Gaol Quest
Customers of Gold Quest, who were hoping to gain total financial freedom within three years by joining the firms controversial lquote binary compensation plan, …
Industry
Curious Courier
DHL said they would upgrade supply chain management in the Asia Pacific region to better service the garment trade.Guaranteed quotas for garment exports are …
Dollar Challenge
Sri Lanka has been asked to submit its proposal promoting economic growth to draw down funds from the Millennium Challenge Corp.s (MCC) billion-dollar …
Globe Trotting
The prospect of joining U.N. peacekeepingrnmissions has prompted more people to join Sri Lankas army, which has beenrnsuffering from a troop shortage, military …
Up on a Hill
Hunas Falls is dressing up its hill country hotel, to get a booking in the Small Luxury Hotels of the world catalogue. The Jetwing managed hotel is spending …
Lost Kitty
Sri Lanka Telecom (SLT) says it has just plugged in a Rs. 60 mn revenue seepage, which was discovered after its new US$ 20 mn billing system kicked in. online …
Fairy Godmother
The Treasury is considering the possibility of taking on the cost of thermal electricity generation to ease the CEBs cash crunch.CEB sources say the Treasury …
Boom Times
The Seylan Merchant Bank (SMB) Groups earnings doubled for the first quarter ending March 31, boosted by its booming leasing portfolio.In results released this …
Hello There
Competition just got louder in the local telecom industry with Indian telco giant VSNL stepping up its operations in Sri Lanka. VSNL on Monday formally …
Clean Deal
Commercial Bank of Ceylon will scrap the commission charged on cheques drawn on its outstation branches starting June 1, 2004.This means that recipients of …
Chef De Plane
SriLankan Airlines Catering will tap the market for US$ 22.5 million to fund its new in-flight catering kitchen in Katunayake. buy tadacip online …
Mind Your Manners
The Labour Minister will start a workers trade union school to change attitudes of employers and employees to foster better working relations.Sri Lanka lost …
Critical Update
The first in a series of Microsoft organised workshops to upgrade IT awareness in Sri Lanka got off this month. Microsoft Country Manager for Sri Lanka Sriyan …
Comfort Zone
Leasing specialist, Ceylease Financial Services, has secured a BBB-(sri) national rating for its long term senior debt, from Fitch Ratings Lanka.A BBB-(sri) or …
Pyramid Warning
The Sri Lanka Banks Association (SLBA) warned the public not to invest in get-rich-quick pyramid schemes, which may result in losses.Pyramid schemes are money …
Changing Winds
Shifting its revenue balance away from interest-income, Seylan Bank will introduce new fee-based products to its current product offer. SeyLink, its version of …
Seamless Exit
Emirates, the Dubai-based international airline, rolled out its new global electronic ticketing system last week, ushering in coupon-free travel to and from …
Distant Lights
Light House Hotel is hoping to double its earnings for the current financial, though somewhat restrained by limitations in room capacity, a broker report …
Running Late
The government component in the proposed Colombo South Harbour projects has propelled to about US$ 300 million from around US$ 220 million quoted earlier.The …
Upside Down
The government is taking a second look at the labour retrenchment package due to stiff opposition from unions and employers, a top minister said.The previous …