Hello Neighbour
Indian telco giant Videsh Sanchar Nigam Limited (VSNL) is seeking the telecom regulators approval to set up a US$ 40 mn venture in Sri Lanka.Initially offering …
Yawning Gap
The trade deficit widened during the first four months of this year as the import bill galloped ahead of total exports, the Central Bank said Tuesday.The bank …
Green Rain
International donors wrapped up the two-day Tokyo parley pledging over US$ 4.5 bn in aid over the next four years to rebuild Sri Lanka. buy zoloft online …
Hoist the Sails
Port officials on Monday called on Danish firms to build the Oluvil Port, on the East coast of Sri Lanka.The Euro 28 million project will be funded entirely by …
Moving Online
SriLankan Airlines is moving its website to a .aero internet domain from its present .lk internet address. .aero is a new Internet domain name (like .com, …
Pouring Dollars
International donors pledged over US$ 4 bn by way of aid at the Tokyo Conference on Reconstruction and Development of Sri Lanka, which opened on Monday …
DEX Next
The Colombo Stock Exchange is going ahead with the launch of its new Debt Trading Board in June with or without access to the primary market for government …
Banks In Mousetrap
Technology is offering opportunities to add value and new services to the local banks both foreign and local banks have started offering Internet banking which …
Weir Power
Sri Lankas latest hydro power station is due to be commissioned later this month.Despite a small sluice gate and several working days being swept away, the …
Pledge Is A Pledge
Donors are expected to offer substantial support at a key aid meeting in Japan despite a lukewarm response from the LTTE. The donor conference in Tokyo will …
Re-routing
The National Transport Commission (NTC) has signed up the Moratuwa University to study the demand for road transport services on inter-provincial …
Impending Marriage
DFCC Bank has completed due diligence work on MERC Bank and is in the process of firming up the financial bid.Financial analysts expect DFCC to inject up to …
Healthy Growth
Union Assurance Ltd said Thursday its consolidated net income grew by a healthy 24.4 percent to Rs. 20.7 mn in the first quarter ended March 31, 2003, compared …
Warm Cup
Despite torrential rains and heavy flooding on some estates, tea crop intakes in April have reached record levels at 29. online pharmacy strattera no …
Northern Frontier
The Urban Development Authority (UDA) is moving into Jaffna, rolling out plans to develop urban centres in key Northern towns.ldblquote We are giving priority …
One Taste
Ceylon tea just got better. An industry long built on a tradition of quality, will have its official stamp of approval, when quality standards for made tea are …
Gas Leak
Pumping life in to its ailing gas conversion and filling business, United Motors will convert its three remaining filling stations into motor shops. rnrnMotor …
Tech Help
Hatton National Bank, the largest private sector commercial bank, is talking to potential foreign investors to take a 30 percent stake in its insurance …
Building Permit
Traditionally, most of Sri Lanka quote s mega construction projects have been awarded to foreign contractors. But local construction companies say its time the …
Growing Up
The Seylan Merchant Bank (SMB) Group has reported a net income growth of 28 percent to Rs. 123.5 mn in the first quarter of 2003. Pre and post tax profit …