Safety Valve
Hoarders who played hide and seek with revenue officials have been coming clean in droves in response to the governments tax amnesty, Finance Minister K N …
Industry
Slight Dip
Sri Lanka Telecom on Thursday reported lower profits for the first quarter ending March 31, a sign that the opening of the international voice market has …
Under The Banyan
The Deer Park Hotel will only be the first of a number of Banyan Tree Group getaways in Sri Lanka.Nihal Jinasena, Chairman of the Jinasena Group told LBO that …
MICE Lounge
Meetings and conference travelers are thronging to Sri Lanka, overshooting expected targets to 18 percent of all tourist arrivals in 2003.ldblquote Already at …
Early Release
State run Bank of Ceylon has announced an across the board, early retirement scheme for its 9,000 odd staff.The announcement was made in response to requests …
Call Me
Keen to grow its rural customer base, Hutchison Telecom is offering free incoming calls for a minimum monthly bill of Rs. 499.00.The minimum charge including …
Money Spinner
Guardian Investment will raise Rs. 130 million through a 1:5 rights issue to fund its portfolio expansion. online pharmacy buy diflucan with best prices today …
Gateway To Success
Experts say the country will have to diversify its export base in the face of stiff price competition from other large exporters like China. Some companies …
Click Online
Key stakeholders in the private sector, government and the donor community are getting together to set up a Development Portal, aligned with a larger World …
Search Party
A team from Sri Lanka Insurance Corp.s technical partner ING Financial Institution, has started an eight-week task to look at the insurance firms key …
New Leaf
Sri Lanka Export Credit Insurance Corp (SLECIC) is tinkering with its Act to allow it to raise public funds and offer refinance facilities.Cabinet has already …
Xpress Delivery
Asymmetric Digital Subscriber Line (ADSL) described as an "always on" board band connection, offers subscribers continued high speed internet connectivity at …
Try Again Later
The international call access code auction has run aground with regulators now eying a late June date for the event. Industry officials say despite a working …
Helicopter Ride
Lankas top accounting body is giving its membership tips on how to add value to its products and services at its annual forum next week.The Chartered Institute …
Forging Ties
Janashakthi Insurance has sought regulatory approval to complete its merger with National Insurance Corp.Once the Insurance Board of Sri Lanka approves the …
Question Mark
The Carsons and JKH Groups recent acquisition of Aitken Spence shares in Union Assurance Ltd has got the securities watchdogs attention.The Securities & …
Coin Jam
Money clogged up due to coin jams in Tritel payphones will go to charity in the provinces they come from, the Maharagama Cancer Hospital the first to benefit. …
Rural Rumble
A team of consultants has recommended tough reforms, a more focused regulatory regime and the winding up of co-operative banks with a negative net worth to …
Clean Break
Conglomerate Aitken Spence Ltd on Tuesday disposed its equity stake in Union Assurance Ltd.The sale comes after Aitken Spence bought into Sri Lanka Insurance …
Buying Online
External Gateway Operators (EGO) registered by Tuesday (May13) will qualify to bid at the first online short code auction scheduled for May 21 or 22.E-W …