Flying India
Indias Jet Airways chalked up Colombo as its first international destination on Wednesday, after both governments opened skies recently for bilateral …
Industry
Over The Sahara
Indias Sahara Air flew in its first paid-passenger-flight to Colombo on Monday taking Sri Lanka a step closer to the coveted regional tourism hub …
Travel Allowance
Travel exchange specialist Travelex will scale up operation in Sri Lanka to tap into the potential of the peace fueled growth in tourism.Sri Lanka is part of …
Maximum Credit
Standard Chartered will leverage Commercial Banks nationwide branch network to sustain growth in its credit card business. rnrnThe deal will allow Standard …
Socially Accountable
The Institute of Chartered Accountants of Sri Lanka (ICASL) - the countrys auditing standard setting body - is trying to lift the countrys accounting standards …
Calling Colombo
The HSBC Group on Friday finalized plans to pump in US$ 25 mn to set up its seventh group service centre in Sri Lanka, generating over 2000 jobs.The call …
Changing Heads
Hatton National Bank has appointed Rienzie Wijetilleke as new Chairman of the Bank. Wijetilleke will continue as Managing Director. online pharmacy buy …
Overseas Banking
Sri Lanka Export Credit Insurance Corporation (SLECIC) is in talks with a Russian bank, to promote financing of Russian importers of local goods.The company …
Redialing
The telecom watchdog is taking a second look at the controversial Caller Party Pays (CPP) tariffs, this time taking account of its implications to phone …
Hot Chip
Intel Expanded its product offer in Sri Lanka as it faces growing demand for its processors from the state and private sector and a growing population of …
Second Airport
More than 30 international airport developers have shown initial interest in building and perhaps taking a stake in a new international airport in the south of …
Guessing Game
Sri Lanka has made it to the list of developing countries selected for concessional funds under the US governments Millennium Challenge Corporation (MCC).The …
Quick Jump
Union Assurance Ltd said Thursday its net profits have nearly doubled on renewed business sentiment in the overall insurance market.Its consolidate net profits …
Spadework
Sri Lanka Telecom said it was pumping Rs. 600 mn to float a fully owned subsidiary endash Telecom City (Pvt) Ltd. online pharmacy buy diflucan with best prices …
Funding Live
Standard Chartered Bank said on Wednesday that it was the lead arranger to a US$ 86 mn seven-year syndicated loan facility to fund Mobitel (Pvt) Ltd.s …
Play Phone
Mauj, an Indian based mobile content provider made its first foray into the local market, launching a Java based cricket game for mobiles. However, the game …
Not Fair
Sampath Bank chief has rapped authorities for continuing to look at financial instruments as a convenient source of raising revenue.The banking sector …
Standing Up
Transparency International, an NGO that fights corruption worldwide says the country needs to make lquote abuse of public resources during elections a criminal …
Number Crunching
Sri Lankas national accounting body is pumping more money into spreading the gospel of good accounting practices throughout the country.The Institute of …
Roads End
All assets of state owned construction firm Road Construction and Development Company (RCDC) is to be packaged and sold off following its shut down last year. …