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‘s ACE Power Embilipitiya
HSBC Global Markets, a unit of HSBC Group, structured a derivative instrument for Sri Lanka’s ACE Power Embilipitiya in a deal worth US$ 34.05 mn. HSBC Global Markets, a unit of HSBC Group, structured a derivative instrument for Sri Lanka’s ACE Power Embilipitiya in a deal worth US$ 34.05 mn. ACE Power will hedge its […]
Big Bite
National carrier SriLankan Airlines is starting off a daily return service from Colombo to New York’s JKF Airport this month, its CEO said Monday.National carrier SriLankan Airlines is starting off a daily return service from Colombo to New York’s JKF Airport this month, its CEO said Monday. The daily return service which starts on March […]
What Responsibility?
Sustainability reporting is still Greek to most listed companies in Sri Lanka while non-listed companies don’t even have annual reports, shows a recent survey.Sustainability reporting is still Greek to most listed companies in Sri Lanka while non-listed companies don’t even have annual reports, shows a recent survey. A survey, by the Association of Certified Chartered […]
Weight Watching
Commercial Bank of Ceylon is actively exploring ways to reduce its pension liability after a u-turn in tax policy cost the group an additional Rs. 67 mn. Commercial Bank of Ceylon is actively exploring ways to reduce its pension liability after a u-turn in tax policy cost the group an additional Rs. 67 mn. With […]
Safe Journey
Last year was the safest year for air travel with the least amount of aircraft losses, says the International Air Transport Association (IATA).Last year was the safest year for air travel with the least amount of aircraft losses, says the International Air Transport Association (IATA). “2004 was the safest year ever for air transport,” said […]
Sri Lanka’s Central Bank which earlier declined to say who signed a new batch of currencies came out with a statement admitting Finance Minister’s signature on new notes
Sri Lanka’s Central Bank which earlier declined to say who signed a new batch of currencies came out with a statement admitting Finance Minister’s signature on new notes.Sri Lanka’s Central Bank which earlier declined to say who signed a new batch of currencies came out with a statement admitting Finance Minister’s signature on new notes. […]
”s signature on new notes
Sri Lanka’s Central Bank which earlier declined to say who signed a new batch of currencies came out with a statement admitting Finance Minister’s signature on new notes.Sri Lanka’s Central Bank which earlier declined to say who signed a new batch of currencies came out with a statement admitting Finance Minister’s signature on new notes. […]
Sleep Walking
Illegal drug flows into Sri Lanka, as a transit point and as a destination, is on the rise, says the international drug watchdog.Illegal drug flows into Sri Lanka, as a transit point and as a destination, is on the rise, says the international drug watchdog. “The flow of heroin from Afghanistan, the world’s largest illicit […]
Sri Lanka’s peace bid suffers fresh blow from killing spree
A weekend killing spree has compounded problems for Sri Lanka’s already troubled peace process and dimmed prospects of a deal on tsunami aid, diplomats and officials said Sunday.A weekend killing spree has compounded problems for Sri Lanka’s already troubled peace process and dimmed prospects of a deal on tsunami aid, diplomats and officials said Sunday. […]
Highway Robbery?
Guest Columnist Harsha de Silva PhD debunks Treasury Secretary’s recent remarks to put the breaks on policy interest rates at the expense of short changing poor savers. Guest Columnist Harsha de Silva PhD debunks Treasury Secretary’s recent remarks to put the breaks on policy interest rates at the expense of short changing poor savers. How […]
Gunmen kill six in internecine clash in Sri Lanka
Gunmen shot dead at least six people in eastern Sri Lanka Saturday in what appeared to be worsening internecine clashes among Tamil Tiger rebels, military officials said.Gunmen shot dead at least six people in eastern Sri Lanka Saturday in what appeared to be worsening internecine clashes among Tamil Tiger rebels, military officials said. Gunmen burst […]
‘s peace bid suffers fresh blow from killing spree
A weekend killing spree has compounded problems for Sri Lanka’s already troubled peace process and dimmed prospects of a deal on tsunami aid, diplomats and officials said Sunday.A weekend killing spree has compounded problems for Sri Lanka’s already troubled peace process and dimmed prospects of a deal on tsunami aid, diplomats and officials said Sunday. […]