Industry

Helicopter Ride

Lankas top accounting body is giving its membership tips on how to add value to its products and services at its annual forum next week.The Chartered Institute …

Question Mark

The Carsons and JKH Groups recent acquisition of Aitken Spence shares in Union Assurance Ltd has got the securities watchdogs attention.The Securities & …

Coin Jam

Money clogged up due to coin jams in Tritel payphones will go to charity in the provinces they come from, the Maharagama Cancer Hospital the first to benefit. …

Rural Rumble

A team of consultants has recommended tough reforms, a more focused regulatory regime and the winding up of co-operative banks with a negative net worth to …

Buying Online

External Gateway Operators (EGO) registered by Tuesday (May13) will qualify to bid at the first online short code auction scheduled for May 21 or 22.E-W …

Clean Break

Conglomerate Aitken Spence Ltd on Tuesday disposed its equity stake in Union Assurance Ltd.The sale comes after Aitken Spence bought into Sri Lanka Insurance …

Air Pocket

The government is to re-tender for private investors to manage Sri Lankas Air traffic, after discussions with tech giant Lockheed Martin, fell through.The …

Spare Shop

In an industry with annual billings of over Rs. 300 mn, TVS Lanka wants to drive out the market for fake motor vehicle spare parts. online pharmacy buy …

Call Box

Sri Lanka Telecom is seeking approval for an all inclusive rental package for its low usage customers. The package will include the monthly rental and a fixed …

Looking Pretty

National Development Bank said its first quarter profits rose 58% to Rs. 225.9 mn due prevailing low interest rates and capital gains.Interest expense during …

Managing Space

SriLankan Airlines Cargo Centre handled a record 12,078 metric tonnes or 12 mn kilos of freight in March 2003, the highest ever throughput in its history.The …

TATA Push

Tata Automobiles of India, which launched a large selection of its vehicles to the local market, has found ready buyers among the countrys parliamentarians and …

SLT Is Ready

The telecom watchdog is about to rubber stamp a long overdue tariff rise for Sri Lanka Telecom (SLT), while also reviewing its tariffs for submarine cables.The …

Seaview

Ceylinco Homes International, which managed to sell its Hyde Park Apartment complex in record speed plans to add another landmark to the Colombo skyline.The …

INTRAD

The National Chamber of Commerce is organizing an infrastructure trade fair in September, which it hopes will help in the formulation of government …

Bodybuilding

Laws to give banks and finance companies more muscle to tackle bad debts have got regulatory approval and are before the Legal Draftsmen.Under the Amendments …

New Alliance

A new entrant to the primary market in Government securities wants to make investments in Government debt more attractive to retail investors.Capital Alliance, …

Roll Out

Legislature to roll out the e-Sri Lanka initiative is to be debated in Parliament on May 22. Economic Reforms, Science and Technology Minister Milinda Moragoda …

Building a Case

The construction professionals are calling for a national policy to guide the industry and ensure its sustainability.The Chamber of Construction Industry on …

Buying Space

The telecom regulator is awaiting Ministry approval to allocate two frequency slots in the 1800 MHz range, of three put up for sale. Telecommunications …