Holding Steady
Sri Lankas foreign reserves took a 2.2 percent dip in March, slightly above a 5.7 percent drop in January 2004, according to latest data released by the …
Running Late
The government component in the proposed Colombo South Harbour projects has propelled to about US$ 300 million from around US$ 220 million quoted earlier.The …
Distant Lights
Light House Hotel is hoping to double its earnings for the current financial, though somewhat restrained by limitations in room capacity, a broker report …
Upside Down
The government is taking a second look at the labour retrenchment package due to stiff opposition from unions and employers, a top minister said.The previous …
Breaking The Ban
Sri Lankas Tamil Tigers have asked India to reconsider its extension of a ban on the rebels imposed over the assassination of former premier Rajiv Gandhi.The …
Steady Walk
A growth in fee-based income and faster recoveries helped the Bank of Ceylon double its bottomline for the quarter ending March 31, 2004.The state-run banks …
Sampath Fortune
Sampath Bank plans to raise Rs. 1.5 billion by issuing debentures to strengthen its capital base and make long-term money available for lending.The issue which …
Shuffling The Pack
SriLankan Airlines is pushing to expand its portfolio through fifth freedom rights to Nepal and Bangladesh, while keeping a close tab on rising jet fuel …
Fly Away Peter’85
Colombo is unusual for a capital city in having a large number of wetlands.rnAround Kotte for example a number of wetlands still remain.rnBut these natural …
Sams View
India and Pakistan were the main beneficiaries in moves by the United Sates to have South Asian allies after the events on September 11. International affairs …
Staying On Top
Management experts say the rapidly changing business environment is pushing organizations to constantly restructure to stay ahead.Companies in Sri Lanka they …
Aid Direct
The World Bank handed out Rs. 4 million of grant money directly to eight non-governmental organizations recently.buy zydena online buy zydena online no …
Foreign Call
Indian IT services giant Videsh Sanchara Nigam Ltd (VSNL) is finalising its service offer for Sri Lanka, with initial plans to push out an international …
Bussing It
An action plan to re-haul bus transport and enforce regulation on a decentralised, largely out-of-control sector, is being rolled out by the National Transport …
On Loan
The External Resources Dept., is negotiating with Japanese funding agencies for a fresh US$ 85 mn credit line for the small and medium scale industry.online …
Comfort Zone
Seylan Bank has secured an A-(sri) national rating for its long-term senior debt from Fitch Ratings Lanka.At the sametime, Fitch has also given Seylans …
Drinking Poison
As traditional farming methods are lost to chemical fertilizer dumping in Sri Lanka, its people are paying with their lives. Over use of chemical fertilizer …
Open Minds
Human resource (HR) personnel need to come out of the box and integrate more to improve corporate performance, says three of Sri Lankas leading businessmen. …
Bond 002
After a two-year hiatus, the government is tapping the international debt market to raise US$ 250 mn, to bridge the budget deficit.The Sri Lanka Development …
Flat
Treasury Bill rates remained flat at Wednesdays auction due to excess liquidity in the money market and a steady outlook for short-term interest rates.The …