Long Life
Union Assurance Ltd has reported an upsurge in net profits, largely aided by its booming investment portfolio.For the nine months ending September 2003, the …
In-Flight Bid
Singapores Changi Airport has put an unsolicited bid to take up a 60 percent stake in Airport Aviation Services Ltd (AASL).The bid comes after Changi Airport …
Cargo Linking
The blueprint to construct Sri Lankas first dry port at Ragama endash a one-stop logistical hub for container handling, linking up to the seaport by rail, has …
Green Tea
September Customs data indicates that US dollar value of tea exports was US$ 504. buy augmentin online …
Whizzing Through
The UDA has short listed six parties, one of whom will undertake the construction of a mass transit network for Colombo. The mass transport system will stretch …
Security Link
The US will step in with technical assistance to implement the lquote US Container Security Act in Sri Lanka, an initiative sparked by security jitters over …
Take One
Logiwiz, a unit of the Hayleys Group, opened shop recently to offer tailor made solutions, end-to-end logistics management and supply chain solutions to the …
Major League
US President George Bush has called on the United States Senate for its lquote advice and consent on amending its legislation for avoiding double taxation and …
First Blood
The Attorney General told the Appeal Court on Wednesday that the government would not go ahead and recruit a Chief Executive Officer to head the upcoming …
Holding Hands
The Comprehensive Economic Partnership Agreement (CEPA) now being negotiated with the islands giant neighbour could see Sri Lankas e-government policies …
Your Attention Please
The Ceylon Chamber of Commerce say the government must introduce lquote group taxation dblquote as an incentive for further investment in Sri Lanka. rnThe …
Zipped Up
The Commercial Bank of Ceylon has pumped in Rs. 100 mn to upgraded its IT infrastructure and processes, with one of the latest retail banking solutions in the …
Big House
A US$ 1 billion housing project is being cemented to construct 100,000 homes, with the three locations already short listed for development. Amona Peace …
Safe House
The Labour Ministry will tap into a pool of Rs. 6.5 bn in dormant EPF monies, for seed capital to set up an Unemployment Insurance Fund for retrenched workers. …
No Kidding
Mobile phones arent the only things Nokia is into, the cell phone giant is now gearing to wire up Sri Lankas telco industry. On Tuesday Nokia said it had …
Round II
Seylan Bank is raising over a billion rupees in debt, to meet its capital adequacy requirements.The bank said a billion rupees will be raised through a …
Sticky Situation
The Appeal Court on Monday threw out the governments tax amnesty law, saying it lacked legal teeth to become enforceable.Under the present Constitution, once …
VRS Watch
Sri Lanka Telecom is offering counselling services and tips on investing in financial products to its 1,300 employees, who took up an early retirement scheme …
Weeding Out
The Urban Development Authority (UDA) has drawn plans to dispose a number of its property holdings that dont reap a minimum Rs. 1000 monthly rent, under a …
Skywards
Maintaining a positive growth trend over the past few months, Sri Lankas export earnings posted a double-digit growth for the first eight months of this year, …