Industry

Quick Cash

Commercial Bank of Ceylon has tied up with Xpress Money, to provide Lankan expatriates facilities to transfer funds to Sri Lanka instantly. With this …

Who Did It?

A major fire broke out at the government Printers Dept., late Saturday, and officials are not sure if its an accident or sabotage. buy naprosyn online …

Purring Off

Lion Air is swapping its large Avro aircraft for a smaller Shorts plane as it scrambles to stay afloat amidst falling passenger numbers.The airline presently …

Chug Chug

The Transport Ministry is going on reverse gear, repelling the Railways Authority Act and replacing it with fresh legislation.Transport Minister Felix Perera …

Harvesting Time

Sri Lanka Telecom Ltd. may reap substantially higher revenue if an international call routing agreement with Indias Bharat Sanchar Nigam Ltd. takes effect, …

Pricey Jam

Traffic jams in and around Colombo are not just driving people insane with frustration; its costing the country a thumping Rs 20 bn a year.ldblquote The …

Talk Shop

Insurance consultant Chandra Fernando thought very little when he signed up for a Dialog GSM connection on March 30, 1995.The 54 year old Fernando recounts …

Repair Job

Local transport authorities want to scrap the current system of private mass transport for a more service oriented and easy to monitor system. The National …

Mobile Mania

With taxes slashed and handsets smuggled in, Sri Lanka is becoming a mobile phone paradise where even the islands prisons are awash with cell phones.With the …

Blowing Cold

Is South Asia actually heading towards an area of free trade or towards free floating discussions for a never never land?SARRCs committee of experts met for a …

Jetting Off

Jet Airways Ltd., Indias second- biggest domestic airline by fleet size, said its in talks to sell a stake to potential investors to raise funds to expand. …

Forest Fog

Developing countries like Sri Lanka exploit natural resources to grow exports that help pay off foreign debt.Encroachment of forests like Sinharaja by tea …

Seat Dump

SriLankan Airlines, which plans to add around half a dozen aircraft to its fleet over the next year, says subsidized carriers are dumping seats to the …

Watch Out

The Central Bank came out strongly against pyramid style investments, warning public not to park their savings in quick money making schemes.rnrnrnThe banks …

Virtual Money

The World Bank on Thursday signed a US$ 53 million deal with the Republic of Sri Lanka, funds to back its island-wide Information and Communications Technology …

Growing Wings

National carrier SriLankan Airlines threw the gauntlet at the hotel industry, saying it was ready to broad base into up-market leisure hotels if local industry …

Hunger Pangs

TNT employees around the world will take to the roads on Sunday, to raise awareness and funds against world hunger.TNT International Express employees in 64 …

Road Block

Open bids to be called for in June to build the Colombo-Katunayake Highway are on hold, as the government tries to jumpstart the process with former contractor …

Local Anesthesia

Sri Lankas roads are crying out for some serious medicine, but the Highways Ministry is tending the road network with sticking plasters, since it cant afford …

Under the Wing

Eagle Insurance paid some Rs. 145 mn for International Finance Corporations (IFC) 15 per cent stake in Union Assurance, in a deal that went through the Colombo …