Stalemate
The much-awaited second rendezvous between the Executive and the Legislature ended on a stalemate with a committee appointed to look into their grievances.The …
Dicey Union
An impending marriage between the Marxist JVP and the main opposition Peoples Alliance Party re-surfaced on Tuesday resurrecting vibes that a snap poll was …
Bond Raiser
The Board of Investment will tap into the local bond market, to raise up to Rs.2 bn to fund a new Economic Trade Zone, north of Biyagama.The second Economic …
Pumped Up
US marine fuel supplier ChemOil signed a deal on Friday to dock at the Colombo Prot, to sell bunker fuel. Lanka Bunker Services, ChemOils BOI (Board of …
Free Flow
The upcoming Exchange Management Act adds muscle to the Finance Minister, and puts stiff financial penalties on wilful defaulters.Currently in gazette form …
Long Haul
Sri Lanka is in the top three alongside Thailand and the Maldives as a tourist hotspot for long-haul travel, but still needs a vital mix of peace, competitive …
Dizzy Heights
Sri Lankas largest family owned private hospital partially opens its doors for private investors next month. What started off as a remedy for family and …
Dizzy Heights
Sri Lankas largest family owned private hospital partially opens its doors for private investors next month. What started off as a remedy for family and …
Second Rendezvous
The President has asked Premier Ranil to come alone to her chambers for a Tuesday morning rendezvous.The Premier was due to meet the President with other party …
Choksys Sweeteners
The UNF government, which has been progressively clubbing the opposite camp with the peace process, is getting ready to open a second front with the …
French Toast
The government on Monday put forward alternative suggestions to solve the lquote Southern political impasse, but declined President Chandrika Kumaratungas …
Big Bite
Commercial Bank of Ceylon Ltd., has recorded a pre-tax profit (before the special Value Added Tax on Profit) of Rs 1.6 billion for the nine months ended …
Coming Back
A cultural similarity in the insurance market was a big draw when Life Insurance Corporation of India re-entered the local market.The companys earlier …
Donor Threat
The countrys top multilateral donors warned that economic and political stability are key to get aid following.Sri Lankas top multilateral and bilateral donors …
Clean Seam
The apparel industry is pushing to establish a local certificate that will guarantee buyers of compliance and cutting the cost for small timers. While big …
Silent Business
Top business leaders and civil society organizations were staying quiet despite political moves that have jeopardized the peace process and the economic …
Boo Hoo
Suntel wants to buy back Rs 300 mn of its 750mn high yielding medium term debentures, which yield in excess of 22 percent per annum.The wireless operator …
Textbook Takeover
A senior Treasury officialrnsaid Friday, that it would sell 49 percent or 490,000 shares to its currentrnowners, priced at Rs. 86.73 mn per piece.rnA total of …
Rich Life
An Indo-Lanka tie up will pump in Rs. 620 mn down Lake Drive in Col., 8 to build 25 fully furnished luxury homes.rnrnThe project will cater to Sri Lankas …
Bad Call
The telecom watchdog on Friday asked Mobitel Lanka Ltd to withdraw its promotional GSM offer, with immediate effect.rnrnrnrnrnrnrnHeadlinernrnrnrnrnThe …