EGO Problems
Telecom operators have ganged up to lobby against the draft External Gateway Operators (EGO) licence published for public comment earlier this week. Senior …
Great Expectations
Dubai based Emirates Airlines on Thursday unveiled massive new expansion plans to add new aircrafts and extra routes.This year it will add a record 11 new …
Helping Hand
State run Peoples Bank plans to use its extensive pawning network as broader base to popularise micro finance activities throughout the country.With technical …
Buying Time
Distressed depositors of Pramuka Bank on Thursday secured a stay order to stop Central Bank from liquidating the failed savings and development bank.Thursdays …
System Check
Change is in the offing to revamp a highly criticised public sector with a top-level Administrative Committee appointed by the Premier, pushing for a series of …
Grama Seva
Regional telecom firms could come into play under a state proposal to propagate communication facilities in rural villages. The regional licences will give …
Members Only
New subjects are making their way into CIMA Sri Lankas curriculum, including fashion tips, social dancing and opportunities for networking. All the new …
Goodbye
The Board of Investment (BOI) is looking to trim up to 50 percent of its workforce with a voluntary retirement scheme doing its rounds among staff. online …
Baton Change
Pramuka Banks key shareholders on Monday evening gave the Janashakthi Group the mandate to look at the possibility of resurrecting the troubled development and …
Calling Out
Local payphone operators Tritel were given a subsidy of Rs. 1.3 mn Monday to set up pay phones in rural areas outside the Western Province. online pharmacy buy …
Rolling Cable
The government is pushing through plans for lquote Visva Grama, a project to roll out modern ICT infrastructure in rural areas. US 0.06 cents charged on each …
Hello
The final draft licence for External Gateway Operators (EGO) is due Tuesday, the license fee remains unchanged at US$ 50,000.Operators will also pay 0.3 per …
Whos Fault?
Pramuka Employees are accusing the banks auditors KPMG of certifying accounts, which were not true and fair when there were massive accounting frauds. They are …
Two Suitors
Two local investor groups are talking to Peoples Bank to give it a badly needed equity injection while the government is seeking donor assistance for further …
Flat Tyre
Selling the remaining seven bus company faced another breakdown, the deadline for applications pushed back once again.Meanwhile, the Public Enterprises Reform …
Tech Talks
UK based Adam Smith Institute secured the mandate to prepare the groundwork for a new telecomm and ICT regulator.The Science & Technology Ministry said …
Niche Banking
Standard Chartered Bank is coming out with lquote Select, a new wealth management product, to manage upper middle class segments personal banking needs.The …
Interesting Rates
The Ceylon Chamber of Commerces Import Section is lobbying with fiscal authorities to ensure commercial banks reduce their lending rates in line with Central …
Call To Account
Pramuka Employees picketing in front of the audit firm, KPMG Ford Rhodes and Thornton, alleged that the audit firm had failed to detect massive accounting …
Small Hands
A white paper on wide ranging reforms to support and strengthen the small and medium sector has moved from the drawing board to the government for approval. …