers
New apex body for the tea industry, the Tea Association of Sri Lanka (TASL) officially got off ground Tuesday, mapping out plans to set the industry standard …
Growing Up
DFCC Bank on Tuesday reported a 36 percent growth in its group net profits to Rs. 826 mn from Rs. 605 mn for the nine months ending Dec. buy estrace online …
Revving Up
A newly set up Indo-Sri Lanka joint venture, plans to lure ladies to hop on and popularise motorbikes in Sri Lanka.United Motors Lanka Ltd (UML) on Tuesday …
Short Crop
A collective decision by private tea factory owners to cut Rs. online pharmacy buy diflucan with best prices today in the USA 2 on the price for green leaf …
War Drums
Local hotel bookings are seeing a definite slow down, as war fears begin to inspire jitters in the more wary European travellers. ldblquote Hotel occupancies …
Sniffing Accounts
The Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB) will kick off on endash site investigations of Pramuka Savings & Development Banks …
Fast Cash
Gold still remains one of the safest investments. But with international gold prices shooting up, it has helped spawn a whole industry based on gold as …
Hiking Through Lanka
A team of adventure tourism experts is in the country to turn the popular sea destination to a hot adventure stop. Adventure Centre Asia officials say that Sri …