All News

High Fever

The repo-rate or the repurchase rate is the key benchmark, which sets the floor in the overnight call money market, as it enables lenders to invest …

Looking Pale

Trade data for the first 12 months of 2001 shows the deficit has narrowed down to US$ 1.157 bn, as against US$ 1.798 bn deficit during the same …

Buying Rights

Despite as many as 4000 consumer rights groups floating in Sri Lanka, most are inactive, hindered by a lack of sufficient funding. online pharmacy …

No Problem

The government has also decided to shift the venue of the customarily aid group meeting from Paris to Colombo, in order to allow a greater …

Big Steps

The bank has amended the existing legislations and created separate categories for commercial banks and non-commercial banks.rnrnThe new guidelines …

Battle Front

The current labour legislation, which is considered to be archaic by donor agencies and investor community, prevents flexible employment policies …

Southern Roar

Rajapaksa was better known for his loyalty towards Sri Lanka Freedom Party, the key constituent party of PA, which his father helped to form, than …

Petty Cash

Finance Minister K N Choksy said around Rs. 29.7 bn were needed for a month starting from March 19, until the budget debate is concluded. rnrnHe …

Multiplying

The Central Bank plans to expand the number of primary dealers dealing exclusively in government debt.rnrnNewcomers will be on par with existing …

Beware

Amendments to the Companies quote Act would focus on enhancing minority shareholders rights and disclosing directors quote duties, he …

Soft Hopes

A Microsoft spokesperson said they hoped that greater awareness would encourage computer users to consider purchasing original software. buy …

Red Tape Tax

The survey selected 200 medium and large-scale businesses operating in Colombo and Kurunagela to identify major regulatory impediments affecting …