Early Release
State run Bank of Ceylon has announced an across the board, early retirement scheme for its 9,000 odd staff.The announcement was made in response to requests …
Industry
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Money Spinner
Guardian Investment will raise Rs. 130 million through a 1:5 rights issue to fund its portfolio expansion. online pharmacy buy diflucan with best prices today …
Gateway To Success
Experts say the country will have to diversify its export base in the face of stiff price competition from other large exporters like China. Some companies …
Click Online
Key stakeholders in the private sector, government and the donor community are getting together to set up a Development Portal, aligned with a larger World …
Search Party
A team from Sri Lanka Insurance Corp.s technical partner ING Financial Institution, has started an eight-week task to look at the insurance firms key …
Xpress Delivery
Asymmetric Digital Subscriber Line (ADSL) described as an "always on" board band connection, offers subscribers continued high speed internet connectivity at …
New Leaf
Sri Lanka Export Credit Insurance Corp (SLECIC) is tinkering with its Act to allow it to raise public funds and offer refinance facilities.Cabinet has already …
Try Again Later
The international call access code auction has run aground with regulators now eying a late June date for the event. Industry officials say despite a working …
Forging Ties
Janashakthi Insurance has sought regulatory approval to complete its merger with National Insurance Corp.Once the Insurance Board of Sri Lanka approves the …
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 …
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 …
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 …
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 …
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 …
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 …