Faster Connection
LankaClear, the cheque clearing arm of the Central Bank, plans to set up ten regional centres to speed up payments and settlement systems.Known as lquote …
Cherry Picking
A Compensation Fund for contributors who suffer financial loss resulting from fraud, theft, misappropriation or negligence of monies, will also be set up, from …
Hit Rates
Industry analysts are betting on a competition driven drop in overseas calling rates for the upcoming holiday seasons. Competition in prepaid calling cards …
Private Tutor
State side educationalists could soon receive tuition from private sector firms on what the industry needs from the university system. rnThe project builds on …
Chop-A-Tour
Eight companies have shown interest in starting domestic helicopter operations from December, catering to the tourist boom expected during the winter …
Bull In The Bourse
The Colombo stock market is trading close to historic highs, leaving brokers and analyst guessing as to how long the Bull Run can be sustained. Market watchers …
Well Cell’85
Celltel, the countrys No 2 mobile operator announced plans to invest US$4 million to increase coverage. This is the companys 4th phase of expansion.buy …
Lacy Trimmings
When the mighty forces join hands, the results are potent. The House of MAS Holdings and The House of Noyon Dentelle de Calais of France have teamed up. The …
Shoot Out
State officials and peace brokers search for fresh avenues to drive through a lasting peace settlement with the separatist Tamil rebel faction holding on to …
System Shutdown – Updated
A court injunction brought on by CINTEC staff, has blocked the wind-up of the former IT regulator.About 18 of its staff members took the regulator and the …
Frequent Flyer
SriLankan Airlines will add two more A340s to its fleet to cater to growing passenger numbers in the coming winter season. The fleet expansion will allow …
First Draft
Finance Minister K N Choksy told parliament on Wednesday that the government hopes to spend Rs. 352.7 bn in 2004 for development work.rnrnrnrnrnrnrnNew Page …
Bush Tourism
The tea plantation industry has identified 20 estate bungalows as potential sites for boutique tourist retreats. Mooted in conjunction with the Sri Lanka …
Quick Fix
Ceylon Hospitals Ltd., the owning company of Durdans Hospitals, plans to use some of its IPO proceeds to expand its satellite labs. online pharmacy buy …
Water Test
A forward market interface for the agro sector is part of an initial set of ten pilot projects, picked to kick off the e-Sri Lanka initiative. The pilot …
Growth Cell
Cellular operator Celltel Lanka, pumped in a further US$ 4 mn to beef up its capacity and extend its reach along the South and Eastern coast.The fourth phase …
Spinning Dollars
The Treasury of Sri Lankas largest state bank on Monday, snapped up the entire issue of the countrys first dollar denominated two-index linked commercial …
Key Treasuries
Twenty-year government treasuries will hit the market on the 20th of this month, but debt market experts say the extended yield curve has failed to stimulate …
Dollar Collar
Most of Sri Lanka quote s international trade is done in dollars (US) and significant movement in the US$-Rs rate, affects the pricing of both imports and …
Gloom Over Glitter
Jewelry Industry is banding together in an effort to add value to products while capitalizing on the image of the Ceylon Sapphire.rnWhile the country has a …