Jungle Management
The immaculate splendour of an exotic luxury resort carefully woven around the tranquil and wild beauty of the Deer Park Hotel, is being transformed into a …
Working Late
Cabinet cleared four amendments to the Shop and Office Act, supporting nighttime employment and an increase in workman compensation.If passed in Parliament in …
Billionaires Club
State-run Peoples Bank hopes to transfer about Rs. 9 bn of its hard-core large non-performing loans to the upcoming asset management company. online pharmacy …
Sinhala Chat
The next release of Microsoft Windows will include Sinhala text support, a Council For Information Technology (CINTEC)committee is working on the details to …
Roving Eye
The Employees Trust Fund is knocking on regulators doors to expand its investment reach, as the local capital markets offer limited scope.The Rs. 40 bn state …
Yen Deposits
Sri Lanka on Tuesday signed up for Rs. 26.1 bn in long-term funds from the Japanese government to develop key sectors in the economy.The loan carries a 2.2 …
Wider Gap
rnrnrnrnrnrnNew Page 1rnrnrnrnrnTrade deficit expanded to US$ 150 mn in Januaryrnfrom US$ 131 mn in the same period 2002, largely due to higher import costs, …
Spotting Leopards
Hot on the trail of the eco tourism inclination, Bogawantalawa Plantations is promoting four infrastructure projects among local and overseas investors.Taking …
Village Act
The next phase under the flag of liberalisation, the Act to set up the telecom sector development fund was published on Monday, open for a week for public …
Bigger Cushion
Primary Dealers in government debt were asked to raise their capital this month as the Central bank tried to strengthen the dealer network.The new regulations …
Opening Runways
The Civil Aviation Authority is awaiting the Ministry green light to open access to all of fourteen airports in the country.The Civil Aviation Authority says …
Paradise Bliss
Brides and grooms in search of the dream wedding locations with a tropical twist have found the ideal setting in local beach resorts.The south coast is slowly …
Number Hunt
Telecom regulators are proposing a new numbering plan for telephones, which they say, will aid growth in the industry.If implemented the plan will change the …
Bigger Footprints
Sri Lankas largest private insurer, Ceylinco Insurance Co. is looking overseas with plans to add a few branches to its existing operations.Talks are under way …
Wealth Management
The government has formed a new company to manage fee and fund-based activities of state corporations including the Mahapola Trust Fund.National Wealth …
G-Force
Sri Lanka will have its first 3G frequency auction in April, a limited exercise which will offer three slots in the 1800 MHz range.The auction will also be …
Cold Cuppa
The tea industry continued its ill fate with indications that around 25% to 30% of all teas brought to the weekly auctions in Colombo would remain unsold. …
Act Two
The private sector is calling for amendments to the Consumer Affairs Authority Act that is due to come into force on April 1, saying it has too many holes.The …
Number Crunching
The printing industry could see a leap in orders by June this year as the telecom sector rolls out a ten digit number change. Phone numbers across the island …
Contingency Plans
National carrier SriLankan Airlines said on Thursday, it has cancelled all flights to Kuwait and re-routed flights to its European destinations with immediate …