Four Musketeers
A deal finalised on Wednesday will transfer Rohan Pereras 54 percent holding in Pramuka Merchant to a four-man consortium.The paperwork is being processed, say …
Industry
Timber Scams
Local regulators are taking a hard look at a rise timber investment companies to prevent the public from depositing funds in unlicenced institutions.The move …
Rich Dividends
The NAMAL Income Fund (NIF) has declared its second dividend of Rs. 0.75 per unit for the six months ending Dec. online pharmacy buy abilify with best prices …
Gambling Ethics
Sri Lankas only two lottery firms are sprucing up their act as the private sector readies to take up the gamble. On Tuesday the National Lotteries Board (NLB), …
Adieu Oberoi
The days of Lanka Oberoi have ended with a payment of US$ 1.5 million by owning company, Asian Hotels to the international hotel chain. online pharmacy buy …
Beware!!
The Central Bank on Tuesday announced a list of firms that were mobilizing public funds without Monetary Boards consent.Naming these institutions is part of …
Road Test
Up to five firms are asking for a third generation (3G) mobile testing licence, the response to the Telecommunication Regulatory Commissions (TRC) call that …
Other Options
State run Peoples Bank is looking at alternative options if its proposed capital raising exercise fails to attract the necessary funds.The bank needs Rs. 13.5 …
Hands Off
The government is building barriers between politicians and state banks to prevent directed lending that eventually goes bad, a top official said.ldblquote …
Rights Of Way
Government is talking to Sri Lanka Telecom (SLT) to open up its now exclusive access to submarine cables.Dominant carrier SLT has exclusive access to existing …
Legal Blitz
Pramuka Banks Directors on Friday filed a writ application at the Appeals Court to overturn Monetary Boards decision to liquidate the bank.The move comes as …
EGO Problems
Telecom operators have ganged up to lobby against the draft External Gateway Operators (EGO) licence published for public comment earlier this week. Senior …
Rupee Hunt
Commercial Bank on Friday said it is raising Rs. 4 bn to meet general business expansion and redeem its Rs. online pharmacy buy amitriptyline with best prices …
Buying Time
Distressed depositors of Pramuka Bank on Thursday secured a stay order to stop Central Bank from liquidating the failed savings and development bank.Thursdays …
Helping Hand
State run Peoples Bank plans to use its extensive pawning network as broader base to popularise micro finance activities throughout the country.With technical …
Great Expectations
Dubai based Emirates Airlines on Thursday unveiled massive new expansion plans to add new aircrafts and extra routes.This year it will add a record 11 new …
Grama Seva
Regional telecom firms could come into play under a state proposal to propagate communication facilities in rural villages. The regional licences will give …
Members Only
New subjects are making their way into CIMA Sri Lankas curriculum, including fashion tips, social dancing and opportunities for networking. All the new …
Baton Change
Pramuka Banks key shareholders on Monday evening gave the Janashakthi Group the mandate to look at the possibility of resurrecting the troubled development and …
Hello
The final draft licence for External Gateway Operators (EGO) is due Tuesday, the license fee remains unchanged at US$ 50,000.Operators will also pay 0.3 per …