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Virus Travels
Health experts call for vigilance against re-emergence of polio in Sri Lanka, in the face of increasing regional tourism traffic.Health experts call for vigilance against re-emergence of polio in Sri Lanka, in the face of increasing regional tourism traffic. The World Health Organisation (WHO) said on Thursday, that Sri Lanka should be vigilant against an […]
Sri Lanka PM agrees to scrap plans to share power with Tigers
Sri Lankan Prime Minister Mahinda Rajapakse Thursday signed a deal with the main Marxist party under which he agreed to drop plans to share power with Tiger rebels, but said he hoped the move would not lead to a resumption of war. Sri Lankan Prime Minister Mahinda Rajapakse Thursday signed a deal with the main […]
Tigers reject truce talks at Sri Lanka airport
Sri Lanka’s Tamil Tiger guerrillas have rejected peace broker Norway’s call to hold talks on salvaging their fragile truce with the Colombo government at the island’s only international airport Sri Lanka’s Tamil Tiger guerrillas have rejected peace broker Norway’s call to hold talks on salvaging their fragile truce with the Colombo government at the island’s […]
NTB – MLL merger put up for approval
Nations Trust Bank on Thursday said it is pushing a deal to merge with Mercantile Leasing Limited.Nations Trust Bank on Thursday said it is pushing a deal to merge with Mercantile Leasing Limited. The deal will add a leasing business to NTB’s commercial banking portfolio. The merger however needs MLL board, shareholders and Central Bank […]
‘s growth projection for Sri Lanka for 2005 edged down marginally
The Asian Development Bank’s growth projection for Sri Lanka for 2005 edged down marginally to 5.1 percent from the 5.2 percent forecasted in its April Development Outlook Report.The Asian Development Bank’s growth projection for Sri Lanka for 2005 edged down marginally to 5.1 percent from the 5.2 percent forecasted in its April Development Outlook Report. […]
Increasing Sri Lanka’s private debt
Seylan Merchant Bank says it hopes to have some 1000 debt trading accounts active by end September, to trade in the CSE’s debt trading system.Seylan Merchant Bank says it hopes to have some 1000 debt trading accounts active by end September, to trade in the CSE’s debt trading system. The DEX initially limited to govt., […]
Sri Lanka’s co-chairs of peace gather in two weeks for extraordinary meeting
Peacebroker Norway said Wednesday that Sri Lanka’s government and Tamil Tiger rebels will be invited to meet soon at the international airport to review their troubled truce, after weeks of haggling over a venue.Peacebroker Norway said Wednesday that Sri Lanka’s government and Tamil Tiger rebels will be invited to meet soon at the international airport […]
‘s private debt
Seylan Merchant Bank says it hopes to have some 1000 debt trading accounts active by end September, to trade in the CSE’s debt trading system.Seylan Merchant Bank says it hopes to have some 1000 debt trading accounts active by end September, to trade in the CSE’s debt trading system. The DEX initially limited to govt., […]
Banker’s Bank
Commercial Bank picked up its fifth consecutive Bank of the Year award given out by British magazine “The Banker”.Commercial Bank picked up its fifth consecutive Bank of the Year award given out by British magazine “The Banker”. A Commercial Bank statement on Wednesday said the magazine’s annual ratings, published in its September 2005 issue, followed […]
Connaissance livens up its image
Hotel chain Connaissance will plough in Rs.600 mn to liven up a tired image, re-branding its resorts and spas to lure high spending travellers to its ‘Amaya’ retreats.Hotel chain Connaissance will plough in Rs. 600 mn to liven up a tired image, re-branding its resorts and spas to lure high spending travellers to its ‘Amaya’ […]
New Number
Hutchison will add over 212 new base stations to increase coverage and add some 500,000 more lines to its line capacity.Hutchison will add over 212 new base stations to increase coverage and add some 500,000 more lines to its line capacity. Investment for the expansion was not disclosed, but official said the deal was being […]
‘s co-chairs of peace gather in two weeks for extraordinary meeting
Peacebroker Norway said Wednesday that Sri Lanka’s government and Tamil Tiger rebels will be invited to meet soon at the international airport to review their troubled truce, after weeks of haggling over a venue.Peacebroker Norway said Wednesday that Sri Lanka’s government and Tamil Tiger rebels will be invited to meet soon at the international airport […]