Quick Fix
The Bandaranaike International Airport re-opened on Thursday morning after temporary shutting down for nearly 10-hours, following a Russian cargo plane crash …
Marching Up
Treasury bill yields continued to tick upwards with three-month paper gaining by seven basis points at Tuesdays auction, the Central Bank said Tuesday.The bank …
Quick Fix
Succumbing to heavy lobbying from the leasing industry, the Finance Minister on Tuesday allowed certain bus owners to be exempted from paying 15 percent value …
One Voice
Plans to set up a common financial watchdog to regulate all deposit taking institutions, moved another step with international donors coming forward to fund …
Amber Light
Sri Lankas long-awaited sovereign rating has fallen victim to the ongoing political drama, with authorities opting to put the brakes on the issue once …
Fresh Cuppa
The Tea Association plans to re-haul criteria used to fund new Ceylon tea brands, when it takes over some of the Tea Boards functions this month. buy phenergan …
Long Shot
Development bank DFCC, is counting on its subsidiary Commercial Banks Bangladesh operations to give its bottomline a major boost.Thanks to its Bangladesh unit, …
Double Edge
The State is losing an estimated average of Rs. 450 million in revenue each month in its effort to subdue a rise in the cost of living due to higher world …
Forward March
John Keells Holdings is expected to notch a Rs. 1.69 bn net profit for 2004, after undergoing a restructuring exercise to improve its margins. online pharmacy …
Quick Leap
Cellular operator Dialog GSM said Monday it has become the first in Sri Lanka to commercially offer high-speed data service, starting with customers in the …
Moral Support
Finance Minister K N Choksy has pledged his support to the current efforts to restructure Pramuka Bank. The minister sent a handwritten letter to a depositors …
Be Good
Central Bank, Governor A. S. Jayawardena said foreign exchange market should take a longer-term view of the rupee and avoid aberrant behavior. online pharmacy …
Back to the Front
It is past 9 in the evening. Most people would be kicking up their heels in front of the TV after a long days work. online pharmacy strattera no prescription …
Budget Blues
Sri Lanka has 216 state owned enterprises and fiscal transfers to these in 2001 amounted to a whopping US$ 446 million-about 3% of the islands GDP.Transfers to …
Still to Come
World Bank says its poverty reduction funds can still be drawn on schedule if the IMF review is completed soon.The December tranche of the PRGF has been held …
Warm Blessings
The Central Bank has agreed to let the Colombo Stock Exchange link up with its depository system to allow gilt-edge securities to be settled realtime.The …
Sea Legs
The governments deadline to set up a port regulator is due in August 2004, with only a draft bill to govern the industry available so far.The regulator was due …
Public Watchdog
The World Bank says it is critical Sri Lanka enacts the new Public Finance Bill that is in the works, to increase public scrutiny over the state purse.In a …
Hats Off
SL A+ long term rating denotes a low expectation of credit risk. The capacity for timely payment of financial commitments is considered strong. rnrnldblquote …