Go For Rating
Central Bank Deputy Governor W. A. Wijewardene told LBR that the credit rating would be in place early next year with bank funding for the whole …
JKH Big Bang
John Keells Holdings entered the property market with a bang by taking a stake in Asian Hotels for Rs. 4 bn.The acquisition of the 60 percent stake gives JKH …
Road To Tooting
Colombos congested roads are not getting a break, with 3,000 new vehicles hitting the streets every month. Most of it is in the capital. Tax and excise on …
Here She Comes
George OMarie, the first local designer label will hit shops around the world early next year.Backed by a top garment exporter Readywear Industries, the brand …
Cash Injection
The long established company plans to raise Rs. 300 mn through the Initial Public Offering sometime in November.rnrnShares will be offered at Rs. 20 each, …
Washed Out
The rupee closed up at Rs. 94.55 against the US dollar on Friday, as exporters asked the government to step in and support falling prices.So far, the rupee has …
Tempting Treats
The Colombo Stock Exchange has made an attractive offer to primary dealers, to entice them to make use of the exchanges top of the range debt trading system.To …
Information Hunt
Peoples Bank restructuring committee has hired consultants PricewaterhouseCoopers to draw up an information memorandum for the bank.The consultants will put …
Stricking it Rich
Following industry feedback, Development Lotteries Board (DLB) will launch two more draw based tickets to fill its current lquote off days - Mondays and …
Engaged Tone
Sri Lanka Telecom on Thursday informed the stock exchange that it had launched a bid to buy up wireless local loop operator Lanka Bell."SLT has entered into a …
Zipped Up
Zeelabs signed a deal to exclusively market and build upon Temptation Technologies (TT) 3D imaging products. Zeelabs is an integrated technology provider with …
Tidy Sum
The government has picked up Rs. 262 mn as dividends from SriLankan Airlines, after the national carrier reported a Rs. buy robaxin online …
Growing Wings
An ambitious three-year expansion drive to upgrade the Bandaranaike Airport into a regional air hub officially got off ground Wednesday.The Airport is being …
One Approach
The Bank of Ceylon is fine-tuning its loan book to boost private sector lending and limit its exposure to state owned entities. Loan growth for the first six …
Security Check
The Securities and Exchange Commission of Sri Lanka (SEC) will join 170 other international securities commission to combat cross border securities fraud. An …
Canal Park
Colombos underutilised canal system is getting fresh life, with the private sector called in to develop four of the citys waterways.rnrnThe sites include the …
All Or Nothing
Sri Lanka Telecom has made an official pitch to take up a controlling stake in the third fixed line operator Lanka Bell.Lanka Bell, which uses wireless local …
Aid Spend
Cabinet Spokesperson Prof., G L Peiris says the government expects nearly US$ 1 billion of the US$ 4. online pharmacy buy doxycycline with best prices today in …
Hot Teas
Ceylon Tea Services is calling on the government to support a common brand name for the tea trade, through a package of incentives similar to the early 1980s …
Regional Wire
A number of services will be made mandatory under the technology neutral licence and could be issued by mid 2004. rnrnInterested firms could have to bid only …