Getting Creative
Sri Lanka’s micro finance institutions are looking at securitising their lending portfolio as low cost credit lines are drying up. online pharmacy buy …
Industry
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Troubleshooter
Government and trade union talks on Ceylon Electricity Board (CEB) restructuring collapses and trade unions call for mediation by the Prime Minister again. …
Power Surge
Fixed electricity prices could double after a Cabinet green light expected on Wednesday, to tide the thermal dependant Electricity Board through surging crude …
Comfy Zone
Sri Lanka's central bank may have little choice but to do nothing on monetary policy in the next few months even as the economy, still reeling from last year's …
Touching Lives
Sri Lanka's Hatton National Bank (HNB) plans to securitise part of its micro finance portfolio to expand its low cost credit schemes. Sri Lanka's Hatton …
Power Struggle
Ceylon Electricity Board trade unions were to meet late Monday for crucial talks on restructuring the state owned power utility ahead of a donor deadline on …
Sri Lanka’s tourism arrival numbers are up, but beach front properties remain virtually empty
Despite claims that tourist revivals are up 8 percent by May, many of Sri Lanka's resorts on the southern coast remain almost empty since the tsunami. online …
Who’s The Fool?
Tax changes proposed by the last budget got the legislative stamp recently but experts speaking at a forum said the tax system is now even more complicated. …
Subsidised loans
Sri Lanka's labour ministry says the government is introducing a loan scheme to give subsidised housing loans, to beneficiaries of a state managed retirement …
Missing Money
The Inland Revenue says it is due around Rs 24 billion as back taxes from indirect taxes like GST, VAT, Turnover Tax and the National Security Levy (NSL). …
Angry Tones
Dozens of Buddhist monks and their followers blocked a main highway to President Chandrika Kumaratunga's home Friday demanding she withdraw plans to enter into …
Better Dialogue
Sri Lanka's largest cellular operator Dialog Telekom, has lined up international roadshows in Asia, Middle East and Europe next week to drum up support for its …
Full Board
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Extended Credit
Sri Lanka's DFCC Bank is in line to pick up over US$ 250 million worth of concessionary funding lines this year, as it looks for ways to expand its loan book, …
More Headaches
Mental illnesses like depression and anxiety, is expected to increase by five to ten percent in Sri Lanka due to tsunami trauma, says World Health …
Whistle Blower
The Customs Intelligence Unit is stepping up its surveillance to apprehend individuals and consortiums smuggling goods in and out of the island. buy albenza …
Stepping Stones
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Free Roaming
Global wireless voice and broadband data products design and development firm Axesstel, Inc on Tuesday said it will supply fixed wireless phone units for …
Clean Drink
Sri Lanka signed up for a US$ 14.8 million loan from Korea to supply water to over 160,000 residents living in the southern coastal town of Galle. online …
Travel Expenses
Bus strike called off as government agrees to a 15 percent bus fare increase, from Friday, June 10. Bus strike called off as government agrees to a 15 percent …