New Wicket
The Asia Capital Group on Monday disposed its shareholding in its associated company, Capital Alliance Ltd., for Rs. 36 mn.Capital Alliance which specialises …
Rough Times
The Central Bank has issued a draft guideline to allow primary dealers to transact in derivative instruments.The guidelines include limits for credit risks and …
Penultimate Lap
The government is expected to dispose 20 percent of its ownership held in Commercial Bank through Sri Lanka Insurance Corp. by end next week.Treasury approval …
Debt Exchange
Maldivian conglomerate Universal Enterprises took a 57.16% stake in Mahaweli Reach Hotel, a deal to settle the Hotels dues to DFCC Bank.buy neurontin online …
New Line Up
Taking a leaf from developed markets, Central Bank is launching its open market operations for the overnight money market next Monday.Open market operations …
SWAP Talk
The Primary Dealers Association is meeting industry experts on Tue. to discuss ways to promote interest rates swaps and forward rate agreements.Talks by …
Reverse Gear
Sri Lankas 13 bus companies may continue under state control for longer, as attempts to bring in private management steers off course. Industry watchers say …
Talk Shop
An International Labour Organisation study has found the Tharuna Aruna scheme for unemployed graduates highly dysfunctional and run like a Rotary Club.Around …
Educating The Unemployed
The World Bank has decided to lend US$ 60 mn towards revamping university education and creating jobs for unemployed graduates.Around US$ 50 mn will be …
Ver. 2.0
The telecom regulator is wooing a fresh batch of consultants to come up with a new cost based interconnection framework.Applications for the post closed …
Technical Point
Lawyers for Pramuka depositors argued before the Court of Appeal that the Monetary Board had no authority to liquidate Pramuka Bank.The petitioners argued that …
House Hunt
Housing finance giant HDFC is looking for fresh capital after getting a specialised banking licence. HDFC is looking for at least Rs.buy flagyl online buy …
Points To Ponder
State tourism officials are drawing up plans to restrict the lquote all inclusive tourist packages to Sri Lanka. The all-inclusive is believed to be low-end …
Tea Party
Key stakeholders in the tea industry got together last week to form a pan industry apex body. The tea association of Sri Lanka plans to provide a singe point …
Home Grown
An Increasing number of software companies are now developing and marketing software aimed entirely at the local market.Earlier they were trying making inroads …
Green Light
The government announced final tariffs international gateway operators will have to pay local networks to terminate traffic.Under the agreement operators have …
Last Chance
The government and the World Bank will sit together for a final round of talks soon to finalise a big budgetary finance loan.The third meeting will be the last …
Waiting Game
Commercial Bank of Ceylon has sought regulatory approval to acquire five percent of its shares through an off-the floor transaction.The shares owned by Sri …
Out Of Order
Lawyers for Pramuka depositors told court Friday that the monetary board had no authority to liquidate Pramuka Bank.Depositors argued that the Monetary Board …
Soothing EGOs
Soothing balm over the telecom industry, the government announced the final tariffs external gateway operators should pay local networks to terminate …