Twisted Pair
Sri Lanka Telecoms (SLT) Japanese stakeholder NTT Communication says the government has violated is shareholders agreement by allowing new players into the …
Industry
Cash Connect
New interconnection rules came into effect on Friday, setting the ground work for external gateway operators to negotiate network access. rnrnrnrnrnrnrnNew …
Moving On
Mobitel will install a 200,000 line island wide GSM network by August, the first stage in its migration from its existing TDMA backbone. The migration could …
Last Round
A top IFC official who is on a routine visit to Sri Lanka, signed the deal this evening.rnrnUnder the agreement, IFCs will be represented on Commercial Banks …
Final Call
Sri Lanka Telecom is moving towards a two-tier tariff band to encourage people to talk more and pay less.The proposal forms part of its bigger plan for a 15 …
High Jump
Commercial Bank of Ceylon Ltd on Wednesday notched a 25 percent profit growth and said it was taking a bold step to move towards triple bottomline …
Riding High
Citibank NA Sri Lanka branch topped the honours list by securing a SL AAA (Triple A) national rating from Fitch Ratings Lank for its implied unsecured senior …
Oil Shock
SriLankan Airlines has sought Civil Aviation Authority approval to raise outbound airfares by US$ 5 per sector.The airline has sought the increase, as fuel …
Hurry up
Pramuka Bank Stakeholders Association is urging Central Bank to quickly give the information required by Janashakthi Capital for their restructure proposal, …
Getting Bigger
Ceylinco Life, Sri Lankas largest private insurer, has ended the year with a record Rs 2.360 bn in premium income.Figures released this week show that the …
Waiting Room
Twenty one applicants vying to get into the external gateway operations industry got their licences today, including network operators Suntel, Lanka Bell, …
Life Protection
Indias Life Insurance Corp. plans to set up an ombudsman to settle life insurance disputes as part of its efforts to encourage Sri Lankans to take up insurance …
Cost Cutting
SriLankan Airlines expects to sharply cut its losses during the current financial year but said the group will be in the black.The national carrier said it …
Hello There
SLT is announcing international direct dialing rate cuts of up to 25 percent, as the government finalises plans to offer an unlimited number of international …
Hot Cakes
Developers of a new apartment complex say the demand for housing is on the rise with the upturn in the economy.Finance & Guarantee Property Developers say the …
Profit Warning
SriLankan Airlines, on Friday made a profit warning for the current financial year, but said group profits will remain steady as the previous year.rnAs a …
Thrills & Spills
Sri Lankas top accounting body gave its budding accountants some tips on how to market themselves in a changing working place.rnAptly titled ldblquote Managing …
Ringing Loud
Dominant telecom operator Sri Lanka Telecom on Thursday, said its net profits picked up by 28 percent for year ending December 31, 2002.SLTs group net profit …
Penultimate Lap
The government is expected to dispose 20 percent of its ownership held in Commercial Bank through Sri Lanka Insurance Corp. by end next week.Treasury approval …
Debt Exchange
Maldivian conglomerate Universal Enterprises took a 57.16% stake in Mahaweli Reach Hotel, a deal to settle the Hotels dues to DFCC Bank.buy neurontin online …