Category: Industry
Good Standing
Fitch Ratings Lanka Ltd (FRL) assigns BBB+ (sri) (Triple B plus) national rating for Implied Long-term unsecured Senior Debt of People’s Bank (PB). Fitch Ratings Lanka Ltd (FRL) assigns BBB+ (sri) (Triple B plus) national rating for Implied Long-term unsecured Senior Debt of People’s Bank (PB). BBB+ (sri) long-term rating indicates that there is currently […]
Ctrl+Alt+Delete
The Central Bank has decided to wind up Pramuka Savings & Development Bank’s operations, following a Monetary Board meeting late Tuesday. The Central Bank has decided to wind up Pramuka Savings & Development Bank’s operations, following a Monetary Board meeting late Tuesday. The Bank has opted for it after carefully studying Asia Capital’s restructuring proposal […]
Mr. H
Trade unions in People’s Bank are calling upon members who have been involved in the GoldQuest scheme to come forward and seek their assistance if they are scared to come forward individually.Trade unions in People’s Bank are calling upon members who have been involved in the GoldQuest scheme to come forward and seek their assistance […]
Slow Coach
The term ‘slow coach’ is not a way of poking fun in Sri Lanka – it’s a reality.In some parts of the country the local trains go at five miles per hour.The term ‘slow coach’ is not a way of poking fun in Sri Lanka – it’s a reality. In some parts of the country […]
Speed Dialling
The Telecom Minister says up to 11 operators could be given technology neutral licenses, to clear up a 700,000-customers long waiting list, a bulk of it in rural Sri Lanka.The Telecom Minister says up to 11 operators could be given technology neutral licenses, to clear up a 700,000-customers long waiting list, a bulk of it […]
Gold Dispute
Customers of GoldQuest’s controversial network marketing scheme, who have not received gold coins and those whose cards have been used by third parties without their knowledge, have started get their money back after complaining to the credit card issuer. Customers of GoldQuest’s controversial network marketing scheme, who have not received gold coins and those whose […]
Gold Dispute 2
GoldQuest International Ltd, have responded to our story titled ‘Gold Dispute’ on the August 02. GoldQuest International Ltd, have responded to our story titled ‘Gold Dispute’ on the August 02. A faxed message from GoldQuest said: “Paragraph one states, ‘Customers of GoldQuest’s controversial network marketing scheme, who have not received gold coins and those whose […]
Smoking Guns
The bright red pack of John Player with ‘Gold Leaf’ in gold lettering is a common sight in just about any retail outlet in Sri Lanka.Now John Player is in Courts. The bright red pack of John Player with ‘Gold Leaf’ in gold lettering is a common sight in just about any retail outlet in […]
Losing Gas
Amidst rising global gas prices, a lack of industry standards and a declining local market, auto gas companies question the logic of pumping gas in a stagnant industry.Amidst rising global gas prices, a lack of industry standards and a declining local market, auto gas companies question the logic of pumping gas in a stagnant industry. […]
‘s rolls out an international PR campaign as part of the Tourist Board’s plan to actively market Sri Lanka
Top regional ad agency Batey’s has launched an international PR campaign as part of the Tourist Board’s plan to actively market Sri Lanka. Top regional ad agency Batey’s has launched an international PR campaign as part of the Tourist Board’s plan to actively market Sri Lanka. Batey’s is doing the PR campaign, part of a […]
Top regional ad agency Batey’s rolls out an international PR campaign as part of the Tourist Board’s plan to actively market Sri Lanka
Top regional ad agency Batey’s has launched an international PR campaign as part of the Tourist Board’s plan to actively market Sri Lanka. Top regional ad agency Batey’s has launched an international PR campaign as part of the Tourist Board’s plan to actively market Sri Lanka. Batey’s is doing the PR campaign, part of a […]
End of a Call
Former SLT Chairman said the company was expected to post a Rs.4 billion pre-tax profit this year judging by the performance in the first half.Former SLT Chairman said the company was expected to post a Rs. 4 billion pre-tax profit this year judging by the performance in the first half. He also said SLT will […]