Loosening Up
Recently, several commercial banks have pointed out the severe restrictions imposed by the forex holding limit, impedes the growth of a local derivatives and …
Industry
Sticking To It
Cellular operators stuck to their guns to go ahead with a tariff increase, despite the telecom watchdog hotly denying the revision got its approval. rnMass …
Fast Track
SLT has tied up with Alcatel to upgrade its network with ADSL or Asymmetric Digital Subscriber Line technology, amid mounting demand for speedy data and …
Ripping Spree
An lquote anti-piracy strategy quote is on the cards as a counter offensive to pirating, promoting fair market access and adequate copyright laws.buy strattera …
Limping Back
Capitalising on the recent peace dividends, SriLankan Airlines is looking at the possibility of recommencing domestic air services to the North. rnThe airline …
Sea Battle Continues
In early March the WRS was completely scrapped by the London Lloyds quote War Risk Rating Committee, following heavy diplomatic lobbying and an independent …
Six Stars
The recent hike, effective from April 1 has put hotels into a separate category, at a rate of up to Rs. 10.90 per unit of electricity. rnrnThis is over and …
Learning On Screen
Widening the local education base, international governing body Edexcel is moving beyond the London O Level and A Level to make inroads into vocational …
New Look NDB
NDB is also planning to diversify its leasing business to under-banked Maldives with the expectation of boosting its forex earnings. rnrnldblquote We will be …
Dressing Up
A steering committee set up under the aegis of the Finance Ministry is also scouting for restructuring expertise to help guide the process. rnldblquote The …
P2P
Peer Review is a popular practice in developed markets, where the auditing industry ensures that best practice is maintained by subjecting the audits carried …
Top Gear
The 100 percent Capital Allowance for a company quote s IT investments and Capital Allowance to buy up existing commercial property, are identified as key …
Forging Ahead
The firm also opened a Colombo office today, as part of its efforts to strengthen its presence in Sri Lanka. rnrnThe Networking Academies will proliferate …
NU No More
Neville Ubeysinghe Jayawardene quote s contribution to the banking industry and his various enterprises was a hallmark in the local business community. He …
Waging Another Battle
Finance Minister K N Choksy plans to enact fresh legislations to lure tax evaders. The law, he said, will not place a premium on tax evasion nor is it a form …
Ticked Off — Budget Update 4
The budget proposals today scrapped the 20 percent surcharge levied on corporate taxation and raised the tax exempt personal income to Rs. 240,000 per annum …
Thinks Of Us
Forex licences are currently limited to licensed commercial banks and money brokers. rnrnFinancial Institutes like DFI quote s are currently barred from …
MICE Hunt
Driven by the belief that Sri Lanka can offer more than just leisure tourism, hard driven efforts are underway to harness the business community in attracting …
Thinks Of Us
Forex licences are currently limited to licensed commercial banks and money brokers. rnrnFinancial Institutes like DFI quote s are currently barred from …
Debt Bank
A senior government official warned that the economy is in a silent crisis, which is evident in the balance sheets of the banks.rnArjuna Mahendran, BOI …