Category:
Seylan Bank Asset Management sells government bonds online
Seylan Bank Asset Management Ltd.launched a web site becoming the first primary dealer to sell government securities online, last week. Seylan Bank Asset Management Ltd. launched a web site becoming the first primary dealer to sell government securities online, last week. Speaking at the launch Ceylinco Chairman Lalith Kotelawala requested the Central Bank for more […]
Freak Accident
An Indonesian woman passenger was killed and six injured Sunday in a freak accident while disembarking from an SriLankan airlines aircraft at the island’s only international airport, a spokesman said.An Indonesian woman passenger was killed and six injured Sunday in a freak accident while disembarking from an SriLankan airlines aircraft at the island’s only international […]
Good Boy
The Asian share of the global environmental services is still small but its growth rate is picking up The Asian share of the global environmental services is still small but its growth rate is picking up Meanwhile rising oil prices is also creating a demand for energy efficient technologies. But this will not happen if […]
Treasury Secretary optimistic of 6% GDP this year
Treasury Secretary says GDP growth will surpass six percent this year but independent economists give sharply lower forecasts.Treasury Secretary says GDP growth will surpass six percent this year but independent economists give sharply lower forecasts. Dr P. B. Jayasundera says higher tourism earnings and a better performance from agriculture will help the economy post high […]
Bills Online
Ceylinco Group Chairman Lalith Kotelawala on Friday appealed to the Central Bank to loosen its grip on the banking sectors’ expansion plans.Ceylinco Group Chairman Lalith Kotelawala on Friday appealed to the Central Bank to loosen its grip on the banking sectors’ expansion plans. Kotelawala said the requirement for Central Bank approval for every new branch […]
Sniper Fire
Commercial Bank of Ceylon Ltd.’s Chairman has sought regulators blessings to ask DFCC Bank reduce its stakes in the former to be within limits allowed under the present Banking Act.Commercial Bank of Ceylon Ltd.’s Chairman has sought regulators blessings to ask DFCC Bank reduce its stakes in the former to be within limits allowed under […]
Right On
Merchant Bank of Sri Lanka posted a 74 percent rise in its net profits at Rs 136.4 million for the first nine months of 2005.Merchant Bank of Sri Lanka posted a 74 percent rise in its net profits at Rs 136.4 million for the first nine months of 2005. Close to half the nine months […]
Ceylon Index
A new index fund hopes to capture the gains of Asia’s best performing bourse, with a top ten stock index that accounts for over half of market capitalisation in the local exchange.A new index fund hopes to capture the gains of Asia’s best performing bourse, with a top ten stock index that accounts for over […]
Vanishing Lines
Ending nine months of intense debate, Sri Lanka has relaxed construction limits along the island’s tsunami ravaged coastline with immediate effect, the government said Friday.Ending nine months of intense debate, Sri Lanka has relaxed construction limits along the island’s tsunami ravaged coastline with immediate effect, the government said Friday. The 100-200 meter buffer zone has […]
Groovy Tunes
Sri Lanka Telecom plans to roll out its fixed-line CDMA network by the end of the month and test delivery of services such as on-demand video on its copper-line network this year, a company official said Friday.Sri Lanka Telecom plans to roll out its fixed-line CDMA network by the end of the month and test […]
Five proposals for one bride
Five banks respond to Sri Lanka’s call to raise funds from migrant workers via an international bond, despite doubts about the timing and the structure of the issue.Five banks respond to Sri Lanka’s call to raise funds from migrant workers via an international bond, despite doubts about the timing and the structure of the issue. […]
Sailing South
The government this week signed over a US$ 87 million tender to a Chinese firm to build the proposed Hambantota tank farm and bunkering facility. The government this week signed over a US$ 87 million tender to a Chinese firm to build the proposed Hambantota tank farm and bunkering facility. Project officials at the Shipping […]