Port Call
Two of the largest port operators in the region are keen to invest in the Jaya Container Terminal (JCT) operated by the Ports Authority. Hutchison Port …
Industry
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I Will Tell
Distressed depositors of the failed Pramuka Savings & Development Bank say that they are complaining to Courts that the Central Bank is not properly carrying …
Share Swap
Sri Lanka Telecom has traded in its Rs. 138 million interest free loan given to Mobitel, for an equity stake in the cellular operation. online pharmacy buy …
Banyan Roots
Returning to where it was all supposed to begin over 10 years ago. Sri Lanka the prime destination for a concept that is intricately woven into the splendours …
Work Out
A new army is being raised to fight a war off the battle field. Soldiers on hire, ready to fight for any side. online pharmacy buy albuterol with best prices …
Building Bubble
An ambitious feasibility study covering 13 key projects in the South has just been completed, with consultant Programme Development International keen on vying …
PERC Help
Peoples Bank plans to sell off its merchant banking unit through the governments privatisation arm endash the Public Enterprise Reform Commission.Chairman Lal …
Travel Claim
A top travel agent has claimed Rs 90 mn from Pramuka Bank for damages suffered as a result of the banks closure last year.Superlink Chief Ranjith Silva says he …
Show & Tell
In a bid to lower lending rates further, the government is asking banks to publish a breakdown of their loan volumes by interest rates.ldblquote Commercial …
House Hunt
Nivasie Developers on Wednesday released plans to build 95 upper end homes in its Ja Ela site under phase two of its Nivasiepura housing project. Following the …
Lease of Life
Kandy Hotels Company is finalising its lease agreement with leisure magnate Adrian Zechas Aman Resorts, to take over management of its Queens and Suisse …
Sweet Music
Telecom operator Suntel has posted a 451 percent growth in net profits for the first six months of this year, largely aided by a gradual drop in interest …
Auditing Auditors
A top-level committee to evaluate the role of auditors has suggested that accounting firms not take up any non-audit services and also opt for compulsory …
Spruced Up
Hoteliers in once conflict areas of the north and east can apply for low cost funding of up to Rs. 50 mn to refurbish properties damaged at the height of war. …
Laying Bricks
State housing finance giant HDFC plans to start offering pawning services to allow customers to take out housing loans.Loans linked to its pawning schemes will …
Safe Bet
Mercantile Leasing Ltd has raised Rs. 102.2 mn from the market by securitising its future cash flows.The four-year paper was priced at two percent above the …
Buzzing Out
Dialog GSM will double its network capacity in the Western Province by the year end when its 1800 GHz network is fully deployed. The network being installed at …
Not Genuine
Pramuka Depositors have protested to the Monetary Board that no genuine effort is being made to restructure the failed bank and demanded that immediate …
Fired Up
The Samurdhi movement came under fire for being over politicised and for its mediocre track record by a committee set up to review public institutions.But …
Courtship Warms Up
Conglomerate John Keells is talking to potential partners to join their bid for an equity stake and management of Peoples Bank.John Keells Holdings Chairman …