Another Trophy
HSBC added another trophy to its acquisition collection by taking over the sole agent for Diners Club credit cards in Sri Lanka and the Maldives.Diners Club is …
Industry
On Top Gear
Villa Ocean View, a member of the Ceyko Group, has completed a Rs. 100 mn refurbishment programme in time to ride the wave of resurgence in tourism.buy elavil …
Holy Union
Union Bank hopes to issue preference shares to a consortium of new investors, as part of its efforts to re-capitalise.The consortium led by Sampath Bank plans …
Crisscrossing Lanka
A network of highways is on the cards connecting Jaffna, Anuradhapura and Matara and with the commercial capital Colombo.The contract signing for the first of …
What of IT?
Millennium Information Technologys client list was propped up with two new big accounts in 2002, but two other clients going bust contributed to a Rs. 605.31 …
Cruising South
The first phase of the Colombo-Matara Highway kicked off today with the contract handed over to Japanese based construction company, Kumagai-Gumi.The first …
Bailout Plan
Vanik Inc., which has delayed payment on its listed debentures, says it is hoping to pay interest as soon as some planned debt collections come in. online …
The Next G
Six licences to test and develop 3G cellular services are on offer, valid for one year for strictly non-commercial trial purposes. The Telecommunications …
Gambling Ethics
The National Lotteries Board, in its 40th year hopes to promote responsible spending and restrictions selling and employing children under 16. On Tuesday the …
Traffic Patrol
Consultants appointed to study Sri Lankas frequency spectrum commenced work in December 2002 and are expected to submit the final report before May 2003. D.J …
Cashing In
Coming through a battering last year, all signs are that tourists are flocking back with arrivals shooting up a massive 86 percent in the third quarter 2002, …
Next Halt
The last day to submit expressions of interest for the 39 percent stake in the remaining seven bus companies have been put off till January 10, 2003. The …
Kandy Link
Bids to construct the Colombo Kandy expressway closed Monday, with thirteen parties expressing interest for the project.Early December, the Board of Investment …
Booking Profits
Hatton National Bank on Monday sold part of its controversial stake in Sampath Bank through a private transfer on the Colombo Stock Exchange.The 19 percent …
Desperate Plea
Pramuka Banks depositors association on Monday appealed to President Chandrika Kumaratunga to intervene and re-open the failed bank.Members walked up to the …
Low Cost Loans
Government has put up Rs. 3 billion to provide low cost housing loans in a bid to raise the levels of house ownership in the country.Specialized housing banks …
SET marries BoC ATMs
Sampath and Bank of Ceylon signed a memorandum of understanding to link their automatic teller machines locallyThe deal will create a combined network of more …
Little Solace
Depositors of the collapsed Pramuka Savings & Development Bank are likely to get a third of their money back once the liquidation process starts to roll …
Who Pays?
Fixed phone subscribers could pay between Rs. 2.63 to Rs. 6.12 more if all incoming calls to mobile phones are made free from Jan. buy zenegra online zenegra …
Tour De Farce
The future of the tourism industry hangs loose as travel associations squabble over as to that should represent the industry.Some in the trade have already …