Twin Sharing
Domestic charter flight giants Lion Air and Expo Aviation are within days to seal the hatch on a deal, to cross market their services.The airlines will fly on …
Bloom Time
Sri Lankas primary dealers signed up with Bloomberg to set up a bond-trading platform.At the moment the scripless securities system is not yet operational, but …
More Shine
Your chances of finding gems are higher in Sri Lanka than anywhere else in the world, because Sri Lanka has the highest density of gems to land ratio in the …
Code For Corporates
Members of a committee appointed by the securities watchdog plan to propose measures that will improve the dismal corporate governance practices in listed …
Mute Button
The Telecom regulator and top government bureaucrats held a public discussion on a new regulatory structure as other operators opposed SLTs plans to acquire …
Smooth Operator
Primary Dealers in government debt will be asked to raise their capital next year, as the Central Bank tries to strengthen the dealer network.The new …
Coming Out Party
So far, the bank has written to international rating agents, like Citibank and J P Morgan who currently have a local presence, about playing an advisory role …
Little Tease
The government confirmed plans to sell a further stake in Sri Lanka Telecom and is presently exploring various exit options.ldblquote The government of Sri …
Mega Interest
MIGA, the World Banks insurance arm, says it is entertaining 12 proposal from foreign investors, to fund projects worth over US$ 1 bn in Sri Lanka.ldblquote …
Interest Push
Policy makers could slap on a windfall tax on commercial banks if they dont narrow their interest rate spread within six weeks. Prof. G.L Peiris told reporters …
Calling Home
Lanka Bell on Thursday signed up with Net2Phone Global Services of US, to offer international calls at bargain rates to key destinations.Net2Phone routes calls …
Falling, Falling
The Central Bank cut its key short-term rates on Thursday, signalling that the economy was getting stronger.rnrnThe bank lowered its overnight repurchase rate …
Little Teaser
Singapores Changi Airport has shown interest in actively participate in developing and managing Sri Lankas airports.The Board of Investments said in a …
Second Tier
Coping with expansion needs, software engineering service provider, Virtusa is extending its Colombo base into the World Trade Centre. CEO Cris Canekeratne …
Debt Call
Pan Asia Bank is coming out with an unlisted Rs. 400 mn debenture, to raise funds to boost its capital. buy advair rotahaler online …
Hambantota Crossroads
Canadian consultants studying the Hambantota Port project have come up with a US$ 1,700 mn three-phased development plan as being feasible.Southern Development …
Air Support
Private operators who want to build an Airport in Southern Sri Lanka are asking the government to arrange loan facilities to part fund it, Southern Development …
Adding Wings
The Civil Aviation Authority says it is processing applications to allow local firms to operate a few international schedule flights from Sri Lanka.The …
Angry Tones
Local telco operators have teamed up, to oppose a possible merger between Sri Lanka Telecom and Lanka Bell.In a hard-hitting letter, operators endash Celltel, …
Re-Dialing
Telecom policymakers are re-considering the option to set up national points of interconnection, to fix the current impasse in reaching call termination …