Category: Special Reports

It is beginning to look a lot like Christmas; certainly’85 for traders down Main Street. Traders of Main Street in Colombo Fort have decided to keep shops open till midnight and have lighted up the street to draw more Christmas shoppers in an effort to fight against the plush shopping malls and the satellite shopping […]

Brace yourself for some absurd bit of news ’85The Municipal Council is sitting on the idea of charging tax each time you visit the loos! The CMC says it flushes down Rs. 250 mn annually to maintain the system.Colombo city is trying to clean up its act for the umpteenth time endash this time through […]

Consolidation in the financial sector over the last few years has resulted in small banks that were struggling for survival being taken over by the larger players. Banking sector analysts say the trend will continue leaving half a dozen banks dominating the financial landscape.rn rnBut it is not just the banking operations that are seeing […]

Consolidation in the financial sector over the last few years has resulted in small banks that were struggling for survival being taken over by the larger players. Banking sector analysts say the trend will continue leaving half a dozen banks dominating the financial landscape.rn rnBut it is not just the banking operations that are seeing […]

lquote Nature tourism is still slim business. An expensive niche; But a steadily growing market for eco-tourism are where top hotel chains and other blue-chip conglomerates are fast putting their dollars.An ancient drum roll away from King Kashyapas Sigiriya is a 24-acre stretch of abandoned rice paddies. Nestled into the land and overlooking a vast […]

Analysts say the UNF government offered sweeteners to state employees and pensioners while also announcing a string of taxes most of which will be paid by the corporate sector to gain room to maneuver as a string of provincial councils come up for election next year.The governments New Year resolution could be to win all […]

The IT industry is slowly recovering. And so is demand for IT pros. But the job market for IT professionals has also gone through some rapid changes with private universities churning out hundreds of graduates. A shortage of skilled professionals is no longer a problem for the industry, which has now become very picky, on […]

Sri Lankas 2004 budget is again breaking the lquote golden rule of budgeting, but its ambitious deficit target of 6.8 percent is more in line with the countrys sustainable deficit level.rnrnrnrnrnrnNew Page 1rnrnrnrnrn Therngolden rule of budgeting is actually simple common sense.rn Itrnsays that the governments revenue (taxes and so on) should cover itsrnday-to-day expenses. […]

A Collection of Articles related to the 2004 Budget published on LBO rnrn  rn  rn rnChoksys Sweeteners rnrn rn17 November 2003 rnrn rnrnThe UNF government, which has been progressively clubbing the opposite camp with rnthe peace process, is getting ready to open a second front with the rnbudget…….. rn

Sri Lankas largest family owned private hospital partially opens its doors for private investors next month. What started off as a remedy for family and friends 18 years ago, Nawaloka Hospitals has since cured thousands of patients. But the hospital could been have been still born if the head of the Dharmadasa family was not […]

The apparel industry is pushing to establish a local certificate that will guarantee buyers of compliance and cutting the cost for small timers. While big apparel exporters have a steady source of orders the small and medium scale factories are struggling to get noticed by the big buyers.rn rnThe industry umbrella organization JAAF is pushing […]

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