Tough Sell

Sex sells as female sexuality comes out of the closet and Asian women holding the purse buy sexy lingerie and flirt a little more; but advertisers trying to reach her need to try a new position. Sex sells as female sexuality comes out of the closet and Asian women holding the purse buy sexy lingerie […]

Better View

The EU donates satellite pictures of Sri Lanka’s coastline before and after the tsunami, to help reconstruction.The EU donates satellite pictures of Sri Lanka’s coastline before and after the tsunami, to help reconstruction. “As an essential contribution to help post-tsunami reconstruction in Sri Lanka, the European Commission (EC) has delivered to the Sri Lankan authorities, […]

Window Dressing

Financial statements of Sri Lankan firms are sometimes incorrectly presented because local auditors don’t keep up with new developments, the island’s accounting and auditing watchdog said. Financial statements of Sri Lankan firms are sometimes incorrectly presented because local auditors don’t keep up with new developments, the island’s accounting and auditing watchdog said. The watchdog is […]

Punjabi Rock

Sri Lankan artistes with raw talent, a little Punjabi sound fused with Sinhalese and some management help are finding a ready springboard into India’s music world. Sri Lankan artistes with raw talent, a little Punjabi sound fused with Sinhalese and some management help are finding a ready springboard into India’s music world. Overall Market Size […]

Buying Time

Sri Lanka’s Supreme Court Wednesday ordered the suspension of a criminal investigation into the prime minister’s handling of tsunami aid following allegations of corruption. Sri Lanka’s Supreme Court Wednesday ordered the suspension of a criminal investigation into the prime minister’s handling of tsunami aid following allegations of corruption. Chief justice Sarath Silva asked the police […]

Green Power

Renewable energy player Vidulanka Ltd plans to tap the capital markets next year to raise around Rs.265 million to fund upcoming power projects, officials said Wednesday.Renewable energy player Vidulanka Ltd plans to tap the capital markets next year to raise around Rs. 265 million to fund upcoming power projects, officials said Wednesday. The power producer […]

Singer’s private party gets top rating

Singer (Sri Lanka) Ltd walked off with a A+(sri) rating from Fitch Ratings Lanka Limited for its upcoming debenture issue, the rating agency said Tuesday. Singer (Sri Lanka) Ltd walked off with a A+(sri) rating from Fitch Ratings Lanka Limited for its upcoming debenture issue, the rating agency said Tuesday. The rating outlook is stable. […]

‘s private party gets top rating

Singer (Sri Lanka) Ltd walked off with a A+(sri) rating from Fitch Ratings Lanka Limited for its upcoming debenture issue, the rating agency said Tuesday. Singer (Sri Lanka) Ltd walked off with a A+(sri) rating from Fitch Ratings Lanka Limited for its upcoming debenture issue, the rating agency said Tuesday. The rating outlook is stable. […]

Healthy Interest

World Health Organisation (WHO) tells Sri Lankan health authorities to participate in trade talks, for good health.World Health Organisation (WHO) tells Sri Lankan health authorities to participate in trade talks, for good health. “We have advocated that Sri Lanka strengthen legal expertise in the Ministry of Health, to influence future trade negotiations,” said the director […]

Crash Bang

A new capital requirement is shaking up Sri Lanka’s fragmented banking industry, encouraging mergers of small banks and forcing all to make more efficient use of their funds, analysts say. In April, the central bank said all banks must have at least Rs.2.5 billion ( million) in Tier 1 capital by the end of 2007, […]

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