High Note
State-run Bank of Ceylon ended 2003 on a high note of Rs. 1.642 bn in net profits, even as revenues fell 7. online pharmacy buy ciprodex with best prices today …
Good Show
The advertising industry is riding the spending wave from the last two years of economic growth and the SLIM awards organisers are looking at maintaining …
Phone Bill
Full year 2003 revenues for SLT gained marginally, dispelling industry forecasts for a drop driven by halved IDD billings, but closed with a 16 per cent fall …
High Jump
Mobile operator Celltel Lanka signed up for a US$ 21 mn syndicated loan to deploy its network islandwide by August.Under the fifth phase, Celltels GSM network …
Buffer Stock
Sri Lankas gross official foreign exchange reserves stood a provisional US$ 2.33 bn, up 37.0 percent from US$ 1.70 bn in December 2002, the Central Bank said …
Gaping Hole
rnrnInrnthe 2004 pre-election budget report, the Treasury says handouts for drought costrnRs. 900 mn, transport sector Rs. 1.8 bn, backward wages for the …
Yes Prime Minister
Confident of 113 seats in the bag, the Freedom Alliance is now working on strategies to push the number above 120.Winning the April poll is among the remaining …
Interim Relief
The fresh decision reversed Central Banks earlier ruling to limit NDBs holding in the commercial banking entity to 25 per cent and is an interim measure until …
Lucky Strike
Technically insolvent Peoples Bank, kept its place in the Billionaires Club for the second year running, after providing a hefty Rs. 2.288 bn for bad debts in …
It Stinks!
Although once lucky with SARS and twice lucky so far with the Avian Flu the next outbreak of a new infectious disease could push luck beyond its limits - but …
Lanka Bell stuck in interconnection
The Court of Appeal on Thursday issued an interim order preventing the telecom watchdog from implementing Caller Party Pays (CPP) immediately. online pharmacy …
Adding Up
Industrial and agro exports claimed higher prices in 2003 compared to the prices for imports, shifting the terms of trade in Sri Lankas favour. The trend …
Wide Choice
The Colombo Stock Exchanges debt trading system officially goes live next Wed. giving investors an opportunity to electronically trade in government treasuries …
Big Squeeze
LB Finance is tapping the capital markets to raise Rs. 200 mn by securitising its Rs. 1.1 bn leasing portfolio.The 33-year old company secures nearly 70 …
Coming To Colombo
Sri Lankan aviation authorities have cleared Abu Dhabi based industry newcomer, Etihad Airways to fly daily to Colombo from March 03.Area Manager for Sri Lanka …
Whos The Fool?
A new law to label food items gets activated from April 1, giving traders barely a month to redesign their packaging materials.April is certainly looking to be …
After Polls
The telecom watchdog says it will decide when to implement a caller party pays (CPP) regime after April 12, 60 days from when it first announced the additional …
Tripling Over
Hatton National Bank Ltd said Tuesday its full year group profits nearly tripled as it notched gains from its bond portfolio, despite hefty provisioning. Group …
Bits and Baggage
Waving in traffic from the web, the Tourist Board will try to lure elusive travelers from the US, Canada and Australia, with a portal for online …
Political Pickle
No significant change in the percentage votes polled by the parties from the 2001 general elections is expected in the districts of Kandy and Matale because …