Call Through
The government has decided to limit the size of Sri Lanka Telecoms initial public offering to 12 percent, despite a 14 percent oversubscription.Issue managers …
Industry
Smooth Ride
Businessmen Rajah Mahendra Nanayakkara and his company Ishara Traders has acquired controlling stake of Lanka Orix Leasing Co. buy antabuse online …
Bigger Steps
The Seylan Merchant Bank (SMB) Group has reported a healthy growth in profits for the nine months ending September 30, 2002, compared to the corresponding …
Cleaning Up
State-run Bank of Ceylon has opted to wind up two of its less profitable overseas branches as part of a strategy to concentrate on core business. online …
Double Digits
The Telecommunications Regulatory Commission (TRC) says it is on track to implementing the Caller Party Pays (CPP) regime in January 2003. The process will …
Close Scrutiny
The Technical Evaluation Committee under the cabinet appointed tender board quote s supervision has begun evaluating final bids for the Sri Lanka Insurance …
Free Flow
But the mobile and fixed line operators say the deadline cannot be implemented since the telecom watchdog has yet to finalise the interconnection …
Wanted – Nurses
Tackling a dearth of skilled nurses and low nursing standards, the healthcare industry is debating ratification of an ILO convention (C149), dedicated to …
Hard Bite
Central Bank has recommended the strengthening of foreclosure laws to fix the bad debt problems in local banks. online pharmacy …
Taxing Banks
The banking sector is planning to pass down a 10 percent Value Added Tax imposed on it from next year. online pharmacy …
Rajas Play
The managers to the Sri Lanka Telecom IPO confirmed that the issue was oversubscribed and that the offer would close at 4.30 on Friday, one day after it …
Three Way Race
The race to grab the lion quote s share of Sri Lanka Insurance Corp. has narrowed down further with just three firms sending their financial and technical …
Destination Sri Lanka
Government is putting together US$ 4 mn to promote Sri Lanka as a tourism destination.A fund of US$ 1 mn to develop professionalism in the tourism industry is …
Counting Votes
Applications counted by 4.30 on the opening day on Thursday, accounted for well over 50 % of the Sri Lanka Telecom Initial Public Offering (IPO), with a number …
Just Short
Sri Lanka Telecom was Rs. 500 million short by mid morning on Friday, while managers to the issue continued to process applications. online pharmacy buy …
Cordial Connections
Consultants contracted to draw up a national interconnection framework will present a draft copy of the policy in the first week in December. In October 2002 …
Eco Drive
The six-month study will draw up an eco-tourism policy document for the country and the outlines for five pilot eco-tourism projects in the Southern region, …
All In One Account
Tapping into a market segment with huge growth potential, Sampath Bank on Monday launched, ldblquote Sampath Profession dblquote , an account targeted at the …
Eye Catching
A grey-haired man walked away with Rs. 100,000, prize money for capturing on camera a Sri Lankan leopard endash a near studio image where the predator is …
Trickling Down
The banking sector is planning to pass on a small percentage of their costs to customers, when the proposed 10 percent VAT comes into effect from January. …