Solemn Bell
Transmarco Limited, Lanka Bells Singaporean parent company is looking at divesting its remaining stake in its Sri Lankan wireless local loop operation. On …
Industry
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Quick Service
DHL Keells Ltd says it has pumped in Rs. 20 mn to revamp its Gateway Operations Centre. online pharmacy buy diflucan with best prices today in the USA buy …
Swift Move
Sri Lankas largest cellular operator, Dialog GSM, got another US$ 90 mn injection from its parent company, Telekom Malaysia Bhd on Thursday.Thursdays …
Managing State Funds
A new agency to manage government wealth plans to seek private sector expertise and capital to manage government funds.The National Wealth Management …
In Union
The National Savings bank will meet treasury officials soon about making an equity injection to the under capitalised Union Bank.NSB together with Sampath Bank …
Signed & Sealed
The government officially signed off its investments in the insurance business by disposing 90 percent of Sri Lanka Insurance Corp. to the consortium led by …
Clean Book
Commercial Bank on Friday secured an issue rating from Fitch Ratings Lanka (FRL) for its upcoming debenture and preference share issue.The banks Rs. 3 bn …
Hunt For Rupees
Commercial Bank said Thursday it was raising a billion rupees through a five-year preference share issue to strengthen its shareholder funds.The bank said 50 …
Swan City
Nivasiepura, one of the large suburban housing developments in the country, has announced the launch of a new two-storey semi-luxury model to its range in a …
Getting Bigger
The century old local operation of HSBC, has stepped up its distribution channels to tap medium size firms and consumer banking operations.As competition heats …
Clean Slate
Hatton National Bank has become stricter in classifying its non endash performing loans, adding Rs 9 bn to the category.rnrnrnrnrnrnNew Page …
Free For Air
Questions are being raised over a 20 Mhz of frequency allocation in the 1800 Mhz spectrum range to Electroteks Private Limited for free. Reliable sources close …
Knock Knock
National Savings Bank is asking for a foreign currency banking licence (FCBU) to tap migrant workers and expatriate Sri Lankans.rnrnrnrnrnrnNew Page …
Blanket Cover
A recently completed draft policy for the port and shipping sector is proposing to link all agencies working to serve the industry into one umbrella …
Canal Express
Colombos waterways could soon be a hive of activity with a Canadian firm studying its potential as an alternative to road transport. The Canadian firm recently …
Next Debut
New owners plan to list Sri Lanka Insurance Corporation next year after restructuring the company.A consortium led by Distilleries Company and Aitken Spence …
Safety First
Companies that are looking closely at employee welfare are also keen to provide a safe working environment.Organisers of the National Safety Awards say …
Look Out
Media institutions who carry advertisements for financial institutions that promise unrealistic returns may be liable for damages if they later fail to …
Moving In
Friendly services and cost management strategies will bring UK based health insurer, Western Provident Associations (WPA) back office operations to Sri Lanka. …
Moving In
Friendly services and cost management strategies will bring UK based health insurer, Western Provident Associations (WPA) back office operations to Sri Lanka. …